First Story

FBP -- USA Stock

USD 10.67 0.39 3.53%

Macroaxis Story

First BanCorp New is scheduled to announce its earnings today. The next earnings report is expected on the 29th of April 2021. First BanCorp Invested Capital Average is very stable at the moment as compared to the past year. First BanCorp reported last year Invested Capital Average of 11.47 Billion. As of 29th of January 2021, Market Capitalization is likely to grow to about 2.9 B, while Free Cash Flow is likely to drop about 302.2 M. While some millenniums are indifferent towards financial services space, it makes sense to recap First BanCorp New as a unique investment alternative. I will address a few possible reasons insiders do not currently respect this stock.

Published over three weeks ago

View all stories for First Bancorp | View All Stories

Should I short my First (NYSE:FBP) position?

First BanCorp New has 1.09 B in debt with debt to equity (D/E) ratio of 6.42, demonstrating that First BanCorp may be unable to create cash to meet all of its financial commitments. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. First BanCorp has an asset utilization ratio of 3.9 percent. This suggests that the company is making $0.039 for each dollar of assets. An increasing asset utilization means that First BanCorp New is more efficient with each dollar of assets it utilizes for everyday operations.

First Bancorp financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of First Bancorp, including all of First Bancorp's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of First Bancorp assets, the company is considered highly leveraged. Understanding the composition and structure of overall First Bancorp debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it.

Please read more on our technical analysis page.

How important is First Bancorp's Liquidity

First Bancorp financial leverage refers to using borrowed capital as a funding source to finance First Bancorp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. First Bancorp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between First Bancorp's total debt and its cash.

How First utilizes its cash?

To perform a cash flow analysis of First Bancorp, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash First Bancorp is receiving and how much cash it distributes out in a given period. The First Bancorp cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

First Bancorp Net Cash Flow from Operations is very stable at the moment as compared to the past year. First Bancorp reported last year Net Cash Flow from Operations of 338.43 Million

Detailed Perspective On First Bancorp

The recent price roll up of First BanCorp New could raise concerns from insiders as the firm it trading at a share price of 9.17 on 834,146 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in March. The stock standard deviation of daily returns for 30 days investing horizon is currently 3.34. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from First BanCorp partners.

Asset Breakdown

	Total Assets	11.4 Billion
	Goodwill	31.92 Million
	Tax Assets	248.89 Million

Breaking up First BanCorp recent price decline

The treynor ratio is down to 1.49 as of today. As of the 29th of January, First BanCorp shows the Mean Deviation of 2.41, coefficient of variation of 632.25, and Downside Deviation of 2.28. First BanCorp New technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for First BanCorp New, which can be compared to its rivals. Please confirm First BanCorp New variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if First BanCorp New is priced favorably, providing market reflects its regular price of 9.17 per share. Given that First BanCorp has jensen alpha of 0.4448, we urge you to verify First BanCorp New's prevailing market performance to make sure the company can sustain itself at a future point.

Our Conclusion on First BanCorp

Although other companies within the banks?regional industry are still a little expensive, even after the recent corrections, First BanCorp may offer a potential longer-term growth to insiders. To summarize, as of the 29th of January 2021, our analysis shows that First BanCorp hyperactively responds to market trends. The firm is undervalued and projects below average odds of financial turmoil for the next 2 years. Our overall 30 days buy-or-sell advice on the firm is Strong Buy.

About Contributor

Raphi Shpitalnik is a Junior Member of Macroaxs Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time base at the beginning of the pandemic and eventually acquired a real test for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of First Bancorp. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2021 Macroaxis LLC