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FBPFirst BanCorp.
$27.46$4.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
FBP logo

First BanCorp.

FBP
NYSE · Regional Banks
$27.46
At close - Sep 21, 4:00 PM EDT - USD
Market Cap$4.19B
P/E12.8x
52W High$29.88
Volume893.93K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Earnings Acceleration Masks Auto Credit Normalization Risk

First BanCorp. is demonstrating accelerating earnings momentum, with EPS growing 24.0% year-over-year to $0.62 in 2026Q2, driven by 6.1% NII growth and a stable 1.2% NIM. The bank's efficiency ratio improved to 39.5%, and capital strength is evident with equit...

GrowthAccelerating
ProfitabilityStrong
ValuationReview
TechnicalsMixed
Explore valuation models
MARKET ACTION

FBP price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

12/12 Beats

EPS beat 12 of last 12 quarters

02

Valuation risk

-16% Peers

P/E is 16% below peer median

03

Market leadership

RS 78 · Avg

Average momentum (RS Rating: 78)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Oct 22

Market performance

Price History →

Trailing total returns as of 9/22/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FBP+34.26%
S&P 500 (^GSPC)+13.22%
1-Year Return
FBP+27.96%
S&P 500 (^GSPC)+15.99%
3-Year Return
FBP+123.94%
S&P 500 (^GSPC)+83.74%
5-Year Return
FBP+155.35%
S&P 500 (^GSPC)+78.90%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
12.8x
Forward P/EExpansion
11.5x
EV/EBITDA100th %ile
8.9x
FCF YieldCash Flow
10.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
12.8x
9.6x
100th· High
EV/EBITDA
8.9x
6.1x
100th· High
Price/FCF
9.7x
7.7x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$22.58-17.8%
Base (Fair)$39.02+41.5%
Bull$59.71+117.4%
$22.58 Bear$39.02 Base$59.71 Bull
Current Market Price: $27.46
Trades at a 29.6% discount to Base DCF ($39.02)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$1B+10.7% YoY
Net income
$345M+15.4% YoY
Free cash flow
$434M+10.1% YoY
Operating margin
33.2%+0.4 pts YoY
ROIC (TTM)13.7%
Avg ROIC 5Y-
ROE (TTM)19%
Piotroski Score9 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate12/12 (100%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 22, 2026
$0.62+14.4%
vs $0.54
$265M-0.2%
vs $265M
Q2 2026
Apr 22, 2026
$0.57+10.9%
vs $0.51
$259M-0.0%
vs $259M
Q1 2026
Jan 27, 2026
$0.55+5.8%
vs $0.52
$257M+0.0%
vs $257M
Q4 2025
Oct 23, 2025
$0.51+4.8%
vs $0.49
$240M-6.2%
vs $256M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Zacks Investment Research·4d ago
FBP or DBSDY: Which Is the Better Value Stock Right Now?

Investors with an interest in Banks - Foreign stocks have likely encountered both First BanCorp (FBP) and DBS Group Holdings Ltd (DBSDY). But which of these two stocks is more attractive to value investors?

Zacks Investment Research·5d ago
First BanCorp (FBP) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First BanCorp (FBP) have what it takes?

Zacks Investment Research·Aug 31, 2026
Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First BanCorp (FBP) have what it takes?

Defense World·Aug 15, 2026
Bank of America Corp DE Acquires 294,888 Shares of First BanCorp. $FBP

Bank of America Corp DE raised its holdings in shares of First BanCorp. (NYSE: FBP) by 22.1% in the undefined quarter, according to its most recent 13F filing with the SEC. The fund owned 1,630,778 shares of the bank's stock after acquiring an additional 294,888 shares during the period. Bank of America Corp

Filtered for First BanCorp.More Headlines
04

Compare before deciding

Benchmark FBP against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for First BanCorp. (FBP)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FBP logoFBPFirst BanCorp.Current
$27.46$4.19B12.7710.75%27.45%18.97%2.62%
OFG logoOFGOFG Bancorp
$52.24$2.21B11.634.42%24.43%15.92%—
BPOP logoBPOPPopular, Inc.
$162.58$10.49B13.2213.87%21.53%15.44%—
NBTB logoNBTBNBT Bancorp Inc.
$51.22$2.66B15.3814.54%22.65%11.26%—
HBAN logoHBANHuntington Bancshares Incorporated
$16.04$32.41B11.5410.58%16.64%8.57%—
CFG logoCFGCitizens Financial Group, Inc.
$67.36$28.49B17.45-5.85%17.51%7.63%—

Compare FBP vs Peers

First BanCorp. (FBP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs OFG

Most directly comparable listed peer for FBP.

Scale Benchmark

vs V

Larger-name benchmark to compare FBP against a more recognizable public peer.

Peer Set

Compare Top 5

vs OFG, BPOP, NBTB, HBAN

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FBP SEC Filings & Documents

First BanCorp. (FBP) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 22, 2026·SEC

Material company update

May 12, 2026·SEC

Material company update

Apr 22, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 7, 2026·SEC

FY 2026

May 8, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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FBP Frequently Asked Questions

First BanCorp. (FBP) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is First BanCorp. growing?

First BanCorp. (FBP) grew revenue by 10.7% over the past year. This is steady growth.

Is FBP profitable?

Yes, First BanCorp. (FBP) is profitable, generating $372.6M in net income for fiscal year 2025 (27.4% net margin).

Dividend & Returns
Does FBP pay dividends?

Yes, First BanCorp. (FBP) pays a dividend with a yield of 2.62%. This makes it attractive for income-focused investors.

What is FBP's return on equity?

First BanCorp. (FBP) has a return on equity (ROE) of 19.0%. This is reasonable for most industries.

Industry Metrics
What is First BanCorp.'s net interest margin?

First BanCorp. (FBP) has a net interest margin (NIM) of 4.5%. This indicates healthy earnings from lending activities.

What is First BanCorp.'s efficiency ratio?

First BanCorp. (FBP) has an efficiency ratio of 39.8%. This is excellent, indicating strong cost control.

What if you invested $1,000 in FBP back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →