First Bancorp Company Insiders

FBP Stock  USD 16.29  0.31  1.87%   
First Bancorp's insiders are aggressively selling. The analysis of insiders' sentiment of trading First Bancorp stock suggests that virtually all insiders are panicking at this time. First Bancorp employs about 3.2 K people. The company is managed by 40 executives with a total tenure of roughly 292 years, averaging almost 7.0 years of service per executive, having 79.2 employees per reported executive.
Aurelio AlemanBermudez  CEO
President, Chief Executive Officer, Director
Roberto Herencia  Chairman
Non-Executive Independent Chairman of the Board

First Bancorp's Insider Buying Vs Selling

0

 
Selling
 
Buying

Latest Trades

2024-03-15Crespo LuzDisposed 10000 @ 16.47View
2024-03-05Nayda RiveraDisposed 15000 @ 17.12View
2024-01-30Michael McdonaldDisposed 57600 @ 17.34View
2023-12-15Carlos PowerDisposed 9433 @ 16.5View
2023-12-07Aurelio AlemanDisposed 50000 @ 15.79View
2023-12-05Nayda RiveraDisposed 15000 @ 15.76View
Monitoring First Bancorp's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in First Stock, please use our How to Invest in First Bancorp guide.

First Bancorp's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with First Bancorp's future performance. Based on our forecasts, it is anticipated that First will maintain a workforce of slightly above 3170 employees by May 2024.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

First Bancorp's latest congressional trading

Congressional trading in companies like First Bancorp, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in First Bancorp by those in governmental positions are based on the same information available to the general public.
2023-07-10Representative Daniel GoldmanDisposed Under $15KVerify

First Bancorp Management Team Effectiveness

The company has Return on Asset of 0.0161 % which means that on every $100 spent on assets, it made $0.0161 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2146 %, implying that it generated $0.2146 on every 100 dollars invested. First Bancorp's management efficiency ratios could be used to measure how well First Bancorp manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/18/2024, Return On Equity is likely to grow to 0.21, while Return On Tangible Assets are likely to drop 0.01. At this time, First Bancorp's Non Current Liabilities Total is relatively stable compared to the past year. As of 04/18/2024, Total Current Liabilities is likely to grow to about 12.8 B, while Liabilities And Stockholders Equity is likely to drop slightly above 12.3 B.
As of 04/18/2024, Common Stock Shares Outstanding is likely to grow to about 186 M. Also, Net Income Applicable To Common Shares is likely to grow to about 368.4 M

First Bancorp Workforce Comparison

First Bancorp is rated # 2 in number of employees category among related companies. The total workforce of Financials industry is currently estimated at about 27,307. First Bancorp retains roughly 3,168 in number of employees claiming about 12% of equities under Financials industry.

First Bancorp Profit Margins

The company has Net Profit Margin of 0.35 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.43 %, which entails that for every 100 dollars of revenue, it generated $0.43 of operating income.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.830.8773
Notably Down
Slightly volatile

First Bancorp Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, First Bancorp insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-03-01
0.7391
34
46
 476,784 
 374,503 
2023-12-01
0.4
2
5
 3,185 
 139,689 
2023-09-01
1.4
7
5
 22,497 
 778.00 
2023-03-01
0.881
37
42
 876,532 
 681,241 
2022-12-01
0.1667
1
6
 2,557 
 68,334 
2022-09-01
0.5455
6
11
 21,924 
 160,719 
2022-03-01
0.9375
30
32
 456,152 
 283,358 
2021-12-01
0.2
1
5
 2,930 
 75,651 
2021-09-01
1.6
8
5
 23,619 
 4,766 
2021-06-01
0.1176
2
17
 2,737 
 275,120 
2021-03-01
1.0
44
44
 904,307 
 646,567 
2020-12-01
0.5
2
4
 7,413 
 114,336 
2020-09-01
1.1667
7
6
 65,129 
 1,380 
2020-03-01
1.5882
27
17
 993,720 
 57,894 
2019-12-01
3.0
3
1
 6,000 
 5,300 
2019-09-01
0.875
7
8
 44,088 
 3,717 
2019-03-01
1.5333
23
15
 335,557 
 145,634 
2018-12-01
0.5
1
2
 2,000 
 26,760 
2018-09-01
1.125
9
8
 70,447 
 6,961 
2018-06-01
0.9216
94
102
 137,207 
 225,807 
2018-03-01
1.1319
103
91
 694,819 
 313,120 
2017-12-01
1.0294
70
68
 179,317 
 57,280 
2017-09-01
0.9545
84
88
 293,389 
 30,059,110 
2017-06-01
0.5271
68
129
 140,438 
 2,534,810 
2017-03-01
0.9381
91
97
 935,594 
 46,251,013 
2016-12-01
0.9444
68
72
 140,560 
 31,108,350 
2016-09-01
0.9765
83
85
 308,487 
 78,888 
2016-06-01
0.9429
66
70
 189,101 
 56,504 
2016-03-01
1.0
79
79
 1,764,429 
 231,303 
2015-12-01
0.9818
54
55
 162,029 
 61,113 
2015-09-01
1.0441
71
68
 351,452 
 59,916 
2015-06-01
0.7971
55
69
 88,757 
 47,829 
2015-03-01
1.1806
85
72
 733,307 
 30,692 
2014-12-01
1.0
71
71
 99,123 
 35,784 
2014-09-01
1.1077
72
65
 257,612 
 42,065 
2014-06-01
1.1111
70
63
 298,240 
 27,803 
2014-03-01
1.0169
60
59
 752,661 
 72,827 
2013-12-01
1.0175
58
57
 76,355 
 27,662 
2013-09-01
1.0
58
58
 99,357 
 35,377,779 
2013-06-01
1.4583
35
24
 619,090 
 37,209 
2011-12-01
39.0
39
1
 5,253,871 
 1,666 
2010-09-01
0.3846
5
13
 3,174,721 
 272,450 
2009-03-01
12.0
12
1
 128,160 
 80,000 
2008-09-01
1.0
1
1
 100,000 
 100,000 
2006-03-01
1.3889
25
18
 4,890,000 
 4,191,000 
2005-06-01
10.6667
32
3
 651,803 
 12,625 
2005-03-01
1.0
3
3
 11,225 
 206,725 
2004-12-01
0.193
11
57
 88,735 
 132,484 
2004-09-01
1.3333
4
3
 93,000 
 38,000 
2004-03-01
3.5714
25
7
 636,270 
 244,220 
2003-12-01
0.3333
1
3
 2,250 
 30,000 

