First BanCorp. FBP
- Market cap
- $4.1B
- P/E
- 11.3×
Follow FBP
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.06 | 4.48 | 5.02 | 8.30 | 3.50 | 8.88 | 11.94 | 10.18 | 15.15 | 16.40 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 7.05 | 7.02 | 9.68 | 11.94 | 10.67 | 14.91 | 16.62 | 17.15 | 22.40 | 22.61 |
High Price
|
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| 2,701 | 2,553 | 2,643 | 2,674 | 3,317 | 3,075 | 3,133 | 3,168 | 3,113 | 3,218 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 673 | 651 | 707 | 766 | 804 | 916 | 986 | 1,156 | 1,226 | 1,255 |
Revenue
|
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| 84.97% | 85.12% | 85.92% | 85.80% | 88.48% | 92.93% | 93.17% | 80.42% | 76.53% | 79.74% |
Gross Margin
|
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| 130 | 62 | 191 | 239 | 116 | 428 | 448 | 397 | 391 | 417 |
EBT
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| 19.35% | 9.52% | 26.95% | 31.23% | 14.46% | 46.71% | 45.41% | 34.37% | 31.91% | 33.20% |
EBT Margin
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| 93 | 67 | 202 | 167 | 102 | 281 | 305 | 303 | 299 | 345 |
Net Income
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| 23 | 17 | 14 | 16 | 37 | 38 | 27 | 35 | 31 | 18 |
Depreciation
|
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| 3.16 | 3.04 | 3.28 | 3.54 | 3.71 | 4.36 | 5.17 | 6.55 | 7.45 | 7.85 |
Revenue/Sh
|
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| 0.44 | 0.30 | 0.92 | 0.76 | 0.46 | 1.32 | 1.60 | 1.72 | 1.82 | 2.16 |
Earnings/Sh
|
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| 0.94 | 1.10 | 1.34 | 1.36 | 1.37 | 1.90 | 2.31 | 2.06 | 2.46 | 2.80 |
Cash Flow/Sh
|
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| (0.04) | (0.03) | 0.01 | (0.10) | (0.07) | (0.06) | (0.10) | (0.10) | (0.05) | (0.07) |
Capex/Sh
|
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| 0.90 | 1.07 | 1.35 | 1.26 | 1.30 | 1.84 | 2.21 | 1.95 | 2.40 | 2.74 |
Free CF/Sh
|
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| 8.39 | 8.74 | 9.48 | 10.29 | 10.49 | 10.00 | 6.95 | 8.48 | 10.14 | 12.30 |
Book Value/Sh
|
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| 213 | 214 | 216 | 217 | 217 | 210 | 191 | 177 | 165 | 160 |
Shares
|
|||
| 15.65 | 16.35 | 9.45 | 13.75 | 20.04 | 10.44 | 8.04 | 9.52 | 10.27 | 9.60 |
PE Ratio
|
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| 2.13 | 1.67 | 2.62 | 2.99 | 2.49 | 3.16 | 2.49 | 2.50 | 2.50 | 2.64 |
PS Ratio
|
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| 0.82 | 0.59 | 0.92 | 1.05 | 0.89 | 1.38 | 1.85 | 1.93 | 1.83 | 1.69 |
PB Ratio
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| 3.00 | 1.99 | 3.10 | 3.14 | 1.40 | 0.80 | 2.87 | 2.50 | 2.01 | 2.35 |
EV/Sales
|
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| 10.55 | 5.65 | 7.54 | 8.79 | 4.00 | 1.90 | 6.72 | 8.37 | 6.22 | 6.74 |
EV/FCF
|
|||
| 199 | 236 | 288 | 294 | 298 | 400 | 440 | 363 | 404 | 449 |
Op' Cash Flow
|
|||
| (8) | (7) | 3 | (21) | (16) | (13) | (19) | (18) | (9) | (11) |
Capex
|
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| 191 | 229 | 291 | 273 | 282 | 387 | 421 | 345 | 395 | 438 |
FCF
|
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| (174) | (43) | 67 | (48) | (2,889) | (4,868) | (4,595) | (4,078) | (3,313) | (3,253) |
Working Cap'
|
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| 886 | 924 | 924 | 754 | 624 | 384 | 859 | 662 | 562 | 290 |
Total Debt
|
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| 587 | 207 | 338 | 110 | (870) | (2,159) | 378 | (1) | (598) | (369) |
Net Debt
|
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| 1,786 | 1,869 | 2,045 | 2,228 | 2,275 | 2,102 | 1,326 | 1,498 | 1,669 | 1,967 |
Sh' Equity
|
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| 0.76% | 0.53% | 1.62% | 1.33% | 0.63% | 1.40% | 1.55% | 1.61% | 1.56% | 1.79% |
ROA
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| 3.43% | 1.87% | 5.00% | 6.70% | 6.35% | 0.00% | 16.42% | 16.60% | 22.82% | 16.30% |
ROIC
|
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| 5.46% | 3.59% | 10.36% | 7.84% | 4.50% | 12.78% | 17.80% | 21.46% | 18.87% | 18.97% |
ROE
|
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First BanCorp. peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| UCB United Community Banks, Inc. | $4.1B | 11.2× | Compare |
| CATY Cathay General Bancorp | $4.1B | 11.9× | Compare |
| TCBI Texas Capital Bancshares, Inc. | $4.1B | 12.3× | Compare |
| WSFS WSFS Financial Corporation | $4.0B | 13.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CVBF CVB Financial Corporation | $3.9B | 15.5× | Compare |
| IBOC International Bancshares Corporation | $4.3B | 10.5× | Compare |
| FULT Fulton Financial Corporation | $4.4B | 11.1× | Compare |
| INDB Independent Bank Corp. | $3.8B | 14.7× | Compare |
First BanCorp. (FBP) key facts
- First BanCorp. (FBP) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
- First BanCorp.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 2.38% from fiscal 2024.
- Net income was $344.9 million, or $2.16 per share (basic), a net margin of 27.5%.
- As of September 25, 2026, FBP traded at $27.06, a market capitalization of $4.1 billion.
- At that price the stock trades at 11.3× trailing-twelve-month earnings and 3.3× sales.
- First BanCorp. pays an annual dividend of $0.56 per share, a yield of 3.42%, with a payout ratio of 33.1%.
- Return on equity was 19.0% and debt-to-equity 0.10.
First BanCorp. (FBP) Latest News
24 Sep
FBNC has posted a strong multi-year run, prompting questions whether the current price fully reflects returns on its capital. Over 3 years the stock's price return is about 136.9%, raising the issue of capital efficiency. The bank's model turns deposits into earning assets and fee income, so how much value is created per dollar of equity matters. The piece contrasts earnings-based valuation (P/E ~19.4x) with capital-efficiency signals. In its Excess Returns framework, FBNC is assumed to sustain EPS of $5.15 on a book value of $41.49 per share, with an average ROE of 11.03% and a cost of equity of $3.38, yielding excess $1.77 per share. Projecting book value to a stable $46.67, intrinsic value is well above the current $62.22, implying a potential undervaluation. The analysis encourages testing assumptions via narrative and comparisons to 30 high-quality undervalued stocks. Excess Returns framework implies meaningful upside relative to the current price but is contingent on model assumptions.
24 Jul
First BanCorp beat earnings forecasts, recorded lower charge-offs and executed capital returns, drawing positive investor reactions. Earnings beat, reduced charge-offs and capital returns improve financial metrics and near-term sentiment for First BanCorp.
22 Jul
First BanCorp reported Q2 2026 earnings results and outlook during its earnings call, covering financial performance metrics and strategic updates. Q2 earnings call delivers financial results and management guidance that directly shape FBP valuation and investor outlook.
First BanCorp reported robust Q2 2026 growth fueled by strategic initiatives that strengthened operations and market position. Robust growth and strategic initiatives indicate significant positive effects on future performance and investor outlook.
First BanCorp. presented Q2 2026 earnings results and outlook during its earnings call. Earnings call delivers financial metrics and guidance that typically move stock price and investor views.
First BanCorp. released Q2 earnings call highlights detailing financial results, operational metrics, and management commentary on performance and outlook. Q2 earnings highlights deliver updated financial and strategic details likely to produce moderate short-term effects on stock sentiment and valuation.
First BanCorp (FBP) Q2 earnings released with key metrics compared to analyst estimates. Q2 earnings metrics versus estimates directly inform financial performance and near-term investor sentiment.
First BanCorp (FBP) Q2 earnings and revenues exceeded estimates. Earnings beat provides moderate short-term positive signal for FBP stock and sentiment.
First BanCorp. released earnings results for the quarter ended June 30, 2026. Quarterly earnings release supplies updated financial metrics that can shift near-term investor sentiment and valuation.
