First Ban Stock (NYSE:FBP)
Previous Close
$20.80
52W Range
$14.72 - $22.40
50D Avg
$20.43
200D Avg
$18.79
Market Cap
$3.37B
Avg Vol (3M)
$992.93K
Beta
1.11
Div Yield
$0.64 (3.02%)
FBP Company Profile
First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans and floor plan financings; and other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; acquisition and sale of mortgages in the secondary markets; and purchase of mortgage loans from other local banks and mortgage bankers. The Consumer (Retail) Banking segment provides auto, boat, credit card, and personal loans; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); and finance leasing and insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans; and internet banking, cash management, remote deposit capture, and automated clearing house, and transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. The company operates 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.
FBP Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
Product/Service | Dec 23 | Dec 22 | Dec 21 |
---|---|---|---|
Consumer Retail Banking Segment | $658.68M | - | - |
Commercial And Corporate Segment | $75.94M | - | - |
United States Operations Segment | $86.12M | - | - |
Virgin Islands Operations Segment | $30.84M | - | - |
Treasury And Investments Segment | $-11.88M | - | - |
Mortgage Banking | $90.11M | - | - |
Investments Product Line | - | $3.20M | - |
Credit Card, Merchant Discount | - | - | $8.46M |
Peer Comparison
Ticker | Company |
---|---|
OFED | Oconee Federal Financial Corp. |
HBCP | Home Bancorp, Inc. |
CBU | Community Bank System, Inc. |
GSBC | Great Southern Bancorp, Inc. |
BOKF | BOK Financial Corporation |
STBA | S&T Bancorp, Inc. |
ABCB | Ameris Bancorp |
CFB | CrossFirst Bankshares, Inc. |
EFSC | Enterprise Financial Services Corp |
FNWD | Finward Bancorp |
FBIZ | First Business Financial Services, Inc. |
IBCP | Independent Bank Corporation |
FFBC | First Financial Bancorp. |
OFG | OFG Bancorp |
FBMS | The First Bancshares, Inc. |
NBHC | National Bank Holdings Corporation |
HTBI | HomeTrust Bancshares, Inc. |
FRAF | Franklin Financial Services Corporation |
BWFG | Bankwell Financial Group, Inc. |