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6.23 (1y: +71%)
Market Cap 1.28 B P/E(ttm) 41.30
Enterprise Value 1.34 B P/B 0.90
FBP- NYSE (USA)
First BanCorp
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$6.23
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GuruFocus Financial Strength Rank measures how strong a companyÂ’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 : 7/10

vs
industry		 vs
history
Cash to Debt 0.987
FBP's Cash to Debt is ranked higher than
60% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.85 vs. FBP: 0.987 )
FBP' s 10-Year Cash to Debt Range
Min: 0.05   Max: 0.99
Current: 0.99
0.05
0.99
Equity to Asset 0.113
FBP's Equity to Asset is ranked higher than
78% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. FBP: 0.113 )
FBP' s 10-Year Equity to Asset Range
Min: 0.06   Max: 0.11
Current: 0.11
0.06
0.11
Interest Coverage No Debt
FBP's Interest Coverage is ranked higher than
86% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10000.00 vs. FBP: No Debt )
FBP' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 4
Z-Score: 0.27
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’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 : 6/10

vs
industry		 vs
history
Operating margin (%) 7.00
FBP's Operating margin (%) is ranked lower than
63% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 25.80 vs. FBP: 7.00 )
FBP' s 10-Year Operating margin (%) Range
Min: -72.7   Max: 48.6
Current: 7
-72.7
48.6
Net-margin (%) 5.8
FBP's Net-margin (%) is ranked lower than
61% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 18.10 vs. FBP: 5.8 )
FBP' s 10-Year Net-margin (%) Range
Min: -90.5   Max: 39.4
Current: 5.8
-90.5
39.4
ROE (%) 2
FBP's ROE (%) is ranked lower than
60% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.80 vs. FBP: 2 )
FBP' s 10-Year ROE (%) Range
Min: -49.6   Max: 21
Current: 2
-49.6
21
ROA (%) 0.2
FBP's ROA (%) is ranked lower than
73% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. FBP: 0.2 )
FBP' s 10-Year ROA (%) Range
Min: -3.4   Max: 1.3
Current: 0.2
-3.4
1.3
Revenue Growth (%) -61
FBP's Revenue Growth (%) is ranked lower than
71% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.70 vs. FBP: -61 )
FBP' s 10-Year Revenue Growth (%) Range
Min: -61   Max: 18.6
Current: -61
-61
18.6
» FBP's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

FBP Guru Trades in Q2 2012

Steven Cohen 44,433 sh (New)
Howard Marks 50,684,485 sh (unchged)
Jim Simons 317,413 sh (-28.82%)
Arnold Schneider 652,724 sh (-43.96%)
» More
Q3 2012

FBP Guru Trades in Q3 2012

Steven Cohen 45,004 sh (+1.29%)
Howard Marks 50,684,485 sh (unchged)
Jim Simons 310,800 sh (-2.08%)
Arnold Schneider 491,948 sh (-24.63%)
» More
Q4 2012

FBP Guru Trades in Q4 2012

Arnold Schneider 703,223 sh (+42.95%)
Jim Simons 329,685 sh (+6.08%)
Howard Marks 50,684,485 sh (unchged)
Steven Cohen Sold Out
» More
Q1 2013

FBP Guru Trades in Q1 2013

Jim Simons 531,517 sh (+61.22%)
Howard Marks 50,684,485 sh (unchged)
Arnold Schneider 636,178 sh (-9.53%)
» More
» Details

Insider Trades

Latest Guru Trades with FBP



No Insider Trades Found!

Preferred stocks of First BanCorp

SymbolPriceYieldDescription
FBPRM21.506.007.40% NonCumulative Perpetual Monthly Income Preferred Stock, Series C
FBPRP21.500.007.125% NonCumulative Perpetual Monthly Income Preferred Stock, Series A
FBPRN21.000.007.25% NonCumulative Perpetual Monthly Income Preferred Stock, Series D
FBPRL21.500.007.00% NonCumulative Perpetual Monthly Income Preferred Stock, Series E
FBPRO21.500.008.35% NonCumulative Perpetual Monthly Income Preferred Stock, Series B

