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home / news releases / FBP - First BanCorp.: Net Provision Reversals To Drive Earnings

FBP - First BanCorp.: Net Provision Reversals To Drive Earnings

First BanCorp.
  • Economic rebound in Puerto Rico will likely subdue the provision expense and spur loan growth.
  • Next year’s earnings will likely decline because of higher provision expenses.
  • The year-end target price is close to the current market price. Further, FBP is offering a low dividend yield.

For further details see:

First BanCorp.: Net Provision Reversals To Drive Earnings
Stock Information
Company Name: First BanCorp.
Stock Symbol: FBP
Market: NYSE
Website: 1firstbank.com
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