First BanCorp. New (FBP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

First BanCorp. New

NYSE•Financial Services•Banks - Regional

$27.65-0.46(-0.02%)Pre-market

Market Cap

$4.24B

P/E

11.4x

P/S

4.1x

P/B

2.1x

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.

How this company scores

ExcellentMetricSide Score: 87/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (18/25).

Profitability25/25

Growth21/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality23/25

Strengths

Strong marginsHigh ROERising earningsLow leverage

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 11.4x5y range 0.0x – 11.4x

Currently near its 20-quarter median.

P/S · 4.1x5y range 0.0x – 4.1x

Currently above its 20-quarter median.

P/B · 2.1x5y range 0.0x – 2.1x

Price & Volume

Market Cap $4.24B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.03B
Q. Revenue: $264.86M
TTM EBITDA: $335.88M
TTM Op. Income: $309.41M
Q. Op. Income: $84.47M
TTM Net Income: $372.56M
Q. Net Income: $96.15M
EPS: $0.63
Shares Out.: $153.47M

$1.03B in TTM revenue grew 6.0% YoY, reaching $264.86M last quarter. TTM EBITDA of $335.88M and TTM operating income of $309.41M show growth is flowing through to the bottom line. TTM net income of $372.56M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 33.6%
Op. Margin: 31.9%
Net Margin: 36.3%

Op. margin of 31.9% is up 2.7% YoY — cost efficiency is improving. Net margin at 36.3% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 11.4x
P/S Ratio: 4.1x
P/B Ratio: 2.1x

At 11.4x P/E, the stock trades below typical market levels. P/S of 4.1x and P/B of 2.1x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is up 4% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $19.24B
Cash: $561.33M
Long-Term Debt: $200.00M
Book Value: $1.98B
D/E Ratio: 0.1
Debt/EBITDA: 2.2

With $19.24B in assets and $200.00M in long-term debt, D/E is 0.1and book value is $1.98B — a conservative capital structure with a cushion to weather downturns. Across the last 7 quarters, debt/equity has fallen for 6 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $92.22M
TTM Free Cash Flow: $441.05M
FCF Margin: 42.8%
FCF / Net Income: 1.2

TTM FCF of $441.05M on $92.22M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 8% — a weakening trend.