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

First BanCorp. (NYSE:FBP) is projected to post its Q1 2026 results before the market opens on Wednesday, April 22nd. Analysts expect First BanCorp. to post earnings of $0.5290 per share and revenue of $263.5390 million for the quarter. Individuals can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 22, 2026 at 10:00 AM ET.

First BanCorp. (NYSE:FBP) last posted its earnings results on Tuesday, January 27th. The bank reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.03. First BanCorp. had a return on equity of 17.33% and a net margin of 27.48%.The company had revenue of $257.17 million for the quarter, compared to analysts’ expectations of $256.18 million. During the same period last year, the business posted $0.46 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. Price Performance

Shares of NYSE FBP opened at $23.24 on Monday. First BanCorp. has a fifty-two week low of $17.85 and a fifty-two week high of $23.57. The firm’s 50-day simple moving average is $21.70 and its 200 day simple moving average is $21.18. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a market cap of $3.62 billion, a P/E ratio of 10.81, a P/E/G ratio of 1.88 and a beta of 0.83.

First BanCorp. Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Thursday, February 26th were paid a dividend of $0.20 per share. This is an increase from First BanCorp.’s previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Thursday, February 26th. First BanCorp.’s dividend payout ratio (DPR) is presently 37.21%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on FBP shares. Keefe, Bruyette & Woods lifted their price objective on shares of First BanCorp. from $24.00 to $24.50 and gave the company a “market perform” rating in a research note on Wednesday, January 28th. Weiss Ratings restated a “buy (b)” rating on shares of First BanCorp. in a research note on Thursday, January 22nd. Truist Financial lifted their price objective on shares of First BanCorp. from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Piper Sandler restated a “neutral” rating and set a $24.00 price objective (up from $23.00) on shares of First BanCorp. in a research note on Friday, January 30th. Finally, Wells Fargo & Company lifted their price objective on shares of First BanCorp. from $23.00 to $24.00 and gave the company an “overweight” rating in a research note on Monday, March 30th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $24.75.

Insider Transactions at First BanCorp.

In related news, EVP Michael Mcdonald sold 34,122 shares of First BanCorp. stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $22.11, for a total value of $754,437.42. Following the transaction, the executive vice president owned 62,937 shares of the company’s stock, valued at approximately $1,391,537.07. This trade represents a 35.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Roberto R. Herencia sold 4,723 shares of First BanCorp. stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $22.63, for a total value of $106,881.49. Following the completion of the transaction, the director directly owned 637,019 shares in the company, valued at $14,415,739.97. This represents a 0.74% decrease in their position. The SEC filing for this sale provides additional information. 1.90% of the stock is owned by insiders.

Hedge Funds Weigh In On First BanCorp.

A number of institutional investors have recently bought and sold shares of FBP. Royal Bank of Canada increased its stake in First BanCorp. by 24.4% in the 1st quarter. Royal Bank of Canada now owns 42,927 shares of the bank’s stock worth $824,000 after purchasing an additional 8,419 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in First BanCorp. by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,368 shares of the bank’s stock worth $1,847,000 after purchasing an additional 4,236 shares in the last quarter. Jones Financial Companies Lllp increased its stake in First BanCorp. by 328.8% in the 1st 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 increased its stake in First BanCorp. by 6.1% in the 1st 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 stake in First BanCorp. by 1,445.7% in the 1st quarter. Jane Street Group LLC now owns 430,329 shares of the bank’s stock worth $8,249,000 after purchasing an additional 402,488 shares in the last quarter. Hedge funds and other institutional investors own 97.91% of the company’s stock.

About First BanCorp.

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.