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

Posted by on Jul 4th, 2026

Shares of First BanCorp. (NYSE:FBP – Get Free Report) have earned a consensus recommendation of “Buy” from the seven ratings firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $26.5714.

FBP has been the topic of several analyst reports. Wells Fargo & Company boosted their target price on First BanCorp. from $24.00 to $26.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Weiss Ratings upgraded First BanCorp. from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, June 1st. Truist Financial lifted their price objective on shares of First BanCorp. from $25.00 to $26.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Piper Sandler boosted their price objective on shares of First BanCorp. from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Finally, Raymond James Financial increased their target price on shares of First BanCorp. from $27.00 to $32.00 and gave the company a “strong-buy” rating in a research note on Wednesday.

Check Out Our Latest Analysis on FBP

First BanCorp. Trading Up 0.2%

FBP opened at $26.37 on Friday. The stock has a 50-day moving average of $24.63 and a 200 day moving average of $22.72. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.10. First BanCorp. has a 12 month low of $19.16 and a 12 month high of $26.94. The firm has a market cap of $4.08 billion, a P/E ratio of 11.72, a P/E/G ratio of 1.58 and a beta of 0.82.

First BanCorp. (NYSE:FBP – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The bank reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.05. The business had revenue of $258.64 million for the quarter, compared to the consensus estimate of $263.54 million. First BanCorp. had a return on equity of 17.51% and a net margin of 28.31%.During the same period in the prior year, the business posted $0.47 earnings per share. As a group, research analysts forecast 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 was paid on Friday, June 12th. Investors of record on Thursday, May 28th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.0%. The ex-dividend date was Thursday, May 28th. First BanCorp.’s dividend payout ratio is presently 35.56%.

Institutional Trading of First BanCorp.

Institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System boosted its position in shares of First BanCorp. by 0.4% during the second quarter. California State Teachers Retirement System now owns 151,294 shares of the bank’s stock valued at $3,151,000 after buying an additional 529 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of First BanCorp. by 4.1% in the third quarter. PNC Financial Services Group Inc. now owns 14,217 shares of the bank’s stock worth $313,000 after buying an additional 557 shares during the period. Fifth Third Bancorp raised its holdings in shares of First BanCorp. by 64.9% in the first quarter. Fifth Third Bancorp now owns 1,423 shares of the bank’s stock worth $30,000 after buying an additional 560 shares during the period. Measured Wealth Private Client Group LLC lifted its stake in shares of First BanCorp. by 1.9% during the 1st quarter. Measured Wealth Private Client Group LLC now owns 35,979 shares of the bank’s stock worth $769,000 after acquiring an additional 656 shares during the last quarter. Finally, Baron Wealth Management LLC lifted its stake in shares of First BanCorp. by 7.1% during the 1st quarter. Baron Wealth Management LLC now owns 15,207 shares of the bank’s stock worth $325,000 after acquiring an additional 1,011 shares during the last quarter. Institutional investors own 97.91% of the company’s stock.

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.

Featured Articles

Analyst Recommendations for First BanCorp. (NYSE:FBP)

Receive News & Ratings for First BanCorp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First BanCorp. and related companies with MarketBeat.com's FREE daily email newsletter.