First BanCorp FBP
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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First BanCorp to Announce 1Q 2024 Results on April 23, 2024
-
FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services
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First BanCorp. Increases Quarterly Cash Dividend on Common Stock to $0.16
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First BanCorp. Announces Earnings for the Quarter and Year Ended December 31, 2023
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Hovde Group cuts bank earnings view across the board amid a 'competitive battle of historic proportions' over deposit funding costs
Trading Information
- Previous Close Price
- $16.29
- Day Range
- $16.27–16.53
- 52-Week Range
- $10.18–17.71
- Bid/Ask
- $14.43 / $26.28
- Market Cap
- $2.74 Bil
- Volume/Avg
- 1.2 Mil / 1.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 9.61
- Price/Sales
- 3.25
- Dividend Yield (Trailing)
- 3.53%
- Dividend Yield (Forward)
- 3.89%
- Total Yield
- 10.95%
Company Profile
First BanCorp is a financial holding company. The company's operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. It generates maximum revenue from the Consumer (Retail) Banking segment. The Consumer (Retail) Banking segment generates majority revenue, which consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centres. Geographically, it derives a majority of revenue from Puerto Rico.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Mid Core
- Total Number of Employees
- 3,168
- Website
- https://www.1firstbank.com
Comparables
Valuation
|
Metric
|
FBP
|
OFG
|
BGFG
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.61 | 8.71 | 11.53 |
Price/Book Value | 1.86 | 1.32 | 2.28 |
Price/Sales | 3.25 | 2.48 | 7.25 |
Price/Cash Flow | 7.14 | 5.39 | 11.09 |
Price/Earnings
FBP
OFG
BGFG
Financial Strength
|
Metric
|
FBP
|
OFG
|
BGFG
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
FBP
|
OFG
|
BGFG
|
|---|---|---|---|
Return on Assets (Normalized) | 1.61% | 1.80% | 3.69% |
Return on Equity (Normalized) | 21.86% | 16.79% | 21.17% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
FBP
OFG
BGFG
Banks - Regional Industry Comparables
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Ticker
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Name
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Morningstar Rating for Stocks
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