The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

FBP

Concerning the House

First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides financial products and services to consumers and commercial customers. It operates through six segments: Mortgage Banking; Consumer (Retail) Banking; Commercial and Corporate Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; hedging activities; purchase of mortgage loans from branch and mortgage bankers; and origination of residential real estate loans. The Consumer (Retail) Banking segment is involved in consumer lending, commercial lending to small businesses, commercial transaction banking, and deposit-taking activities. The Commercial and Corporate Banking segment offers lending and other services, including commercial lending and commercial deposit-taking activities. The Treasury and Investments segment manages funding; and obtains funds through brokered deposits, advances from the FHLB, and repurchase agreements involving investment securities, among other funding sources. The United States Operations segment provides checking, savings, and money market accounts; retail CDs; internet banking services; residential mortgages; home equity loans and lines of credit; retail deposits; cash management services; remote data capture; automated clearing house transactions; and traditional commercial and industrial, and commercial real estate products, such as lines of credit, term loans, and construction loans. The Virgin Islands Operations segment focuses on consumer and commercial lending, and deposit-taking activities. The company also offers automobile financing and insurance agency services. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

United States · www.1firstbank.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$929.80M-0.2%
Net income$344.87M-1.2%
Cash from ops$448.56M+4.5%
Quotation

$29.39

+0.18 (+0.6%)

52w hi$29.39
52w lo$18.92
Vol972.45K
As ofAug 13
The Verdict

Buy

Our score +0.51

Short+0.36
Medium+0.60
Long+0.65

computed 2026-08-13

By the Numbers

First BanCorp.

Financial Services · Banks - Regional

Market cap$4.49B
Enterprise value$4.07B
Trailing P/E12.40x
Forward P/E11.53x
EV / EBITDA
P / S (ttm)4.70x
Profit margin39.0%
Return on equity19.5%
Revenue growth+9.4%
Earnings growth+24.4%
Debt / equity
Risk Metrics
Beta vs SPX0.87
Corr SPX0.49
Annual vol28.9%
Annual ret+24.3%
Sharpe0.84
Max DD-24.1%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.37
Sector+0.09
Technical+0.31
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$29.35$29.58$29.33$29.39972.45K
Aug 12$29.08$29.32$29.02$29.211.21M
Aug 11$29.00$29.15$28.85$29.04826.60K
Aug 10$28.80$29.26$28.70$28.931.49M
Aug 7$28.89$28.89$28.63$28.67971.40K