First BanCorp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 5/402 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 24.33.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
First BanCorp's Score
Industry at a Glance
Industry Ranking
5 / 402
Overall Ranking
22 / 4562
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
24.333
Target Price
+20.88%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
First BanCorp Highlights
StrengthsRisks
First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 35.49%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 35.49%.
Undervalued
The company’s latest PB is 1.77, at a low 3-year percentile range.
First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.
Ticker SymbolFBP
CompanyFirst BanCorp
CEOAlman (Aurelio)
Websitehttps://www.1firstbank.com/
FAQs
What is the current price of First BanCorp (FBP)?
The current price of First BanCorp (FBP) is 21.150.
What is the symbol of First BanCorp?
The ticker symbol of First BanCorp is FBP.
What is the 52-week high of First BanCorp?
The 52-week high of First BanCorp is 22.605.
What is the 52-week low of First BanCorp?
The 52-week low of First BanCorp is 16.400.
What is the market capitalization of First BanCorp?
The market capitalization of First BanCorp is 3.37B.
What is the net income of First BanCorp?
The net income of First BanCorp is 298.72M.
Is First BanCorp (FBP) currently rated as Buy, Hold, or Sell?
According to analysts, First BanCorp (FBP) has an overall rating of Buy, with a price target of 24.333.
What is the Earnings Per Share (EPS TTM) of First BanCorp (FBP)?
The Earnings Per Share (EPS TTM) of First BanCorp (FBP) is 2.065.