NYSE
FBP

First Bancorp

Banks-Regional
Financial Services

Prices are adjusted according to historical splits.

First Bancorp Stock Price

Vitals

Today's Low:
$13.56
Today's High:
$13.815
Open Price:
$13.59
52W Low:
$10.0583
52W High:
$15.794
Prev. Close:
$13.58
Volume:
891791

Company Statistics

Market Cap.:
$2.23 billion
Book Value:
7.859
Revenue TTM:
$876.24 million
Operating Margin TTM:
48.39%
Gross Profit TTM:
$890.62 million
Profit Margin:
33.46%
Return on Assets TTM:
1.51%
Return on Equity TTM:
18.4%

Company Profile

First Bancorp had its IPO on 1992-02-25 under the ticker symbol FBP.

The company operates in the Financial Services sector and Banks-Regional industry. First Bancorp has a staff strength of 3,133 employees.

Stock update

Shares of First Bancorp opened at $13.59 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $13.56 - $13.82, and closed at $13.78.

This is a +1.47% increase from the previous day's closing price.

A total volume of 891,791 shares were traded at the close of the day’s session.

In the last one week, shares of First Bancorp have slipped by -4.37%.

First Bancorp's Key Ratios

First Bancorp has a market cap of $2.23 billion, indicating a price to book ratio of 2.0265 and a price to sales ratio of 2.6089.

In the last 12-months First Bancorp’s revenue was $876.24 million with a gross profit of $890.62 million and an EBITDA of $0. The EBITDA ratio measures First Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First Bancorp’s operating margin was 48.39% while its return on assets stood at 1.51% with a return of equity of 18.4%.

In Q1, First Bancorp’s quarterly earnings growth was a negative -4.9% while revenue growth was a negative 6.2%.

First Bancorp’s PE and PEG Ratio

Forward PE
0
Trailing PE
7.369
PEG
0.86

Its diluted EPS in the last 12-months stands at $1.68 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0.86. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First Bancorp’s profitability.

First Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.6089.

First Bancorp stock pays annual dividends of $0.5 per share, indicating a yield of 4.84% and a payout ratio of 33.12%.

Balance sheet and cash flow metrics

Total Assets
$18.98 billion
Total Liabilities
$237.81 million
Operating Cash Flow
$50.54 million
Capital Expenditure
$1.69 million
Dividend Payout Ratio
33.12%

First Bancorp ended 2024 with $18.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $18.98 billion while shareholder equity stood at $1.41 billion.

First Bancorp ended 2024 with $0 in deferred long-term liabilities, $237.81 million in other current liabilities, 22366000.00 in common stock, $1.69 billion in retained earnings and $38.61 million in goodwill. Its cash balance stood at $822.84 million and cash and short-term investments were $6.41 billion. The company’s total short-term debt was $0 while long-term debt stood at $1.11 billion.

First Bancorp’s total current assets stands at $7.23 billion while long-term investments were $6.08 billion and short-term investments were $5.59 billion. Its net receivables were $819.32 million compared to accounts payable of $237.81 million and inventory worth $0.

In 2024, First Bancorp's operating cash flow was $50.54 million while its capital expenditure stood at $1.69 million.

Comparatively, First Bancorp paid $0.33 in dividends in 2024.

Other key metrics

Current Trading Price
$13.78
52-Week High
$15.794
52-Week Low
$10.0583
Analyst Target Price
$14.2

First Bancorp stock is currently trading at $13.78 per share. It touched a 52-week high of $15.794 and a 52-week low of $15.794. Analysts tracking the stock have a 12-month average target price of $14.2.

Its 50-day moving average was $13.9 and 200-day moving average was $12.72 The short ratio stood at 2.74 indicating a short percent outstanding of 0%.

Around 202% of the company’s stock are held by insiders while 9807% are held by institutions.

Frequently Asked Questions About First Bancorp

The stock symbol (also called stock or share ticker) of First Bancorp is FBP

The IPO of First Bancorp took place on 1992-02-25

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About

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to consumers and commercial customers. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, as well as other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; acquisition and sale of mortgages in the secondary markets; and purchase of mortgage loans from other local banks and mortgage bankers. The Consumer (Retail) Banking segment provides auto loans, finance leases, boat and personal loans, credit card loans, and lines of credit; and interest-bearing and non-interest-bearing checking and savings accounts, and individual retirement accounts and retail certificates of deposit (CDs), as well as insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans, residential mortgages, home equity loans, lines of credit, FHLB advances, and brokered CDs; and internet banking, cash management, remote deposit capture, and automated clearing house transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

Address

1519 Ponce de Leon Ave., San Juan, PR, United States, 00908-0146