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    First BanCorp (FBP)

    Market Price (8/7/2026): $29.06 | Market Cap: $4.5 BilSector: Financials | Industry: Regional Banks

    First BanCorp (FBP)

    Market Price (8/7/2026): $29.06
    Market Cap: $4.5 Bil
    Sector: Financials
    Industry: Regional Banks

    Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

    0

    Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.2%, FCF Yield is 9.9%

    Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -101%

    Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 46%

    Low stock price volatility
    Vol 12M is 25%

    Uninsured deposits are low
    Uninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 15%

    Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, Wealth Management Technology, Show more.

    Trading close to highs
    Dist 52W High is -0.8%, Dist 3Y High is -0.8%

    Moderate capital ratio
    Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 10%

    Key risks
    FBP key risks include [1] a significant operational concentration in Puerto Rico, Show more.

    0 Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.2%, FCF Yield is 9.9%
    1 Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -101%
    2 Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 46%
    3 Low stock price volatility
    Vol 12M is 25%
    4 Uninsured deposits are low
    Uninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 15%
    5 Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, Wealth Management Technology, Show more.
    6 Trading close to highs
    Dist 52W High is -0.8%, Dist 3Y High is -0.8%
    7 Moderate capital ratio
    Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 10%
    8 Key risks
    FBP key risks include [1] a significant operational concentration in Puerto Rico, Show more.

    FBP in ETFs

    Weight = FBP's share of each fund

    ITOT0.00%
    IWM0.14%
    IJR0.25%
    VYM0.02%
    VB0.05%
    KRE1.1%
    AVUV0.48%
    NUSC0.33%
    +16 more covered ETFs

    Valuation & Metrics

    FYE: 12/31FBP [1]S&P 500 [2]
    REVENUE GROWTH
    LTM Revenue [3]$969.8 Mil—
    FY 2026 Sales$1.1 Bil—
    FY 2027 Sales$1.1 Bil—
    FY 2026 Sales Growth12.0%—
    FY 2027 Sales Growth4.4%13.0%
    EARNINGS
    LTM Net Income (GAAP) [3]$356.6 Mil—
    FY 2026 Net Income (Non-GAAP)$367.1 Mil—
    FY 2027 Net Income (Non-GAAP)$367.2 Mil—
    FY 2027 Net Income Growth0.0%19.0%
    FY 2026 EPS (Non-GAAP)$2.37—
    FY 2027 EPS (Non-GAAP)$2.52—
    FY 2027 EPS Growth6.3%—
    VALUATION
    FY 2026 P/S4.21.7
    FY 2027 P/S4.0—
    FY 2026 P/E12.38.1
    FY 2027 P/E12.3—

    [1] FBP forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
    [2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 8/31/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
    [3] LTM = reported trailing-twelve-month actuals (GAAP).
    FBPS&P 500
    REVENUE GROWTHPOOR
    Rev LTM ($ Bil)1.0
    Rev Chg Q3.3%9.3%
    Rev Chg LTM5.2%7.9%
    Rev Chg 3Y Avg2.3%5.8%
    PROFITABILITYVERY GOOD
    Op Inc LTM ($ Bil)�
    CFO LTM ($ Bil)0.5
    Net Inc LTM ($ Bil)0.4
    CFO/Rev LTM47.6%21.8%
    Net Inc Mgn36.8%13.0%
    VALUATIONLOW
    P/S4.73.3
    P/CFO9.815.7
    P/FCF10.120.3
    P/E12.724.1

    AI Analysis | Feedback

    MetricValueDateSource
    Number of Employees311312312024Link
    Number of Customersmore than 670,00012312022Link
    Number of Branches11312312024Link

    Price Chart

    Recent
    7/22/2026Earnings ReleaseRev: $264 Mil (A) vs. $265 Mil (E)
    EPS: 0.62 (A) vs. $0.54 (E)
    Upcoming
    8/27/2026DividendAmount: $0.20
    Payment On: 9/11/2026
    10/22/2026Earnings ReleaseRev: $274 Mil (E)
    EPS: $0.58 (E)

    Why The Stock Moved

    Qualitative Assessment

    AI Analysis | Feedback

    Updated on 8/1/2026

    First BanCorp (FBP) stock has gained about 20% since 4/30/2026 because of the following key factors:

    1. Strong Fiscal Q2 2026 Earnings Beat: First BanCorp significantly surpassed analyst expectations in its fiscal Q2 2026, which ended June 30, 2026, reporting adjusted earnings per share (EPS) of $0.62, a 14.8% beat over the consensus estimate of $0.54. The company's net income for the quarter increased 24% year-over-year to $96.1 million.

    2. Expanded Net Interest Income and Margin: The bank reported robust growth in net interest income, reaching $229.1 million in fiscal Q2 2026, an increase of $8.1 million compared to fiscal Q1 2026. This was accompanied by a 12 basis point expansion in its net interest margin, which reached 4.87%, driven by the deployment of cash flows into higher-yielding assets and the acceleration of unamortized purchase discounts and net deferred fees from refinancings.

    Show more
    Updated on 8/1/2026

    First BanCorp (FBP) stock has gained about 20% since 4/30/2026 because of the following key factors:

    1. Strong Fiscal Q2 2026 Earnings Beat: First BanCorp significantly surpassed analyst expectations in its fiscal Q2 2026, which ended June 30, 2026, reporting adjusted earnings per share (EPS) of $0.62, a 14.8% beat over the consensus estimate of $0.54. The company's net income for the quarter increased 24% year-over-year to $96.1 million.

