How to Buy First Bancorp Stock
First Bancorp
First Bancorp is a bank company located in Puerto Rico, which is part of the Financial Services sector, and is traded under the ticker FBP on the NYSE exchange.
First Bancorp stock last closed at $17.16, down 0.41% from the previous day, and has increased 51.32% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.36 percentage points. First Bancorp stock is currently +68.57% from its 52-week low of $10.18, and -3.08% from its 52-week high of $17.71.
There are currently 167.32M shares of FBP outstanding. The market capitalization of FBP is $2.87B. In the last 24 hours, 1.38M FBP shares were traded.
How to Buy First Bancorp Stock
Not sure how to invest in First Bancorp stock? Here's how.
- Decide where to buy First Bancorp stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy First Bancorp stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Research First Bancorp stock: The First Bancorp ticker symbol is FBP. Is First Bancorp stock a good investment? Should you buy shares of FBP? How do FBP's underlying business fundamentals look? Do top analysts think First Bancorp is a good buy? Why has FBP's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if FBP is a good stock to buy).
- Execute your FBP buy order: Decide if you will purchase FBP shares at the current market price or use a limit order to buy FBP shares at a given price.
- Get the latest scoop on your FBP position: Create a watchlist to get the latest news on your investment in First Bancorp shares.
Step 1: Decide where to buy First Bancorp stock
You need an online brokerage account in order to access the NYSE market and buy FBP stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you can buy FBP stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on the best investment app, you can securely and quickly fund your account:
Watch the video below if you need help depositing money into your new investment account.
Step 4: Research First Bancorp stock
Once you have selected the best place to buy First Bancorp stock, it's crucial to research their stock before you buy, so you actually comprehend the risk and upside.
First Bancorp shares at a glance
First Bancorp Due Diligence Checks
WallStreetZen was designed to help average investors do better fundamental analysis.
You can view all of the due diligence checks on FBP's stock page.
Is FBP stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge FBP's fair value.
Using relative valuations measures:
- FBP may be undervalued based on its P/E ratio of 9.98x, relative to Banks - Regional industry P/E ratio of -10.89x
- FBP could be overvalued based on its P/B ratio of 1.92x, relative to Banks - Regional industry P/B ratio of 0.99x
- FBP could be overvalued based on its PEG ratio of 1.03x
You can do more valuation research on FBP's stock here.
A look at FBP Cashflows and Balance Sheet
Signs that FBP is financially healthy:
- FBP's operating cash flow of $362.96M allows it to safely service it's debt of $1.16B.
- FBP profit margin has gone up from 34.3% to 34.9% in the past year.
- FBP earnings of $397.44M is not enough to cover its interest payments.
Signs that FBP is not financially healthy:
- Total FBP debt is higher than 5 years ago, relative to shareholder equity.
- FBP has a relatively high debt to equity ratio of 11.63.
Is it a good time to buy First Bancorp stock, according to Wall Street analysts?
Out of 2 sell side analysts who monitor FBP, the consensus analyst rating on FBP is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the First Bancorp stock forecast page.
FBP Momentum
How are FBP Revenues/Earnings doing?
Last year, FBP earnings were $302.86M. During the last five year, FBP's earnings have grown by 13.33% per year. This was slower than the Banks - Regional industry average of 16.34%.
Last year, FBP revenue was $868.86M. In the last five year, FBP's revenue has gone up by 9.63% per year. This was faster than the Banks - Regional industry average of 7.34%.
Dig into FBP's earnings and revenue performance here.
Latest Insiders Trades at FBP
In the past 12 months, insiders at FBP have sold more shares than they have bought.
Aurelio Aleman, President and CEO of FBP, was the latest FBP insider to sell. They sold $205,621.42 worth of FBP stock on Mar 31, 2024.
Get more info about who owns FBP shares here.
Can I get consistent income from FBP stock?
First Bancorp pays a dividend of 3.38%, compared to the Banks - Regional industry's average dividend yield of 3.82%. If you owned $1,000 worth of FBP stock, you would have received $33.80 in the past 12 months.
First Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Get more info about First Bancorp dividend yield and history here.
FBP Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your FBP buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you require additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your FBP position
Now that you own some FBP stock, you'll want to keep up with your investment.
Put FBP on a watchlist to get the latest updates about your FBP stock.
FBP Feed
How to Buy Stock in First Bancorp
To summarize, here are the 6 steps to buy First Bancorp stock:
- Decide where to buy First Bancorp stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research First Bancorp stock
- Execute your FBP buy order
- Get the latest scoop on your FBP position
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in First Bancorp, add FBP to your watchlist by clicking the button below.
Related Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.