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SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today a strategic reorganization aligned with its corporate succession plan aimed at improving operational efficiency, enhancing customer experience, and driving business transformation to align resources for future growth and success. “We are pleased to announce this reorganization, which reflect our commitment to fostering the continued developm.
First BanCorp. (NYSE:FBP ) Q4 2024 Earnings Conference Call January 23, 2025 10:00 AM ET Company Participants Ramon Rodriguez - Investor Relations Officer Aurelio Aleman - President and CEO Orlando Berges - Executive Vice President and CFO Conference Call Participants Frank Schiraldi - Piper Sandler Timur Braziler - Wells Fargo Kelly Motta - KBW Steve Moss - Raymond James Operator Hello, everyone. And thank you for joining the First BanCorp. Fourth Quarter 2024 and Full Year Financial Results.
Although the revenue and EPS for First Bancorp (FBP) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
First Bancorp (FBP) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.49 per share a year ago.
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 $75.7 million, or $0.46 per diluted share, for the fourth quarter of 2024, compared to $73.7 million, or $0.45 per diluted share, for the third quarter of 2024, and $79.5 million, or $0.46 per diluted share, for the fourth quarter of 2023. For the year ended December 31, 2024, th.
First BanCorp Announces a 13% Increase in Quarterly Cash Dividend on Common Stock to $0.18 Per Share
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--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 $0.18 per share, which represents an increase of 13% or $0.02 per common share compared to its most recent dividend paid in December 2024. The dividend is payable on March 7, 2025 to shareholders of record at the close of business on February 21, 2025. “We are pleased to a.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for First Bancorp (FBP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
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