Lumida
/FBP
⌘K
First BanCorp

First BanCorp

FBP
$27.69USD-0.18%-0.05 today

MARKET CAP

4.2B

P/E (TTM)

12.8x

FWD P/E

DAY RANGE

$27 – $28

52W RANGE

$19
$30

AI Summary

Stalk
Buy NowMedium

The stock is in a Stage 2 constructive consolidation after a strong multi-month rally, with price holding at 20- and 50-day EMA support and oversold momentum recovering. Fundamentals remain supportive, and a resumption of the uptrend is likely. We initiate a buy now on this pullback into rising EMA support rather than wait for further confirmation.

  • Q2 net income was $96M, up 24% YoY, EPS $0.62
  • Loan originations reached $1.7B (+21% YoY), driven by commercial lending
  • Puerto Rico’s sluggish GDP growth may limit loan and deposit expansion
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$915.9M$985.7M$1.2B$1.2B$1.3B
YoY %+13.9%+7.6%+17.3%+6.0%+2.4%
P / Sales3.2x2.5x2.5x2.5x2.7x
EV / Sales20.8x19.6x17.0x15.9x15.8x
Gross Profit, Adj.$851.1M$918.4M$929.8M$938.2M$1.0B
YoY %+19.6%+7.9%+1.2%+0.9%+6.7%
Margin %92.9%93.2%80.4%76.5%79.7%
EV / Gross Profit22.4x21.0x21.1x20.8x19.8x
EBITDA, Adj.$454.3M$447.6M$397.4M$391.2M$416.7M
YoY %+218.0%-1.5%-11.2%-1.6%+6.5%
Margin %49.6%45.4%34.4%31.9%33.2%
EV / EBITDA41.9x43.1x49.4x49.9x47.6x
EBIT$427.8M$447.6M$397.4M$391.2M$416.7M
YoY %+267.8%+4.6%-11.2%-1.6%+6.5%
Margin %46.7%45.4%34.4%31.9%33.2%
EV / EBIT44.5x43.1x49.4x49.9x47.6x
Net Income$277.3M$305.1M$302.9M$298.7M$344.9M
YoY %+178.5%+10.0%-0.7%-1.4%+15.4%
Net Margin30.3%30.9%26.2%24.4%27.5%
EPS (GAAP)$1.31$1.59$1.71$1.81$2.15
YoY %+184.8%+21.4%+7.5%+5.8%+18.8%