Ratios

vs
industry		 vs
history
P/E(ttm) 41.30
FBP's P/E(ttm) is ranked lower than
79% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.43 vs. FBP: 41.30 )
FBP' s 10-Year P/E(ttm) Range
Min: 5.04   Max: 1493.33
Current: 41.3
5.04
1493.33
P/B 0.90
FBP's P/B is ranked higher than
65% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.90 vs. FBP: 0.90 )
FBP' s 10-Year P/B Range
Min: 0.03   Max: 2.27
Current: 0.9
0.03
2.27
P/S 2.40
FBP's P/S is ranked lower than
57% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.20 vs. FBP: 2.40 )
FBP' s 10-Year P/S Range
Min: 0.04   Max: 5.87
Current: 2.4
0.04
5.87
PFCF 8.00
FBP's PFCF is ranked higher than
60% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.70 vs. FBP: 8.00 )
FBP' s 10-Year PFCF Range
Min: 0.15   Max: 37.34
Current: 8
0.15
37.34
EV-to-EBIT 35.7
FBP's EV-to-EBIT is ranked lower than
76% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 16.90 vs. FBP: 35.7 )
FBP' s 10-Year EV-to-EBIT Range
Min: 5   Max: 186.6
Current: 35.7
5
186.6
Shiller P/E 3.4
FBP's Shiller P/E is ranked lower than
84% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.60 vs. FBP: 3.4 )
FBP' s 10-Year Shiller P/E Range
Min: 2.89   Max: 29.08
Current: 3.4
2.89
29.08

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 0.9
FBP's Price/Tangible Book is ranked lower than
59% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. FBP: 0.9 )
FBP' s 10-Year Price/Tangible Book Range
Min: 0.1   Max: 2.2
Current: 0.9
0.1
2.2
Price/DCF (Projected) 0.5
FBP's Price/DCF (Projected) is ranked higher than
57% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.50 vs. FBP: 0.5 )
FBP' s 10-Year Price/DCF (Projected) Range
Min: 0.1   Max: 0.8
Current: 0.5
0.1
0.8
Price/Median PS Value 1.2
FBP's Price/Median PS Value is ranked higher than
90% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. FBP: 1.2 )
FBP' s 10-Year Price/Median PS Value Range
Min: 0.1   Max: 2.9
Current: 1.2
0.1
2.9
Price/Graham Number 1.3
FBP's Price/Graham Number is ranked higher than
59% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. FBP: 1.3 )
FBP' s 10-Year Price/Graham Number Range
Min: 0.4   Max: 1.2
Current: 1.3
0.4
1.2
Earnings Yield (Greenblatt) 2.80
FBP's Earnings Yield (Greenblatt) is ranked lower than
62% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.80 vs. FBP: 2.80 )
FBP' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 19.8
Current: 2.8
0.5
19.8
Forward Rate of Return (Yacktman) 239
FBP's Forward Rate of Return (Yacktman) is ranked lower than
100% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.01 vs. FBP: 239 )
FBP' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -8.7   Max: 527
Current: 239
-8.7
527

Business Description

First BanCorp was incorporated under the laws of the Commonwealth of Puerto Rico to serve as the bank holding company for FirstBank Puerto Rico ('FirstBank' or the 'Bank'). It is a full service provider of financial services and products with operations in Puerto Rico, the United States and the US and British Virgin Islands. It provides a range of financial services for retail, commercial and institutional clients. The Company has four reportable segments: Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; and Treasury and Investments. The Commercial and Corporate Banking segment consists of its lending and other services for large customers represented by the public sector and specialized and middle-market clients. This 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's operations consist of the origination, sale and servicing of a number of residential mortgage loans. This segment also acquires and sells mortgages in the secondary markets. In addition, the Mortgage Banking segment includes mortgage loans purchased from other local banks or mortgage brokers. The Consumer (Retail) Banking segment consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centers. The Treasury and Investment segment is responsible for the Corporation's investment portfolio and treasury functions executed to manage and enhance liquidity. This segment loans funds to the Commercial and Corporate Banking, Mortgage Banking and Consumer (Retail) Banking segments to finance their lending activities and borrows from those segments. The Consumer (Retail) Banking segment also loans funds to other segments. As of December 31, 2008, the Corporation controlled four wholly-owned subsidiaries: FirstBank Puerto Rico, FirstBank Insurance Agency, Inc., Grupo Empresas de Servicios Financieros and Ponce General Corporation. FirstBank is a Puerto Rico-chartered commercial bank, FirstBank Insurance Agency is a Puerto Rico-chartered insurance agency, PR Finance Group is a domestic corporation and Ponce General is the holding company of a federally chartered stock savings and loan association, FirstBank Florida. As of December 31, 2008, FirstBank conducted its business through its main office located in San Juan, Puerto Rico, forty-eight full service banking branches in Puerto Rico, sixteen branches in the United States Virgin Islands (USVI) and British Virgin Islands (BVI) and a loan production office in Miami, Florida (USA). FirstBank has four wholly-owned subsidiaries with operations in Puerto Rico and three subsidiaries with operations outside of Puerto Rico. The Company also operates in the United States mainland through its federally chartered stock savings and loan association FirstBank Florida and through its loan product
Company Website
Industry: Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR
Traded in other countries:FBPRM.USA, FBPRP.USA, FBPRN.USA, FBPRL.USA, FBPRO.USA

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