First BanCorp. (NYSE:FBP – Get Free Report) is anticipated to post its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.5880 per share and revenue of $274.32 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 10:00 AM ET.
First BanCorp. (NYSE:FBP – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The bank reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.08. First BanCorp. had a return on equity of 18.03% and a net margin of 29.24%. The company had revenue of $264.86 million for the quarter, compared to analyst estimates of $265.31 million. On average, analysts expect First BanCorp. to post $2.40 EPS for the current fiscal year and $2.61 EPS for the next fiscal year.
First BanCorp. Trading Down 0.9%
Shares of FBP opened at $27.13 on Tuesday. First BanCorp. has a 52-week low of $19.16 and a 52-week high of $29.88. The stock has a fifty day moving average price of $27.71 and a two-hundred day moving average price of $26.11. The company has a market cap of $4.14 billion, a price-to-earnings ratio of 11.45, a PEG ratio of 1.04 and a beta of 0.84. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.80 and a current ratio of 0.80.
Analyst Ratings Changes
Several equities research analysts have weighed in on FBP shares. Benchmark increased their target price on shares of First BanCorp. from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Truist Financial lifted their price objective on shares of First BanCorp. from $26.00 to $30.00 and gave the company a “buy” rating in a report on Monday, July 13th. Zacks Research lowered First BanCorp. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 23rd. Keefe, Bruyette & Woods increased their price target on shares of First BanCorp. from $27.00 to $31.00 and gave the company a “market perform” rating in a research note on Thursday, July 23rd. Finally, Raymond James Financial downgraded First BanCorp. from a “strong-buy” rating to a “moderate buy” rating in a research note on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.86.
View Our Latest Research Report on FBP
Insider Transactions at First BanCorp.
In related news, Director Roberto Herencia sold 26,350 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $28.48, for a total value of $750,448.00. Following the transaction, the director directly owned 610,669 shares in the company, valued at approximately $17,391,853.12. This represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Nayda Rivera sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $28.19, for a total transaction of $281,900.00. Following the transaction, the executive vice president directly owned 230,398 shares in the company, valued at approximately $6,494,919.62. This represents a 4.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 46,350 shares of company stock valued at $1,328,248. 1.90% of the stock is currently owned by company insiders.
First BanCorp. Company Profile
First BanCorp. is a bank holding company headquartered in San Juan, Puerto Rico. Its principal subsidiary, FirstBank Puerto Rico, provides a broad range of financial products and services to individuals, businesses and government-related entities. The company’s offerings include consumer and commercial lending, residential mortgages, deposit accounts, cash-management services, credit cards, electronic banking and other financial solutions.
FirstBank serves customers through a network of branches, automated teller machines and digital banking channels.
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