Tudor Investment Corp ET AL Has $10.09 Million Stake in First BanCorp. $FBP
Tudor Investment Corp ET AL significantly reduced its stake in First BanCorp. by 37.4%, now holding 457,398 shares valued at $10.09 million. Despite this, other institutions like Norges Bank and Boston Partners increased their positions, maintaining institutional ownership near 97.9%. First BanCorp. recently reported strong quarterly earnings, beating expectations, and increased its quarterly dividend, while analysts maintain a "Moderate Buy" consensus rating with an average price target of $24.75.
First BanCorp. $FBP Shares Bought by SG Americas Securities LLC
SG Americas Securities LLC significantly increased its stake in First BanCorp. (FBP) by 74.1% in Q4, now holding 128,580 shares valued at $2.67 million. Institutional investors collectively own a substantial 97.91% of the stock. Analysts have given FBP an average rating of "Moderate Buy" with a target price of $24.75, following recent Q4 earnings that surpassed expectations, a raised dividend, and a strong return on equity.
Director of First BanCorp (NYSE: FBP) granted 1,872 restricted shares, 209 withheld for taxes
First BanCorp director Patricia Eaves was granted 1,872 restricted shares of common stock at $21.36 per share under the company's Omnibus Incentive Plan. On the same date, 209 shares were withheld to cover taxes related to previously vested restricted stock. After these transactions, Ms. Eaves directly holds 21,651 shares of First BanCorp common stock, with the newly granted shares set to vest over one year, by March 31, 2027.
Wells Fargo Reaffirms Their Buy Rating on First Bancorp Puerto Rico (FBP)
Wells Fargo analyst Timur Braziler maintained a Buy rating on First Bancorp Puerto Rico (FBP) with a $24.00 price target. The company reported strong quarterly revenues and net profits, showing growth compared to the previous year. Despite a negative sentiment among corporate insiders regarding share sales, analysts generally hold a "Moderate Buy" consensus for FBP.
First BanCorp. (NYSE:FBP) Price Target Raised to $24.00 at Wells Fargo & Company
Wells Fargo & Company has increased its price target for First BanCorp. (NYSE:FBP) to $24.00 from $23.00, maintaining an "overweight" rating and suggesting a 14.58% upside. Other analysts have also raised their targets, leading to a consensus "Moderate Buy" rating and an average price target of $24.75. The bank recently reported strong quarterly earnings of $0.55 EPS, surpassing estimates, and demonstrates solid financial metrics like a 17.33% ROE and 27.48% net margin.
First BanCorp. Isn't Prime For A Downgrade Yet (NYSE:FBP)
First BanCorp. (FBP) maintains a "Buy" rating due to strong asset quality and improving core deposits, leading to a net interest margin of 4.68% and growth in net income that has outperformed the S&P 500. The company's valuation is attractive with a 9.2x P/E, and its return on assets (1.81%) and equity (17.84%) surpass benchmarks, despite slightly elevated non-performing assets. The author, Daniel Jones, suggests FBP shares should continue to outperform the market.
Vanguard discloses zero ownership in First BanCorp (FBP) after entity realignment
Vanguard Group has filed an amended Schedule 13G/A, reporting zero beneficial ownership of First BanCorp/Puerto Rico (FBP) common stock. This change follows an internal realignment of Vanguard entities on January 12, 2026, which now requires subsidiaries to report their holdings separately. The filing states that Vanguard still holds the right to receive dividends or proceeds for managed accounts, but no single other person holds more than 5% of the class.
FBP SEC Filings - First Bancorp P R 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for investors to access First Bancorp P R (FBP) SEC filings, including 10-K, 10-Q, 8-K, and insider trading forms. It leverages AI-powered summaries to simplify complex documents and offers real-time updates on significant corporate events and insider transactions. The article details several recent insider trading activities, including share acquisitions through DRIP and notable dispositions by executives.
[ARS] FIRST BANCORP /PR/ SEC Filing
This article announces an ARS SEC filing by FIRST BANCORP /PR/ (FBP) on March 25, 2026, at 04:57 PM. The filing is categorized with low impact and neutral sentiment, and is available as a PDF document from the SEC EDGAR database. The article also provides a company overview, rankings, and recent news and SEC filings related to FBP.
First BanCorp (FBP) CFO gains restricted stock and performance share units
First BanCorp's EVP and CFO, Orlando Berges Gonzalez, recently received equity compensation including 13,980 restricted shares and 13,980 Performance Share Units, with the restricted stock vesting over three years. A portion of his shares was withheld for tax purposes related to a previous award. Following these transactions, he directly holds 323,539 common shares and 44,254 Performance Share Units.
First BanCorp (FBP) CAO gets 9,471 restricted shares, 1,436 withheld
First BanCorp's Chief Accounting Officer, Ortiz Said, received a grant of 9,471 restricted shares of FBP common stock under the company's Omnibus Incentive Plan. These shares, valued at $20.59 each, will vest in two tranches on March 19, 2028, and March 19, 2029. Additionally, 1,436 shares were withheld to cover tax obligations on a prior restricted stock award that vested in 2024, resulting in Said directly holding 48,202.489 shares after these transactions.
First BanCorp (FBP) EVP granted restricted stock and 9,227 Performance Share Units
First BanCorp's EVP, Lopez-Lay Ginoris, received 9,228 restricted shares and 9,227 Performance Share Units (PSUs) on March 19, 2026. The restricted stock will vest over three years, while the PSUs are contingent on achieving performance goals. Additionally, 796 shares were withheld to cover taxes on a previous restricted stock award, not an open-market sale.
First BanCorp (FBP) EVP awarded stock, performance units and tax withholding
First BanCorp's EVP, Nayda Rivera, received 13,576 shares of restricted stock and 13,576 Performance Share Units as part of her compensation. The restricted stock vests over three years, while the Performance Share Units are part of a larger award that vests based on performance goals. Additionally, 2,661 shares were withheld to cover taxes on previously vested restricted stock, bringing her total direct holdings to 250,398 common shares.
First BanCorp (FBP) EVP receives stock awards and withholds shares for taxes
First BanCorp's EVP, Jose Maria Lacasa, received new equity compensation including 10,693 restricted shares and 10,692 Performance Share Units. The restricted shares vest over two to three years, while the PSUs are tied to performance goals. Additionally, 1,596 common shares were withheld to cover taxes on previously vested restricted stock, bringing his direct holdings to 81,473 shares.
First BanCorp (NYSE: FBP) COO gets stock awards as tax shares withheld
First BanCorp's EVP and COO, Juan Carlos Pavia, received 11,583 restricted stock shares and 11,583 Performance Share Units. The restricted shares vest over three years based on time in service, while the Performance Share Units vest based on achieving performance goals. Additionally, 1,474 common shares were withheld to cover taxes on previously vested restricted stock, bringing his direct holdings to 98,870 shares plus 31,894 Performance Share Units.
First BanCorp (NYSE: FBP) GC reports stock awards and tax withholding
First BanCorp's EVP and General Counsel, Sara Alvarez-Cabrero, received 9,781 shares of restricted stock and 9,781 Performance Share Units on March 19, 2026, as part of the company's Omnibus Incentive Plan. The restricted stock vests over three years, while the PSUs are performance-based. Additionally, 1,694 shares were withheld on March 21, 2026, to cover taxes on previously vested restricted stock, leaving her with 84,573 common shares directly held.
First BanCorp (NYSE: FBP) EVP receives equity awards and tax-share withholding
First BanCorp (NYSE: FBP) Executive Vice President Lilian Diaz-Bento reported receiving 9,689 shares of restricted common stock and 9,689 Performance Share Units on March 19, 2026. She also had 853 shares withheld on March 21, 2026, to cover taxes on previously vested restricted stock. Following these transactions, Diaz-Bento directly holds 64,375 common shares and 28,984 Performance Share Units.
