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Market News

Strategic Shift: First BanCorp (FBP) Adjusts Guidance Amid Commercial Prepayments and Macro Shifts

Despite record annual earnings, First BanCorp (FBP) management has moderated its loan growth outlook into 2026. Total loans grew by 3% in 2025, falling slightly below the original 5% target due to elevated commercial loan payoffs and a deceleration in consumer production during the second half of the year. Management has reiterated a conservative organic […]

January 27, 2026 2 min read

Despite record annual earnings, First BanCorp (FBP) management has moderated its loan growth outlook into 2026. Total loans grew by 3% in 2025, falling slightly below the original 5% target due to elevated commercial loan payoffs and a deceleration in consumer production during the second half of the year. Management has reiterated a conservative organic […]

Analyst sentiment remains cautiously optimistic. On January 27, 2026, several research notes highlighted the bank’s 11% dividend hike to $0.20 per share as a sign of balance sheet strength. While no major downgrades occurred today, price targets from firms such as UBS and Wells Fargo remain centered between $23.00 and $25.00, suggesting modest upside from current levels as the bank continues its share buyback program, which returned approximately 95% of net income to shareholders in 2025.

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