Brokerages Set First BanCorp. (NYSE:FBP) PT at $25.86

Posted by Brenda Bartman on May 13th, 2026

First BanCorp. (NYSE:FBP – Get Free Report) has been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $25.8571.

Several equities research analysts recently weighed in on FBP shares. Weiss Ratings reiterated a “buy (b)” rating on shares of First BanCorp. in a research note on Tuesday, April 21st. Raymond James Financial raised First BanCorp. from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $26.00 to $27.00 in a report on Monday, April 27th. Keefe, Bruyette & Woods raised their price target on First BanCorp. from $24.50 to $26.00 and gave the stock a “market perform” rating in a report on Thursday, April 23rd. Piper Sandler boosted their price objective on First BanCorp. from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Finally, Truist Financial upped their price objective on First BanCorp. from $25.00 to $26.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd.

View Our Latest Analysis on First BanCorp.

Institutional Trading of First BanCorp.

A number of large investors have recently modified their holdings of the company. Principal Financial Group Inc. grew its position in First BanCorp. by 14.4% in the 3rd quarter. Principal Financial Group Inc. now owns 910,845 shares of the bank’s stock worth $20,084,000 after purchasing an additional 114,931 shares during the last quarter. Citigroup Inc. raised its holdings in shares of First BanCorp. by 48.3% during the third quarter. Citigroup Inc. now owns 402,890 shares of the bank’s stock valued at $8,884,000 after buying an additional 131,293 shares during the last quarter. Bayforest Capital Ltd raised its holdings in shares of First BanCorp. by 191.9% during the third quarter. Bayforest Capital Ltd now owns 40,723 shares of the bank’s stock valued at $898,000 after buying an additional 26,772 shares during the last quarter. Public Sector Pension Investment Board boosted its position in shares of First BanCorp. by 11.7% during the third quarter. Public Sector Pension Investment Board now owns 697,827 shares of the bank’s stock worth $15,387,000 after buying an additional 73,168 shares during the period. Finally, Quent Capital LLC bought a new position in First BanCorp. in the 4th quarter worth approximately $1,874,000. Institutional investors and hedge funds own 97.91% of the company’s stock.

First BanCorp. Stock Down 1.5%

FBP stock opened at $23.37 on Friday. The firm has a market cap of $3.61 billion, a price-to-earnings ratio of 10.39, a PEG ratio of 1.42 and a beta of 0.84. First BanCorp. has a 1-year low of $19.16 and a 1-year high of $24.57. The firm has a fifty day moving average price of $22.17 and a two-hundred day moving average price of $21.45. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.80 and a quick ratio of 0.80.

First BanCorp. (NYSE:FBP – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The bank reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. First BanCorp. had a net margin of 28.31% and a return on equity of 17.51%. The company had revenue of $258.64 million for the quarter, compared to the consensus estimate of $263.54 million. During the same period last year, the firm posted $0.47 EPS. Research analysts predict that First BanCorp. will post 2.25 EPS for the current year.

First BanCorp. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Thursday, May 28th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $0.80 annualized dividend and a dividend yield of 3.4%. First BanCorp.’s payout ratio is 35.56%.

About First BanCorp.

(Get Free Report)

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.