First Bancorp (FBP)

• Market cap: $3.19B
• 1 day: -2.33%
• 5 days: -2.57%
• 1 month: -5.73%
• 3 months: 11.85%
• 6 months: -0.40%
• Year to date: 7.46%
• 1 year: 13.91%
• 5 years: 262.02%
• 10 years: 209.25%
• Sector: Financials
• Industry: Banks - Regional

About: First BanCorp is a financial holding company. The company's operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. It generates maximum revenue from the Consumer (Retail) Banking segment. The Consumer (Retail) Banking segment generates majority revenue, which consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centres. Geographically, it derives a majority of revenue from Puerto Rico.

Employees: 3,113

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

6% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 99

0% more capital invested

Capital invested by funds: $2.95B [Q4 2024] → $2.95B (+$4.91M) [Q1 2025]

0% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 28

1% less funds holding

Funds holding: 274 [Q4 2024] → 272 (-2) [Q1 2025]

2.8% less ownership

Funds ownership: 96.85% [Q4 2024] → 94.05% (-2.8%) [Q1 2025]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]

92% less call options, than puts

Call options by funds: $7K | Put options by funds: $91K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $22 12% upside
• Avg. target: $22 12% upside
• High target: $22 12% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Wells Fargo Timur Braziler

12% upside $22

Overweight Maintained

28 Apr 2025