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FBP News and Press, First BanCorp. From 07/22/22

Stock Information

Company Name: First BanCorp.
Stock Symbol: FBP
Market: NYSE
Website: 1firstbank.com

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FBP - First BanCorp. (FBP) CEO Aurelio Aleman on Q2 2022 Results - Earnings Call Transcript

First BanCorp. (FBP) Q2 2022 Earnings Conference Call July 22, 2022 10:00 AM ET Company Participants Ramon Rodriguez - Corporate Strategy and Investor Relations Officer Aurelio Aleman - President and Chief Executive Officer Orlando Berges - Executive Vice Preside...

FBP - First BanCorp. Non-GAAP EPS of $0.38 beats by $0.03, revenue of $236.51M beats by $12.91M

First BanCorp. press release ( NYSE: FBP ): Q2 Non-GAAP EPS of $0.38 beats by $0.03 . Revenue of $236.51M (+7.1% Y/Y) beats by $12.91M . "We expect that healthy loan pipelines coupled with steady recovery trends in our main market should result in sustained loa...

FBP - First BanCorp. Announces Earnings for the Quarter Ended June 30, 2022

Net income of $74.7 million, or $0.38 per diluted share, for the second quarter of 2022, compared to $82.6 million, or $0.41 per diluted share, for the first quarter of 2022. Income before income taxes of $108.8 million for the second quarter of 2022, compared to $125.6 million fo...

FBP - First BanCorp. Q2 2022 Earnings Preview

First BanCorp. ( NYSE: FBP ) is scheduled to announce Q2 earnings results on Friday, July 22nd, before market open. The consensus EPS Estimate is $0.35 (-2.8% Y/Y) and the consensus Revenue Estimate is $223.6M (+4.2% Y/Y). Over the last 2 years, FBP has beaten EPS es...

FBP - GrandSouth Bancorporation GAAP EPS down Y/Y, revenue up Y/Y, merger with First Bancorp agreed

GrandSouth Bancorporation press release ( OTCQX:GRRB ): Q2 GAAP EPS of $0.65 (vs. $0.71 in year-ago period). Revenue of $13.9M (+10.3% Y/Y). The annualized returns on average assets and average equity were 1.18% and 15.22%, respectively. "We have agreed to a p...

FBP - 7 Bank Stocks to Buy on the Dip

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With interest rates on the rise, you would think bank stocks would be having a banner year. Unfortunately, so far this year, banking stocks have struggled. Recession fears have outweighed the rising rate tailwind. However...

FBP - First BanCorp to Announce 2Q 2022 Results on July 22, 2022

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, 2022, before the market opens on July 22, 2022. First BanCorp will h...

FBP - Dividend Champion, Contender, And Challenger Highlights: Week Of June 5

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. For further details see: Dividend Champion, Contender, An...

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

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 f...

FBP - Dividend Champion, Contender, And Challenger Highlights: Week Of May 22

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. For further details see: Dividend Champion, Contender, An...

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