    2. Expanded Net Interest Income and Margin: The bank reported robust growth in net interest income, reaching $229.1 million in fiscal Q2 2026, an increase of $8.1 million compared to fiscal Q1 2026. This was accompanied by a 12 basis point expansion in its net interest margin, which reached 4.87%, driven by the deployment of cash flows into higher-yielding assets and the acceleration of unamortized purchase discounts and net deferred fees from refinancings.

    3. Significant Capital Return to Shareholders: First BanCorp demonstrated a strong commitment to shareholder returns by completing a $112.78 million share repurchase program. During fiscal Q2 2026, the company returned $81.0 million to shareholders, comprising $50.0 million in common stock repurchases and $31.0 million in common stock dividends. Additionally, it declared a quarterly cash dividend of $0.20 per share, an 11% increase from the previous quarter's dividend of $0.18.

    4. Sustained Strong Asset Quality: The company maintained solid asset quality in fiscal Q2 2026, reporting lower net charge-offs of $15.98 million. First BanCorp's Common Equity Tier 1 (CET1) ratio remained strong at 17.0%, exceeding well-capitalized levels and indicating substantial capacity for continued capital deployment.

    5. Positive Analyst Sentiment and Upgraded Price Targets: Analyst sentiment remained positive for First BanCorp, with a consensus "Buy" rating. In July 2026, several prominent financial firms raised their price targets for FBP; for instance, Wells Fargo increased its target from $26.00 to $28.00, and Raymond James increased its target from $27.00 to $32.00, reflecting confidence in the company's financial performance and future prospects.

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    Stock Movement Drivers

    Fundamental Drivers

    The 20.7% change in FBP stock from 4/30/2026 to 8/6/2026 was primarily driven by a 15.6% change in the company's P/E Multiple.
    (LTM values as of)43020268062026Change
    Stock Price ($)24.0829.0620.7%
    Change Contribution By: 
    Total Revenues ($ Mil)9629700.8%
    Net Income Margin (%)35.9%36.8%2.5%
    P/E Multiple10.912.715.6%
    Shares Outstanding (Mil)1571551.0%
    Cumulative Contribution20.7%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    4/30/2026 to 8/6/2026
    ReturnCorrelation
    FBP20.7% 
    Market (SPY)6.9%17.9%
    Sector (XLF)10.9%49.1%

    Fundamental Drivers

    The 33.7% change in FBP stock from 1/31/2026 to 8/6/2026 was primarily driven by a 21.8% change in the company's P/E Multiple.
    (LTM values as of)13120268062026Change
    Stock Price ($)21.7429.0633.7%
    Change Contribution By: 
    Total Revenues ($ Mil)9459702.6%
    Net Income Margin (%)35.3%36.8%4.2%
    P/E Multiple10.412.721.8%
    Shares Outstanding (Mil)1591552.6%
    Cumulative Contribution33.7%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    1/31/2026 to 8/6/2026
    ReturnCorrelation
    FBP33.7% 
    Market (SPY)11.4%25.6%
    Sector (XLF)8.7%54.1%

    Fundamental Drivers

    The 44.4% change in FBP stock from 7/31/2025 to 8/6/2026 was primarily driven by a 16.7% change in the company's P/E Multiple.
    (LTM values as of)73120258062026Change
    Stock Price ($)20.1329.0644.4%
    Change Contribution By: 
    Total Revenues ($ Mil)9229705.2%
    Net Income Margin (%)32.8%36.8%12.1%
    P/E Multiple10.812.716.7%
    Shares Outstanding (Mil)1631554.9%
    Cumulative Contribution44.4%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    7/31/2025 to 8/6/2026
    ReturnCorrelation
    FBP44.4% 
    Market (SPY)22.6%29.2%
    Sector (XLF)11.7%56.3%

    Fundamental Drivers

    The 117.6% change in FBP stock from 7/31/2023 to 8/6/2026 was primarily driven by a 54.1% change in the company's P/E Multiple.
    (LTM values as of)73120238062026Change
    Stock Price ($)13.3629.06117.6%
    Change Contribution By: 
    Total Revenues ($ Mil)9069707.1%
    Net Income Margin (%)32.4%36.8%13.6%
    P/E Multiple8.212.754.1%
    Shares Outstanding (Mil)18015516.1%
    Cumulative Contribution117.6%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    7/31/2023 to 8/6/2026
    ReturnCorrelation
    FBP117.6% 
    Market (SPY)73.8%47.1%
    Sector (XLF)71.0%66.6%

    Return vs. Risk

    Price Returns Compared

     202120222023202420252026Total [1]
    Returns
    FBP Return53%-5%35%17%15%43%279%
    Peers Return42%8%9%23%20%26%212%
    S&P 500 Return27%-19%24%23%16%13%106%

    Monthly Win Rates [3]
    FBP Win Rate75%42%58%67%58%75% 
    Peers Win Rate75%50%57%52%65%65% 
    S&P 500 Win Rate75%42%67%75%67%50% 

    Max Drawdowns [4]
    FBP Max Drawdown-16%-27%-26%-17%-19%-12% 
    Peers Max Drawdown-20%-23%-39%-16%-24%-15% 
    S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

    [1] Cumulative total returns since the beginning of 2021
    [2] Peers: BPOP, OFG, HWC, ABCB, FHN.
    [3] Win Rate = % of calendar months in which monthly returns were positive
    [4] Max drawdown represents maximum peak-to-trough decline within a year
    [5] 2026 data is for the year up to 8/6/2026 (YTD)

