First BanCorp., the parent company for FirstBank Puerto Rico, reported Wednesday a net loss of $122.6 million for the second quarter of 2013, or $0.60 per diluted share, compared to a net loss of $72.6 million, or $0.35 per diluted share, for the first quarter of 2013 and net income of $9.4 million, or $0.05 per diluted share for the second quarter of 2012.
While many Puerto Rico residents will kick off a four-day weekend today, commercial banks will be observing the July 25th Constitution Day celebration and Saturday’s José Celso Barbosa holiday with special hours.
A group of entrepreneurs who own small- and mid-sized businesses in Ponce recently took part in a seminar hosted by FirstBank Puerto Rico, marking the start of the second phase of an educational program launched last year to provide financial literacy tools to that sector. Economist Gustavo Vélez offered the seminar entitled “Economic trends for […]
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