First BanCorp. reports $33.1M in 1Q18 net income
April 28, 2018
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $33.1 million for the first quarter of 2018.
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First Bancorp. reports $24.2M in net income for 4Q17
January 30, 2018
First BanCorp. reported net income of $24.2 million for the fourth quarter of 2017, or $0.11 per diluted share, compared to a net loss of $10.8 million, or $0.05 per diluted share, for the third quarter of 2017 and net income of $23.9 million, or $0.11 per diluted share, for the fourth quarter of 2016.
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Storms deal $10.8M net loss to First BanCorp. in 3Q17
November 8, 2017
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported a net loss of $10.8 million for the third quarter of 2017 compared to net income of $24.1 million for the third quarter of 2016.
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THL, Oaktree launch sale of 20M FirstBank shares
August 3, 2017
First BanCorp., the bank holding company for FirstBank Puerto Rico, announced Wednesday that certain stockholders have commenced a public underwritten offering of an aggregate of 20 million shares of the corporation’s common stock, $0.10 par value per share that they currently own.
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First BanCorp reports $28M in net income for 2Q17
July 31, 2017
First BanCorp. reported net income of $28 million for the second quarter of 2017, or $0.13 per diluted share, compared to $25.5 million, or $0.11 per diluted share, for the first quarter of 2017 and $22 million, or $0.10 per diluted share, for the second quarter of 2016.
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First BanCorp. report $25.5M net income for 1Q17
April 26, 2017
First BanCorp. reported Tuesday net income of $25.5 million for the first quarter of 2017, or $0.11 per diluted share, compared to $23.9 million, or $0.11 per diluted share, for the fourth quarter of 2016 and $23.3 million, or $0.11 per diluted share, for the first quarter of 2016.
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First BanCorp.’s private equity groups selling 20M shares
February 2, 2017
First BanCorp., the bank holding company for FirstBank Puerto Rico, announced Wednesday that certain stockholders have commenced a public underwritten offering of an aggregate of 20 million shares of the corporation’s common stock, $0.10 par value per share that they currently own.
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First BanCorp. reports $24.1M in 3Q16 net income
October 26, 2016
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Tuesday net income of $24.1 million for the third quarter of 2016.
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First BanCorp reports $22M in 2Q16 net income
July 27, 2016
First BanCorp, the bank holding company for FirstBank Puerto Rico, on Tuesday reported net income of $22 million for the second quarter of 2016, or $0.10 per diluted share, compared to $23.3 million, or $0.11 per diluted share, for the first quarter of 2016 and a net loss of $34.1 million, or $0.16 per diluted share, for the second quarter of 2015.
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Fitch: P.R. bank ratings reflect Commonwealth’s woes
July 19, 2016
Following the Commonwealth of Puerto Rico's default, ratings for the island's two main banks, Popular (BPOP) and First BanCorp (FBP), will not be immediately affected, according to Fitch Ratings.
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First BanCorp. garners $23.3M in 1st quarter net income
April 26, 2016
First BanCorp., the parent company for FirstBank Puerto Rico, reported Monday net income of $23.3 million for the first quarter of 2016, or $0.11 per diluted share, compared to $15 million, or $0.07 per diluted share, for the fourth quarter of 2015 and $25.6 million, or $0.12 per diluted share, for the first quarter of 2015.
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First BanCorp earns $14.8M in third quarter ’15
October 27, 2015
First BanCorp., parent company of FirstBank Puerto Rico, on Monday reported net income of $14.8 million for the third quarter of 2015, or $0.07 per diluted share, compared to a net loss of $34.1 million, or $0.16 per diluted share, for the second quarter of 2015 and net income of $23.2 million, or $0.11 per diluted share, for the third quarter of 2014.
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First BanCorp reports $34.1M loss in 2Q15
July 30, 2015
First BanCorp, the bank holding company for FirstBank Puerto Rico reported Wednesday a net loss of $34.1 million for the second quarter of 2015, or $0.16 per diluted share, compared to net income of $25.6 million, or $0.12 per diluted share, for the first quarter of 2015 and net income of $21.2 million, or $0.11 per diluted share, for the second quarter of 2014.
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Fitch affirms ratings for Puerto Rico banks after review
December 5, 2014
Fitch Ratings announced Thursday it completed a peer review of three rated Puerto Rican banks, and affirmed the long-term “Issuer Default Ratings” for Doral Financial Corp. at 'C' and Popular Inc. at 'BB-' and First BanCorp at 'B-.'
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First BanCorp taking $66.6M charge on Lehman collateral
May 14, 2013
First BanCorp on Monday announced the U.S. Bankruptcy Court for the Southern District of New York denied the bank’s motion for summary judgment filed in connection to $66.6 million it had posted as collateral with Lehman Brothers Inc., which filed for Ch. 11 nearly five years ago.
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