|Bid||5.79 x 800|
|Ask||5.80 x 1200|
|Day's Range||5.68 - 5.83|
|52 Week Range||3.50 - 11.24|
|Beta (5Y Monthly)||1.57|
|PE Ratio (TTM)||10.03|
|Earnings Date||Jul 21, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||0.20 (3.65%)|
|Ex-Dividend Date||May 27, 2020|
|1y Target Est||8.70|
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"):
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, 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.
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.
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.
First BanCorp (NYSE:FBP) shareholders are no doubt pleased to see that the share price has bounced 40% in the last...
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.
To the annoyance of some shareholders, First BanCorp (NYSE:FBP) shares are down a considerable 59% in the last month...
To the annoyance of some shareholders, First BanCorp (NYSE:FBP) shares are down a considerable 31% in the last month...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]
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