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First BanCorp (First BanCorp) 5-Year Yield-on-Cost % : 46.12 (As of May. 19, 2024)


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What is First BanCorp 5-Year Yield-on-Cost %?

First BanCorp's yield on cost for the quarter that ended in Mar. 2024 was 46.12.


The historical rank and industry rank for First BanCorp's 5-Year Yield-on-Cost % or its related term are showing as below:

FBP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.72   Med: 35.67   Max: 66.89
Current: 46.12


During the past 13 years, First BanCorp's highest Yield on Cost was 66.89. The lowest was 3.72. And the median was 35.67.


FBP's 5-Year Yield-on-Cost % is ranked better than
98.99% of 1193 companies
in the Banks industry
Industry Median: 4.95 vs FBP: 46.12

Competitive Comparison of First BanCorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, First BanCorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First BanCorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First BanCorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where First BanCorp's 5-Year Yield-on-Cost % falls into.



First BanCorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of First BanCorp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

First BanCorp  (NYSE:FBP) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


First BanCorp 5-Year Yield-on-Cost % Related Terms

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First BanCorp (First BanCorp) Business Description

Traded in Other Exchanges
Address
1519 Ponce de Leon Avenue, Stop 23, San Juan, PRI, 00908
First BanCorp is a financial holding company. The company's operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. It generates maximum revenue from the Consumer (Retail) Banking segment. The Consumer (Retail) Banking segment consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centres. Geographically, it derives a majority of revenue from Puerto Rico.
Executives
Carlos Power officer: EVP P.O. BOX 9146, SAN JUAN PR 00908-0146
Aurelio Aleman officer: Executive Vice President P.O. BOX 9146, SAN JUAN PR 00908-0146
Donald Kafka officer: Chief Operating Officer PO BOX 9146, SAN JUAN PR 00908
Nayda Rivera officer: EVP PO BOX 9146, SAN JUAN PR 00908 0146
John A. Heffern director 7 TOFTREES COURT, PRINCETON NJ 08540
Tracey A Dedrick director C/O HUDSON CITY BANCORP, INC., PARAMUS NJ 07652
Daniel Edward Frye director 5 APPLEWOOD CIRCLE, EASTSANDWICH MA 02537
Gonzalez Orlando Berges officer: EVP and CFO PO BOX 9146, SAN JUAN PR 00908-0146
Roberto R Herencia director P.O. BOX 9146, SAN JUAN PR 00908
Patricia Eaves director PO BOX 9146, SAN JUAN PR 00908
Said Ortiz officer: Chief Accounting Officer PO BOX 9146, SAN JUAN PR 00908
Jose Maria Lacasa officer: EVP PO BOX 9146, SAN JUAN PR 00908
Lilian Diaz-bento officer: EVP PO BOX 9146, SAN JUAN PR 00908
Juan Carlos Pavia officer: EVP, Chief Credit Officer PO BOX 9146, SAN JUAN PR 00908
Sara Alvarez-cabrero officer: EVP, General Counsel PO BOX 9146, SAN JUAN PR 00908