FIRST BANCORP (FBP)
Financials · Regional Commercial Banking · NYSE
A $19.1 billion regional bank holding company serving Puerto Rico, the US Virgin Islands, and Florida with full-service commercial, consumer, and mortgage banking, auto financing, and insurance services.
What FIRST BANCORP does
First BanCorp is a publicly-owned financial holding company headquartered in Puerto Rico that provides full-service commercial and consumer banking services through FirstBank, its primary subsidiary. The company operates 57 banking branches in Puerto Rico, 8 in the U.S. Virgin Islands and British Virgin Islands, and 8 in Florida, offering mortgage banking, consumer retail banking, commercial banking, automobile financing, insurance agency services, and investment management. As of December 31, 2025, the Corporation had total assets of $19.1 billion, loans of $13.1 billion, deposits of $16.7 billion, and stockholders' equity of $2.0 billion.
Themes: ["Mortgage banking and residential real estate lending","Commercial banking and corporate lending","Consumer retail banking","Regional banking - Puerto Rico and Caribbean","Auto financing","Insurance services"]
Fundamentals
- Price$26.55 as of 2026-07-09 close
- Market cap$4.1B as of 2026-07-10
- 1-year return+22.3% as of 2026-07-09 close
- P/E11.50 as of 2026-07-10
- Net margin+31.7% as of 2026-07-10
- ROE+18.5% as of 2026-07-10
- Debt / equity0.15 as of 2026-07-10
- Revenue growth (YoY)+19.8% as of 2026-07-10
- Revenue CAGR (3y)+8.4% SEC XBRL
- Beta0.82 as of 2026-07-10
Dividend: yield +3.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Interest rate and inflation volatility affecting net interest income, margins, loan originations, and deposit retention","Economic and political uncertainty in Puerto Rico, US, USVI, and BVI affecting loan portfolio performance, real estate markets, and deposit flows","Liquidity and funding risks including deposit runoff, reliance on wholesale funding sources (FHLB advances, brokered CDs, repurchase agreements), and potential forced sales of securities at losses"]
Competitors & peers
- Popular Inc. (BPOP)
- OFG (Oriental Financial Group)
- Banco Latinoamericano de Exportaciones (BLX)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.