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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash-to-Debt 0.33
NYSE:FBP's Cash-to-Debt is ranked lower than
80% of the 1495 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.97 vs. NYSE:FBP: 0.33 )
Ranked among companies with meaningful Cash-to-Debt only.
NYSE:FBP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05  Med: 0.29 Max: 1.4
Current: 0.33
0.05
1.4
Equity-to-Asset 0.15
NYSE:FBP's Equity-to-Asset is ranked higher than
85% of the 1496 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. NYSE:FBP: 0.15 )
Ranked among companies with meaningful Equity-to-Asset only.
NYSE:FBP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06  Med: 0.08 Max: 0.15
Current: 0.15
0.06
0.15
Interest Coverage 1.29
NYSE:FBP's Interest Coverage is ranked lower than
56% of the 1758 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.61 vs. NYSE:FBP: 1.29 )
Ranked among companies with meaningful Interest Coverage only.
NYSE:FBP' s Interest Coverage Range Over the Past 10 Years
Min: 0.12  Med: 0.24 Max: 1.29
Current: 1.29
0.12
1.29
Beneish M-Score: -2.69
WACC vs ROIC
14.79%
5.26%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating Margin % 22.77
NYSE:FBP's Operating Margin % is ranked lower than
68% of the 1511 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 30.68 vs. NYSE:FBP: 22.77 )
Ranked among companies with meaningful Operating Margin % only.
NYSE:FBP' s Operating Margin % Range Over the Past 10 Years
Min: -72.67  Med: 5.87 Max: 22.77
Current: 22.77
-72.67
22.77
Net Margin % 16.30
NYSE:FBP's Net Margin % is ranked lower than
69% of the 1510 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 21.91 vs. NYSE:FBP: 16.30 )
Ranked among companies with meaningful Net Margin % only.
NYSE:FBP' s Net Margin % Range Over the Past 10 Years
Min: -90.46  Med: 4.74 Max: 67.7
Current: 16.3
-90.46
67.7
ROE % 5.27
NYSE:FBP's ROE % is ranked lower than
72% of the 1509 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.30 vs. NYSE:FBP: 5.27 )
Ranked among companies with meaningful ROE % only.
NYSE:FBP' s ROE % Range Over the Past 10 Years
Min: -20.47  Med: 2.07 Max: 27.29
Current: 5.27
-20.47
27.29
ROA % 0.75
NYSE:FBP's ROA % is ranked lower than
58% of the 1518 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.87 vs. NYSE:FBP: 0.75 )
Ranked among companies with meaningful ROA % only.
NYSE:FBP' s ROA % Range Over the Past 10 Years
Min: -2.98  Med: 0.2 Max: 3.09
Current: 0.75
-2.98
3.09
3-Year Revenue Growth Rate 2.90
NYSE:FBP's 3-Year Revenue Growth Rate is ranked lower than
55% of the 1316 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.90 vs. NYSE:FBP: 2.90 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
NYSE:FBP' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -71.5  Med: 3.3 Max: 31.3
Current: 2.9
-71.5
31.3
GuruFocus has detected 1 Warning Sign with First BanCorp $NYSE:FBP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» NYSE:FBP's 10-Y Financials

Financials (Next Earnings Date: 2017-04-26 Est.)


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

FBP Guru Trades in Q1 2016

Charles Brandes 11,964 sh (New)
Jim Simons 90,100 sh (New)
Steven Cohen 1,979,200 sh (+46.73%)
HOTCHKIS & WILEY 5,596,161 sh (+21.83%)
Howard Marks 41,843,581 sh (unchged)
Paul Tudor Jones Sold Out
» More
Q2 2016

FBP Guru Trades in Q2 2016

Jim Simons 365,100 sh (+305.22%)
Charles Brandes 18,002 sh (+50.47%)
Howard Marks 41,843,581 sh (unchged)
HOTCHKIS & WILEY 5,531,502 sh (-1.16%)
Steven Cohen 1,572,600 sh (-20.54%)
» More
Q3 2016

