First BanCorp boosts dividend 25% and authorizes $350m buyback
Question
First BanCorp boosts dividend 25% and authorizes $350m buyback
Direct answer
Higher cash return and commercial-loan mix can support FBP equity, while rising deposit costs keep net interest margin sensitivity in focus.
- Original publisher
- Market Ontology
- Evidence through
- 2026-10-30
- Published
- 2026-10-30
- Revision
- 1 · 2026-11-06
Cite as: Market Ontology, “First BanCorp boosts dividend 25% and authorizes $350m buyback”, revision 1, evidence through 2026-10-30. https://marketontology.com/market-events/2026-10-30/first-bancorp-boosts-dividend-25-and-authorizes-350m-buyback-4ab82e
How this development reaches the affected companies
| Asset | Exposure and channel | Direction | Evidence |
|---|---|---|---|
| FBP | dividend hike and buyback support capital return yield despite rising deposit costs | Up1-5d | First BanCorp announced a 25% dividend increase and $350 million share repurchase authorization, while deposit costs are rising. |
Does this development affect your holdings?
Enter your holdings to check them against this and other recent developments, review the decision that matters most, then set a monitor.
Review your initial audit before choosing ongoing portfolio scanning at $79/month.
What happened next
| Asset | Call | Base close | +1 day | +5 days | +20 days |
|---|---|---|---|---|---|
| FBP | Upagreed | 26.18 2026-10-30 | +0.84% | Pending | Pending |
Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.
No verifiable public source recorded for this card.
Related
- 2026-10-30First BanCorp raises dividend and buyback on capital strengthFBP+0.84%
- 2026-10-30First BanCorp raises dividend and buyback on capital strengthFBP KRE+0.84%
Find trades for this development
Screen tradable expressions of this catalyst against your horizon and constraints. Nothing is submitted without your review.
First 10 runs free
See today's live cards
Public pages are published 24 hours after the product shows them. The product shows every catalyst, event and causal reading as it happens, mapped to your holdings.