First BanCorp.

FBP

PR3186727065

Banks

Market Closed - Nyse Other stock markets 16:00:02 2024-07-16 EDT			5-day change	1st Jan Change
20.6 ^USD	+5.53%		+14.06%	+25.23%

07-09	Wells Fargo Adjusts Price Target on First BanCorp to $19 From $18, Maintains Equalweight Rating	MT
07-09	CORRECTION : Raymond James Initiates First BanCorp at Outperform With $21 Price Target	MT

First Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2018

January 29, 2019 at 07:00 am

First Bancorp announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net interest income was USD 137.698 million compared to USD 122.266 million a year ago. Net income was USD 101.105 million compared to USD 24.169 million a year ago. Basic earnings per share was USD 0.46 compared to USD 0.11 a year ago. For the full year, net interest income was USD 525.383 million compared to USD 491.551 million a year ago. Net income was USD 201.608 million compared to USD 66.956 million a year ago. Basic earnings per share was USD 0.92 compared to USD 0.3 a year ago.

Latest news about First BanCorp.

Wells Fargo Adjusts Price Target on First BanCorp to $19 From $18, Maintains Equalweight Rating	07-09	MT
CORRECTION : Raymond James Initiates First BanCorp at Outperform With $21 Price Target	07-09	MT
Oppenheimer Initiates First BanCorp at Outperform With $21 Price Target	07-09	MT
First BanCorp Keeps Quarterly Cash Dividend at $0.16 per Share, Payable June 14 to Holders of Record on May 30	04-26	MT
First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on June 14, 2024	04-25	CI
Keefe Bruyette & Woods Adjusts First BanCorp Price Target to $21 From $19, Maintains Outperform Rating	04-25	MT
Transcript : First BanCorp., Q1 2024 Earnings Call, Apr 23, 2024	04-23
Tranche Update on First BanCorp.'s Equity Buyback Plan announced on July 24, 2023.	04-23	CI
First BanCorp Q1 Adjusted Earnings Rise, Revenue Falls	04-23	MT
First BanCorp. Announces Net Charge Offs for the Quarter Ended March 31, 2024	04-23	CI
First BanCorp. Reports Earnings Results for the First Quarter Ended March 31, 2024	04-23	CI
NCino Picked by FirstBank Puerto to Back Commercial Lending Services	03-20	MT
First BanCorp Insider Sold Shares Worth $858,295, According to a Recent SEC Filing	03-08	MT
First BanCorp Insider Sold Shares Worth $256,800, According to a Recent SEC Filing	03-08	MT
First Bancorp Insider Sold Shares Worth $998,675, According to a Recent SEC Filing	02-09	MT
First BanCorp Lifts Quarterly Cash Dividend by $0.02 to $0.16 a Share, Payable March 8 to Holders as of Feb. 23	02-09	MT
First BanCorp. Increases Quarterly Cash Dividend on Common Stock, Payable on March 8, 2024	02-08	CI
Transcript : First BanCorp., Q4 2023 Earnings Call, Jan 24, 2024	01-24
First BanCorp Q4 Earnings Up, Revenues Down	01-24	MT
Earnings Flash (FBP) FIRST BANCORP. Reports Q4 EPS $0.49, vs. Street Est of $0.36	01-24	MT
First BanCorp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	01-24	CI
First BanCorp. Reports Earnings Results for the Full Year Ended December 31, 2023	01-24	CI
First BanCorp. Reports Net Charge-Off for the Fourth Quarter Ended December 31, 2023	01-24	CI
Tranche Update on First BanCorp.'s Equity Buyback Plan announced on July 24, 2023.	01-23	CI
BofA Securities Adjusts Price Target on First BanCorp to $18.50 From $18.60, Maintains Buy Rating	01-04	MT

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Company Profile

First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.

Sector

Banks

Calendar

2024-07-23 - Q2 2024 Earnings Release

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Russell 2000

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Ratings for First BanCorp.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

20.6 USD

Average target price

20.67 USD

Spread / Average Target

+0.32%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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First BanCorp.

Equities

FBP

PR3186727065

Banks

First Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2018

EPS Revisions