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Ken GriffinAdded
Citadel Advisors · Q2 2026
$3.3M
126.66K shares · 0.0% of portfolio
First Bancorp
First Bancorp (FBP) is listed on NYSE and classified in Banks - Regional, part of the Financial Services sector. It is headquartered in San Juan, United States and has 3,218 employees. The company is worth $4.17B and trades at 11.5x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $1.26B in fiscal 2025, up 2.4% from the year before. Net income was $344.87M. The share price is 8.6% below its 52-week high of $29.88. It pays a dividend yielding 2.93%, and has raised its annual dividend for 7 years in a row in our records. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $35.24M. In that quarter, 3 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +105.9% over 5Y.
today you would have $2,363.58▲ +136.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $20.73 | $18.59 | $16.45 | $12.72 | $13.78 | $9.22 | $10.59 | $8.60 | $5.10 | $6.61 | $3.25 | $5.87 | $6.19 | $4.58 | $3.49 | $6.90 | $34.50 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 2.9% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 10.4 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividend growing 0.0% a year against a 8.2% required return, from the stock’s beta.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| IBOCInternational Bancshares Corp | $67.28 | 10.1x | 1.2x | 2.17% | 12.92% | $4.18B |
| CRVLCorvel Corp | $83.88 | 36.0x | 10.4x | 0.00% | 30.70% | $4.24B |
| SLMSLM Corp | $21.76 | 6.1x | 1.8x | 2.39% | 30.33% | $4.09B |
| MCMoelis & Co | $55.06 |
| 10.4x |
| 9.6x |
| 10.3x |
| 9.6x |
| 8.0x |
| 10.5x |
| 20.0x |
| 13.9x |
| 9.3x |
| 17.0x |
| 15.4x |
| 32.5x |
| 3.1x |
| — |
| 32.7x |
| 1.6x |
| — |
| — |
| P/S | 2.2x | 2.6x | 2.5x | 2.4x | 2.3x | 3.0x | 2.5x | 3.0x | 2.6x | 1.7x | 2.1x | 1.0x | 1.8x | 2.0x | 1.4x | 0.9x | 0.2x | — |
| P/B | 0.9x | 1.7x | 1.8x | 1.8x | 1.7x | 1.3x | 0.9x | 1.0x | 0.9x | 0.6x | 0.8x | 0.4x | 0.7x | 1.1x | 0.6x | 0.5x | 0.1x | — |
| EPS | $2.15 | $1.81 | $1.71 | $1.59 | $1.31 | $0.46 | $0.76 | $0.92 | $0.30 | $0.43 | $0.10 | $1.87 | -$0.80 | $0.14 | $2.18 | -$10.79 | -$52.22 |
| Dividend yield | 2.60% | 2.60% | 3.44% | 3.40% | 3.62% | 2.25% | 2.17% | 1.32% | 0.35% | — | — | — | — | — | — | — | — | 6.09% |
| Payout | 27.02% | 25.12% | 35.36% | 32.75% | 28.93% | 23.66% | 43.48% | 18.42% | 3.26% | — | — | — | — | — | — | — | — | — |
| Profit margin | 13.85% | 27.48% | 24.37% | 26.20% | 30.95% | 30.68% | 12.72% | 21.84% | 28.50% | 10.29% | 13.85% | 3.10% | 56.42% | -26.10% | 4.33% | -10.71% | -55.16% | -41.61% |
| ROE | 5.22% | 17.53% | 17.90% | 20.22% | 23.01% | 13.37% | 4.50% | 7.51% | 9.86% | 3.58% | 5.22% | 1.26% | 23.47% | -13.53% | 2.01% | -5.69% | -49.56% | -17.21% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+72.9% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 19.2x |
| 8.1x |
| 4.72% |
| 41.45% |
| $4.08B |
| CVBFCvb Financial Corp | $23.05 | 15.6x | 1.4x | 3.47% | 7.65% | $4.06B |
| CATYCathay General Bancorp | $64.24 | 11.8x | 1.5x | 2.37% | 11.71% | $4.29B |