FBP Stock Analysis: First BanCorp. | NYSE
Banks - Regional | NYSE, USA | Market Cap: 4.169m USD | 12M Return: 41.9% | PR3186727065 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 36.5M
EPS Trend: 95.9%
Qual. Beats: 15
Rev. Trend: 98.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
First BanCorp. is the bank holding company for FirstBank Puerto Rico, providing retail and commercial financial services across six operating segments: Mortgage Banking, Consumer (Retail) Banking, Commercial and Corporate Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. Its service offerings span deposit accounts, residential and commercial lending, cash management, auto financing, and insurance agency services.
Founded in 1948 and headquartered in San Juan, Puerto Rico, the company has been listed on the NYSE since 1992. As a regional bank under the GICS classification, First BanCorp. is distinguished by its Caribbean geographic footprint, serving clients primarily in Puerto Rico and the U.S. Virgin Islands, with a separate U.S. mainland operations segment that extends its reach into stateside retail and commercial markets.
- Net interest margin expands on higher rates and asset repricing
- Puerto Rico economic recovery drives loan growth and credit quality improvement
- Florida US Operations expansion accelerates commercial loan and deposit growth
| Net Income: 368.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.15 > 1.0 |
| NWC/Revenue: 39.86% < 20% (prev -976.5%; Δ 1.02k% < -1%) |
| CFO/TA 0.02 > 3% & CFO 455.6m > Net Income 368.1m |
| Net Debt (-237.2m) to EBITDA (477.8m): -0.50 < 3 |
| Current Ratio: 22.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (151.9m) vs 12m ago -4.77% < -2% |
| Gross Margin: 75.50% > 18% (prev 71.30%; Δ 4.20% > 0.5%) |
| Asset Turnover: 6.68% > 50% (prev 6.25%; Δ 0.43% > 0%) |
| Interest Coverage Ratio: 1.88 > 6 (EBIT TTM 457.1m / Interest Expense TTM 243.2m) |
| A: 0.03 (Total Current Assets 536.9m - Total Current Liabilities 23.8m) / Total Assets 19.3b |
| B: 0.13 (Retained Earnings 2.46b / Total Assets 19.3b) |
| C: 0.02 (EBIT TTM 457.1m / Avg Total Assets 19.3b) |
| D: 0.11 (Book Value of Equity 1.88b / Total Liabilities 17.4b) |
| Altman-Z'' = 0.86 = B |
| DSRI: 1.08 (Receivables 75.9m/66.1m, Revenue 1.29b/1.21b) |
| GMI: 0.94 (GM 71.30% / 75.50%) |
| AQI: 1.32 (AQ_t 0.97 / AQ_t-1 0.73) |
| SGI: 1.07 (Revenue 1.29b / 1.21b) |
| TATA: -0.00 (NI 368.1m - CFO 455.6m) / TA 19.3b) |
| Beneish M = -2.78 (Cap -4..+1) = A |
As of October 25, 2026, the stock is trading at USD 27.42 with a total of 2,222,967 shares traded. Over the past week, the price has changed by +0.18%, over one month by +2.74%, over three months by -4.28% and over the past year by +41.91%.
Current recommended Stop Loss: 26.70 (which is 2.6% or 1.4 ATR below the current price).
First BanCorp. has received a consensus analysts rating of 4.43. Therefore, it is recommended to buy FBP.
- StrongBuy: 5
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 31.4 | 14.6% |
P/E Trailing = 11.4748
P/E Forward = 20.7469
P/S = 4.3694
P/B = 2.0612
P/EG = 4.1492
Revenue TTM = 1.29b USD
EBIT TTM = 457.1m USD
EBITDA TTM = 477.8m USD
Long Term Debt = 200.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 23.8m USD (from shortTermDebt, last quarter)
Debt = 223.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -237.2m USD (calculated: Debt 223.8m - CCE 461.0m)
Enterprise Value = 3.93b USD (4.17b + Debt 223.8m - CCE 461.0m)
Interest Coverage Ratio = 1.88 (Ebit TTM 457.1m / Interest Expense TTM 243.2m)
EV/FCF = 8.97x (Enterprise Value 3.93b / FCF TTM 438.4m)
FCF Yield = 11.15% (FCF TTM 438.4m / Enterprise Value 3.93b)
FCF Margin = 34.06% (FCF TTM 438.4m / Revenue TTM 1.29b)
Net Margin = 28.60% (Net Income TTM 368.1m / Revenue TTM 1.29b)
Gross Margin = 75.50% ((Revenue TTM 1.29b - Cost of Revenue TTM 315.4m) / Revenue TTM)
Gross Margin QoQ = 75.96% (prev 76.59%)
Tobins Q-Ratio = 0.20 (Enterprise Value 3.93b / Total Assets 19.3b)
Interest Expense / Debt = 108.7% (Interest Expense 243.2m / Debt 223.8m)
Taxrate = 19.45% (88.9m / 457.1m)
NOPAT = 368.1m (EBIT 457.1m * (1 - 19.45%))
Current Ratio = 22.55 (Total Current Assets 536.9m / Total Current Liabilities 23.8m)
Debt / Equity = 0.12 (Debt 223.8m / totalStockholderEquity, last quarter 1.88b)
Debt / EBITDA = -0.50 (Net Debt -237.2m / EBITDA 477.8m)
Debt / FCF = -0.54 (Net Debt -237.2m / FCF TTM 438.4m)
Total Stockholder Equity = 1.95b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.91% (Net Income 368.1m / Total Assets 19.3b)
RoE = 18.91% (Net Income TTM 368.1m / Total Stockholder Equity 1.95b)
RoCE = 21.29% (EBIT 457.1m / Capital Employed (Equity 1.95b + L.T.Debt 200.0m))
RoIC = 1.92% (NOPAT 368.1m / Invested Capital 19.2b)
WACC = 7.03% (E(4.17b)/V(4.39b) * Re(7.41%) + (debt cost/tax rate unavailable))
Discount Rate = 7.41% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.76 | Cagr: -3.74%
[DCF] Terminal Value 76.30% ; FCFF base≈427.1m ; Y1≈453.3m ; Y5≈536.6m
[DCF] Fair Price = 55.60 (EV 8.25b - Net Debt -237.2m = Equity 8.49b / Shares 152.7m; r=8.35% [WACC [floored]]; 5y FCF grow 6.88% → 2.50% )
EPS Correlation: 95.87 | EPS CAGR: 13.64% | SUE: 1.44 | # QB: 15
Revenue Correlation: 98.42 | Revenue CAGR: 4.43% | SUE: 0.59 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.61 | Chg30d=+0.16% | Revisions=-25% | Analysts=4
EPS current Year (2026-12-31): EPS=2.40 | Chg30d=+0.13% | Revisions=+25% | GrowthEPS=+18.6% | GrowthRev=+8.8%
EPS next Year (2027-12-31): EPS=2.58 | Chg30d=+1.26% | Revisions=+0% | GrowthEPS=+7.5% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: +0% (up=2, down=2)