First BanCorp (FBP) CEO gets stock and PSUs; shares withheld for tax
First BanCorp's CEO, Aurelio Aleman, reported equity compensation including 58,318 shares of restricted stock and 58,318 Performance Share Units (PSUs). The restricted shares vest over time, while PSUs are performance-based. Additionally, 12,693 shares were withheld to cover taxes on previously vested restricted stock, adjusting his direct holdings to 1,130,475 common shares.
FBP SEC Filings - First Bancorp P R 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for First Bancorp P R (FBP) SEC filings, including 10-K, 10-Q, and 8-K reports, along with insider trading forms. It details how the company reports its financial condition and highlights recent insider transactions with AI-powered summaries. The platform aims to help investors track FBP’s financial performance and regulatory disclosures effectively.
First BanCorp. (NYSE:FBP) Receives Average Recommendation of "Moderate Buy" from Analysts
First BanCorp. (NYSE:FBP) has received an average "Moderate Buy" recommendation from six analysts, with four rating it a "buy" and two a "hold," and an average one-year price target of $24.58. The company recently exceeded Q1 earnings estimates and increased its quarterly dividend to $0.20 per share (3.9% yield). However, the article also notes significant insider selling by a director and an EVP, who reduced their stakes in the company.
First BanCorp (NYSE: FBP) EVP vests 14,451 PSUs, withholds shares for taxes
First BanCorp's EVP Jose Maria Lacasa vested 14,451 Performance Share Units (PSUs) into common stock on March 16, 2026, as part of a performance-based award. To cover tax obligations, 8,337 shares were withheld at $20.57 per share. This transaction is considered a routine vesting with tax withholding and not open-market trading, leaving Lacasa with 72,376 direct common shares and 16,256 PSUs still outstanding.
First BanCorp (NYSE: FBP) COO nets shares from performance unit vesting
First BanCorp's EVP and COO, Juan Carlos Pavia, exercised 16,515 Performance Share Units which vested based on the company's total shareholder return and tangible book value goals. To cover taxes, 7,090 common shares were withheld at $20.57 per share. Following these transactions, Pavia directly holds 88,761 shares of First BanCorp common stock.
[Form 4] FIRST BANCORP /PR/ Insider Trading Activity
First BanCorp's EVP and CFO, Orlando Berges Gonzalez, reported the exercise of 28,595 Performance Share Units into common shares on March 16, 2026. These units vested based on achieving three-year performance goals related to relative total shareholder return and tangible book value per share. To cover tax obligations, 9,108 and 3,734 common shares were withheld at $20.57 per share, classified as tax-withholding dispositions rather than market sales; Berges Gonzalez now directly owns 312,038 shares.
First BanCorp (NYSE: FBP) EVP exercises 23,069 units, 13,797 shares withheld for taxes
First BanCorp's Executive Vice President, Nayda Rivera, exercised 23,069 performance share units into common stock on March 16, 2026, with an exercise price of $0.00. Simultaneously, 13,797 common shares were withheld at $20.57 per share to cover tax obligations. Following these transactions, Rivera directly holds 239,483 shares of common stock and has 25,752 performance share units outstanding for future vesting.
First BanCorp (NYSE: FBP) EVP exercises 15,886 PSUs, ends with 55,539 shares
First BanCorp's EVP, Lilian Diaz-Bento, exercised 15,886 Performance Share Units (PSUs), converting them into common stock. Following this transaction and shares withheld for taxes, she directly owns 55,539 common shares. The PSUs vested based on total shareholder return and tangible book value per share goals, achieving payouts of 150% and 101.46% of target, respectively.
Q4 Earnings Highs And Lows: First BanCorp (NYSE:FBP) Vs The Rest Of The Regional Banks Stocks
This article analyzes the Q4 earnings performance of First BanCorp (NYSE:FBP) and other regional banks, highlighting their financial results and market reactions. While First BanCorp had a mixed quarter with revenue beat but a miss on net interest income, Merchants Bancorp (NASDAQ:MBIN) showed strong performance and National Bank Holdings (NYSE:NBHC) reported weaker results. The piece also briefly touches on broader market concerns, including artificial intelligence and geopolitical risks, and their impact on investor sentiment.
