First Bancorp P R Stock Price, News & Analysis

KBRA assigned ratings to First BanCorp (NASDAQ: FBP) and its banking unit on Dec 1, 2025. Long-term ratings for the holding company were set at BBB (senior unsecured), BBB- (subordinated) and short-term K3; FirstBank Puerto Rico received BBB+ (deposit & senior unsecured), BBB (subordinated) and short-term K2. The Outlook for all long-term ratings is Stable.

KBRA cited FBP's granular low-cost deposit base, resilient net interest margin, durable capitalization (CET1 ~16%-17% since 2020), fee mix of 12%-15%, declining nonperforming assets, and manageable net charge-off normalization to 50-75 bps. Ratings are modestly constrained by Puerto Rico's economic and natural-disaster risks and potential capital deployment for mainland expansion.

First BanCorp (NYSE:FBP) reported Q3 2025 net income $100.5M or $0.63 diluted EPS, up from $80.2M ($0.50) in Q2 2025 and $73.7M ($0.45) in Q3 2024. Net interest income was $217.9M and net interest margin rose to 4.57%. Total loans exceeded $13.1B, up $181M quarter-over-quarter. Core deposits grew to $12.8B and available liquidity reached 18.10% of assets. The board authorized a new $200M buyback and the company repurchased $50M this quarter. Capital ratios remained strong with CET1 at 16.67%. Results included one-time $16.6M valuation allowance reversal and a $2.3M ERC payroll tax benefit.

First BanCorp (NYSE: FBP) announced Board-approved capital actions on October 22, 2025: a quarterly cash dividend of $0.18 per share payable December 12, 2025 to shareholders of record on November 28, 2025, and a new stock repurchase program of up to $200 million expected to run through the end of Q4 2026. This $200 million authorization is in addition to approximately $38 million remaining under the July 22, 2024 repurchase program. Repurchases may use open market purchases, accelerated share repurchases, privately negotiated transactions or Rule 10b5-1 plans and may be modified or suspended at the corporation’s discretion.

First BanCorp (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, has scheduled its Q3 2025 earnings release for October 23, 2025, before market open.

The company will host a conference call and webcast at 10:00 AM ET on the same day to discuss the results. Investors can access the presentation through the company's website at fbpinvestor.com or via telephone at 833-470-1428 or 646-844-6383 using access code 304501.

A replay will be available until November 22, 2025 through telephone (866-813-9403, code: 909621) and on the company's website until October 23, 2026.

First BanCorp (NYSE:FBP) reported strong Q2 2025 financial results with net income of $80.2 million, or $0.50 per diluted share, up from $77.1 million ($0.47/share) in Q1 2025 and $75.8 million ($0.46/share) in Q2 2024.

Key highlights include: record net interest income of $215.9 million, a net interest margin of 4.56%, and an efficiency ratio of 49.97%. The bank achieved core loan growth of 6% quarter-over-quarter annualized, driven by commercial loan production in Puerto Rico and Florida. Total loan originations reached $1.3 billion, representing a 5% year-over-year increase.

The bank maintained strong capital ratios with estimated total capital at 17.87% and CET1 at 16.61%. FBP returned capital to shareholders through $29.0 million in dividends and $28.2 million in stock repurchases, while also redeeming $11.1 million of junior subordinated debentures.

First BanCorp (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, has announced a quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend will be paid on September 12, 2025, to shareholders of record as of August 28, 2025.

First BanCorp (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, has scheduled its second quarter 2025 financial results announcement for July 22, 2025, before market opening. The company will host a conference call and live webcast at 10:00am Eastern Time on the same day to discuss the results. Investors can access the webcast through fbpinvestor.com and are advised to join 15 minutes early for software setup. A dial-in option is available at 833-470-1428 or 404-975-4839 with participant code 731851. The session will include a Q&A segment for research analysts and institutional investors. A telephone replay will be available until August 21, 2025 (866-813-9403, code 506250), and the webcast recording will be archived on the company's website until July 22, 2026.

First BanCorp (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, has announced a quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend will be paid on June 13, 2025 to shareholders of record as of the close of business on May 29, 2025.

First BanCorp (NYSE: FBP) reported net income of $77.1 million, or $0.47 per diluted share, for Q1 2025, compared to $75.7 million ($0.46/share) in Q4 2024 and $73.5 million ($0.44/share) in Q1 2024.

Key highlights include:

• Net interest income increased to $212.4 million from $209.3 million in Q4 2024
• Net interest margin expanded to 4.52% from 4.33%
• Core customer deposits grew by $29 million
• Efficiency ratio improved to 49.58% from 51.57%
• Total loans decreased by $71.7 million to $12.7 billion

The bank redeemed $50.6 million of junior subordinated debentures, repurchased $21.8 million in common stock, and declared $29.6 million in common stock dividends. Capital ratios remained strong with CET1 at 16.62% and total capital ratio at 17.96%.