Liberty was one of several telecommunications service providers that received FCC hurricane recovery funding that totaled $51 million for Puerto Rico and the U.S. Virgin Islands.
A rebound by Puerto Rico’s individual and business consumers is fueling growth at Oriental, which reported net income available to shareholders of $19.6 million or $0.42 per fully diluted share during the third quarter of this year.
Evertec Inc. reported $113.3 million in total revenue for the second quarter ended June 30, representing a 10 percent increase compared with $103.5 million in the prior year.
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $31.0 million for the second quarter of 2018, or $0.14 per diluted share, compared to $33.1 million, or $0.15 per diluted share, for the first quarter of 2018 and $28.0 million, or $0.13 per diluted share, for the second quarter of […]
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.
EVERTEC Inc. announced results for the fourth quarter and full year ended Dec. 31, 2017, reflecting a 2 percent revenue drop, to $99.6 million, during the three-month period, but a 5 percent increase to $407.1 million for the 12-month period.
OFG Bancorp reported results for the fourth quarter and year ended Dec. 31, 2017, which reflected net income available to shareholders increased to $13.6 million, or $0.30 per share fully diluted, from a net loss of $146,000, or $0.00 per share, in 3Q17. OFG reported net income of $12.1 million, or $0.27 per share fully diluted, in 4Q16.
Popular Inc. reported a net loss of $102.2 million for the quarter ended Dec. 31, 2017, compared to a net income of $20.7 million for the prior reflecting a non-cash income tax expense of $168.4 million due to the impact of the Federal Tax Cut and Jobs Act in the corporation’s U.S. deferred tax asset.
Upon releasing second quarter results, Oriental Financial Group President José Rafael Fernández said despite solid performance, there is a “great deal of uncertainty” moving forward about the economic impact from Puerto Rico’s fiscal restructuring.
OFG Bancorp reported Tuesday results for the fourth quarter, reflecting an increase in net income available to shareholders to $12.1 million, or $0.27 per share fully diluted, from $11.7 million, or $0.26 per share fully diluted, in the third quarter and a loss of $4.4 million, or ($0.10) per share, in the same year-ago quarter.
Puerto Rican managed care company Triple-S Management Corporation announced Thursday consolidated revenues of $744.7 million and a net loss of $1.9 million, or $(0.08) per diluted share, versus net income of $4.2 million, or $0.16 per diluted share a year ago.
The Coliseo of Puerto Rico Jose Miguel Agrelot wrapped up Fiscal 2016 — one of its most successful in its 12-year history — with 103 events, which accounted for a total attendance of more than 700,000 guests and more than $35 million in gross ticket sales, venue officials announced Wednesday.
EVERTEC Inc. announced results for its second quarter ended June 30, 2016 Thursday, reporting a 5 percent growth in revenue to $97.7 million, compared with $93.4 million in the prior year.
Popular Inc. reported net income of $52.9 million for the quarter ended Dec. 31, 2014 on Thursday, when CEO Richard Carrión told analysts that the bank’s “strong market position, significant liquidity, excess capital levels and internal capital generation will continue to be key to our future performance.”
Triple-S Management Corp. announced Tuesday net income of $4.7 million for the third quarter ended Sept. 30, reflecting a 75 percent drop from last year's third quarter net income of $18.6 million
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