First Bancorp. to Announce 1Q 2026 Results on April 22, 2026
First BanCorp (NYSE: FBP) announced it will report its first-quarter 2026 financial results before market open on April 22, 2026. The company will host a conference call and live webcast at 10:00 AM ET on the same day to discuss the results. Interested parties can access the webcast via the company's investor relations website or by dialing into the conference call.
Algert Global LLC Increases Stock Position in First BanCorp. $FBP
Algert Global LLC has increased its stake in First BanCorp. (FBP) by 14.1%, now owning 1,071,756 shares valued at approximately $23.63 million. Other institutional investors have also boosted their positions, leading to 97.91% institutional ownership. Analysts have a "Moderate Buy" rating for FBP with a target price of $24.58 following recent earnings beats and a dividend increase.
A Look At First BanCorp (FBP) Valuation After Recent Share Price Weakness
First BanCorp (FBP) has experienced recent share price weakness, with a 13% decline over the past month, despite a 1-year total return of 19.37%. The company is considered 15.7% undervalued with a fair value estimate of $24.00 against its current price of $20.24, based on analyst forecasts for future revenue and earnings. Investors are advised to consider both the potential opportunity and significant risks, including exposure to Puerto Rico and the Caribbean, and rising regulatory and technology costs.
Schroder Investment Management Group Increases Stock Position in First BanCorp. $FBP
Schroder Investment Management Group has increased its stake in First BanCorp. (NYSE:FBP) by 8.5% in the third quarter, now owning over 2 million shares valued at approximately $44.26 million. This comes as analysts maintain a "Moderate Buy" consensus with an average price target of $24.58. First BanCorp. also reported beating EPS estimates, increased its quarterly dividend, and has significant institutional ownership.
First Trust Advisors LP Acquires 148,822 Shares of First BanCorp. $FBP
First Trust Advisors LP has increased its stake in First BanCorp. (NYSE:FBP) by 3.7% in the third quarter, purchasing an additional 148,822 shares. The fund now owns 4,207,765 shares worth $92.78 million. Several other institutional investors also adjusted their holdings, while the bank recently increased its quarterly dividend to $0.20 per share, offering a 3.9% yield.
Dimensional Fund Advisors LP Sells 125,049 Shares of First BanCorp. $FBP
Dimensional Fund Advisors LP reduced its stake in First BanCorp. (NYSE:FBP) by 1.5% in the third quarter, selling 125,049 shares and retaining over 8 million shares valued at approximately $178.7 million. Despite this trimming, First BanCorp. has received a "Moderate Buy" consensus rating from analysts with an average price target of $24.58, following positive earnings and an increased quarterly dividend. The company reported EPS of $0.55, beating estimates, and boosted its dividend to $0.20 per share, offering a roughly 3.9% yield.
Labor Shortages Threaten First Bancorp’s Clients, Operations, and Financial Performance
First Bancorp (FBP) is facing significant risks due to widespread labor shortages in its operating regions, including Puerto Rico, the U.S., and the Virgin Islands. These shortages are impacting commercial clients by disrupting supply chains and cash flows, potentially hindering their ability to repay loans. Additionally, the bank itself is experiencing higher wage costs and staffing gaps, which could lead to reduced service quality and negatively affect its financial performance.
How Investors Are Reacting To First BanCorp (FBP) Rising Labor-Driven Operational And Credit Pressures
First BanCorp is facing increasing operational and credit pressures due to widespread labor shortages in its operating regions, impacting commercial clients and the bank's own wage costs and staffing. This situation poses a challenge to the bank's investment narrative, specifically regarding asset quality and the risk of localized economic shocks affecting its loan book. Despite strong Q4 2025 earnings, investors are examining how these labor market strains might affect future profitability, credit costs, and the bank's projected fair value, which currently has a 12% upside.