21 Jul
First Bancorp earnings preview outlines key metrics and factors investors should monitor for FBNC quarterly results and potential market reaction. Earnings preview can moderately sway short-term investor sentiment and valuation but rarely alters long-term company trajectory.
15 Jul
First BanCorp acquires First Carolina Bancshares in a $166 million deal. The $166 million acquisition expands First BanCorp assets and regional presence via major strategic move.
14 Jul
First BanCorp acquires First Carolina Bancshares Corporation to expand its South Carolina presence. Acquisition marks major strategic expansion altering First BanCorp trajectory in new market.
10 Jul
Analysts flag one bank stock for further research and turn down two others amid performance reviews, with First BanCorp (FBP) among those evaluated for investment suitability. Stock recommendations may shift near-term investor interest and sentiment for FBP.
6 Jul
First Bancorp posts Q3 earnings, triggering buy, sell or hold assessments for FBNC stock based on results and outlook. Post-Q3 earnings buy-sell-hold analysis can sway near-term investor sentiment and trading around First Bancorp shares.
16 Jun
First BanCorp. (FBP) shows two factors worth monitoring alongside one cautionary element that could affect its performance. Highlights specific factors that may moderately influence FBP operations and investor view without major trajectory shifts.
5 Jun
First BanCorp (NYSE:FBP) Q1 results benchmarked against other regional bank stocks. Q1 earnings benchmarking versus peers can moderately shift market views on FBP financial trajectory.
22 May
Fidelity Bank PLC reported record growth for full year 2025 during its earnings call. Record growth directly signals stronger financial results and improved investor outlook for FBP.
21 May
First BanCorp (FBP) valuation is reassessed after analyst upgrades and positive market reaction to quarterly earnings. Analyst upgrades after positive quarterly earnings moderately lift First BanCorp valuation and short-term investor sentiment.
23 Apr
First BanCorp. (FBP) Q1 earnings call highlights key financial results, performance metrics, and forward guidance for the quarter. Q1 earnings highlights reveal financial performance and guidance that significantly sway investor sentiment and stock trajectory.
First BanCorp (FBP) reported strong net income growth and strategic initiatives in Q1 2026 earnings call highlights. Strong net income growth and strategic developments positively influence financial performance and investor sentiment.
First BanCorp. (FBP) Q1 results highlight strong deposit growth and net interest margin expansion offsetting weaker loan demand. Deposit growth and NIM gains counter softer loans, moderately influencing financial performance amid balanced outlook.
22 Apr
First BanCorp. (FBP) Q1 2026 earnings call summary covers financial results, operational updates, and future outlook for the banking firm. Q1 2026 earnings summary details financial performance and strategic updates likely to significantly sway investor sentiment and stock trajectory.
First BanCorp (FBP) reported Q1 earnings, with key metrics indicating performance trends and financial health. Q1 earnings reports drive significant shifts in investor sentiment and stock valuation for banks.
First BanCorp (FBP) topped Q1 earnings estimates, reporting stronger-than-expected results. Beating Q1 earnings estimates signals robust financial performance, likely enhancing investor sentiment and stock trajectory.
First BanCorp. (FBP) announced earnings for the quarter ended March 31, 2026. Quarterly earnings announcements drive significant shifts in stock price and investor outlook for First BanCorp.
First BanCorp (NYSE: FBP) reported Q1 CY2026 sales exceeding analyst estimates. Exceeding Q1 sales estimates positively influences financial performance and market sentiment without fundamentally altering long-term trajectory.
21 Apr
First BanCorp (FBP) will report earnings tomorrow, with analysts outlining key expectations for performance metrics, revenue, and future outlook. Upcoming earnings report likely triggers significant stock volatility and shapes investor sentiment on financial health.
15 Apr
First BanCorp (FBP) earnings are expected to grow ahead of next week's release, with analysts forecasting improved financial performance driven by key operational metrics. Expected earnings growth anticipates moderately noticeable influence on financial performance and investor sentiment.
14 Apr
First BanCorp (FBP) Q4 earnings spark debate on whether to buy, sell, or hold the stock, analyzing financial results, growth prospects, and market position. Q4 earnings directly shape First BanCorp's financial trajectory and investor decisions.
10 Feb
First BanCorp. (NYSE: FBP) has announced an increase in its dividend to $0.20 per share. This decision reflects the company's strong financial performance and commitment to returning value to shareholders. The new dividend rate is expected to enhance investor confidence and attract more interest in the stock. The dividend increase indicates financial stability and may positively influence investor sentiment, but its overall impact on the company's long-term trajectory is expected to be limited.