(FBP) First Bancorp - Ratings and Ratios
Mortgages, Consumer Loans, Commercial Loans, Deposits, Treasury
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 30.8% |
| Value at Risk 5%th | 45.7% |
| Relative Tail Risk | -9.80% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.15 |
| Alpha | -17.66 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.499 |
| Beta | 0.915 |
| Beta Downside | 0.935 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.82% |
| Mean DD | 8.58% |
| Median DD | 6.87% |
Description: FBP First Bancorp November 09, 2025
First Bancorp (NYSE:FBP) is the holding company for FirstBank Puerto Rico, delivering a full suite of banking services to retail and commercial customers across six operating segments: Mortgage Banking, Consumer (Retail) Banking, Commercial & Corporate Banking, Treasury & Investments, United States Operations, and Virgin Islands Operations. The Mortgage Banking unit originates, sells, and services residential mortgages while also managing hedging and loan-purchase activities. The Consumer Banking arm offers auto financing, personal loans, credit cards, and deposit products, whereas Commercial & Corporate Banking focuses on real-estate, construction, and cash-management solutions for businesses. Treasury & Investments runs a fund-management business, and the U.S. and Virgin Islands segments provide a mix of deposit-taking, loan, and digital banking services, complemented by insurance agency offerings.
Key performance indicators from the most recent quarterly filing (Q2 2024) show a net interest margin of roughly 3.2%-slightly above the regional-bank average of 2.9%-and a loan-to-deposit ratio of 78%, indicating a conservative balance-sheet stance. Loan growth in Puerto Rico has been modest (~2% YoY), reflecting the island’s slower GDP recovery post-hurricane season, while U.S. mainland operations have posted double-digit loan growth driven by higher Fed rates that boost net interest income but also pressure credit quality. A sector-wide driver to watch is the Federal Reserve’s policy trajectory; a further rate hike could enhance FBP’s interest-earning assets but may also increase delinquency risk in its consumer portfolio.
If you want a deeper, data-driven view of First Bancorp’s valuation dynamics, a quick look at ValueRay’s analyst-grade models can help surface the most material assumptions and scenario outcomes.
FBP Stock Overview
| Market Cap in USD | 3,135m |
| Sub-Industry | Regional Banks |
| IPO / Inception | 1992-02-25 |
| Return 12m vs S&P 500 | -15.5% |
| Analyst Rating | 4.33 of 5 |
FBP Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 4.52% |
| Yield on Cost 5y | 12.74% |
| Yield CAGR 5y | 33.75% |
| Payout Consistency | 59.6% |
| Payout Ratio | 35.0% |
FBP Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 12.96% |
| CAGR/Max DD Calmar Ratio | 0.43 |
| CAGR/Mean DD Pain Ratio | 1.51 |
| Current Volume | 1041k |
| Average Volume | 1277.2k |
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (333.5m TTM) > 0 and > 6% of Revenue (6% = 56.0m TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA 0.14pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -1187 % (prev -928.1%; Δ -258.4pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.02 (>3.0%) and CFO 418.4m > Net Income 333.5m (YES >=105%, WARN >=100%) |
| Net Debt (290.0m) to EBITDA (417.0m) ratio: 0.70 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.34 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (159.6m) change vs 12m ago -3.61% (target <= -2.0% for YES) |
| Gross Margin 71.70% (prev 70.65%; Δ 1.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 4.89% (prev 6.23%; Δ -1.34pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.12 (EBITDA TTM 417.0m / Interest Expense TTM 262.3m) >= 6 (WARN >= 3) |
Altman Z'' -3.17
| (A) -0.57 = (Total Current Assets 5.80b - Total Current Liabilities 16.87b) / Total Assets 19.32b |
| (B) 0.11 = Retained Earnings (Balance) 2.21b / Total Assets 19.32b |
| (C) 0.02 = EBIT TTM 293.7m / Avg Total Assets 19.09b |
| (D) 0.11 = Book Value of Equity 1.84b / Total Liabilities 17.40b |
| Total Rating: -3.17 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 62.67
| 1. Piotroski 5.0pt = 0.0 |
| 2. FCF Yield -17.84% = -5.0 |
| 3. FCF Margin 43.95% = 7.50 |
| 4. Debt/Equity 0.15 = 2.49 |
| 5. Debt/Ebitda 0.70 = 2.14 |
| 6. ROIC - WACC (= 2.43)% = 3.03 |
| 7. RoE 18.49% = 1.54 |
| 8. Rev. Trend -40.66% = -3.05 |
| 9. EPS Trend 80.47% = 4.02 |
What is the price of FBP shares?
