First Bancorp (FBP)

First BanCorp reported positive third and fourth quarter 2025 earnings, surpassing analyst estimates, and announced a $200 million share buyback program. The company increased its quarterly cash dividend by 11% to $0.20. The stock has shown positive returns and hit new 52-week highs, but short interest recently increased.

First BanCorp experiences demand seasonality, including increases in insurance commissions in the first quarter and business promotion expenses in the fourth quarter. Auto sales have shown normalization, and management anticipates some reduction in deposit costs.

First BanCorp, headquartered in San Juan, Puerto Rico, operates through subsidiaries like FirstBank Puerto Rico and FirstBank Insurance Agency, Inc., and holds a stake in PR Finance Group. The company offers financial products and services through Commercial and Corporate Banking, Consumer Banking, Mortgage Banking, and Treasury and Investments segments.

First BanCorp's primary service area is Puerto Rico, where it was founded. It also has a presence in the United States through a loan agency in Coral Gables, Florida, and in the U.S. and British Virgin Islands.

FirstBank Puerto Rico was recognized as Puerto Rico's Bank of the Year for 2022. The company is committed to community involvement, as demonstrated by its Corporate Sustainability Report and CRA-related activities. Recent news sentiment is slightly negative compared to the average for finance companies.

First BanCorp's ownership is a mix of institutional, retail, and individual investors. Institutional investors hold a significant portion of the stock, with major backing from firms like BlackRock, Inc. The President and CEO, Aurelio Aleman-Bermudez, also holds a percentage of the company's shares.