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FBP News and Press, First BanCorp. From 07/27/23

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Company Name: First BanCorp.
Stock Symbol: FBP
Market: NYSE

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FBP - First BanCorp. Non-GAAP EPS of $0.37 beats by $0.02, revenue of $236.09M beats by $4.26M

2023-07-27 07:52:42 ET First BanCorp. press release ( NYSE: FBP ): Q2 Non-GAAP EPS of $0.37 beats by $0.02 . Revenue of $236.09M (-0.2% Y/Y) beats by $4.26M . For further details see: First BanCorp. Non-GAAP EPS of $0.37 beats by $0.02, revenue of $236.09...

FBP - First BanCorp. Announces Earnings for the Quarter Ended June 30, 2023

Net income of $70.7 million, or $0.39 per diluted share, for the second quarter of 2023, consistent with the first quarter of 2023. Return on average assets for the second quarter of 2023 at 1.51%, compared to 1.55% for the first quarter of 2023. Income before income taxes of $101.0 million f...

FBP - First BanCorp. Q2 2023 Earnings Preview

2023-07-26 13:08:30 ET First BanCorp. ( NYSE: FBP ) is scheduled to announce Q2 earnings results on Thursday, July 27th, before market open. The consensus EPS Estimate is $0.35 (-7.9% Y/Y) and the consensus Revenue Estimate is $231.83M (-2.0% Y/Y). Over the last 2 year...

FBP - First BanCorp to implement $225M buyback program

2023-07-24 08:19:38 ET First BanCorp ( NYSE: FBP ) said Monday it has been approved by its board to buy up to $225M of its common stock in a series of transactions that are expected to last through the end of Q3 2024. The Puerto Rico-based lender expects to buy back some $15...

FBP - First BanCorp Announces Capital Actions

First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors approved the following capital actions: A new stock repurchase program of up to $225 million of the Corporation’s outstanding ...

FBP - First BanCorp to Announce 2Q 2023 Results on July 27, 2023

First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the second quarter ended June 30, 2023, before the market opens on July 27, 2023. First BanCorp will hold a conf...

FBP - First BanCorp Announces the Release of Its 2022 Corporate Sustainability Report

First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced the release of its 2022 Corporate Sustainability Report, which highlights the Corporation’s strategy and development relating to Environmental, Social and Governance ...

FBP - Simmons First National: Resilient Amid Regional Bank Fallout

2023-06-17 02:27:14 ET Summary Simmons First National Corporation is a small regional bank with a 120-year track record of avoiding unnecessary risks and focusing on creating shareholder value. The bank has experienced a downturn in stock price but has continued to meet its object...

FBP - Dividend Champion, Contender, And Challenger Highlights: Week Of June 4

2023-06-04 02:28:07 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The D...

FBP - Gator Capital Management Q1 2022 Investor Letter

2023-05-24 02:30:00 ET Summary Gator Capital Management is an investment manager specializing in managing non-diversified, concentrated portfolios stocks. Our goal is to create wealth for our clients by outperforming the market benchmarks. During the 1st quarter of 2023, the Fund ...

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