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↑Improving
- Best In Class Margins→Stable
- Price Target Exhaustion→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 27, 2026
First BanCorp. New (FBP) Stock Analysis
Financial Services · Banks - Regional
Wait for pullback to $25.35. At $26.68 the A.R:R is 0.3:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $25.35 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Weak growth.
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
Wait for pullback to $25.35. At $26.68 the A.R:R is 0.3:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $25.35 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 5.6/10, moderate confidence.
Passes 4/7 gates (clean insider activity, earnings proximity 89d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-10-29Recent Developments — First BanCorp. New
Latest news
- NEWS Analysts Offer Insights on Financial Companies: First Bancorp Puerto Rico (FBP) and Nu Holdings (NU) - The Globe and Mai — The Globe and Mail neutral
- 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
Generated 2026-10-29T11:20:25Z.
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. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Growth 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
Wait for pullback to $25.35. At $26.68 the A.R:R is 0.3:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $25.35 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $27.09 (+1.5%), stop $24.27 (−9.9%), A.R:R 0.3:1. Score 5.6/10, moderate confidence.
Take-profit target: $27.09 (+1.6% upside). Target $27.09 (+1.5%), stop $24.27 (−9.9%), A.R:R 0.3:1. Stop-loss: $24.27.
Analyst target reached - limited upside remaining; Weak growth.
First BanCorp. New trades at a P/E of 11.2 (forward 10.5). TrendMatrix value score: 8.1/10. Verdict: Buy (Wait for Entry).
12 analysts cover FBP with a consensus score of 4.2/5. Average price target: $31.
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.