FBP News

First BanCorp (NYSE:FBP) shareholders are no doubt pleased to see that the share price has bounced 40% in the last...

Is First BanCorp. (NYSE:FBP) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...

Q4 2019 First Bancorp Earnings Call

First BanCorp. (the "Corporation") (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.05 per share on its outstanding common stock. The dividend is payable on June 12, 2020 to shareholders of record at the close of business on May 28, 2020.

Despite the strong market rally in 2019, there are few stocks that are trading cheap and hence are good investment options for value investors in 2020.

First BanCorp. (the "Corporation") (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that, due to the continuing coronavirus (COVID-19) pandemic and out of concern for the health and safety of our stockholders and other possible attendees at its 2020 Annual Meeting of Stockholders (the "Annual Meeting"), the Annual Meeting will be held in a virtual-only format, instead of as an in-person event at the Corporation’s principal offices. The Annual Meeting will still be held at the previously-announced time and date of 10:00 a.m., local time, on Friday, May 22, 2020.

Good morning, everyone and thank you for joining First BanCorp's conference call and webcast to discuss the company's financial results for the first quarter 2020. Joining you today from First BanCorp are Aurelio Aleman, President and Chief Executive Officer; and Orlando Berges, Executive Vice President and Chief Financial Officer.

Investors need to pay close attention to First BanCorp (FBP) stock based on the movements in the options market lately.

First BanCorp. (the "Corporation") (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared the following monthly cash dividends on its outstanding shares of Series A through E Noncumulative Perpetual Monthly Income Preferred Stock (the "Preferred Stock"):

First BanCorp (the "Corporation") (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the first quarter ended March 31, 2020, before the market opens on Thursday, April 30, 2020.

Does First Bancorp (FBP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Q1 2020 First Bancorp Earnings Call

To the annoyance of some shareholders, First BanCorp (NYSE:FBP) shares are down a considerable 31% in the last month...

To the annoyance of some shareholders, First BanCorp (NYSE:FBP) shares are down a considerable 59% in the last month...

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

First BanCorp. (NYSE:FBP) is about to trade ex-dividend in the next 4 days. This means that investors who purchase...

If you're interested in First BanCorp. (NYSE:FBP), then you might want to consider its beta (a measure of share price...

First BanCorp. (the "Corporation") (NYSE: FBP), the bank holding company for FirstBank Puerto Rico ("FirstBank" or "the Bank"), today reported net income of $2.3 million, or $0.01 per diluted share, for the first quarter of 2020, compared to $36.4 million, or $0.16 per diluted share, for the fourth quarter of 2019, and $43.3 million, or $0.20 per diluted share, for the first quarter of 2019. Financial results for the first quarter of 2020 included the effect of a reserve builda for loans, finance leases and debt securities of $59.8 million ($39.8 million after-tax, or $(0.18) per diluted share), driven by the effect of the COVID-19 pandemic on forecasted economic and market conditions, and a tax-exempt gain from sales of investment securities of $8.2 million, or $0.04 per diluted share.