FBP Guru Trades in Q3 2016

Jim Simons 367,800 sh (+0.74%)
Howard Marks 41,843,581 sh (unchged)
HOTCHKIS & WILEY 5,512,642 sh (-0.34%)
Charles Brandes 12,618 sh (-29.91%)
Steven Cohen 198,750 sh (-87.36%)
» More
Q4 2016

FBP Guru Trades in Q4 2016

Paul Tudor Jones 107,576 sh (New)
Mario Gabelli 35,000 sh (New)
Steven Cohen 1,215,800 sh (+511.72%)
Charles Brandes 15,604 sh (+23.66%)
HOTCHKIS & WILEY 5,490,842 sh (-0.40%)
Jim Simons 308,713 sh (-16.06%)
Howard Marks 31,493,581 sh (-24.73%)
» More
» Details

Insider Trades

Latest Guru Trades with FBP

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Preferred stocks of First BanCorp

SymbolPriceYieldDescription
FBPRM24.002.577.40% NonCumulative Perpetual Monthly Income Preferred Stock, Series C
FBPRP22.212.647.125% NonCumulative Perpetual Monthly Income Preferred Stock, Series A
FBPRN23.502.577.25% NonCumulative Perpetual Monthly Income Preferred Stock, Series D
FBPRL24.502.387.00% NonCumulative Perpetual Monthly Income Preferred Stock, Series E
FBPRO25.002.788.35% NonCumulative Perpetual Monthly Income Preferred Stock, Series B

Business Description

Industry: Banks » Banks - Regional - US    NAICS: 522110 
Compare:NAS:IBTX, NAS:STBA, NYSE:FCF, AMEX:TMP, NAS:BNCL, NAS:SRCE, NAS:HTLF, NAS:BUSE, NAS:CSFL, NAS:BRKL, NAS:LKFN, NAS:BPFH, NAS:PPBI, NYSE:BANC, NAS:BANF, NAS:CHCO, NAS:STBZ, NAS:WSFS, NAS:SASR, NAS:CFNL » details
Traded in other countries:OLWN.Germany,
First BanCorp is a financial holding company. The Company provides financial services and products for retail, commercial and institutional clients with operations in Puerto Rico, the United States and the USVI and BVI.

First BanCorp was incorporated under the laws of the Commonwealth of Puerto Rico to serve as the bank holding company for FirstBank. The Company is a provider of financial services and products with operations in Puerto Rico, the United States, the U.S. Virgin Islands (USVI), and the British Virgin Islands (BVI). It provides financial services for retail, commercial and institutional clients. The Company has six reportable segments: Consumer (Retail) Banking; Commercial and Corporate Banking; Mortgage Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. The Consumer (Retail) Banking segment consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through FirstBank's branch network and loan centers in Puerto Rico. Loans to consumers include auto, boat and personal loans, credit cards, and lines of credit. Deposit products include interest bearing and non-interest bearing checking and savings accounts, Individual Retirement Accounts (IRA) and retail certificates of deposit. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, and other products, such as cash management and business management services. The Mortgage Banking segment conducts its operations mainly through FirstBank and its mortgage origination subsidiary, First Mortgage. These operations consist of the origination, sale and servicing of a variety of residential mortgage loan products. The Treasury and Investments segment is responsible for the Corporation's treasury and investment management functions. The treasury function, which includes funding and liquidity management, sells funds to the Commercial and Corporate Banking segment, the Mortgage Banking segment, and the Consumer (Retail) Banking segment to finance their respective lending activities and purchases funds gathered by those segments and from the United States Operations segment. The United States Operations segment offers an array of both retail and commercial banking products and services. Consumer banking products include checking, savings and money market accounts, retail certificates of deposit, internet banking services, residential mortgages, home equity loans, lines of credit, and automobile loans. The Virgin Islands Operations segment consists of all banking activities conducted by FirstBank in the USVI and BVI, including retail and commercial banking services, with a total of fourteen branches serving the islands in the USVI of St. Thomas, St. Croix, and St. John, and the islands in the BVI of Tortola and Virgin Gorda. The Virgin Islands Operations segment is driven by its consumer, commercial lending and deposit-taking activities. The Company's main competitors include other banks, insurance companies, mortgage banking companies, small loan companies, automobile financing companies, leasing companies, brokerage firms with retail operations, and cre

