• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    First BanCorp. Announces Payment of Dividends on Preferred Stock

    1/4/21 4:30:00 PM ET
    $FBP
    Major Banks
    Finance
    Get the next $FBP alert in real time by email

    SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared the following monthly cash dividends on its outstanding shares of Series A through E Noncumulative Perpetual Monthly Income Preferred Stock (the “Preferred Stock”):

     

    Series

     

    Annual Dividend Rate (%)

     

    Monthly Dividend Per Share

     

    Outstanding Shares

     

    Record Date

     

    Payment Date

    A

     

    7.125%

     

    $0.14843750

     

    197,386

     

    January 28, 2021

     

    February 1, 2021

    B

     

    8.35%

     

    $0.17395800

     

    296,146

     

    January 15, 2021

     

    February 1, 2021

    C

     

    7.40%

     

    $0.15416670

     

    249,852

     

    January 15, 2021

     

    February 1, 2021

    D

     

    7.25%

     

    $0.15104167

     

    285,522

     

    January 15, 2021

     

    February 1, 2021

    E

     

    7.00%

     

    $0.14583330

     

    415,240

     

    January 15, 2021

     

    February 1, 2021

    About First BanCorp.

    First BanCorp. is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the U.S. and British Virgin Islands and Florida, and of FirstBank Insurance Agency, LLC. Among the subsidiaries of FirstBank Puerto Rico are First Federal Finance Limited Liability Company and First Express, Inc., both small loan companies. First BanCorp’s shares of common stock trade on the New York Stock Exchange under the symbol “FBP.”

    Safe Harbor

    This press release may contain “forward-looking statements” concerning the Corporation. The words or phrases “expect,” “anticipate,” “intend,” “look forward,” “should,” “would,” “believes” and similar expressions are meant to identify “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created by such sections. Such forward-looking statements include, but are not limited to, statements regarding the Corporation’s ability to declare dividends on the Corporation’s Preferred Stock in any future periods. Such statements are subject to known and unknown risks, uncertainties and contingencies that may cause actual results to differ materially from the expectations, intentions, beliefs, plans, estimates or predictions of the future expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to the factors described in the Corporation’s Annual Report on Form 10-K, in its Quarterly Reports on Form 10-Q and in other filings with the SEC. The Corporation does not undertake, and specifically disclaims any obligation, to update any “forward-looking statements” to reflect occurrences or unanticipated events or circumstances after the date of such statements, except as required by the federal securities laws.

    Get the next $FBP alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FBP

    DatePrice TargetRatingAnalyst
    4/9/2025$20.00Equal Weight → Overweight
    Wells Fargo
    10/25/2024$25.00 → $24.00Outperform
    Hovde Group
    8/26/2024$22.00Neutral
    Piper Sandler
    7/24/2024$21.00 → $25.00Outperform
    Hovde Group
    7/9/2024$21.00Outperform
    Raymond James
    12/15/2022$17.00 → $14.00Overweight → Equal Weight
    Wells Fargo
    4/12/2022$17.50Outperform
    Keefe Bruyette
    12/20/2021$17.00Outperform
    Hovde Group
    More analyst ratings