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Upturn AI Summary - About
First BanCorp.(FBP)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FBP
10/22/2026: FBP (5-star) is currently NOT-A-BUY. Pass it for now.
First BanCorp. is a well-established regional banking institution primarily serving Puerto Rico with a stable deposit franchise and a history of resilience through economic cycles. The company benefits from a solid capital position and a leading role in its local market, making it an attractive consideration for value and dividend-focused investors. Its primary growth story revolves around digital transformation and potential expansion into targeted mainland US markets. However, its geographic concentration remains a key risk factor, alongside sensitivities to interest rate fluctuations and regional economic trends. Investors should monitor progress in operational efficiency and the stability of the Puerto Rican economy to evaluate long-term performance.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers moderate growth potential linked to the regional economy rather than high-growth tech expansion. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors may find opportunity during periods of positive price trends in the banking sector. |
| Value investor | Strong fit | The bank often trades at valuation multiples that appeal to value-oriented investors seeking established financial institutions. |
| Dividend investor | Strong fit | The company's history of dividend payments provides a stable income stream for income-focused portfolios. |
| Low-risk investor | Mixed fit | While established, the geographic concentration in Puerto Rico introduces risks that may not suit the most conservative investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Banking stocks are often subject to broader market and interest rate fluctuations. |
| Valuation risk | Medium | Investors must assess whether current price multiples adequately reflect future interest rate environments. |
| Competition risk (Regional banking concentration) | High | The concentrated nature of the Puerto Rico market makes competition for quality loans intense. |
| Business quality | Medium | The firm maintains a solid franchise but is tied to the specific economic health of its primary region. |
| Dividend income | Medium | Dividend sustainability depends on consistent earnings which are subject to economic cycles. |
| Execution risk | Medium | Successfully navigating regulatory changes and digital integration is vital for long-term health. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 45% | Avg. Invested days 69 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/22/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.17B USD | Price to earnings Ratio 11.58 | 1Y Target Price 31.43 |
Price to earnings Ratio 11.58 | 1Y Target Price 31.43 | ||
Volume (30-day avg) 1.5M shares | Beta 0.83 | 52 Weeks Range 18.53 - 29.67 | Updated Date 10/22/2026 |
52 Weeks Range 18.53 - 29.67 | Updated Date 10/22/2026 | ||
Dividends yield (FY) 2.76% | Basic EPS (TTM) 2.36 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Net Interest Income | Interest earned on commercial, consumer, and mortgage loans minus interest paid on deposits. | The bank primarily profits from the spread between what it earns on loans and pays on deposits. |
| Non-Interest Income | Service fees, wealth management commissions, and mortgage banking activities. | Additional revenue is generated from fees for services provided to customers. |
| Geography: Puerto Rico | Banking operations across the island. | Most revenue comes from the Puerto Rican economy, making it a key area to watch. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-10-22 | When Before Market | Estimate 0.58 | Actual 0.63 |
Profitability
Profit Margin 39.04% | Operating Margin (TTM) 49.1% |
Management Effectiveness
Return on Assets (TTM) 1.95% | Return on Equity (TTM) 19.49% |
Valuation
Trailing PE 11.58 | Forward PE 20.75 | Enterprise Value 3.78B | Price to Sales(TTM) 4.37 |
Enterprise Value 3.78B | Price to Sales(TTM) 4.37 | ||
Enterprise Value to Revenue 4.33 | Enterprise Value to EBITDA - | Shares Outstanding 152.67M | Shares Floating 147.81M |
Shares Outstanding 152.67M | Shares Floating 147.81M | ||
Percent Insiders 1.8 | Percent Institutions 98.31 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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