    How Low Can It Go

    EventFBPS&P 500
    2025 US Tariff Shock
      % Loss-16.5%-18.8%
      % Gain to Breakeven19.8%23.1%
      Time to Breakeven25 days79 days
    2023 SVB Regional Banking Crisis
      % Loss-23.6%-6.7%
      % Gain to Breakeven30.9%7.1%
      Time to Breakeven69 days31 days
    2022 Inflation Shock & Fed Tightening
      % Loss-14.8%-24.5%
      % Gain to Breakeven17.4%32.4%
      Time to Breakeven22 days427 days
    2020 COVID-19 Crash
      % Loss-59.5%-33.7%
      % Gain to Breakeven147.0%50.9%
      Time to Breakeven275 days140 days
    Q4 2018 Fed Policy Error / Growth Scare
      % Loss-11.9%-19.2%
      % Gain to Breakeven13.6%23.8%
      Time to Breakeven22 days105 days
    2015-2016 China Devaluation / Global Growth Scare
      % Loss-44.8%-12.2%
      % Gain to Breakeven81.2%13.9%
      Time to Breakeven93 days62 days

    Compare to BPOP, OFG, HWC, ABCB, FHN

    In The Past

    First BanCorp's stock fell -16.5% during the 2025 US Tariff Shock. Such a loss loss requires a 19.8% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    EventFBPS&P 500
    2023 SVB Regional Banking Crisis
      % Loss-23.6%-6.7%
      % Gain to Breakeven30.9%7.1%
      Time to Breakeven69 days31 days
    2020 COVID-19 Crash
      % Loss-59.5%-33.7%
      % Gain to Breakeven147.0%50.9%
      Time to Breakeven275 days140 days
    2015-2016 China Devaluation / Global Growth Scare
      % Loss-44.8%-12.2%
      % Gain to Breakeven81.2%13.9%
      Time to Breakeven93 days62 days
    2014-2016 Oil Price Collapse
      % Loss-60.1%-6.8%
      % Gain to Breakeven150.5%7.3%
      Time to Breakeven254 days15 days
    2013 Taper Tantrum
      % Loss-23.1%-0.2%
      % Gain to Breakeven30.1%0.2%
      Time to Breakeven19 days1 days
    2011 US Debt Ceiling Crisis & European Contagion
      % Loss-44.6%-17.9%
      % Gain to Breakeven80.5%21.8%
      Time to Breakeven130 days123 days

    Compare to BPOP, OFG, HWC, ABCB, FHN

    In The Past

    First BanCorp's stock fell -16.5% during the 2025 US Tariff Shock. Such a loss loss requires a 19.8% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    About First BanCorp (FBP)

    First BanCorp (FBP) is a bank holding company that operates FirstBank Puerto Rico, providing a broad range of financial services across multiple segments. Its primary geographic focus is Puerto Rico, where it maintains numerous branches, and it also extends its operations to the U.S. Virgin Islands, British Virgin Islands, and the state of Florida.

    The company caters to a diverse clientele including retail, commercial, and institutional clients. For businesses, First BanCorp offers commercial real estate and construction loans, floor plan financing, and various cash and business management services. On the consumer front, it provides residential mortgage loans, auto, boat, and personal loans, credit cards, and lines of credit.

    In addition to lending, First BanCorp offers a comprehensive suite of deposit products such as checking, savings, money market accounts, individual retirement accounts, and certificates of deposit. The company also engages in mortgage origination, sales, and servicing activities, and provides finance leasing and insurance agency services. Its Treasury and Investments segment focuses on funding and liquidity management.

    AI Analysis | Feedback

    Here are a few brief analogies for First BanCorp (FBP):

    • It's like **PNC Bank** or **Truist Financial** for Puerto Rico and the U.S. Virgin Islands, offering a full range of consumer and commercial banking services.
    • Think of it as the **Bank of America** or **Wells Fargo** for the Caribbean, but on a smaller, regional scale focused on Puerto Rico, the U.S. Virgin Islands, and Florida.

    AI Analysis | Feedback

    ```html
    • Commercial Loans: Provides financing for commercial real estate, construction projects, and floor plans for businesses.
    • Residential Mortgage Loans: Offers origination, sale, and servicing of various residential mortgage products, including home equity loans and lines of credit.
    • Consumer Loans: Supplies auto, boat, and personal loans, as well as credit cards and lines of credit for individual clients.
    • Deposit Products: Includes interest-bearing and non-interest-bearing checking and savings accounts, individual retirement accounts (IRAs), money market accounts, and certificates of deposit (CDs).
    • Cash and Business Management Services: Delivers services such as cash management, business management, remote data capture, and automated clearing house (ACH) transactions for commercial clients.
    • Treasury and Investment Services: Offers funding and liquidity management solutions to support the bank's operations.
    • Finance Leasing: Provides financial leasing options for various assets.
    • Insurance Agency Services: Acts as an agency to offer various insurance products.
    • Internet Banking: Enables clients to manage their accounts and conduct transactions online.
    ```

    AI Analysis | Feedback

    First BanCorp (FBP) primarily serves a diverse base of customers rather than a few major corporate clients. As a bank, its customer base is broad, encompassing individuals, businesses, and institutional clients across its operational regions.

    The company serves the following categories of customers:

    1. Individuals (Retail/Consumer Clients): This category includes customers who utilize services such as auto, boat, and personal loans, credit cards, various deposit products (checking, savings, IRAs, retail CDs), residential mortgages, and home equity loans.
    2. Commercial Clients (Businesses): This segment includes businesses and corporations that rely on First BanCorp for commercial real estate and construction loans, floor plan financing, cash and business management services, and other specialized commercial lending products.
    3. Institutional Clients: This category encompasses various institutional entities that engage with the bank for services like the acquisition and sale of mortgages in secondary markets, funding and liquidity management (Treasury and Investments segment), and other financial services tailored for institutional needs.

    AI Analysis | Feedback

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    AI Analysis | Feedback

    Aurelio Aleman-Bermudez, President, Chief Executive Officer, and Director

    Aurelio Aleman-Bermudez was appointed CEO of First BanCorp in September 2009, bringing over 16 years of tenure in this role. He also serves as President and Director of the company. His previous leadership roles include CEO at FirstMortgage and President at First Leasing & Rental Corp. Additionally, he holds positions as Chairman & CEO of several First BanCorp subsidiaries, including FirstBank Puerto Rico Securities Corp., First Trade, Inc., First Management of Puerto Rico LLC, Grupo Empresas Servicios Financieros, Inc., First Resolution Co., First Federal Finance Corp., and FirstBank Insurance Agency, Inc. Earlier in his career, he served as Vice President at both The Chase Manhattan Bank NA and Citibank NA.

    Orlando Berges, Executive Vice President and Chief Financial Officer

    Orlando Berges has served as Executive Vice President and Chief Financial Officer of First BanCorp since August 2009. He is slated to retire effective June 30, 2026, and will then enter into a temporary consulting agreement with the Corporation. Berges is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants and the Puerto Rico Society of Certified Public Accountants. He played a pivotal role in First BanCorp's transformation, which included orchestrating a $520 million recapitalization after the 2008 financial crisis and guiding the company through significant acquisitions and integrations. Prior to joining First BanCorp, he was Executive Vice President of Administration at Banco Popular de Puerto Rico, overseeing finance, operations, real estate, and administrative functions across Puerto Rico and U.S. markets. He also served as Interim Chief Accounting Officer for First BanCorp from February 2020 to October 2021.

    Said Ortiz, Senior Vice President and Chief Accounting Officer (Incoming Executive Vice President and Chief Financial Officer)

    Said Ortiz is set to become Executive Vice President and Chief Financial Officer of First BanCorp effective July 1, 2026. He currently holds the position of Senior Vice President and Chief Accounting Officer, a role he has held since October 2021. Ortiz joined First BanCorp in 2013 and has accumulated over 19 years of experience in accounting, auditing, and financial management. He is a Certified Public Accountant. His professional background includes leadership roles at global public accounting firms, where he served as Senior Manager at EY and Audit Manager at KPMG International.

    Nayda Rivera-Batista, Executive Vice President, Chief Consumer Officer and Corporate Chief of Staff

    Nayda Rivera-Batista was appointed Executive Vice President and Chief Consumer Officer, as well as Corporate Chief of Staff, effective April 1, 2025. In this capacity, she is responsible for leading and overseeing the Mortgage, Unsecured Consumer Lending, Auto, Leasing, and Insurance lines of business, in addition to managing the Corporation's human capital strategic plan. Previously, she served as Executive Vice President and Chief Risk Officer from April 2006 to March 2025. Ms. Rivera-Batista possesses over 20 years of combined experience in public company auditing, accounting, financial reporting, internal controls, corporate governance, risk management, and regulatory compliance. Before joining First BanCorp, she spent six years at PricewaterhouseCoopers, LLC, where she audited public and private companies. She is a Certified Public Accountant, a Certified Internal Auditor, and certified in financial forensics.

    Juan Carlos Pavia, Executive Vice President and Chief Operating Officer

    Juan Carlos Pavia assumed the role of Executive Vice President and Chief Operating Officer of First BanCorp effective August 1, 2025. Prior to this, he served as Executive Vice President and Chief Credit Officer from 2021 to 2025. Mr. Pavía joined First BanCorp in 2014. He has more than 15 years of experience in the banking industry, with expertise in Lending, Credit Risk, Current Expected Credit Losses (CECL), Workout, Operations, and Asset Based Lending. He earned his bachelor's degree in business administration from The George Washington University in 2003.

    AI Analysis | Feedback

    The key risks to First BanCorp (FBP) are:

    1. Economic and Political Conditions in Puerto Rico and the U.S., including Labor Shortages: First BanCorp's operations are concentrated in Puerto Rico, the U.S. Virgin Islands, British Virgin Islands, and Florida, making it highly susceptible to the economic and political stability of these regions. A deterioration in these conditions, including widespread labor shortages, can negatively impact loan demand, asset quality, credit costs, and the ability of commercial clients to meet loan obligations. Labor constraints also increase the bank's own wage costs and can create staffing gaps, affecting service quality and operational risks.

    2. Interest Rate and Inflation Pressure: As a financial institution, First BanCorp's net interest income is directly influenced by changes in interest rates and inflation. Significant fluctuations can impact the spread between interest earned on assets and interest paid on liabilities, thereby affecting profitability.

    3. Regulatory and Compliance Demands: The company operates under extensive supervision from U.S. and Puerto Rico regulators. Evolving and complex regulatory and compliance requirements, including those related to consumer protection and FDIC special assessments, pose a continuous risk due to potential increased costs and penalties for non-compliance.

    AI Analysis | Feedback

    The clear emerging threat for First BanCorp is the growing competition from digital-first banks (neobanks) and various financial technology (fintech) companies. These competitors leverage technology to offer a range of banking services, including deposit accounts, personal loans, auto loans, mortgages, and payment solutions, often with lower overhead costs, enhanced digital user experiences, and potentially more competitive rates compared to traditional branch-based banks. This trend directly challenges First BanCorp's core business segments, such as Consumer (Retail) Banking, Mortgage Banking, and aspects of Commercial and Corporate Banking, by attracting customers who prioritize digital convenience and efficient online services over physical branch interactions.

    AI Analysis | Feedback

    For First BanCorp (FBP), the addressable markets for its main products and services vary by region. Detailed market sizes are available for Puerto Rico and Florida, while information for the U.S. Virgin Islands is more limited, and data for the British Virgin Islands is not readily available.

