Previous 10 | Next 10 |
Jefferies equity strategists map out their reasons for going bullish on Financials in a recent report. With the U.S. yield curve steepening in the past two months and the U.S. breakeven curve flattening from deep inversion, "the market is beginning to recognize that both tapering and the rate...
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 divid...
At Gator Capital Management, we are dedicated to the management of concentrated investment portfolios consisting of companies with proven profitability and dominant franchises. For the second quarter of 2021, the Fund lagged both the overall market and the Financials sector benchmark....
First BanCorp. (FBP) Q2 2021 Earnings Conference Call July 23, 2021 10:00 a.m. ET Company Representatives Aurelio Alemán - President, Chief Executive Officer Orlando Berges - Executive Vice President, Chief Financial Officer John Pelling - Investor Relations Officer Conference Call Parti...
Net income of $70.6 million, or $0.33 per diluted share, for the second quarter of 2021, compared to $61.2 million, or $0.28 per diluted share, for the first quarter of 2021. The net income for the second and first quarters of 2021 included the following items of note: - Provisi...
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, 2021, before the market opens on July 23, 2021. First BanCorp will h...
Economic recovery in Puerto Rico will likely drive loan growth in the year ahead. The existing allowance for loan losses is quite high relative to actual loan losses and non-performing assets. Therefore, the provision expense will likely remain subdued. Due to the disbursement of ...
Shares of First BanCorp. (NYSE:FBP) traded at a new 52-week high today of $12.93. Approximately 398,000 shares have changed hands today, as compared to an average 30-day volume of 2.2 million shares. First BanCorp. (NYSE:FBP) defies analysts with a current price ($12.75) 5.1% above its a...
First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.07 per share on its outstanding common stock. The dividend is payable on June 11, 20...
Image source: The Motley Fool. First Bancorp (NYSE: FBP) Q1 2021 Earnings Call Apr 26, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: First Bancorp (FBP) Q1 2021 Earnings Call Transcript
News, Short Squeeze, Breakout and More Instantly...
First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced the release of its third annual Corporate Sustainability Report, highlighting the Corporation’s commitment to environmental stewardship, social responsibility, and eth...
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, 2024, before the market opens on July 23, 2024. First BanCorp will hold a conf...
2024-06-11 12:44:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...