Over the past week, the price has changed by -4.28%, over one month by -5.44%, over three months by -7.90% and over the past year by -3.25%.
Is FBP a buy, sell or hold?
- Strong Buy: 3
- Buy: 2
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the FBP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 24.3 | 25% |
| Analysts Target Price | 24.3 | 25% |
| ValueRay Target Price | 21.2 | 8.9% |
FBP Fundamental Data Overview November 06, 2025
P/E Trailing = 9.6098
P/S = 3.4725
P/B = 1.8886
P/EG = 0.86
Beta = 0.907
Revenue TTM = 933.4m USD
EBIT TTM = 293.7m USD
EBITDA TTM = 417.0m USD
Long Term Debt = 561.7m USD (from longTermDebt, last fiscal year)
Short Term Debt = 120.0m USD (from shortTermDebt, two quarters ago)
Debt = 290.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 290.0m USD (from netDebt column, last quarter)
Enterprise Value = -2.30b USD (3.13b + Debt 290.0m - CCE 5.72b)
Interest Coverage Ratio = 1.12 (Ebit TTM 293.7m / Interest Expense TTM 262.3m)
FCF Yield = -17.84% (FCF TTM 410.2m / Enterprise Value -2.30b)
FCF Margin = 43.95% (FCF TTM 410.2m / Revenue TTM 933.4m)
Net Margin = 35.73% (Net Income TTM 333.5m / Revenue TTM 933.4m)
Gross Margin = 71.70% ((Revenue TTM 933.4m - Cost of Revenue TTM 264.1m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 72.52%)
Tobins Q-Ratio = -0.12 (set to none) (Enterprise Value -2.30b / Total Assets 19.32b)
Interest Expense / Debt = 22.35% (Interest Expense 64.8m / Debt 290.0m)
Taxrate = 5.36% (5.70m / 106.2m)
NOPAT = 277.9m (EBIT 293.7m * (1 - 5.36%))
Current Ratio = 0.34 (Total Current Assets 5.80b / Total Current Liabilities 16.87b)
Debt / Equity = 0.15 (Debt 290.0m / totalStockholderEquity, last quarter 1.92b)
Debt / EBITDA = 0.70 (Net Debt 290.0m / EBITDA 417.0m)
Debt / FCF = 0.71 (Net Debt 290.0m / FCF TTM 410.2m)
Total Stockholder Equity = 1.80b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.73% (Net Income 333.5m / Total Assets 19.32b)
RoE = 18.49% (Net Income TTM 333.5m / Total Stockholder Equity 1.80b)
RoCE = 12.42% (EBIT 293.7m / Capital Employed (Equity 1.80b + L.T.Debt 561.7m))
RoIC = 12.81% (NOPAT 277.9m / Invested Capital 2.17b)
WACC = 10.39% (E(3.13b)/V(3.42b) * Re(9.39%) + D(290.0m)/V(3.42b) * Rd(22.35%) * (1-Tc(0.05)))
Discount Rate = 9.39% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.50%
[DCF Debug] Terminal Value 74.02% ; FCFE base≈395.6m ; Y1≈407.6m ; Y5≈459.2m
Fair Price DCF = 40.11 (DCF Value 6.38b / Shares Outstanding 159.1m; 5y FCF grow 3.05% → 3.0% )
EPS Correlation: 80.47 | EPS CAGR: 17.96% | SUE: 4.0 | # QB: 11
Revenue Correlation: -40.66 | Revenue CAGR: -52.81% | SUE: -2.53 | # QB: 0
Additional Sources for FBP Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle