Based on the 15-minute chart of First Bancorp, the KDJ Death Cross and Bearish Marubozu indicators have been triggered, as observed on September 17, 2025 at 12:30. This suggests that the momentum of the stock price is shifting towards the downside and there is a potential for further decline. The sellers appear to be in control of the market, and this bearish momentum is likely to continue.
First Bancorp's stock experienced a significant shift in momentum on September 17, 2025, at 12:30, as indicated by the KDJ Death Cross and Bearish Marubozu indicators on its 15-minute chart. These technical indicators suggest a potential downward trend in the stock price, with sellers gaining control of the market. The KDJ Death Cross signals a reversal from a bullish to a bearish trend, while the Bearish Marubozu pattern indicates strong selling pressure and a potential for further decline.
Institutional investors have been actively adjusting their positions in First Bancorp. Voya Investment Management LLC increased its stake by 4.1%, owning 686,326 shares valued at $13.16 million as of its latest SEC filing
Voya Investment Management LLC Raises Stock Position in First BanCorp. $FBP[1]. Other notable institutional investors, including American Century Companies Inc., Alliancebernstein L.P., Price T Rowe Associates Inc., Lord Abbett & CO. LLC, and LSV Asset Management, also increased their holdings in the first quarter
Voya Investment Management LLC Raises Stock Position in First BanCorp. $FBP[1].
The company's latest quarterly earnings report, released on July 22, 2025, showed earnings per share (EPS) of $0.50, exceeding analysts' consensus estimates of $0.47. First Bancorp's revenue for the quarter was $246.81 million, compared to the consensus estimate of $250.73 million. The firm reported a return on equity of 17.54% and a net margin of 24.71%.
First Bancorp recently declared a quarterly dividend of $0.23 per share, up from $0.18, reflecting a 4.3% yield and a payout ratio of 38.30%. The dividend will be paid on October 25, 2025, to shareholders of record on September 30, 2025
Voya Investment Management LLC Raises Stock Position in First BanCorp. $FBP[1].
Analysts have shown mixed sentiments towards First Bancorp. Wells Fargo & Company raised its target price for First Bancorp shares from $22.00 to $25.00 and assigned an "overweight" rating
Voya Investment Management LLC Raises Stock Position in First BanCorp. $FBP[1]. Research firms such as Piper Sandler, Keefe, Bruyette & Woods, Zacks Research, and Stephens have also released reports, with varying ratings and target prices
Goldman Sachs Group Inc. Sells 363,765 Shares of First Bancorp $FBNC[2].
First Bancorp operates as a bank holding company for FirstBank Puerto Rico, offering a range of financial products and services to consumers and commercial customers. The company's stock has a market capitalization of $2.19 billion, a P/E ratio of 22.62, and a beta of 1.00. It has a 52-week low of $34.50 and a 52-week high of $56.45
Goldman Sachs Group Inc. Sells 363,765 Shares of First Bancorp $FBNC[2].
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