    Puerto Rico Operations

    • Residential Mortgage Market: The total amount of residential mortgage loans across all financial institutions in Puerto Rico was approximately US$10.97 billion in the third quarter of 2024. More broadly, Puerto Rico's residential real estate sector was valued at around US$265.54 billion in 2025, with the overall real estate market reaching US$346.11 billion in 2025. This market is projected to grow at a compound annual growth rate (CAGR) of 3.01% through 2029, potentially reaching US$389.68 billion.
    • Commercial Lending Market: The local banking sector in Puerto Rico holds an overwhelmingly large market share, approximately 95%, of commercial lending loan balances. Commercial loan portfolios in Puerto Rico have shown increases between 2023 and 2025.
    • Consumer Lending Market: The personal loan portfolio in Puerto Rico experienced a significant increase of 16.4% between 2023 and 2025. In 2024, auto loans grew by 6.8% and credit card businesses saw an increase of 4.7%. Local credit unions are notable players, holding about 35% of the personal unsecured loan business, and, along with federal credit unions and auto financing companies, they account for at least 30% of outstanding auto loan balances.
    • Overall Lending Market: Total loan balances in Puerto Rico's banking industry rose to $39.9 billion in the fourth quarter of 2020. Loan balances grew by 5.8% in 2024 and by 4.9% in the first nine months of 2025.

    Florida Operations

    • Residential Mortgage Market: Florida's housing market recorded 256,977 home sales in 2022, with an average home price of $402,500 and an average mortgage of $346,762. In 2024, new home loans booked totaled $87.1 billion, representing 220,450 new home loans. Foreign buyers contributed significantly, with more than $53 billion in purchase volume and nearly 85,000 transactions in the latest reported year.
    • Commercial Lending Market: The commercial leasing industry in Florida is estimated to be $15.1 billion in 2026. Florida's commercial lending market is considered one of the most active and competitive in the U.S.
    • Consumer Lending Market: The digital lending market in Florida was valued at $4.35 billion in 2019 and is projected to reach $13.89 billion by 2027, growing at a CAGR of 16.7% from 2020 to 2027.
    • Overall Banking Market: Florida is home to 86 major banks with over $291 billion in-state assets. Deposits in Florida branches amounted to $831 billion. Small business loans in Florida totaled $52.9 billion.

    U.S. Virgin Islands Operations

    • Lending Market: The U.S. Small Business Administration (SBA) approved 22 loans for businesses in the U.S. Virgin Islands, totaling over $9.8 million in Fiscal Year 2024. In Fiscal Year 2025, SBA guaranteed lending reached $20.6 million, an increase of more than 200%. Note that these figures represent SBA-guaranteed loans, which are a subset of the overall commercial and consumer lending markets in the region. Broader market size data for residential mortgages, commercial lending, or consumer lending for the U.S. Virgin Islands is not available from the provided sources.

    British Virgin Islands Operations

    • No specific addressable market size data for main products or services was found for the British Virgin Islands.

    AI Analysis | Feedback

    First BanCorp (FBP) is expected to drive future revenue growth over the next 2-3 years through the following key strategies: * Organic Loan Growth Across Segments: First BanCorp anticipates continued growth in its loan portfolio, specifically targeting commercial, consumer, and mortgage segments. The company provided guidance for 3-5% organic loan growth in 2026. This follows a strong performance in Q4 2024, where total loans grew by 9.7% on an annualized basis, driven by all business segments in Puerto Rico and Florida. Commercial loan growth, in particular, was a significant contributor to net total loan growth in Q4 2025. * Net Interest Income Expansion and Margin Management: A primary driver of First BanCorp's profitability is its net interest income, reflecting the spread between interest earned on assets and interest paid on liabilities. The company has demonstrated an ability to increase net interest income and improve its net interest margin. This is supported by careful management of deposit costs and increased yields from its investment portfolio. * Core Deposit Growth and Favorable Mix: Growing and maintaining a strong, diversified core deposit base, including non-interest-bearing accounts, is crucial for funding and managing interest expenses. First BanCorp reported an increase in core customer deposits in Q4 2025 and noted a healthy non-interest-bearing ratio. The ability to reduce total deposit costs further contributes to revenue growth by expanding net interest income. * Strategic Focus on Key Geographic Markets: First BanCorp's operations in Puerto Rico, Florida, and the U.S. and British Virgin Islands are central to its growth strategy. The company's financial reports and commentary frequently highlight loan growth and deposit trends in these regions. Robust consumer activity and project-driven inflows in Puerto Rico are noted as contributing to loan and deposit growth. The growth across all business segments in Puerto Rico and Florida specifically drove loan increases in Q4 2024.

    AI Analysis | Feedback

    Share Repurchases

    • First BanCorp's Board of Directors approved a new stock repurchase program of up to $200 million on October 22, 2025, expected to run through the end of Q4 2026. This is in addition to approximately $38 million remaining under a July 22, 2024 repurchase program.
    • In 2025, the Corporation repurchased $150.0 million in common stock.
    • A share repurchase program announced on July 22, 2024, was completed by August 5, 2025, with the company buying back 3,816,449 shares for a total of US$71.78 million.

    Capital Expenditures

    • In the fourth quarter of 2025, First Bancorp P R invested $4.1 million in capital expenditures, an increase of 42.5% from the previous quarter, primarily funding long-term assets and infrastructure.