First Bancorp Notable Stakeholders

A First Bancorp stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as First Bancorp often face trade-offs trying to please all of them. First Bancorp's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting First Bancorp's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Aurelio AlemanBermudezPresident, Chief Executive Officer, DirectorProfile
Roberto HerenciaNon-Executive Independent Chairman of the BoardProfile
Ginoris VizcarraExecutive Vice President, Director of Strategic Management and Retail BankingProfile
Michael McDonaldExecutive Vice President Business Group ExecutiveProfile
Donald KafkaChief Operating Officer, Executive Vice PresidentProfile
Nayda RiveraBatistaExecutive Vice President Chief Risk OfficerProfile
Thomas McDonaldExecutive Vice President Business Group ExecutiveProfile
Peck ODellExecutive Vice President General Counsel, SecretaryProfile
Calixto GarciaVelezExecutive Vice President ; Florida Regional Executive and Special Assets Group DirectorProfile
Emilio MartinoValdesExecutive Vice President and Chief Lending Officer of FirstBankProfile
Carlos PietrantoniExecutive Vice President Consumer Lending Business ExecutiveProfile
Lawrence OdellExecutive Vice President General Counsel, SecretaryProfile
Orlando BergesGonzalezExecutive Vice President, Chief Financial Officer and Interim Chief Accounting OfficerProfile
Ginoris LopezLayExecutive Vice President Retail and Banking DirectorProfile
Orlando CPAExecutive CFOProfile
Cassan PanchamExecutive VP, Bus. Group Executive and Executive VP of FirstBank Puerto RicoProfile
Patricia EavesNon-Executive Independent DirectorProfile
Jose MenendezCortadaIndependent DirectorProfile
Joshua BreslerIndependent DirectorProfile
Robert GormleyIndependent DirectorProfile
Tracey DedrickNon-Executive Independent DirectorProfile
John HeffernNon-Executive Independent DirectorProfile
Daniel FryeNon-Executive Independent DirectorProfile
Thomas HagertyIndependent DirectorProfile
Juan ReboyrasNon-Executive Independent DirectorProfile
Felix VillamilNon-Executive Independent DirectorProfile
David MatsonIndependent DirectorProfile
Michael HarmonIndependent DirectorProfile
Luz CrespoNon-Executive Independent DirectorProfile
Sara AlvarezCabreroExecutive Vice President General Counsel, Secretary of the Board of DirectorsProfile
Lilian DiazBentoExecutive Vice President Business Group DirectorProfile
Jose LacasaExecutive Vice President Florida Business DirectorProfile
Said OrtizChief Accounting OfficerProfile
Aurelio AlemnBermudezCEO PresProfile
Nayda CPAExecutive OfficerProfile
CPA CPAEx CFOProfile
Juan PaviaExecutive Vice President Chief Credit OfficerProfile
Ginoris LpezLayEx DirectorProfile
Said CPAController OfficerProfile
Ramon CFASenior RelationsProfile

About First Bancorp Management Performance

The success or failure of an entity such as First Bancorp often depends on how effective the management is. First Bancorp management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of First management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the First management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.01 
Return On Capital Employed 0.15  0.14 
Return On Assets 0.02  0.01 
Return On Equity 0.20  0.21 
The data published in First Bancorp's official financial statements usually reflect First Bancorp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of First Bancorp. For example, before you start analyzing numbers published by First accountants, it's critical to develop an understanding of what First Bancorp's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of First Bancorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Bancorp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in First Bancorp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Bancorp. Please utilize our Beneish M Score to check the likelihood of First Bancorp's management manipulating its earnings.

First Bancorp Workforce Analysis

Traditionally, organizations such as First Bancorp use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare First Bancorp within its industry.

First Bancorp Manpower Efficiency

Return on First Bancorp Manpower

Revenue Per Employee364.5K
Revenue Per Executive28.9M
Net Income Per Employee95.6K
Net Income Per Executive7.6M
When determining whether First Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in First Stock, please use our How to Invest in First Bancorp guide.
Note that the First Bancorp information on this page should be used as a complementary analysis to other First Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for First Stock analysis

When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is First Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancorp. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.158
Dividend Share
0.56
Earnings Share
1.71
Revenue Per Share
4.891
Quarterly Revenue Growth
(0.04)
The market value of First Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.