First BanCorp. Announces Earnings for the Quarter Ended September 30, 2024
First BanCorp. New (FBP)
Last first bancorp. new earnings: 4/30 07:30 am
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US:NYSE Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=4041406
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Source: Business Wire
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today reported a net income of $73.7 million, or $0.45 per diluted share, for the third quarter of 2024, compared to $75.8 million, or $0.46 per diluted share, for the second quarter of 2024, and $82.0 million, or $0.46 per diluted share, for the third quarter of 2023. Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: “Our third quarter results reflect our commitment to deliver consistent performance and our ability to generate organic capital on the back of a stable environment in our main market. We posted a strong return on assets of 1.55%, maintained positive credit performance and stable deposit trends, and made good progress on our capital deployment strategy. The economy remains on solid footing driven by positive labor market trends and increased business
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FBP
News
- First BanCorp. (NYSE: FBP) had its price target raised by analysts at Keefe, Bruyette & Woods from $24.00 to $25.00. They now have an "outperform" rating on the stock.MarketBeat
- First BanCorp. (NYSE: FBP) had its price target raised by analysts at Wells Fargo & Company from $20.00 to $22.00. They now have an "equal weight" rating on the stock.MarketBeat
- First BanCorp Declares Quarterly Cash Dividend on Common StockBusiness Wire
- First BanCorp. (NYSE: FBP) had its price target lowered by analysts at Hovde Group from $25.00 to $24.00. They now have an "outperform" rating on the stock.MarketBeat
- First BanCorp. (NYSE: FBP) had its price target lowered by analysts at Piper Sandler from $22.00 to $21.00. They now have a "neutral" rating on the stock.MarketBeat
FBP
Earnings
- 10/23/24 - Beat
FBP
Sec Filings
- 12/16/24 - Form 4
- 12/10/24 - Form 4
- 12/3/24 - Form 4
- FBP's page on the SEC website