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    Financials

    FBPBPOPOFGHWCABCBFHNMedian
    NameFirst Ba.Popular OFG Banc.Hancock .Ameris B.First Ho. 
    Mkt Price29.06176.1452.8977.3588.1925.4965.12
    Mkt Cap4.511.42.36.36.012.16.1
    Rev LTM9703,1246831,4371,2033,4261,320
    Op Inc LTM-------
    FCF LTM4477151895315051,017518
    FCF 3Y Avg3915532365463941,232470
    CFO LTM4618982085525301,059541
    CFO 3Y Avg4077592625644131,274488

    Growth & Margins

    FBPBPOPOFGHWCABCBFHNMedian
    NameFirst Ba.Popular OFG Banc.Hancock .Ameris B.First Ho. 
    Rev Chg LTM5.2%10.1%2.7%-0.9%7.0%10.5%6.1%
    Rev Chg 3Y Avg2.3%2.0%4.9%0.3%4.5%1.2%2.2%
    Rev Chg Q3.3%10.7%4.9%-19.9%10.5%6.7%5.8%
    QoQ Delta Rev Chg LTM0.8%2.5%1.2%-4.8%2.5%1.6%1.4%
    Op Inc Chg LTM-------
    Op Inc Chg 3Y Avg-------
    Op Mgn LTM-------
    Op Mgn 3Y Avg-------
    QoQ Delta Op Mgn LTM-------
    CFO/Rev LTM47.6%28.7%30.4%38.4%44.1%30.9%34.7%
    CFO/Rev 3Y Avg43.8%26.3%39.5%39.9%36.8%39.9%39.7%
    FCF/Rev LTM46.1%22.9%27.7%37.0%42.0%29.7%33.3%
    FCF/Rev 3Y Avg42.0%19.1%35.5%38.7%35.1%38.5%37.0%

    Valuation

    FBPBPOPOFGHWCABCBFHNMedian
    NameFirst Ba.Popular OFG Banc.Hancock .Ameris B.First Ho. 
    Mkt Cap4.511.42.36.36.012.16.1
    P/S4.73.73.34.45.03.54.0
    P/Op Inc-------
    P/EBIT-------
    P/E12.712.710.615.313.711.512.7
    P/CFO9.812.710.911.411.211.411.3
    Total Yield10.5%9.6%11.7%9.0%8.2%11.3%10.1%
    Dividend Yield2.6%1.7%2.4%2.5%0.9%2.6%2.4%
    FCF Yield 3Y Avg11.2%6.8%12.3%11.1%8.8%12.4%11.1%
    D/E0.10.10.20.30.20.20.2
    Net D/E-1.0-2.2-0.10.1-0.1-0.5-0.3

    Returns

    FBPBPOPOFGHWCABCBFHNMedian
    NameFirst Ba.Popular OFG Banc.Hancock .Ameris B.First Ho. 
    1M Rtn10.4%4.9%6.1%2.9%-2.2%-1.0%3.9%
    3M Rtn22.1%18.9%16.8%14.4%2.4%4.9%15.6%
    6M Rtn29.2%24.6%30.7%6.5%5.1%0.1%15.6%
    12M Rtn47.7%57.7%29.3%35.9%33.3%22.4%34.6%
    3Y Rtn109.3%161.0%70.9%89.0%101.7%106.3%104.0%
    1M Excs Rtn8.6%2.9%5.3%1.9%-2.9%-2.1%2.4%
    3M Excs Rtn16.0%13.3%11.2%8.8%-3.4%-2.3%10.0%
    6M Excs Rtn16.9%13.9%19.1%-5.4%-6.7%-11.7%4.2%
    12M Excs Rtn24.1%33.8%5.2%13.0%10.2%-1.6%11.6%
    3Y Excs Rtn45.8%96.1%2.3%27.8%40.9%43.9%42.4%

    Comparison Analyses

    null

    FDIC Bank Data

    Bank Assets

    FDIC Data As Of6302003
    ASSETS 
    Cash Balance ($ Bil)0
    Securities ($ Bil)2
    Net Loans ($ Bil)6
    Trading Assets ($ Bil)0
    Bank Premises Assets ($ Bil)0
    Other Real Estate Owned ($ Bil)0
    Goodwill & Intangibles ($ Bil)0
    Other Assets ($ Bil)0
    Total Assets (Sum) ($ Bil)9
    Total Assets (Reported) ($ Bil)10
    Risk Weighted Assets ($ Bil)6
    SECURITIES DETAILS 
    US Govt Securities ($ Bil)2
    Equity Securities Not Held for Trading ($ Bil)0
    Total Debt Securities ($ Bil)2
    Mortgage-Backed Securities ($ Bil)1
    SECURITIES VALUATION 
    Securities Held to Maturity (Book Value) ($ Bil)1
    Securities Available for Sale (Fair Market) ($ Bil)1

    Bank Loans

    FDIC Data As Of6302003
    LOAN DETAILS 
    All Real Estate Loans ($ Bil)3
    Farm Loans ($ Bil)0
    Commercial and Industrial Loans ($ Bil)2
    Loans to Individuals (CC, revolving credit, auto, other) (non-mortgage) ($ Bil)1
    Commercial Real Estate Loans not Secured by Real Estate ($ Bil)0

