First BanCorp. (FBP) Projected to Announce Earnings on Wednesday

First BanCorp. (NYSE:FBP) is anticipated to release its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect the company to post earnings of $0.54 per share and revenue of $265.3050 million for the quarter. Interested persons may visit the 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) last issued its quarterly earnings results on Thursday, April 23rd. The bank reported $0.57 EPS for the quarter, topping the consensus estimate of $0.52 by $0.05. The business had revenue of $258.64 million for the quarter, compared to analysts’ expectations of $263.54 million. First BanCorp. had a net margin of 28.31% and a return on equity of 17.51%. During the same quarter last year, the company posted $0.47 earnings per share. 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 Up 0.1%

NYSE:FBP opened at $27.46 on Tuesday. The company has a market capitalization of $4.25 billion, a price-to-earnings ratio of 12.20, a price-to-earnings-growth ratio of 1.73 and a beta of 0.82. First BanCorp. has a one year low of $19.16 and a one year high of $27.89. The stock has a 50-day simple moving average of $25.24 and a 200 day simple moving average of $23.15. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.80 and a current ratio of 0.80.

First BanCorp. Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 28th were paid a dividend of $0.20 per share. The ex-dividend date was Thursday, May 28th. This represents a $0.80 annualized dividend and a yield of 2.9%. First BanCorp.’s dividend payout ratio is presently 35.56%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FBP. Royal Bank of Canada raised its holdings in shares of First BanCorp. by 24.4% during the first quarter. Royal Bank of Canada now owns 42,927 shares of the bank’s stock valued at $824,000 after buying an additional 8,419 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in First BanCorp. by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,368 shares of the bank’s stock worth $1,847,000 after acquiring an additional 4,236 shares during the period. Jones Financial Companies Lllp grew its stake in shares of First BanCorp. by 328.8% in the first quarter. Jones Financial Companies Lllp now owns 2,950 shares of the bank’s stock worth $57,000 after purchasing an additional 2,262 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of First BanCorp. by 6.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 516,986 shares of the bank’s stock worth $9,911,000 after purchasing an additional 29,631 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of First BanCorp. by 1,445.7% during the first quarter. Jane Street Group LLC now owns 430,329 shares of the bank’s stock valued at $8,249,000 after purchasing an additional 402,488 shares during the period. Institutional investors own 97.91% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Weiss Ratings upgraded First BanCorp. from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, June 1st. Piper Sandler upped their price target on First BanCorp. from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Keefe, Bruyette & Woods raised their price objective on First BanCorp. from $24.50 to $26.00 and gave the stock a “market perform” rating in a research note on Thursday, April 23rd. Wells Fargo & Company lifted their price objective on shares of First BanCorp. from $26.00 to $28.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Finally, Truist Financial boosted their target price on shares of First BanCorp. from $26.00 to $30.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $27.88.

First BanCorp. Company Profile

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.