FIRST BANCORP
At today's price, FIRST BANCORP (FBP) is priced for 17.9% return on equity. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• First BanCorp trades near 2x book at $25.21, the top of its peer group, supported by a return on equity recently around 17.5%; unusually for a bank above book, all four valuation families sit at or under the price rather than fighting it. • Q1 2026 was strong: net income of $88.8 million ($0.57 diluted EPS, up 21% year over year), a 1.89% return on average assets, a 4.75% net interest margin, a CET1 ratio near 16.93%, and a roughly 92% net payout that, against a share count shrinking near 6% a
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290 institutional managers reported holding FBP in 13F filings for the quarter ended 2026-03-31. 33 opened new positions that quarter. Held by BlackRock, Vanguard Group, FMR (Fidelity), among others. On the short side, 6.0M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (3.5 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
FBP has cut its share count 25.8% over the past five years, spending $906.42M on repurchases. It pays a dividend, and has for 10 years running, raised 9 years straight; the current rate is $0.72 a share annually. Cash returned over the past three years: $301.69M in dividends and $460.71M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at FBP over the trailing three years. Absence is a fact about the company, not a signal. 21 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
FBP's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-09 | +2.0% | -8.6% |
| 2023-11-09 | -4.2% | +13.6% |
| 2024-02-29 | +6.0% | +6.0% |
| 2024-05-10 | +2.8% | +5.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
FBP's latest 8-K filings: 2026-05-12 (items 5.02, 5.07, 9.01); 2026-04-22 (items 2.02, 9.01); 2026-02-09 (items 5.02, 9.01); 2026-01-27 (items 2.02, 9.01); 2025-10-23 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 29, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.