|
|
|
|
|
12.12.25 - 15:24
|
First Bancorp Announces Cash Dividend (PR Newswire)
|
|
|
SOUTHERN PINES, N.C., Dec. 12, 2025 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.23 per share payable on January 25, 2026 to shareholders of record as of......
|
|
|
|
|
01.12.25 - 17:57
|
KBRA Assigns Ratings to First BanCorp. (Business Wire)
|
|
|
NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to San Juan, Puerto Rico-based First BanCorp. (NASDAQ: FBP) (“the company”). KBRA also assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to its primary bank subsidiary, FirstBank Puerto Rico. The Outlook for all long-term ratings is Stable.
Key Credit Considerations
FBP's ratings principally reflect its solid franchise within Puerto Rico which supports a granular, relatively low-cost deposit base and a better-than-peer average net interest margin (NIM). Despite the rising interest rate environment during the 2022 to 2023 Fed tightening cycle, FBP's NIM was comparatively resilient, as it was able to lag deposit pricing substantially. And while the company remains spread dependent with fee revenue making up 12%-15% of total revenues historically...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
23.10.25 - 13:09
|
First BanCorp. Announces Earnings for the Quarter Ended September 30, 2025 (Business Wire)
|
|
|
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today reported a net income of $100.5 million, or $0.63 per diluted share, for the third quarter of 2025, compared to $80.2 million, or $0.50 per diluted share, for the second quarter of 2025, and $73.7 million, or $0.45 per diluted share, for the third quarter of 2024.
Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: “We delivered another quarter of exceptional financial performance underscored by record net interest income, disciplined loan growth, and well-managed asset quality. Adjusted for non-recurring special items, diluted earnings per share and pre-tax, pre-provision income were up by 13% and 9%, respectively, when compared to the prior year resulting in a very strong adjusted return on average assets of 1.70%.
Our strong capital position enabled us to cont...
|
|
|
|
|
|
|
|
|
22.10.25 - 22:33
|
First BanCorp Announces Capital Actions (Business Wire)
|
|
|
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors approved the following capital actions:
The declaration of a quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on December 12, 2025 to shareholders of record at the close of business on November 28, 2025.
A new stock repurchase program of up to $200 million that we expect to be executed, at management's discretion, through the end of the 4th quarter of 2026; this approval is in addition to the approximately $38 million remaining under the stock repurchase program announced on July 22, 2024.
Aurelio Alemán, President and Chief Executive Officer, stated, "We are pleased to announce that a new stock repurchase program has been approved by the Board of Directors, reflecting our continued confidence in the strength of our balance sheet and long-term outlook of our Corpo...
|
|
|
22.10.25 - 22:21
|
The First Bancorp Announces Third Quarter Results (Business Wire)
|
|
|
Strong Net Income Growth, Net Interest Margin Expansion, and Growth in Non-Maturity Deposits Highlight Third Quarter PerformanceDAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited results for the quarter ended September 30, 2025. Net income for the period was $9.1 million with fully diluted earnings per share of $0.81. The Company also reported unaudited results for the nine months ended September 30, 2025, with net income for the period of $24.2 million and fully diluted earnings per share of $2.16.
Third Quarter Notable Items:
Net Income of $9.1 million represents:
growth of 20.0% as compared to Q3 2024; diluted EPS growth of 19.3%
growth of 12.6% as compared to Q2 2025; diluted EPS growth of 12.5%
Net Interest Margin expanded to 2.70% and is:
an increase of 38 basis points from Q3 2024
an increase of 18 basis points from Q2 2025
Non-Maturity Dep...
|
|
|
22.10.25 - 22:09
|
First Bancorp Reports Third Quarter Results (PR Newswire)
|
|
|
Third Quarter 2025 Financial Data (Dollars in 000s, except per share data) Q3-2025 Q2-2025 Q3-2024 Summary Income Statement Total interest income $ 144,200 $ 136,741 $ 131,409 Total interest expense 41,711 40,065 48,366 Net interest income 102,489 96,676 83,043 Provision for credit losses......
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
