First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $201.6 million, or $0.92 per diluted share, for the year ended Dec. 31, 2018, compared to $67 million, or $0.30 per diluted share, for the year ended Dec. 31, 2017. The financial institution also reported net income of $101.1 million, or […]
The Puerto Rico Bankers Association (PRBA) and the Federal Reserve Bank of New York (FRBNY) recognized the creativity and talent of college students who participated in the most recent edition of the “Financial Awareness Video Contest.” For 10 years, said competition has been well known for motivating college students to develop creative audiovisual pieces about […]
Popular Inc. closed 2018 with significant year-over-year increases in its net and adjusted income, according to its quarterly earnings report. For the 12-month period ended Dec. 31, 2018, adjusted net income was $487 million, up 76 percent from the prior year’s adjusted net income of $276 million. Net income for 2018 totaled $618.2 million, a […]
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