First BanCorp (Puerto Rico) (FBP)
NYSEFinancialsBanks - RegionalSnapshot 2026-11-04
$26.53+1.07%
Close 2026-11-04 · 1-day change
NYSEFinancialsBanks - RegionalSnapshot 2026-11-04
QuarterlyIQ Insights · FBP
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 2.8% |
| Our one-year growth estimate | diamond | -1.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 4.1 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 230 industry peers · Company calendar date is not available
FBP — CFO transition
Dated 2026-07-01
Chief Financial Officer — Said Ortiz: Orlando Berges retired and entered into a consulting agreement, while Said Ortiz was appointed as the new Executive Vice President and Chief Financial Officer.
Why it matters: The margin fell from 4.87% to 4.73% in Q3 as deposit costs rose. Another drop would add pressure to interest income.
Worry ifQ4 net interest margin is below 4.73%, and deposit costs rise again from Q3.
Less concerning ifQ4 net interest margin holds at or above 4.73%, with deposit costs flat or lower.
Why it matters: The new plan and higher dividend show a clear capital return plan. Actual buybacks will show how much capital goes back to owners.
Supportive ifA company filing or earnings report shows buybacks under the new $350 million plan after Q3.
Worry ifThe company reports no buybacks under the plan in the next two quarters, or pauses the plan.
Why it matters: Loans grew 3.3% annualized in Q3, with growth across all markets. A slowdown would weaken the growth story.
Supportive ifQ4 linked-quarter loan growth tops 3% annualized. Growth spans the company’s markets.
Worry ifQ4 linked-quarter loan growth is zero or less, or below 1% annualized.
Why it matters: Q3 charge-offs rose, mainly in auto loans. Late payments also grew. Further increases would point to more credit strain.
Worry ifQ4 auto loan charge-offs rise above Q3, or early delinquent loans rise above $155.5 million.
Less concerning ifQ4 auto loan charge-offs fall from Q3, and early delinquent loans fall below $155.5 million.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$76 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $169 loss on $10,000 · 1.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,205 loss on $10,000 · 12.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.