FBP — First BanCorp.

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About First BanCorp.

First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides financial products and services to consumers and commercial customers. It operates through six segments: Mortgage Banking; Consumer (Retail) Banking; Commercial and Corporate Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$24.20
Market Cap$3.74B
Float149.7M
Shares Outstanding154.7M
P/E (Forward)20.75
P/E (TTM)10.74
Price/Sales (TTM)4.01
vs. Analyst Target+7.4% to analyst PT
Profit Margin38.22%
Operating Margin (TTM)47.80%
Revenue (TTM)$933M
Earnings Growth (YoY)21.30%
Dividend Rate0.8%
Analyst Target Price$26.00 (6 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $770M $102M $506M $142M
2021 $882M $281M $883M $464M
2022 $954M $305M $858M $479M
2023 $1.12B $303M $830M $426M
2024 $1.19B $299M $844M $416M
2025 $1.26B $345M $916M $417M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $302M $80.2M
Sep 2025 $305M $101M
Dec 2025 $320M $87.1M
Mar 2026 $318M $88.8M

Ownership & Float

Insider Ownership2.0%
Institutional Ownership100.2%
Short Float4.9%
% of All Funds Holding3.42%
Number of Funds Holding281

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$23.18Near-term / short-term trend
Weekly40-Week SMA$21.69Medium-term trend
Weekly80-Week SMA$20.82Cyclical trend (business cycle)
Weekly200-Week SMA$17.68Secular trend (multi-year)
Monthly10-Month SMA$21.74Near-term monthly trend
Monthly20-Month SMA$20.83Medium-term monthly trend
Monthly40-Month SMA$18.33Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$21.40 support 1.19x 0 months ago
$20.70 support 1.19x 3 months ago
$18.80 support 1.01x 15 months ago
$18.30 support 1.00x 21 months ago

Historical Earnings Reactions (116 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.16% 0.14% 54.31% 4.04% -4.80%
1 Day -0.17% -0.06% 45.69% 18.12% -8.40%
1 Week -0.27% -0.05% 47.41% 24.96% -32.01%
2 Weeks 0.24% 0.34% 55.17% 28.35% -49.45%
1 Month -0.05% 1.01% 55.65% 30.05% -44.09%

Next earnings: July 11, 2026 (43 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.5%59.0%39
Feb0.8%55.0%40
Mar1.0%55.0%40
Apr2.6%57.5%40
May-3.4%43.6%39
Jun-1.3%56.4%39
Jul5.5%69.2%39
Aug-0.2%59.0%39
Sep-1.0%35.9%39
Oct1.2%56.4%39
Nov0.6%43.6%39
Dec5.3%59.0%39

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.05% 44.3% 1868
Tuesday 0.07% 45.0% 2035
Wednesday 0.13% 45.0% 2033
Thursday 0.08% 44.5% 1996
Friday 0.06% 45.8% 1984

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 100.2%

Insider Transactions — Smart Summary

Total insider ownership: 2.0%

12-Month Insider Activity Summary

Total Filings9
Net Value-$3.4M
Net Shares Change-175,727
% of Float-0.1%
C-Suite Filings5
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
ALEMAN AURELIO President and CEO -$1.6M 2 2 sell
Kafka Donald EVP -$839,744 1 1 sell
McDonald Michael EVP -$754,437.42 1 1 sell
HERENCIA ROBERTO R -$407,807.3 2 2 sell
RIVERA NAYDA EVP, CCO and Chief of Staff -$214,340 1 1 sell
Dedrick Tracey A +$14,638.768 2 2 buy

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-14 – 2025-08-26 3 3 -$2.2M 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-01-05 Dedrick Tracey A +$556.479 Transaction at $21.14, now +14.5%
2026-01-29 McDonald Michael EVP -$754,437.42 Transaction at $22.11, now +9.5%
2025-09-16 Dedrick Tracey A +$14,082.29 Transaction at $20.11, now +20.3%
2025-08-14 Kafka Donald EVP -$839,744 Transaction at $20.99, now +15.3%
2026-02-13 HERENCIA ROBERTO R -$106,895.659 Transaction at $22.63, now +6.9%
2025-08-26 ALEMAN AURELIO President and CEO -$1.1M Transaction at $22.30, now +8.5%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for First BanCorp. (FBP) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for FBP on Trend Edge →