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First BanCorp (First BanCorp) Price-to-Tangible-Book

: 1.93 (As of Today)
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As of today (2024-04-18), First BanCorp's share price is $16.44. First BanCorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.54. Hence, First BanCorp's Price to Tangible Book Ratio of today is 1.93.

The historical rank and industry rank for First BanCorp's Price-to-Tangible-Book or its related term are showing as below:

FBP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42   Med: 0.93   Max: 1.93
Current: 1.93

During the past 13 years, First BanCorp's highest Price to Tangible Book Ratio was 1.93. The lowest was 0.42. And the median was 0.93.

FBP's Price-to-Tangible-Book is ranked worse than
87.73% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs FBP: 1.93

A closely related ratio is called PB Ratio. As of today, First BanCorp's share price is $16.44. First BanCorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.85. Hence, First BanCorp's P/B Ratio of today is 1.86.


First BanCorp Price-to-Tangible-Book Historical Data

The historical data trend for First BanCorp's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First BanCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 0.93 1.37 1.84 1.93

First BanCorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.84 1.52 1.64 1.88 1.93

Competitive Comparison

For the Banks - Regional subindustry, First BanCorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First BanCorp Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, First BanCorp's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First BanCorp's Price-to-Tangible-Book falls into.



First BanCorp Price-to-Tangible-Book Calculation

First BanCorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=16.44/8.539
=1.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


First BanCorp Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of First BanCorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


First BanCorp (First BanCorp) Business Description

Traded in Other Exchanges
Address
1519 Ponce de Leon Avenue, Stop 23, San Juan, PRI, 00908
First BanCorp is a financial holding company. The company's operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. It generates maximum revenue from the Consumer (Retail) Banking segment. The Consumer (Retail) Banking segment consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centres. Geographically, it derives a majority of revenue from Puerto Rico.
Executives
Carlos Power officer: EVP P.O. BOX 9146, SAN JUAN PR 00908-0146
Aurelio Aleman officer: Executive Vice President P.O. BOX 9146, SAN JUAN PR 00908-0146
Donald Kafka officer: Chief Operating Officer PO BOX 9146, SAN JUAN PR 00908
Nayda Rivera officer: EVP PO BOX 9146, SAN JUAN PR 00908 0146
John A. Heffern director 7 TOFTREES COURT, PRINCETON NJ 08540
Tracey A Dedrick director C/O HUDSON CITY BANCORP, INC., PARAMUS NJ 07652
Daniel Edward Frye director 5 APPLEWOOD CIRCLE, EASTSANDWICH MA 02537
Gonzalez Orlando Berges officer: EVP and CFO PO BOX 9146, SAN JUAN PR 00908-0146
Roberto R Herencia director P.O. BOX 9146, SAN JUAN PR 00908
Patricia Eaves director PO BOX 9146, SAN JUAN PR 00908
Said Ortiz officer: Chief Accounting Officer PO BOX 9146, SAN JUAN PR 00908
Jose Maria Lacasa officer: EVP PO BOX 9146, SAN JUAN PR 00908
Lilian Diaz-bento officer: EVP PO BOX 9146, SAN JUAN PR 00908
Juan Carlos Pavia officer: EVP, Chief Credit Officer PO BOX 9146, SAN JUAN PR 00908
Sara Alvarez-cabrero officer: EVP, General Counsel PO BOX 9146, SAN JUAN PR 00908