    Financials

    $ Mil | FY: 12/312026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q2
    Period End3/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/2023
    Filing Date5/8/20262/27/202611/7/20258/7/20255/9/20252/28/202511/8/20248/9/20245/9/20242/28/202411/8/20238/8/2023
    Key Financials Quarterly            
    Total Revenue252238240240244221229228227206232229
    Net Income8987101807776747673798271
    EPS0.570.560.630.500.470.460.450.460.440.470.470.39
    Key Financials TTM            
    Total Revenue TTM970962945934922905890892894897907909
    Net Income TTM357345333307302299303311306303297289
    Growth Rates Quarterly            
    Total Revenue Growth3.3%7.6%4.7%5.3%7.4%7.6%-1.1%-0.7%-1.5%-4.6%-0.6%1.3%
    Net Income Growth15.2%15.1%36.3%5.7%4.9%-4.8%-10.1%7.3%3.9%8.6%9.9%-5.4%
    Margins Quarterly            
    Net Income Margin35.2%36.6%41.9%33.4%31.6%34.2%32.2%33.3%32.3%38.6%35.4%30.8%
    Cash & Debt            
    Total Cash4,8272,4825,0071,9712,3492,2595,5805,5445,7325,8935,7616,401
    Total Debt290290290320331562612662662662662662
    Net Debt / (Cash)-4,537-2,192-4,717-1,651-2,018-1,697-4,968-4,882-5,070-5,231-5,099-5,739
    Cash Flows Quarterly            
    FCF from Operations1211071389510897118711187911751
    Cash Flows TTM            
    FCF from Operations TTM461449438418394404387386366363389387
    Returns to Shareholders Quarterly            
    Dividends322828302926262727242526
    Share Repurchases55505029250149527674-0
    Return on Invested Capital (ROIC) Quarterly            
    ROIC------------
    Return on Invested Capital (ROIC) TTM            
    ROIC TTM------------

    Segment Financials

    Revenue by Segment
    $ Mil20252024202320222021
    Consumer (Retail) Banking679647577521351
    Commercial and Corporate Banking182165153128208
    Treasury and Investments113-112-304060
    United States Operations9182788370
    Mortgage Banking868687115129
    Virgin Islands Operations7571653233
    Total1,226938930918851


    Operating Income by Segment
    $ Mil20152014201320122011
    Consumer (Retail) Banking5042677556
    Mortgage Banking4135-51-07
    United States Operations254183-36
    Virgin Islands Operations115-9-4-14
    Treasury and Investments61-58-13-28
    Commercial and Corporate-1669-58131
    Other-90  -107-89
    Total28193-4936-73


    Net Income by Segment
    $ Mil2014
    Other199
    Commercial and Corporate69
    Consumer (Retail) Banking42
    United States Operations41
    Mortgage Banking35
    Virgin Islands Operations5
    Treasury and Investments1
    Total392


    Assets by Segment
    $ Mil20232022200420032002
    Treasury and Investments6,1867,3005,3123,8183,746
    Commercial and Corporate Banking3,7803,626   
    Consumer (Retail) Banking3,2952,919   
    Mortgage Banking2,1432,233   
    United States Operations2,0722,069   
    Virgin Islands Operations389370   
    Commercial Corporate  2,8932,5952,258
    Retail  4,9163,5742,411
    Total17,86718,51713,1209,9868,415


    Price Behavior

    Price Behavior
    Market Price$29.06 
    Market Cap ($ Bil)4.5 
    First Trading Date02/25/1992 
    Distance from 52W High-0.8% 
       50 Days200 Days
    DMA Price$26.48$22.60
    DMA Trendupup
    Distance from DMA9.7%28.6%
     3M1YR
    Volatility20.1%24.8%
    Downside Capture-19.3833.13
    Upside Capture69.9969.96
    Correlation (SPY)16.9%28.5%
    FBP Betas & Captures as of 7/31/2026

     1M2M3M6M1Y3Y
    Beta0.480.180.260.420.570.87
    Up Beta-0.18-0.58-0.150.430.760.90
    Down Beta1.690.710.410.220.500.85
    Up Capture110%86%73%71%60%79%
    Bmk +ve Days11223567138427
    Stock +ve Days11253568136393
    Down Capture-54%-41%-7%22%43%93%
    Bmk -ve Days11212859114326
    Stock -ve Days11182857114353

    [1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
    Based On 1-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with FBP
    FBP46.7%24.8%1.49-
    Sector ETF (XLF)13.2%14.6%0.6355.8%
    Equity (SPY)23.5%12.9%1.3728.2%
    Gold (GLD)25.3%28.3%0.792.0%
    Commodities (DBC)32.4%19.8%1.30-11.2%
    Real Estate (VNQ)12.9%13.8%0.6432.9%
    Bitcoin (BTCUSD)-43.6%43.0%-1.2115.8%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 5-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with FBP
    FBP22.8%31.7%0.69-
    Sector ETF (XLF)11.3%18.4%0.4769.5%
    Equity (SPY)13.2%17.2%0.5953.6%
    Gold (GLD)17.9%18.5%0.78-2.2%
    Commodities (DBC)8.0%19.6%0.319.2%
    Real Estate (VNQ)2.3%18.9%0.0246.6%
    Bitcoin (BTCUSD)10.0%53.0%0.3823.2%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 10-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with FBP
    FBP22.9%38.9%0.65-
    Sector ETF (XLF)13.7%22.1%0.5773.8%
    Equity (SPY)15.3%17.9%0.7357.1%
    Gold (GLD)11.8%16.2%0.59-4.8%
    Commodities (DBC)7.4%18.0%0.3321.2%
    Real Estate (VNQ)4.9%20.7%0.2051.8%
    Bitcoin (BTCUSD)58.3%66.2%0.9813.8%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How

    Short Interest

    Short Interest: As Of Date7152026
    Short Interest: Shares Quantity6.9 Mil
    Short Interest: % Change Since 63020268.1%
    Average Daily Volume1.0 Mil
    Days-to-Cover Short Interest6.7 days
    Basic Shares Quantity155.3 Mil
    Short % of Basic Shares4.4%