How Investors Are Reacting To First BanCorp (FBP) Rising Labor-Driven Operational And Credit Pressures
First BanCorp is facing challenges from widespread labor shortages in Puerto Rico and other markets, impacting its commercial clients and increasing the risk of loan defaults. These labor constraints are also raising the bank's own wage costs and creating staffing gaps, which could affect service quality and introduce operational and credit risks. Despite recent strong earnings, investors are evaluating how these pressures might alter First BanCorp's investment narrative, particularly concerning asset quality and its $24.00 fair value projection.
Labor Shortages Threaten First Bancorp’s Clients, Operations, and Financial Performance
First Bancorp (FBP) is facing a significant new risk due to widespread labor shortages in its operating markets, including Puerto Rico, the U.S., and the Virgin Islands. These shortages are impacting both its commercial clients by disrupting their operations and cash flows, and the bank's own operations through increased wage costs and staffing issues. This situation threatens First Bancorp's service levels and financial performance, though Wall Street maintains a Moderate Buy consensus rating on the stock.
First BanCorp. $FBP Shares Purchased by Citigroup Inc.
Citigroup Inc. significantly increased its stake in First BanCorp. (NYSE:FBP) by 48.3% in the third quarter, bringing its total holdings to 402,890 shares valued at approximately $8.88 million. This surge in institutional investment comes as First BanCorp. exceeded quarterly EPS expectations, beating the consensus by $0.03 with $0.55 per share, and raised its quarterly dividend to $0.20 per share, resulting in an annualized yield of 3.8%. Analysts have responded positively, with several increasing price targets and maintaining a "Moderate Buy" consensus rating for the stock, indicating continued confidence in the bank's performance.
Assessing First BanCorp (FBP) Valuation As Labor Shortages Raise Credit And Operational Risks
First BanCorp (FBP) is facing increased scrutiny from investors due to labor shortages reported in Puerto Rico and other markets, which are raising concerns about the company's credit and operational risks. Despite recent share price declines, FBP's long-term shareholder returns remain strong. Analysts view the company as 12% undervalued, with a fair value of $24.00, suggesting a potential reset opportunity driven by anticipated improvements in net interest margin.
FBP Financials: Income Statement, Balance Sheet & Cash Flow
This article provides a detailed financial overview of First Bancorp P R (FBP), including its income statement, balance sheet, and cash flow statement, derived from SEC filings. As of fiscal year 2025, FBP shows strong financial health with a Piotroski F-Score of 6/9 and a Financial Profile score of 68/100, highlighting solid profitability, cash flow generation, and conservative leverage despite a revenue decline. The report includes key financial metrics, year-over-year growth rates, and a Q&A section addressing common financial inquiries about the company.
Vanguard Group Inc. Boosts Holdings in First BanCorp. $FBP
Vanguard Group Inc. increased its stake in First BanCorp. by 0.7% in the third quarter of last year, now owning 13.12% of the company, valued at approximately $464.2 million. First BanCorp. also raised its quarterly dividend to $0.20, offering an annualized yield of about 3.6%. The stock has received a consensus "Moderate Buy" rating from analysts, with a target price of $24.58.
First BanCorp (NYSE:FBP) Shows Technical Breakout Setup
First BanCorp (NYSE:FBP) has been identified as a promising candidate for a technical breakout according to a recent analysis. The stock exhibits a high technical health score (8/10), indicating a strong underlying uptrend with positive long-term trends and supportive moving averages. Additionally, it has a high setup quality score (9/10), suggesting it's in a consolidation phase and preparing for a potential upward move, with clear support and resistance levels providing a defined trading range.
FBP - First Bancorp P R Latest Stock News & Market Updates
This page provides the latest news and market updates for First Bancorp P R (FBP), a Puerto Rico-based financial holding company. It aggregates Business Wire announcements, earnings releases, rating actions, and other public updates relevant to FBP stock, including detailed financial reports and dividend declarations. The content aims to offer investors and traders insights into the corporation's commercial banking activities and financial performance across its operating regions.
