The bank has compiled a perfect four-quarter beat streak with average earnings surprises exceeding 14% and posts best-in-class margins of 38%, yet the stock has advanced to within less than 1% of its resistance target, producing a risk/reward of 0.11-to-1 that does not support new positions; the quality case is compelling, but the entry geometry is not.
Thesis pillars
- Perfect Earnings Beat Streak→Stable
- Best In Class Margins→Stable
- Price Target Exhaustion→Stable
- +1 more pillar — see the Why tab for full reasoning
First BanCorp. New (FBP) Stock Analysis
Catalyst-Driven edge
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $27.06, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum.
First BanCorp. operates FirstBank, a Puerto Rico-chartered commercial bank, with 57 branches in Puerto Rico, 8 in the U.S. Virgin Islands and British Virgin Islands, and 8 in Florida, regulated by OCIF and the FDIC. At December 31, 2025, total assets reached $19.1 billion, with... Read more
Hold if already holding. Not a fresh buy at $27.06, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.9/10, moderate confidence.
Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity 26d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-09-25Recent Developments — First BanCorp. New
Latest news
- NEWS First Bancorp stock hits 52-week high at 24.62 USD - Investing.com — Investing.com positive
- NEWS First Bancorp stock hits 52-week high at 24.62 USD By Investing.com - Investing.com UK — Investing.com UK positive
- NEWS Why First BanCorp Shares Are Sinking So Sharply - TipRanks — TipRanks negative
- NEWS First BanCorp Declares Quarterly Cash Dividend on Common Stock - Business Wire — Business Wire positive
- NEWS First BanCorp’s (NYSE:FBP) Q1 CY2026 Sales Top Estimates - TradingView — TradingView positive
Generated 2026-09-25T23:46:58Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMGeographicPuerto Rico10-K Item 1A: 'A significant portion of our business activities and credit exposure is concentrated in Puerto Rico, which has faced prolonged economic and fiscal challenges.'
Material Events(8-K, last 90d)
- 2026-05-12Item 5.02LOWOn May 6, 2026, First BanCorp stockholders approved the 2026 Omnibus Incentive Plan authorizing 5,000,000 shares for stock-based awards to officers, employees, and directors, replacing the 2016 plan. Board-approved March 19, 2026.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $27.06, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $27.59 (+2.0%), stop $26.04 (−3.9%), A.R:R 0.4:1. Score 5.9/10, moderate confidence.
Take-profit target: $27.59 (+2.0% upside). Target $27.59 (+2.0%), stop $26.04 (−3.9%), A.R:R 0.4:1. Stop-loss: $26.04.
Analyst target reached - limited upside remaining; Negative momentum.
First BanCorp. New trades at a P/E of 11.3 (forward 10.5). TrendMatrix value score: 8.1/10. Verdict: Hold.
12 analysts cover FBP with a consensus score of 4.2/5. Average price target: $32.
What does First BanCorp. New do?First BanCorp. operates FirstBank, a Puerto Rico-chartered commercial bank, with 57 branches in Puerto Rico, 8 in the...
First BanCorp. operates FirstBank, a Puerto Rico-chartered commercial bank, with 57 branches in Puerto Rico, 8 in the U.S. Virgin Islands and British Virgin Islands, and 8 in Florida, regulated by OCIF and the FDIC. At December 31, 2025, total assets reached $19.1 billion, with $13.1 billion in loans and $16.7 billion in deposits across six segments: mortgage banking, retail, commercial, treasury, U.S. operations, and Virgin Islands operations.