First BanCorp. (FBP) AI Stock Analysis

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico, offering diverse financial services to retail, commercial, and institutional clients. The company conducts business through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. Its commercial operations provide commercial loans, real estate financing, and cash management. Mortgage Banking originates, sells, and services residential mortgages. Consumer Banking delivers auto, credit card, and personal loans, deposit products including checking, savings, and CDs, and finance leasing. Treasury manages liquidity, while United States and Virgin Islands operations supply regional commercial and retail banking services.

First BanCorp. expanded its annual revenue from $882.0M in FY2021 to $1.26B in FY2025, achieving a 5-year revenue CAGR of 10.3% from FY2020 to FY2025. Annual net income grew from $281.0M in FY2021 to $344.9M in FY2025, while EPS increased from $1.40 to $2.15 over the same period. Operating margin stood at 33.2% in FY2025, down from 48.5% in FY2021. For the trailing twelve months ended June 30, 2026, revenue totaled $954.2M with a profit margin of 39.0% and an operating margin of 49.1%. In the quarter ended June 30, 2026, quarterly revenue grew 9.4% year-over-year, and quarterly earnings grew 24.4%.

As of June 30, 2026, First BanCorp. held $559.6M in cash and short-term investments alongside total debt of $200.0M, resulting in net cash of $359.6M. Total assets stood at $19.24B and shareholders' equity was $1.98B, yielding a debt-to-equity ratio of 0.10. In FY2025, operating cash flow was $445.1M and free cash flow reached $434.0M. Capital expenditures were $11.0M, while the company returned capital through $153.7M in share buybacks and $115.5M in dividends paid, contributing to a 5-year share count change of -24.7%.

At a last close of $27.37 on October 16, 2026, First BanCorp. carries a market cap of $4.18B and an enterprise value of $3.79B. The stock trades at a trailing P/E of 11.5x, slightly below the median of 12.1x for its US-listed Financial Services peers. However, its forward P/E of 20.7x is above the peer median of 10.8x, and its price-to-sales of 4.4x sits above the peer median of 3.2x. Over the past year, FBP posted a 1-year return of 39.7%, outperforming the S&P 500 (SPY) return of 16.8%.

First BanCorp. pays a quarterly dividend with an annual forward payout of $0.80 per share, representing a dividend yield of 2.92%. Its payout ratio is 32.9%. The bank has paid consecutive dividends for 9 years and generated a 5-year annualized dividend growth rate of 29.2%. Its last ex-dividend date occurred on August 27, 2026.

Wall Street coverage includes 5 Strong Buy ratings and 2 Hold ratings, with no Buy, Sell, or Strong Sell recommendations. The mean price target is $31.43, representing a 14.8% upside relative to the last close of $27.37. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $2.40 on revenue of $1.09B. For the following fiscal year, 7 analysts project EPS of $2.58 and revenue of $1.13B. The company beat EPS estimates in each of the last 4 quarters, with its next earnings date scheduled for October 22, 2026.

This page is an AI-written research summary of First BanCorp. (FBP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: FBP income statement, FBP balance sheet, FBP key metrics, FBP analyst forecast, FBP chart. See the FBP stock overview for the latest quote and news.