Net interest income climbs 8.1%, driven by margin expansion and deposit growth. #NewsismyBusiness
Higher investment yields and lower deposit costs drive margin expansion, credit quality improves across loan segments. #NewsismyBusiness
Banesco in Puerto Rico reported loan and deposit growth of 26% and 97% respectively over the last 12 months ended Sept. 30, 2024. #NewsismyBusiness
The bank achieved 17% asset growth, 18% loan growth and 27% deposit growth. #NewsismyBusiness
First BanCorp.’s board of directors approved a quarterly cash dividend of $0.16 per share on its outstanding common stock. #NewsismyBusiness
The financial institution plans to continue investing in technology to improve customer-facing services as well as internal processes. #NewsismyBusiness
The latest results include an after-tax impact of $9.1 million related to the FDIC Special Assessment in November 2023. #NewsismyBusiness
CUNA Mutual Group provides insurance and financial services to credit unions. #NewsismyBusiness
The financial institution’s loan portfolio grew this quarter despite “meaningful organic reductions” in resolution of non-performing assets.
OFG Bancorp revealed that for the second quarter ended June 30, 2018, it had net income available to shareholders of $16.2 million, or $0.35 per fully diluted share, compared to the first quarter’s $13.5 million and $13.6 million, equal to $0.30 per share, for the second quarter of 2017.
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.
Triple-S Management Corp. announced Tuesday consolidated revenues of $745.9 million and net income of $12.7 million, or $0.52 per diluted share, versus net income of $3.9 million, or $0.16 per diluted share for the same second quarter of 2016.
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Thursday net income of $23.9 million for the fourth quarter of 2016, or $0.11 per diluted share, compared to $24.1 million, or $0.11 per diluted share, for the third quarter of 2016 and $15.0 million, or $0.07 per diluted share, for the fourth quarter of 2015.
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Tuesday net income of $24.1 million for the third quarter of 2016.
Popular Inc. released earnings for the third quarter on Tuesday, reporting net income of $46.8 million for the three-month period ended Sept. 30, 2016, compared to net income of $89 million for the quarter ended June 30, 2016.
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