Is First Bancorp (FBP) overvalued? · P/E 12, rev $1.23B
First Bancorp (FBP) is a banks - regional company listed on US.
This page asks whether First Bancorp (FBP) looks expensive on cached numbers — not a short thesis.
Latest reported FBP revenue for 2024-12-31 was $1.23B. Net income was $298.7M. Revenue was up 6.0% from 2023-12-31 to 2024-12-31. FBP currently screens at market cap $3.51B and trailing P/E 11.7.
FBP currently screens at market cap $3.51B and trailing P/E 11.7. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next FBP 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the FBP stock page for the full model, not this heading.
Not investment advice.