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FBP News Highlights
- FBP's 30 day story count now stands at 9.
- Over the past 17 days, the trend for FBP's stories per day has been choppy and unclear. It has oscillated between 1 and 7.
- IR, STEP and WWW are the most mentioned tickers in articles about FBP.
Latest FBP News From Around the Web
Below are the latest news stories about First Bancorp that investors may wish to consider to help them evaluate FBP as an investment opportunity.
First Bancorp (FBP) Q1 2021 Earnings Conference Call April 26, 2021, 10:00 ET Company Participants John Pelling - IR Officer & Capital Planning Officer Aurelio Alemán - President, CEO & Director Orlando Berges - EVP, CFO & Interim CAO Conference Call Participants Alex Twerdahl - Piper Sandler & Co. Glen...
Joining you today from First Bancorp are Aurelio Aleman, President and Chief Executive Officer; and Orlando Berges, Executive Vice President and Chief Financial Officer. Before we begin today's call, it is my responsibility to inform you this comment involves certain forward-looking statements such as projections of revenue, earnings and capital structure as well as statements on the plans and objectives of the company's business.
First Bancorp (FBP) delivered earnings and revenue surprises of 29.17% and 0.07%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
First BanCorp. (the "Corporation") (NYSE: FBP), the bank holding company for FirstBank Puerto Rico ("FirstBank" or "the Bank"), today reported net income of $61.2 million, or $0.28 per diluted share, for the first quarter of 2021, compared to $50.1 million, or $0.23 per diluted share, for the fourth quarter of 2020, and $2.3 million, or $0.01 per diluted share, for the first quarter of 2020. Financial results for the first quarter of 2021 include a net benefit of $15.3 million ($9.5 million after-tax, or an increase of $0.04 per diluted share) recorded to the provision for credit losses, primarily related to an improving macroeconomic outlook during the quarter. In addition, during the first quarter of 2021, the Corporation recorded merger and restructuring costs of $11.3 million ($7.0 ...
First BanCorp. (the "Corporation") (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has approved a stock repurchase program, under which the Corporation may repurchase up to $300 million of its outstanding stock, commencing this quarter through June 30, 2022.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […]
So what did the stock market do today?
First BanCorp (FBP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
NEW YORK, NY / ACCESSWIRE / January 29, 2021 / First BanCorp (Puerto Rico) (NYSE:FBP) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on January 29, 2021 at 10:00 AM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today reported net income of $50.1 million, or $0.23 per diluted share, for the fourth quarter of 2020, compared to $28.6 million, or $0.13 per diluted share, for the third quarter of 2020, and $36.4 million, or $0.16 per diluted share, for the fourth quarter of 2019. Financial results for the fourth quarter of 2020 reflected the