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home / news releases / FBP - First BanCorp: Revising The Earnings Estimate Upwards Thanks To Better Provisioning Outlook

FBP - First BanCorp: Revising The Earnings Estimate Upwards Thanks To Better Provisioning Outlook

First BanCorp.
  • The existing loan pipelines and strength in the Puerto Rican economy signal an acceleration in loan growth.
  • There are good chances of further reserve releases partly because of the continued strengthening of the regional economy.
  • The year-end target price suggests a small upside from the current market price. Further, FBP is offering a decent dividend yield.

For further details see:

First BanCorp: Revising The Earnings Estimate Upwards Thanks To Better Provisioning Outlook
Stock Information
Company Name: First BanCorp.
Stock Symbol: FBP
Market: NYSE
Website: 1firstbank.com
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