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First BanCorp. (NYSE:FBP) Increases Dividend to $0.16 Per Share

First BanCorp. (NYSE:FBP – Get Free Report) announced a quarterly dividend on Thursday, February 8th, Zacks reports. Shareholders of record on Friday, February 23rd will be given a dividend of 0.16 per share by the bank on Friday, March 8th. This represents a $0.64 dividend on an annualized basis and a yield of 3.85%. The […]
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First BanCorp. (NYSE:FBP) Short Interest Update

First BanCorp. (NYSE:FBP – Get Free Report) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 2,100,000 shares, an increase of 11.7% from the January 15th total of 1,880,000 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily […]
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First BanCorp. (NYSE:FBP) Position Raised by Navellier & Associates Inc.

Navellier & Associates Inc. raised its holdings in shares of First BanCorp. (NYSE:FBP – Free Report) by 5.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,085 shares of the bank’s stock after acquiring an additional 1,317 shares […]
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Keefe, Bruyette & Woods Increases First BanCorp. (NYSE:FBP) Price Target to $19.00

First BanCorp. (NYSE:FBP – Get Free Report) had its price objective increased by Keefe, Bruyette & Woods from $18.50 to $19.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the bank’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of […]
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First BanCorp. (NYSE:FBP) Posts Quarterly Earnings Results, Beats Estimates By $0.14 EPS

First BanCorp. (NYSE:FBP – Get Free Report) issued its earnings results on Wednesday. The bank reported $0.49 EPS for the quarter, topping the consensus estimate of $0.35 by $0.14, Briefing.com reports. The company had revenue of $299.09 million during the quarter, compared to the consensus estimate of $227.75 million. First BanCorp. had a return on […]
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First BanCorp. (NYSE:FBP) EVP Nayda Rivera Sells 15,000 Shares of Stock

First BanCorp. (NYSE:FBP – Get Free Report) EVP Nayda Rivera sold 15,000 shares of First BanCorp. stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $15.76, for a total value of $236,400.00. Following the completion of the transaction, the executive vice president now owns 261,910 shares of […]
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166,915 Shares in First BanCorp. (NYSE:FBP) Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D bought a new stake in First BanCorp. (NYSE:FBP – Get Rating) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 166,915 shares of the bank’s stock, valued at approximately $2,155,000. A […]
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First BanCorp. (NYSE:FBP) Holdings Decreased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC reduced its stake in shares of First BanCorp. (NYSE:FBP – Get Rating) by 70.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,456 shares of the bank’s stock after selling 89,946 shares during the quarter. […]
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Bank of New York Mellon Corp Lowers Position in First BanCorp. (NYSE:FBP)

Bank of New York Mellon Corp cut its stake in First BanCorp. (NYSE:FBP – Get Rating) by 16.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 5,173,728 shares of the bank’s stock after selling 1,048,643 shares during the quarter. Bank of New York Mellon Corp’s holdings in First BanCorp. were worth $67,878,000 as […]
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Zacks Investment Research Upgrades First BanCorp. (NYSE:FBP) to Buy

First BanCorp. (NYSE:FBP – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday, Zacks.com reports. The brokerage presently has a $14.00 target price on the bank’s stock. Zacks Investment Research‘s target price suggests a potential upside of […]
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