First Bancorp (NYSE:FBP) will be posting its quarterly earnings results after the market closes on Thursday, January 25th.

First Bancorp (NYSE:FBP) last announced its quarterly earnings data on Monday, November 6th. The bank reported $0.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.02. First Bancorp had a return on equity of 5.71% and a net margin of 9.83%. On average, analysts expect First Bancorp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of First Bancorp (FBP) opened at $5.46 on Thursday. First Bancorp has a twelve month low of $4.48 and a twelve month high of $7.02. The firm has a market capitalization of $1,180.00, a P/E ratio of 18.20, a price-to-earnings-growth ratio of 0.92 and a beta of 1.93. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.03 and a quick ratio of 1.03.

A number of equities research analysts have weighed in on the company. Zacks Investment Research lowered First Bancorp from a “buy” rating to a “hold” rating in a report on Friday, October 13th. Piper Jaffray Companies reissued a “buy” rating and set a $7.50 price target on shares of First Bancorp in a research note on Friday, November 10th. ValuEngine lowered First Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. TheStreet lowered First Bancorp from a “b-” rating to a “c” rating in a research note on Tuesday, November 7th. Finally, Bank of America decreased their price target on First Bancorp from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $6.60.

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About First Bancorp

First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.

Earnings History for First Bancorp (NYSE:FBP)

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