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First Bancorp: Q4 Earnings Snapshot

Associated Press
·1 min read

SAN JUAN, Puerto Rico (AP) _ First Bancorp (FBP) on Friday reported fourth-quarter net income of $73.2 million.

The San Juan, Puerto Rico-based bank said it had earnings of 40 cents per share.

The holding company for FirstBank Puerto Rico posted revenue of $235.2 million in the period. Its revenue net of interest expense was $219.5 million, missing Street forecasts.

For the year, the company reported profit of $305.1 million, or $1.59 per share. Revenue was reported as $890.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBP at https://www.zacks.com/ap/FBP

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