FBPFirst Bancorp PR
FBP
First Bancorp PR675
Mkt Cap
$3.79BVolume
1.96M52W High
$24.3652W Low
$19.16PE Ratio
10.43FBP Fundamentals
Price
$23.41Prev Close
$24.33Open
$24.3150D MA
$21.82Beta
0.97Avg. Volume
1.7MEPS (Annual)
$2.15P/B
1.84Rev/Employee
$390,473.28$3,039.34
Poll
Earnings Recap
First BanCorp reported net income of $88.8M, or $0.57 per diluted share, for Q1 2026, with net interest margin increasing to 4.75% and return on average assets at 1.89%.
Bullish
First BanCorp reported strong Q1 2026 net income and diluted EPS, with improved return on average assets. The company improved asset quality, reducing non-performing assets and early-stage delinquencies while maintaining robust capital and liquidity ratios.
Bearish
First BanCorp experienced a $38.2M decrease in total loans and a $143M drop in originations. Cash and cash equivalents declined by $107.7M, while geopolitical uncertainty necessitated higher qualitative reserves for credit losses.