Is First BanCorp’s CFO Succession Plan Shaping a New Capital Management Narrative for FBP?
First BanCorp (NYSE:FBP) has announced the upcoming retirement of CFO Orlando Berges and the internal promotion of Said Ortiz, signaling a focus on continuity in financial oversight. This transition occurs amidst an active capital return program, including a recent dividend increase, which is a key short-term focus for shareholders despite risks related to the company's concentrated geographic exposure in Puerto Rico and Florida. The article suggests this continuity in leadership will influence FBP's investment narrative, with analysts forecasting revenue and earnings growth that could lead to a fair value of $24.00, implying a 6% upside.
Is First BanCorp’s CFO Succession Plan Shaping a New Capital Management Narrative for FBP?
First BanCorp. has announced that CFO Orlando Berges will retire in June 2026, with Said Ortiz taking over, signaling continuity in financial leadership. This internal succession, coupled with a recent dividend increase and ongoing buyback program, emphasizes an active capital return strategy for shareholders. The article notes the importance of a clear investment narrative for First BanCorp, balancing capital deployment with the risks of geographic concentration in Puerto Rico and Florida.
First BanCorp. (NYSE:FBP) Receives Average Rating of "Moderate Buy" from Brokerages
First BanCorp. (NYSE:FBP) has received an average "Moderate Buy" rating from six brokerages, with an average 1-year price target of $24.58. The company reported strong Q4 earnings, surpassing analyst estimates with an EPS of $0.55 and revenue of $257.17 million. Additionally, First BanCorp. increased its quarterly dividend to $0.20, representing an annualized yield of 3.5%.
A Look At First BanCorp (FBP) Valuation After Planned CFO Succession Announcement
First BanCorp (FBP) has announced the retirement of its long-serving CFO, Orlando Berges, with Said Ortiz stepping into the role by 2026. This leadership transition raises questions about continuity in financial policy for investors. The article examines First BanCorp's valuation, noting its share price of US$22.48, a 5-year total shareholder return of 140.06%, and analyst consensus pointing to a fair value of $24.00, suggesting it could be undervalued.
Is the Options Market Predicting a Spike in First BanCorp Stock?
The options market, specifically the March 20, 2026 $15 Put, suggests that investors are anticipating a significant move in First BanCorp (FBP) stock, as indicated by its high implied volatility. Despite this, analysts currently rate First BanCorp as a Zacks Rank #3 (Hold), with recent slight upward revisions in earnings estimates. This high implied volatility might present an opportunity for seasoned options traders to sell premium.
Public Sector Pension Investment Board Purchases 73,168 Shares of First BanCorp. $FBP
The Public Sector Pension Investment Board increased its stake in First BanCorp. (NYSE:FBP) by 11.7% in the third quarter, acquiring an additional 73,168 shares to hold a total of 697,827 shares valued at approximately $15.39 million. This purchase represents about 0.43% of the company. First BanCorp. has shown strong financial performance, beating quarterly EPS estimates, raising its quarterly dividend, and maintaining robust profitability metrics.
LSV Asset Management Lowers Position in First BanCorp. $FBP
LSV Asset Management reduced its stake in First BanCorp. by 3.7% in the third quarter, while First BanCorp. recently increased its quarterly dividend and posted an earnings beat. Institutional investors own a significant portion of the company, and analysts generally rate the stock as a "Moderate Buy." Insider transactions show some selling activity, while several analysts have issued updated ratings and price targets for the company.
Insider Sell: HERENCIA ROBERTO R Sells 4,723 Shares of First Ban
HERENCIA ROBERTO R, a Director at First BanCorp's subsidiary, sold 4,723 shares of First BanCorp (FBP) on February 11, 2026. This transaction continues a trend of insider selling, with no insider buys and eight insider sells over the past year for the company. Despite the selling, First BanCorp's stock is considered fairly valued at $22.63 based on its GuruFocus Value, and its price-earnings ratio is lower than the industry median.
