Insider Selling: First BanCorp. (NYSE:FBP) EVP Sells 34,122 Shares of Stock

First BanCorp. (NYSE:FBP) EVP Michael Mcdonald sold 34,122 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $22.11, for a total transaction of $754,437.42. Following the sale, the executive vice president owned 62,937 shares of the company’s stock, valued at approximately $1,391,537.07. This represents a 35.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

First BanCorp. Trading Up 1.1%

Shares of FBP stock traded up $0.25 during mid-day trading on Thursday, reaching $22.13. The company’s stock had a trading volume of 1,993,140 shares, compared to its average volume of 1,494,376. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $3.49 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 1.22 and a beta of 0.88. The company’s 50 day simple moving average is $20.91 and its 200-day simple moving average is $21.10. First BanCorp. has a 12-month low of $16.40 and a 12-month high of $22.60.

First BanCorp. (NYSE:FBP) last released its quarterly earnings results on Tuesday, January 27th. The bank reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. The firm had revenue of $257.17 million during the quarter, compared to analysts’ expectations of $256.18 million. First BanCorp. had a return on equity of 17.33% and a net margin of 27.48%.During the same quarter in the prior year, the business earned $0.46 EPS. On average, research analysts predict that First BanCorp. will post 1.85 EPS for the current fiscal year.

First BanCorp. Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Thursday, February 26th will be issued a $0.20 dividend. This is an increase from First BanCorp.’s previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Thursday, February 26th. First BanCorp.’s dividend payout ratio (DPR) is currently 37.21%.

First BanCorp. News Roundup

Here are the key news stories impacting First BanCorp. this week:

• Positive Sentiment: Truist raised its price target to $25 and maintained a “buy” rating, implying ~13% upside — a clear analyst endorsement that supports further share appreciation. Truist note Benzinga
• Positive Sentiment: Hovde Group raised its target to $26 and kept an “outperform” view (largest upside among recent raises), signaling bullish analyst conviction on earnings and capital returns.
• Positive Sentiment: Keefe, Bruyette & Woods nudged its target to $24.50 (market perform), adding to the momentum of upward revisions from sell‑side firms. KBW note
• Positive Sentiment: Q4 results beat consensus: EPS $0.55 vs. $0.52 expected and revenue slightly above estimates; management highlighted deposit growth, credit stability and strong margins (ROE ~17%). These fundamentals justify the analyst upgrades. Q4 beat
• Positive Sentiment: Management reiterated a capital‑return strategy: record dividend hike and share buybacks (100% earnings return plan), which supports shareholder returns and lifts valuation prospects. Valuation & capital returns
• Neutral Sentiment: Full Q4 2025 earnings‑call transcript and deep‑dive coverage are available for investors who want the detailed management commentary and Q&A; these provide context but are unlikely to move price by themselves. Earnings transcript Deep dive

Institutional Trading of First BanCorp.

Hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC acquired a new position in First BanCorp. in the 2nd quarter valued at approximately $29,000. EverSource Wealth Advisors LLC increased its stake in shares of First BanCorp. by 151.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,873 shares of the bank’s stock worth $39,000 after acquiring an additional 1,129 shares during the last quarter. First Horizon Corp acquired a new position in shares of First BanCorp. in the fourth quarter worth $40,000. Hantz Financial Services Inc. raised its holdings in shares of First BanCorp. by 1,695.8% during the third quarter. Hantz Financial Services Inc. now owns 2,155 shares of the bank’s stock worth $48,000 after acquiring an additional 2,035 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in First BanCorp. by 328.8% during the first quarter. Jones Financial Companies Lllp now owns 2,950 shares of the bank’s stock valued at $57,000 after purchasing an additional 2,262 shares during the last quarter. 97.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FBP has been the subject of a number of research analyst reports. Truist Financial boosted their price target on First BanCorp. from $24.00 to $25.00 and gave the company a “buy” rating in a report on Thursday. UBS Group set a $25.00 price objective on First BanCorp. in a report on Thursday, October 9th. Piper Sandler initiated coverage on shares of First BanCorp. in a research report on Thursday, January 15th. They set a “neutral” rating and a $23.00 price target on the stock. Wells Fargo & Company cut their price objective on First BanCorp. from $25.00 to $23.00 and set an “overweight” rating for the company in a report on Monday, October 27th. Finally, Keefe, Bruyette & Woods increased their target price on shares of First BanCorp. from $24.00 to $24.50 and gave the company a “market perform” rating in a research note on Wednesday. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.42.

First BanCorp. Company Profile

First BanCorp (NYSE: FBP) is a financial holding company headquartered in San Juan, Puerto Rico. Through its principal banking subsidiary, FirstBank Puerto Rico, the company offers a comprehensive range of banking services including commercial and consumer lending, deposit products, cash management solutions and treasury services. It also provides mortgage origination and servicing, equipment leasing, investment management, and insurance agency services.

In its commercial banking segment, First BanCorp serves small and midsize enterprises as well as large corporate clients, delivering tailored credit facilities, letters of credit, and foreign trade financing.