First BanCorp (FBP)
Provides commercial, consumer, auto, and mortgage banking across Puerto Rico, Florida, and the Virgin Islands.
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Operates FirstBank Puerto Rico across Puerto Rico, southern Florida, and the U.S. and British Virgin Islands, earning mainly from deposit-funded commercial, consumer, auto, and mortgage lending plus card, transaction, and insurance fees. Most loan exposure remains in Puerto Rico, linking results closely to the island’s credit and deposit conditions.
Operates FirstBank Puerto Rico and FirstBank Insurance Agency across Puerto Rico, southern Florida, and the U.S. and British Virgin Islands. Six reporting segments cover Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations.
Builds the franchise around deposits and lending relationships spanning commercial and real estate credit, auto and personal loans, residential mortgages, cards, cash management, and insurance agency services. Branch and digital channels gather deposits, while net interest income provides the core earnings stream and transaction, card, mortgage, and other fees add noninterest revenue.
Most loan exposure remains in Puerto Rico, with smaller books centered on southern Florida and the Virgin Islands. Results depend on local credit quality, customer deposits, wholesale funding access, and compliance with U.S., Puerto Rico, Florida, and Virgin Islands banking rules.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 10, 2026 | Wells Fargo | Reiterate | Rating: —Target: $28 | Target: $33 |
| Jul 14, 2026 | Benchmark | Initiate | Rating: — | |
| Jul 13, 2026 | Truist Financial | Target | Target: $26 | Target: $30 |
| Jul 6, 2026 | Wells Fargo | Reiterate | Rating: —Target: $23 | Target: $28 |
| Jul 1, 2026 | Raymond James | Reiterate | Rating: —Target: — | Target: $32 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $559.6M · Total debt $200.0M · Total assets $19.24B · Shareholders' equity $1.98B
- Revenue
- $324.3M
- Operating income
- $120.2M
- Net income
- $96.2M
HistoryDividendAnnual yield
| Institutions | 98.13% | 149.82M shares | |
|---|---|---|---|
| 310 holders · as of Jun 30, 2026 | |||
| Insiders | 1.72% | 2.62M shares | |
| 20 holders · as of Sep 4, 2026 | |||
| Other | 0.15% | 230.8K shares | |
| remainder | |||
152.67M company shares as of Aug 31, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.90% | 22.76M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 8.09% | 12.35M | as of Jun 30, 2026 |
American Century Investment Management, Inc.Institution | 7.53% | 11.49M | filed Feb 8, 2023 |
State Street CorpInstitution | 5.90% | 9.00M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 5.19% | 7.92M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 2, 2026 | Roberto R. Herencia | director | −26,350 | $28.48 |
| Aug 26, 2026 | Nayda Rivera | officer: EVP, CCO and Chief of Staff | −10,000 | $28.19 |
| Aug 17, 2026 | Nayda Rivera | officer: EVP, CCO and Chief of Staff | −10,000 | $29.59 |
| Jun 5, 2026 | Lilian Diaz-Bento | officer: EVP | −8,000 | $24.33 |
| Feb 11, 2026 | Roberto R. Herencia | director | −4,723 | $22.63 |
- Popular
Largest Puerto Rico bank across retail, mortgage, commercial, and auto
- OFG Bancorp
Direct Puerto Rico and USVI overlap in loans, deposits, and wealth
- BankUnited
South Florida commercial-bank overlap in deposits and lending
- Amerant Bancorp
South Florida relationship-bank overlap in deposits, credit, and wealth
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| First BanCorp | $26.91 | 0.00% | $4.19B | 11.6 | 11.0 | 3.3 | +755.8% |
| Popular | $161.35 | +0.71% | $10.38B | 11.0 | 9.8 | 2.3 | +14.7% |
| OFG Bancorp | $51.70 | +0.04% | $2.21B | 10.5 | 10.5 | 2.4 | +13.3% |
| BankUnited | $43.78 | −0.07% | $3.23B | 12.5 | 10.3 | 1.7 | +3.9% |
| Amerant Bancorp | $29.19 | −0.07% | $1.16B | 21.3 | 11.6 | 2.0 | −7.2% |
| Median | 11.7 | 10.4 | 2.2 | +8.6% |