The Puerto Rico Treasury Department collected $709.3 million in February for the General Fund, a figure that was up $39.4 million, or 5.9 percent when compared to the same month last year, and $6.5 million, or 0.9 percent, below estimates.
First BanCorp., the bank holding company for FirstBank Puerto Rico, on Thursday reported net income of $26.3 million for the fourth quarter of 2014, or $0.12 per diluted share, compared to $23.2 million, or $0.11 per diluted share, for the third quarter of 2014 and $14.8 million, or $0.07 per diluted share, for the fourth quarter of 2013.
The Puerto Rico Treasury Department said Friday that collections for December 2014 totaled $854 million, or $71.2 million less than the same month in 2013, and $64 million below projections.
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