FBP: First BanCorp. - Summary | Jitta

First BanCorp.

NYSE:FBP

Price
$13.65
Loss Chance
43.5%
5.59JITTA SCORE
51.64%Under Jitta Line
Jitta Ranking
201 / 359
338 / 753
1,224 / 5,058
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (35)
Recent Business Performance (30)
Financial Strength (66)
Return to Shareholders (66)
Competitive Advantage (50)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 3 years
Dividend PayoutIncreasing Every Year
Share RepurchaseEvery Year
SG&A to SalesDecreasing
Total DepositConsistent Growth
Loan to DepositBalanced
Net Interest MarginHigh Efficiency
Operating MarginInconsistent
Key Stats
Jitta Score
Jitta Line
5.59
51.64%
5.84
9.83%
4.88
123.06%
Regional Banks
7.06
63.52%
7.07
63.22%
7.56
54.11%
COMPANY DESCRIPTION
First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to consumers and commercial customers. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, as well as other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; acquisition and sale of mortgages in the secondary markets; and purchase of mortgage loans from other local banks and mortgage bankers. The Consumer (Retail) Banking segment provides auto loans, finance leases, boat and personal loans, credit card loans, and lines of credit; and interest-bearing and non-interest-bearing checking and savings accounts, and individual retirement accounts and retail certificates of deposit (CDs), as well as insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans, residential mortgages, home equity loans, lines of credit, FHLB advances, and brokered CDs; and internet banking, cash management, remote deposit capture, and automated clearing house transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.