    Returns Analyses

    Earnings Returns History

    Updated 7/22/2026
    Expand for More
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    4/22/2026-1.5%0.6%0.4%
    1/27/20265.2%7.7%6.8%
    10/23/2025-2.6%-6.2%-3.8%
    7/22/2025-2.4%-2.5%-2.4%
    4/24/20250.1%0.4%3.0%
    1/23/20255.8%7.2%-0.1%
    10/23/2024-5.4%-5.1%1.4%
    7/23/20243.3%2.2%-2.8%
    ...
    SUMMARY STATS   
    # Positive121617
    # Negative1287
    Median Positive1.7%4.8%5.8%
    Median Negative-2.3%-2.7%-3.8%
    Max Positive10.1%9.8%23.1%
    Max Negative-5.4%-6.2%-9.2%
     Collapse to Preview
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    4/22/2026-1.5%0.6%0.4%
    1/27/20265.2%7.7%6.8%
    10/23/2025-2.6%-6.2%-3.8%
    7/22/2025-2.4%-2.5%-2.4%
    4/24/20250.1%0.4%3.0%
    1/23/20255.8%7.2%-0.1%
    10/23/2024-5.4%-5.1%1.4%
    7/23/20243.3%2.2%-2.8%
    4/23/2024-0.4%1.3%4.9%
    1/24/20242.1%9.8%5.1%
    10/20/2023-4.2%-2.9%11.3%
    7/27/2023-2.2%5.6%-3.9%
    4/25/2023-1.7%2.3%3.8%
    1/27/2023-0.5%6.1%8.5%
    10/25/2022-4.0%-1.0%-4.1%
    7/22/20221.2%1.8%7.4%
    4/28/202210.1%8.9%13.4%
    1/26/2022-2.1%-0.5%-9.2%
    10/25/20214.1%-3.0%3.1%
    7/23/20210.6%5.9%7.4%
    4/26/20210.1%4.0%5.8%
    1/29/2021-5.4%1.7%15.6%
    10/30/20200.0%9.4%23.1%
    7/28/20201.4%-2.5%4.1%
    SUMMARY STATS   
    # Positive121617
    # Negative1287
    Median Positive1.7%4.8%5.8%
    Median Negative-2.3%-2.7%-3.8%
    Max Positive10.1%9.8%23.1%
    Max Negative-5.4%-6.2%-9.2%

    SEC Filings

    Expand for More
    Report DateFiling DateFiling
    03/31/202605/08/202610-Q
    12/31/202502/27/202610-K
    09/30/202511/07/202510-Q
    06/30/202508/07/202510-Q
    03/31/202505/09/202510-Q
    12/31/202402/28/202510-K
    09/30/202411/08/202410-Q
    06/30/202408/09/202410-Q
    03/31/202405/09/202410-Q
    12/31/202302/28/202410-K
    09/30/202311/08/202310-Q
    06/30/202308/08/202310-Q
    03/31/202305/10/202310-Q
    12/31/202202/28/202310-K
    09/30/202211/08/202210-Q
    06/30/202208/09/202210-Q
     Collapse to Preview
    Report DateFiling DateFiling
    03/31/202605/08/202610-Q
    12/31/202502/27/202610-K
    09/30/202511/07/202510-Q
    06/30/202508/07/202510-Q
    03/31/202505/09/202510-Q
    12/31/202402/28/202510-K
    09/30/202411/08/202410-Q
    06/30/202408/09/202410-Q
    03/31/202405/09/202410-Q
    12/31/202302/28/202410-K
    09/30/202311/08/202310-Q
    06/30/202308/08/202310-Q
    03/31/202305/10/202310-Q
    12/31/202202/28/202310-K
    09/30/202211/08/202210-Q
    06/30/202208/09/202210-Q
    03/31/202205/09/202210-Q
    12/31/202103/01/202210-K
    09/30/202111/09/202110-Q
    06/30/202108/09/202110-Q
    03/31/202105/10/202110-Q
    12/31/202003/01/202110-K
    09/30/202011/09/202010-Q
    06/30/202008/10/202010-Q
    03/31/202005/11/202010-Q
    12/31/201903/02/202010-K
    09/30/201911/08/201910-Q
    06/30/201908/09/201910-Q

    Insider Activity

    Updated 6/8/2026
    Expand for More
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Diaz-Bento, LilianEVPDirectSell608202624.338,000194,6771,371,863Form
    2Herencia, Roberto R DirectSell213202622.634,723106,89614,417,651Form
    3McDonald, MichaelEVPDirectSell129202622.1134,122754,4371,391,537Form
    4Aleman, AurelioPresident and CEODirectSell826202522.3050,0001,114,92523,626,309Form
    5Rivera, NaydaEVP, CCO and Chief of StaffDirectSell821202521.4310,000214,3404,934,343Form
     Collapse to Preview
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Diaz-Bento, LilianEVPDirectSell608202624.338,000194,6771,371,863Form
    2Herencia, Roberto R DirectSell213202622.634,723106,89614,417,651Form
    3McDonald, MichaelEVPDirectSell129202622.1134,122754,4371,391,537Form
    4Aleman, AurelioPresident and CEODirectSell826202522.3050,0001,114,92523,626,309Form
    5Rivera, NaydaEVP, CCO and Chief of StaffDirectSell821202521.4310,000214,3404,934,343Form
    6Kafka, DonaldEVPDirectSell814202520.9940,000839,7441,339,602Form
    7Aleman, AurelioPresident and CEODirectSell613202520.5222,871469,35222,769,791Form
    8Herencia, Roberto R DirectSell613202520.4214,738300,91213,010,110Form

    Investor Activity (13F)

    Updated Aug 7, 2026
    13F holdings as of Mar 31, 2026 (Q1 2026)

    Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Stieven Capital Advisors, L.P.$6.6 Mil1.4%35Hold13F
    Active Manager
    Active Manager
    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Stieven Capital Advisors, L.P.$6.6 Mil1.4%35Hold13F

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    Core Cache Last Updated: 8/6/2026