First Bancorp PR Dossier
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SectorFinancials IndustryBanks - Regional Beta (adjusted)0.87 Intrinsic Value $18.74median of 2 methodsbased on filings through 30 Jun 2026 Market Price $26.66Price as of 1 Oct 2026 OvervaluedIntrinsic value is 30% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $4.1B Enterprise Value $3.7B Shares Outstanding 153.2M diluted Next Earnings Date22 Oct 2026 Last ex-dividend27 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary First BanCorp (FBP) continues to demonstrate exceptional operational efficiency and profitability, driven by its dominant retail and commercial banking franchise in Puerto Rico. The bank's Q1 2026 results highlighted a strong Return on Average Assets (ROAA) of 1.89%, marking its 17th consecutive quarter above 1.5%. With a robust Net Interest Margin (NIM) of 4.75% and disciplined expense management yielding an efficiency ratio of 49.1%, FBP is well-positioned to sustain its earnings momentum. Furthermore, the bank's aggressive capital return strategy—evidenced by an 11% dividend increase to $0.20 per share and active share buybacks—provides a highly attractive yield profile for investors. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$30.00 Mean target$31.71 High · most bullish analyst$33.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |