First Bancorp (FBNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
First BanCorp has delivered outsized returns, outperforming the S&P 500 since my bullish stance in December. FBP's asset quality remains impressive, with strong returns on assets (2.02%) and equity (19.49%) despite elevated valuation multiples. Net interest margin improved to 4.87%, and the bank is well-positioned to benefit further from rising interest rates.
The headline numbers for First Bancorp (FBNC) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
First Bancorp (FBNC) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.93 per share a year ago.
First BanCorp is rated Buy for its superior profitability and efficiency despite Puerto Rico's challenging economic environment. FBP outperforms peers in ROA, efficiency ratio, and asset quality, with non-performing loans at 0.67% and high loan loss reserves. Capital returns are robust, with 97% of Q1 2026 earnings returned via dividends and buybacks, though earnings growth remains subdued.
Although the revenue and EPS for First Bancorp (FBNC) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
First Bancorp (FBNC) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.84 per share a year ago.
First BanCorp. maintains a soft 'Buy' rating, supported by robust asset quality and improving core deposits. FBP's net interest margin rose to 4.68%, driving net income growth and outperformance versus the S&P 500. Valuation remains attractive with a 9.2x P/E, though price-to-book ratios are less compelling compared to peers.
First Bancorp (FBNC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The headline numbers for First Bancorp (FBNC) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
First Bancorp (FBNC) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.76 per share a year ago.
First Bancorp (NASDAQ: FBNC - Get Free Report) has received a consensus rating of "Moderate Buy" from the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to