First BanCorp. (FBP) Projected to Post Quarterly Earnings on Wednesday

Posted by Stanley Muller on Jul 15th, 2026

First BanCorp. (NYSE:FBP – Get Free Report) is expected to be announcing its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.54 per share and revenue of $264.1260 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 10:00 AM ET.

First BanCorp. (NYSE:FBP – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The bank reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.05. The company had revenue of $258.64 million during 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 quarter in the prior year, the firm earned $0.47 EPS. On average, analysts expect First BanCorp. to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First BanCorp. Stock Performance

FBP opened at $26.73 on Wednesday. The firm has a market cap of $4.13 billion, a PE ratio of 11.88, a P/E/G ratio of 1.68 and a beta of 0.82. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.10. The business has a fifty day simple moving average of $24.97 and a 200-day simple moving average of $22.97. First BanCorp. has a fifty-two week low of $19.16 and a fifty-two week high of $26.94.

First BanCorp. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders 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 payout ratio is presently 35.56%.

Analysts Set New Price Targets

Several brokerages have commented on FBP. Benchmark initiated coverage on shares of First BanCorp. in a report on Tuesday. They issued a “buy” rating for the company. Truist Financial upped their price target on shares of First BanCorp. from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Monday. Weiss Ratings upgraded shares of First BanCorp. from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, June 1st. Wells Fargo & Company boosted their target price on shares of First BanCorp. from $26.00 to $28.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, Keefe, Bruyette & Woods increased their target price on First BanCorp. from $24.50 to $26.00 and gave the company a “market perform” rating in a report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, First BanCorp. has an average rating of “Buy” and an average target price of $27.43.

Check Out Our Latest Report on FBP

Hedge Funds Weigh In On First BanCorp.

Hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its holdings in 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 buying an additional 1,129 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of First BanCorp. by 328.8% during the 1st 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 in the last quarter. State of Wyoming bought a new position in shares of First BanCorp. during the 4th quarter valued at $64,000. Cresset Asset Management LLC acquired a new stake in shares of First BanCorp. in the 3rd quarter valued at $210,000. Finally, Cerity Partners LLC acquired a new stake in shares of First BanCorp. in the 2nd quarter valued at $211,000. 97.91% of the stock is owned by institutional investors and hedge funds.

First BanCorp. Company Profile

(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.