FBP: First BanCorp. - Summary | Jitta

First BanCorp.

NYSE:FBP

Price
$15.03
Loss Chance
44.7%
6.77JITTA SCORE
49.48%Over Jitta Line
Jitta Ranking
260 / 319
462 / 729
2,254 / 5,062
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (62)
Recent Business Performance (79)
Financial Strength (72)
Return to Shareholders (53)
Competitive Advantage (63)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 3 years
Recent Business PerformanceEarning Growth Last Year
Dividend PayoutIncreasing Every Year
SG&A to SalesDecreasing
Total DepositConsistent Growth
Loan to DepositBalanced
Net Interest MarginHigh Efficiency
Operating MarginInconsistent
Key Stats
Jitta Score
Jitta Line
6.77
49.48%
6.15
108.54%
5.16
256.45%
Regional Banks
6.94
28.34%
6.65
47.67%
7.73
65.99%
COMPANY DESCRIPTION
First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. 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 and floor plan financings; and 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, boat, credit card, and personal loans; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); and finance leasing and 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; and internet banking, cash management, remote deposit capture, and automated clearing house, and transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. The company operates 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.