First BanCorp's Valuation Upgrade Highlights Strong Financial Metrics and Stability

First BanCorp (Puerto Rico) has recently undergone an adjustment in its evaluation, reflecting notable shifts in its financial metrics and market position. The bank's valuation grade has transitioned to an attractive status, supported by a P/E ratio of 12 and a Price to Book Value of 2.03. These figures suggest a favorable comparison to industry standards, indicating a robust valuation framework. In terms of profitability, First BanCorp showcases a strong net interest margin of 8.03%, alongside a commendable capital adequacy ratio of 16.91%. This positions the bank with substantial buffers against risk-based assets, enhancing its financial stability. The company has also demonstrated healthy long-term growth, with net profit increasing at an annual rate of 21.14%. Recent performance indicators reveal that the bank achieved its highest net interest income of USD 215.86 million for the quarter ending June 2025, along with an operating cash flow of USD 413.07 million. The stock's return over the past year stands at 4.92%, reflecting a steady performance trajectory. Overall, the evaluation adjustment for First BanCorp (Puerto Rico) underscores its solid financial foundation and market positioning. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.