Zacks Investment Research·Jun 25, 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?
First BanCorp.(FBP)Earnings, Financials & Key Ratios
FBP•NYSE•Banking & Credit
$26.32
12.2× P/E·Price updated Jul 7, 2026
AboutFirst BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. 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 and floor plan financings; and 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, boat, credit card, and personal loans; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); and finance leasing and 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; and internet banking, cash management, remote deposit capture, and automated clearing house, and transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. The company operates 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.Show more
- Net Interest Income$869M+7.6%
- Total Revenue$1.26B+5.3%
- Net Income$345M+15.4%
- Return on Equity18.97%+0.5%
- Net Interest Margin4.54%+8.5%
- Efficiency Ratio39.76%+4.8%
- ROA1.8%+14.8%
- Equity / Assets10.28%+18.8%
- Book Value per Share12.24+21.2%
FBP Price & Volume
First BanCorp. (FBP) stock price & volume — 10-year historical chart
Loading chart...
Stable Net Interest Income Drives Capital Returns
Investment Thesis • Updated 2026Q1
VerdictPositive
Growth:Expanding
Profitability:Strong
Financial:Fortress
Cash Flow:Robust
Primary Risk:Regional Economic Concentration Risk
Key Thesis Takeaways
- First BanCorp demonstrates a resilient earnings profile supported by consistent net interest income growth, which reached $221.0 million in 2026Q1.
- While the bank maintains a fortress-like balance sheet with an equity-to-assets ratio of 0.10, investors should monitor the heavy concentration of investment securities, which comprise 93% of total assets.
- The firm's disciplined capital allocation, evidenced by $54.6 million in share buybacks during 2026Q1, suggests a commitment to shareholder value despite potential macroeconomic sensitivity in its regional loan portfolios.
Verdict Logic
the bank's attractive 2.7% dividend yield and low 0.34 PEG ratio suggest that the current valuation of $26.36 per share may undervalue its consistent earnings power.
FBP Growth Metrics
First BanCorp. (FBP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years7.54%
5 Years10.29%
3 Years9.62%
TTM-
Profit CAGR
10 Years32.11%
5 Years27.52%
3 Years4.17%
TTM17.95%
EPS CAGR
10 Years35.91%
5 Years36.12%
3 Years10.58%
TTM22.28%
Return on Capital
10 Years10.38%
5 Years15.41%
3 Years13.28%
Last Year3.89%
FBP Recent Earnings
First BanCorp. (FBP) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 22, 2026Metric
Actual
Est
EPS
$0.57+9.6%
$0.52
Rev
$259M-0.0%
$259M
Q1 2026
Jan 27, 2026Metric
Actual
Est
EPS
$0.55+5.8%
$0.52
Rev
$257M+0.0%
$257M
Q4 2025
Oct 23, 2025Metric
Actual
Est
EPS
$0.51+4.8%
$0.49
Rev
$240M-6.2%
$256M
Q3 2025
Jul 22, 2025Metric
Actual
Est
EPS
$0.50+6.4%
$0.47
Rev
$31M-88.0%
$259M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.57vs $0.52+9.6% | $259Mvs $259M-0.0% |
| Q1 2026 | Jan 27, 2026 | $0.55vs $0.52+5.8% | $257Mvs $257M+0.0% |
| Q4 2025 | Oct 23, 2025 | $0.51vs $0.49+4.8% | $240Mvs $256M-6.2% |
| Q3 2025 | Jul 22, 2025 | $0.50vs $0.47+6.4% | $31Mvs $259M-88.0% |
Based on last 12 quarters of dataView full earnings history →
Latest FBP News
Recent stock market news and headlines for First BanCorp. (FBP)
GuruFocus·Jun 22, 2026
First BanCorp to Announce 2Q 2026 Results on July 22, 2026First BanCorp (the âCorporationâ) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial
Business Wire·Jun 22, 2026
First BanCorp to Announce 2Q 2026 Results on July 22, 2026SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the second quarter ended June 30, 2026, before the market opens on July 22, 2026. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00am Eastern Time on Wednesday, July 22, 2026. The call and webcast will be broadcast live over the internet and.
Zacks Investment Research·Jun 17, 2026
What Makes First BanCorp (FBP) a Strong Momentum Stock: Buy Now?Does First BanCorp (FBP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Peers Comparison
Key metrics vs top competitors for First BanCorp. (FBP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $26.32 | $4.07B | 12.24 | 5.35% | 27.45% | 18.97% | 2.73% | |
| $49.87 | $2.11B | 11.11 | 4.84% | 24.2% | 15.62% | — | |
| $167.96 | $10.84B | 13.66 | 5.7% | 20.43% | 14.64% | — | |
| $49.63 | $2.58B | 14.90 | 10.36% | 19.66% | 9.83% | — | |
| $18.01 | $36.51B | 12.96 | 4.38% | 16.63% | 8.81% | — | |
| $71.78 | $30.35B | 18.60 | -9.71% | 17.51% | 7.63% | — |
Compare FBP vs Peers
First BanCorp. (FBP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FBP SEC Filings & Documents
First BanCorp. (FBP) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 12, 2026·SEC
Material company update
Apr 22, 2026·SEC
Material company update
Feb 9, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
6Get notified when FBP posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
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 5.3% over the past year. This is steady growth.
Is FBP profitable?
Yes, First BanCorp. (FBP) is profitable, generating $356.6M 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 2.73%. 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.