Top Ranked Articles about First BanCorp

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Ratios

vs
industry
vs
history
PE Ratio 12.76
FBP's PE Ratio is ranked higher than
55% of the 1941 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.56 vs. FBP: 12.76 )
Ranked among companies with meaningful PE Ratio only.
FBP' s PE Ratio Range Over the Past 10 Years
Min: 0.59  Med: 14.18 Max: 46.11
Current: 12.76
0.59
46.11
PE Ratio without NRI 12.76
FBP's PE Ratio without NRI is ranked higher than
58% of the 1635 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.25 vs. FBP: 12.76 )
Ranked among companies with meaningful PE Ratio without NRI only.
FBP' s PE Ratio without NRI Range Over the Past 10 Years
Min: 0.59  Med: 14.18 Max: 46.11
Current: 12.76
0.59
46.11
Price-to-Owner-Earnings 11.38
FBP's Price-to-Owner-Earnings is ranked higher than
62% of the 905 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.04 vs. FBP: 11.38 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
FBP' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.52  Med: 13.91 Max: 1275
Current: 11.38
6.52
1275
PB Ratio 0.70
FBP's PB Ratio is ranked higher than
79% of the 1810 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.17 vs. FBP: 0.70 )
Ranked among companies with meaningful PB Ratio only.
FBP' s PB Ratio Range Over the Past 10 Years
Min: 0.08  Med: 0.72 Max: 1.63
Current: 0.7
0.08
1.63
PS Ratio 2.08
FBP's PS Ratio is ranked higher than
73% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.32 vs. FBP: 2.08 )
Ranked among companies with meaningful PS Ratio only.
FBP' s PS Ratio Range Over the Past 10 Years
Min: 0.05  Med: 1.55 Max: 3.56
Current: 2.08
0.05
3.56
Price-to-Free-Cash-Flow 6.27
FBP's Price-to-Free-Cash-Flow is ranked higher than
69% of the 1008 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.76 vs. FBP: 6.27 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
FBP' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.18  Med: 3.64 Max: 33.71
Current: 6.27
0.18
33.71
Price-to-Operating-Cash-Flow 5.92
FBP's Price-to-Operating-Cash-Flow is ranked higher than
67% of the 1096 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.62 vs. FBP: 5.92 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
FBP' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.15  Med: 3.41 Max: 17.7
Current: 5.92
0.15
17.7
EV-to-EBIT 13.95
FBP's EV-to-EBIT is ranked lower than
61% of the 1558 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.64 vs. FBP: 13.95 )
Ranked among companies with meaningful EV-to-EBIT only.
FBP' s EV-to-EBIT Range Over the Past 10 Years
Min: -49.3  Med: 10.4 Max: 155.9
Current: 13.95
-49.3
155.9
EV-to-EBITDA 11.90
FBP's EV-to-EBITDA is ranked lower than
59% of the 1576 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.00 vs. FBP: 11.90 )
Ranked among companies with meaningful EV-to-EBITDA only.
FBP' s EV-to-EBITDA Range Over the Past 10 Years
Min: -80.1  Med: 8.25 Max: 317.2
Current: 11.9
-80.1
317.2

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -1.60
FBP's 3-Year Average Share Buyback Ratio is ranked higher than
50% of the 1010 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.60 vs. FBP: -1.60 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
FBP' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -222.1  Med: -1.4 Max: 4
Current: -1.6
-222.1
4

