sustentado con más de 65 años de historia, firstbank es uno de los bancos puertorriqueños con mayor solidez, operando sobre 140 sucursales, oficinas y centros de servicio a través de puerto rico, islas vírgenes y florida. nosotros en firstbank atendemos a nuestros clientes como si el banco fuera de cada uno. a través de nuestro equipo de expertos e innovadores productos y servicios, continuamente logramos hacerle la vida más fácil a nuestros clientes; incluyendo individuos, pequeños y medianos negocios y corporaciones. ¡déjanos mostrarte el lado humano de la banca!
Company profile
Ticker
FBP
Exchange
Website
CEO
Aurelio Alemán-Bermúdez
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
First Federal Finance Limited Liability Company • FirstBank Overseas Corp. • First Management of Puerto Rico, LLC • FB Private Equity LLC ...
IRS number
660561882
FBP stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
26 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Results of Operations and Financial Condition
24 Jan 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Results of Operations and Financial Condition
20 Oct 23
10-K/A
2022 FY
Annual report (amended)
13 Oct 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Results of Operations and Financial Condition
27 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
23 May 23
10-Q
2023 Q1
Quarterly report
10 May 23
Transcripts
FBP
Earnings call transcript
2023 Q4
24 Jan 24
FBP
Earnings call transcript
2023 Q3
20 Oct 23
FBP
Earnings call transcript
2023 Q2
27 Jul 23
FBP
Earnings call transcript
2023 Q1
25 Apr 23
FBP
Earnings call transcript
2022 Q4
27 Jan 23
FBP
Earnings call transcript
2022 Q3
25 Oct 22
FBP
Earnings call transcript
2022 Q2
22 Jul 22
FBP
Earnings call transcript
2022 Q1
30 Apr 22
FBP
Earnings call transcript
2021 Q4
26 Jan 22
FBP
Earnings call transcript
2021 Q3
25 Oct 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 584.91 mm | 584.91 mm | 584.91 mm | 584.91 mm | 584.91 mm | 584.91 mm |
Cash burn (monthly) | 154.21 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 916.46 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -331.55 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -2.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 227 |
Opened positions | 26 |
Closed positions | 15 |
Increased positions | 56 |
Reduced positions | 97 |
13F shares | Current |
---|---|
Total value | 2.10 tn |
Total shares | 176.88 mm |
Total puts | 1.10 k |
Total calls | 11.20 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 26.29 mm | $353.93 bn |
Vanguard | 22.43 mm | $301.86 bn |
FMR | 12.29 mm | $165.41 bn |
American Century Investment Management | 11.49 mm | $0.00 |
American Century Companies | 10.45 mm | $140.63 bn |
Dimensional Fund Advisors | 10.03 mm | $135.03 bn |
Alliancebernstein | 8.96 mm | $120.62 bn |
STT State Street | 8.78 mm | $118.17 bn |
Frontier Capital Management | 7.77 mm | $82.34 mm |
BK Bank Of New York Mellon | 3.83 mm | $51.51 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Mar 24 | Rivera Nayda | First BanCorp Common Stock, par value $0.10 per share. | Payment of exercise | Dispose F | No | No | 16.86 | 2,678 | 45.15 k | 256,838 |
24 Mar 24 | Said Ortiz | First BanCorp Common Stock, par value $0.10 per share. | Payment of exercise | Dispose F | No | No | 16.86 | 628 | 10.59 k | 35,896.831 |
24 Mar 24 | Pancham Cassan | First BanCorp Common Stock, par value $0.10 per share. | Payment of exercise | Dispose F | No | No | 16.86 | 1,182 | 19.93 k | 285,880 |
24 Mar 24 | Power Carlos | First BanCorp Common Stock, par value $0.10 per share. | Payment of exercise | Dispose F | No | No | 16.86 | 1,616 | 27.25 k | 254,709 |
24 Mar 24 | Jose Maria Lacasa | First BanCorp Common Stock, par value $0.10 per share. | Payment of exercise | Dispose F | No | No | 16.86 | 1,492 | 25.16 k | 57,906 |
21 Mar 24 | Rivera Nayda | First BanCorp Common Stock, par value $0.10 per share. | Grant | Acquire A | No | No | 17.35 | 12,565 | 218.00 k | 259,516 |
21 Mar 24 | Rivera Nayda | Performance Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 12,564 | 0.00 | 56,209 |
21 Mar 24 | Said Ortiz | First BanCorp Common Stock, par value $0.10 per share. | Grant | Acquire A | No | No | 17.35 | 9,891 | 171.61 k | 36,524.831 |
21 Mar 24 | Pancham Cassan | First BanCorp Common Stock, par value $0.10 per share. | Grant | Acquire A | No | No | 17.35 | 8,624 | 149.63 k | 287,062 |
21 Mar 24 | Pancham Cassan | Performance Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 8,623 | 0.00 | 41,502 |
News
Bank Stocks Hit All-Time Highs: Analyst Points To Further Rally On 'A 1995 Soft Landing Scenario'
21 Mar 24
First BanCorp Boosts Quarterly Cash Dividend On Common Stock By 14% From $0.14 To $0.16 Per Share
8 Feb 24
Keefe, Bruyette & Woods Maintains Outperform on First BanCorp, Raises Price Target to $19-Report Released on 23 January 2024
25 Jan 24
First BanCorp Q4 Adj. EPS $0.49 Beats $0.36 Estimate, Sales $196.68M Miss $206.11M Estimate
24 Jan 24
Earnings Scheduled For January 24, 2024
24 Jan 24
Press releases
FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services
20 Mar 24
First BanCorp. Increases Quarterly Cash Dividend on Common Stock to $0.16
8 Feb 24
First BanCorp. Announces Earnings for the Quarter and Year Ended December 31, 2023
24 Jan 24
First Bancorp to Announce 4Q 2023 Results on January 24, 2024
8 Jan 24