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First Bancorp PR - FBP STOCK NEWS

Welcome to our dedicated news page for First Bancorp PR (Ticker: FBP), a resource for investors and traders seeking the latest updates and insights on First Bancorp PR.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Bancorp PR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Bancorp PR's position in the market.

News
First BanCorp to Announce 1Q 2024 Results on April 23, 2024
Rhea-AI Summary
First BanCorp (FBP) to report Q1 financial results on April 23, 2024, with a conference call and webcast scheduled to discuss the results. Investors can access the webcast through fbpinvestor.com or dial-in. A replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
earnings
-
News
First BanCorp. Increases Quarterly Cash Dividend on Common Stock to $0.16
Rhea-AI Summary
First BanCorp. (NYSE: FBP) has announced a 14% increase in its quarterly cash dividend to $0.16 per share, up from $0.14. The dividend is payable on March 8, 2024, to shareholders of record on February 23, 2024. This increase demonstrates the company's commitment to increasing shareholder value and maintaining a strong capital position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
Tags
dividends
-
News
First BanCorp. Announces Earnings for the Quarter and Year Ended December 31, 2023
Rhea-AI Summary
First BanCorp. (FBP) reported a net income of $79.5 million for Q4 2023, compared to $82.0 million for Q3 2023. For the year ended December 31, 2023, the net income was $302.9 million. The return on average assets for Q4 2023 was 1.70%, and the net interest margin remained flat at 4.14%. Non-interest income increased to $33.6 million, and non-interest expenses increased to $126.6 million. Total loans grew by $233.0 million, and total deposits decreased by $261.9 million. The Corporation returned approximately $300 million to its shareholders through repurchases of common stock and dividends. The tangible common equity ratio increased to 7.67% as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
earnings
News
First Bancorp to Announce 4Q 2023 Results on January 24, 2024
Rhea-AI Summary
First BanCorp (NYSE: FBP) expects to report its Q4 2023 financial results on January 24, 2024. The conference call and webcast to discuss the results will be held at 11:00 a.m. Eastern time on the same day. The webcast will be available on the Corporation’s investor relations website: fbpinvestor.com. Listeners can also access the call through a dial-in telephone number. A question-and-answer session will follow the presentation, and a replay will be archived on the website until January 24, 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
Tags
earnings
-
News
First BanCorp Declares Quarterly Cash Dividend on Common Stock
Rhea-AI Summary
First BanCorp. (NYSE: FBP) has declared a quarterly cash dividend of $0.14 per share on its outstanding common stock. The dividend will be payable on December 8, 2023, to shareholders of record as of November 24, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
dividends
-
News
First BanCorp. Announces Earnings for the Quarter Ended September 30, 2023
Rhea-AI Summary
First BanCorp reports net income of $82.0 million for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.24%
Tags
earnings
News
First BanCorp to Announce 3Q 2023 Results on October 20, 2023
Rhea-AI Summary
First BanCorp to report Q3 2023 financial results on October 20, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
Tags
earnings
-
News
First BanCorp. Announces Earnings for the Quarter Ended June 30, 2023
Rhea-AI Summary
First BanCorp. (NYSE: FBP) reported a net income of $70.7 million, or $0.39 per diluted share, for the second quarter of 2023, consistent with the first quarter. Key financial metrics include a return on average assets of 1.51%, net interest income of $199.8 million, and non-interest income of $36.3 million. Provision for credit losses increased to $22.2 million, and total loans increased by $140.4 million to $11.7 billion. Total deposits increased by $767.7 million to $16.8 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
earnings
-
News
First BanCorp Announces Capital Actions
Rhea-AI Summary
First BanCorp. announces new stock repurchase program of up to $225 million and declares quarterly cash dividend of $0.14 per share on outstanding common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.66%
Tags
none
News
First BanCorp to Announce 2Q 2023 Results on July 27, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
earnings
Stock FBP logo
First Bancorp PR

NYSE:FBP

FBP Rankings

#1617 Ranked by Market Cap
#3134 Ranked by Stock Gains
#885 Ranked by Dividends

FBP Stock Data

2.77B
161.98M
2.03%
96.84%
1.3%
Commercial Banking
Finance and Insurance
Link
United States
San Juan

About FBP

sustentado con más de 65 años de historia, firstbank es uno de los bancos puertorriqueños con mayor solidez, operando sobre 140 sucursales, oficinas y centros de servicio a través de puerto rico, islas vírgenes y florida. nosotros en firstbank atendemos a nuestros clientes como si el banco fuera de cada uno. a través de nuestro equipo de expertos e innovadores productos y servicios, continuamente logramos hacerle la vida más fácil a nuestros clientes; incluyendo individuos, pequeños y medianos negocios y corporaciones. ¡déjanos mostrarte el lado humano de la banca!