First BanCorp (Puerto Rico) (NYSE: FBP) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.46 versus $0.47 for the same period a year ago — a decline of -2%. For the latest four quarters through December 31, E.P.S. were $1.82 versus $1.72 for the same period a year ago — an increase of 6%.
Recent Price Action
First BanCorp (Puerto Rico) (NYSE: FBP) stock closed at $20.73 on 1/23/25 after a very large increase of 5.8%. Moreover, unusually high trading volume at 175% of normal accompanied the advance. The stock has risen 8.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
First BanCorp (Puerto Rico) has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. First BanCorp (Puerto Rico) has a good Appreciation Score of 72 and a good Power Rating of 76, producing the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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