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21.74 USD
P/E
9.70
EPS
2.15
Yield
3.40%
Safety Score
97
P/B
1.65
ROE
18.97
Beta
0.86
Target Price
24.64 USD
First Bancorp logo

First Bancorp

🧾 Earnings Recap – Q3 2025

First BanCorp reported robust third-quarter financial results, with net income reaching $100 million and adjusted EPS growing 13% year-over-year, despite headwinds in consumer credit demand.

  • Total loan growth of $181 million, marking a 5.6% annualized increase, surpassing $13 billion for the first time since 2010.
  • Authorization of an additional $200 million share buyback program, reflecting commitment to return 100% of annual earnings to shareholders.
  • Consistent performance in commercial and construction lending sectors, mitigating a slowdown in auto industry loan demand.
  • Improved credit quality with a 7% reduction in nonperforming assets and stabilizing charge-off rates.
  • Strong capital position enables strategic organic growth and supports the ongoing diversification of the franchise.
📅
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Key Metrics
Earnings dateApril 23, 2026
P/E9.70
EPS2.15
Book Value12.64
Price to Book1.65
% Insiders2.000%
Growth
Revenue Growth0.07%
Earnings Growth0.21%
Estimates
Forward P/E8.85
Forward EPS2.36
Target Mean Price24.64
Dividend
Dividend Yield3.40%
Annual dividends0.74 USD
Ex-Div. DateFeb. 26, 2026
Payout33.50%
5y avg Yield3.03%

DCF Valuation

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DCF Result

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Upside
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Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

First Bancorp Logo First Bancorp Analysis (FBP)

United States Financials Official Website Stock

Is First Bancorp a good investment? First Bancorp (FBP) is currently trading at 21.74 USD. Market analysts have a consensus price target of 24.64 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 9.70. This relatively low multiple may signal that First Bancorp is undervalued compared to historical market norms.

Earnings Schedule: First Bancorp is expected to release its next earnings report on April 23, 2026. The market consensus estimate for Forward EPS is 2.36.

For income investors, First Bancorp pays a dividend yield of 3.40%. With a payout ratio of 33%, the dividend appears sustainable.

Investor FAQ

Does First Bancorp pay a dividend?

Yes, it pays an annual dividend of 0.74 USD (3.40% yield).

What asset class is First Bancorp?

First Bancorp is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be April 23, 2026. The company currently has a trailing EPS of 2.15.

Company Profile

First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides financial products and services to consumers and commercial customers. It operates through six segments: Mortgage Banking; Consumer (Retail) Banking; Commercial and Corporate Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; hedging activities; purchase of mortgage loans from branch and mortgage bankers; and origination of residential real estate loans. The Consumer (Retail) Banking segment is involved in consumer lending, commercial lending to small businesses, commercial transaction banking, and deposit-taking activities. The Commercial and Corporate Banking segment offers lending and other services, including commercial lending and commercial deposit-taking activities. The Treasury and Investments segment manages funding; and obtains funds through brokered deposits, advances from the FHLB, and repurchase agreements involving investment securities, among other funding sources. The United States Operations segment provides checking, savings, and money market accounts; retail CDs; internet banking services; residential mortgages; home equity loans and lines of credit; retail deposits; cash management services; remote data capture; automated clearing house transactions; and traditional commercial and industrial, and commercial real estate products, such as lines of credit, term loans, and construction loans. The Virgin Islands Operations segment focuses on consumer and commercial lending, and deposit-taking activities. The company also offers automobile financing and insurance agency services. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

Exchange Ticker
NYQ (United States) FBP
Dividend Yield

3.40% (5y avg: 3.03%)

Annual Dividends

0.74 USD

Next ex. div date

Feb. 26, 2026

Payout Ratio

33.50%

Historical Dividends
Year Total Dividends
2027 0.27 USD
2026 0.94 USD
2025 0.72 USD
2024 0.64 USD
2023 0.56 USD
2022 0.46 USD
2021 0.31 USD
2020 0.20 USD
2019 0.14 USD
2018 0.03 USD
2009 0.14 USD
2008 0.28 USD
2007 0.28 USD
2006 0.28 USD
2005 0.42 USD
2004 0.48 USD
2003 0.44 USD
2002 0.55 USD
2001 0.52 USD
2000 0.44 USD
1999 0.36 USD
1998 0.53 USD
1997 0.48 USD
1996 0.40 USD
1995 0.11 USD
1992 1.65 USD
1990 0.08 USD
1989 0.44 USD
1988 0.14 USD
1987 0.22 USD

Yearly aggregated dividends

Dividends

First Bancorp
Mar 13, 2026 Paid
Dividend
0.2 USD
First Bancorp
Dec 12, 2025 Paid
Dividend
0.18 USD
First Bancorp
Sep 12, 2025 Paid
Dividend
0.18 USD
First Bancorp
Jun 13, 2025 Paid
Dividend
0.18 USD

Historical Split Corporate Actions

Split Date Split Ratio to 1
Oct. 1, 2002 1.500000
July 1, 2005 2.000000
Jan. 7, 2011 0.070000
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