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 0.68
FBP's Price-to-Tangible-Book is ranked higher than
81% of the 1798 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.25 vs. FBP: 0.68 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
FBP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23  Med: 1.14 Max: 3.92
Current: 0.68
0.23
3.92
Price-to-Intrinsic-Value-Projected-FCF 0.33
FBP's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
88% of the 1104 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. FBP: 0.33 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
FBP' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.03  Med: 0.38 Max: 1.15
Current: 0.33
0.03
1.15
Price-to-Median-PS-Value 1.33
FBP's Price-to-Median-PS-Value is ranked lower than
67% of the 1693 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.15 vs. FBP: 1.33 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
FBP' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.07  Med: 1.49 Max: 3.71
Current: 1.33
0.07
3.71
Price-to-Graham-Number 0.62
FBP's Price-to-Graham-Number is ranked higher than
74% of the 1556 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.93 vs. FBP: 0.62 )
Ranked among companies with meaningful Price-to-Graham-Number only.
FBP' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.19  Med: 0.97 Max: 1.83
Current: 0.62
0.19
1.83
Earnings Yield (Greenblatt) % 7.17
FBP's Earnings Yield (Greenblatt) % is ranked higher than
54% of the 2086 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.41 vs. FBP: 7.17 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
FBP' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.6  Med: 5.2 Max: 13.1
Current: 7.17
0.6
13.1
Forward Rate of Return (Yacktman) % 483.35
FBP's Forward Rate of Return (Yacktman) % is ranked higher than
99% of the 891 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.45 vs. FBP: 483.35 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
FBP' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 1.6  Med: 144.3 Max: 874.7
Current: 483.35
1.6
874.7

More Statistics

Revenue (TTM) (Mil) $572.1
EPS (TTM) $ 0.43
Beta2.11
Short Percentage of Float1.83%
52-Week Range $2.52 - 7.05
Shares Outstanding (Mil)217.51
» More Articles for FBP

Headlines

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In Puerto Rico, Maximum Pessimism Nears May 07 2014 
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Howard Marks Update – Oaktree Capital Sells Nov 10 2013 
Top 5 Holdings of Howard Marks Aug 07 2013 
Dec 11 2011 
Weekly CEO Buys Highlight: UTHR, SUSS, ONFC, FSC, FBP Dec 11 2011 

More From Other Websites
FIRST BANCORP /PR/ Financials Mar 23 2017
FIRST BANCORP /PR/ Files SEC form 10-K, Annual Report Mar 16 2017
First BanCorp. Announces Sale of PREPA Loan Mar 13 2017
First BanCorp. Announces Payment of Dividends on Preferred Stock Mar 07 2017
First BanCorp (Puerto Rico) breached its 50 day moving average in a Bearish Manner : FBP-US :... Feb 15 2017
9 Bank Stocks Top Investors Love Feb 08 2017
Coverage initiated on First Bancorp by Citigroup Feb 08 2017
Howard Marks' Oaktree Buys Texas Oil Company Reporting Jump in Reserves Feb 07 2017
First BanCorp. Announces Payment of Dividends on Preferred Stock Feb 06 2017
FIRST BANCORP /PR/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits Feb 03 2017
First BanCorp (Puerto Rico) breached its 50 day moving average in a Bearish Manner : FBP-US :... Feb 03 2017
ETFs with exposure to First BanCorp (Puerto Rico) : February 2, 2017 Feb 02 2017
First BanCorp. Announces that THL and Oaktree Commence Secondary Offering of 20 Million Shares Feb 01 2017
First BanCorp (Puerto Rico) :FBP-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 Jan 31 2017
First BanCorp (Puerto Rico) :FBP-US: Earnings Analysis: Q4, 2016 By the Numbers : January 30, 2017 Jan 30 2017
A Mutual Fund For Special Occasions: A Conversation With Value Fund Manager Tobias Carlisle, Part 1 Jan 27 2017
Edited Transcript of FBP earnings conference call or presentation 26-Jan-17 3:00pm GMT Jan 26 2017
FIRST BANCORP /PR/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Jan 26 2017
First Bancorp posts 4Q profit Jan 26 2017
Q4 2016 First Bancorp Earnings Release - Before Market Open Jan 26 2017

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