First BanCorp.

FBP

PR3186727065

Banks

Market Closed - Nyse Other stock markets 01:30:02 17/07/2024 am IST			5-day change	1st Jan Change
20.6 ^USD	+5.53%		+14.06%	+25.23%

09/07	Wells Fargo Adjusts Price Target on First BanCorp to $19 From $18, Maintains Equalweight Rating	MT
09/07	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, 2020

January 29, 2021 at 05:30 pm IST

First BanCorp. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 177.767 million compared to USD 139.929 million a year ago. Net income was USD 50.138 million compared to USD 36.449 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.16 a year ago. For the full year, net interest income was USD 600.322 million compared to USD 567.081 million a year ago. Net income was USD 102.273 million compared to USD 167.377 million a year ago. Basic earnings per share from continuing operations was USD 0.46 compared to USD 0.76 a year ago.

Latest news about First BanCorp.

Wells Fargo Adjusts Price Target on First BanCorp to $19 From $18, Maintains Equalweight Rating	09/07	MT
CORRECTION : Raymond James Initiates First BanCorp at Outperform With $21 Price Target	09/07	MT
Oppenheimer Initiates First BanCorp at Outperform With $21 Price Target	09/07	MT
First BanCorp Keeps Quarterly Cash Dividend at $0.16 per Share, Payable June 14 to Holders of Record on May 30	26/04	MT
First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on June 14, 2024	26/04	CI
Keefe Bruyette & Woods Adjusts First BanCorp Price Target to $21 From $19, Maintains Outperform Rating	25/04	MT
Transcript : First BanCorp., Q1 2024 Earnings Call, Apr 23, 2024	23/04
Tranche Update on First BanCorp.'s Equity Buyback Plan announced on July 24, 2023.	23/04	CI
First BanCorp Q1 Adjusted Earnings Rise, Revenue Falls	23/04	MT
First BanCorp. Announces Net Charge Offs for the Quarter Ended March 31, 2024	23/04	CI
First BanCorp. Reports Earnings Results for the First Quarter Ended March 31, 2024	23/04	CI
NCino Picked by FirstBank Puerto to Back Commercial Lending Services	20/03	MT
First BanCorp Insider Sold Shares Worth $858,295, According to a Recent SEC Filing	08/03	MT
First BanCorp Insider Sold Shares Worth $256,800, According to a Recent SEC Filing	08/03	MT
First Bancorp Insider Sold Shares Worth $998,675, According to a Recent SEC Filing	10/02	MT
First BanCorp Lifts Quarterly Cash Dividend by $0.02 to $0.16 a Share, Payable March 8 to Holders as of Feb. 23	09/02	MT
First BanCorp. Increases Quarterly Cash Dividend on Common Stock, Payable on March 8, 2024	09/02	CI
Transcript : First BanCorp., Q4 2023 Earnings Call, Jan 24, 2024	24/01
First BanCorp Q4 Earnings Up, Revenues Down	24/01	MT
Earnings Flash (FBP) FIRST BANCORP. Reports Q4 EPS $0.49, vs. Street Est of $0.36	24/01	MT
First BanCorp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	24/01	CI
First BanCorp. Reports Earnings Results for the Full Year Ended December 31, 2023	24/01	CI
First BanCorp. Reports Net Charge-Off for the Fourth Quarter Ended December 31, 2023	24/01	CI
Tranche Update on First BanCorp.'s Equity Buyback Plan announced on July 24, 2023.	24/01	CI
BofA Securities Adjusts Price Target on First BanCorp to $18.50 From $18.60, Maintains Buy Rating	04/01	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

23/07/2024 - 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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Other Banks

First BanCorp.

Equities

FBP

PR3186727065

Banks

First Bancorp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020

EPS Revisions