First Horizon (FHN) : This financial services company which offers regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management and capital market services, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 5.6% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 3.8%, compared with the industry average of 0.8%. Qifu Technology, Inc. (QFIN) : This Cr ...

Based in San Juan, First Bancorp (FBP) is in the Finance sector, and so far this year, shares have seen a price change of 10.88%. Currently paying a dividend of $0.16 per share, the company has a dividend yield of 3.51%. In comparison, the Banks - Southeast industry's yield is 2.68%, while the S&P 500's yield is 1.58%. Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is ...

Have you been paying attention to shares of First Bancorp (FBP) ? Shares have been on the move with the stock up 12% over the past month. The stock hit a new 52-week high of $18.62 in the previous session. First Bancorp has gained 10.9% since the start of the year compared to the 5.1% move for the Zacks Finance sector and the 1.7% return for the Zacks Banks - Southeast industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our earn ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the quarterly period ended March 31, 2024 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from ___________________ to___________________ COMMISSION FILE NUMBER001-14793 FIRST BANCORP. (EXACT NAME OF REGISTRANT AS SPECIFIEDIN ITS CHARTER) Puerto Rico 66-0561882 (State or other jurisdiction of incorporation or organization) ____________ FORM 10-Q [X] QUARTERLY RE ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a m ...

First BanCorp. (NYSE:FBP) Q1 2024 Earnings Conference Call April 23, 2024 10:00 AM ET Ramon Rodriguez - IR Officer Aurelio Aleman-Bermudez - President and CEO Orlando Berges-Gonzalez - EVP and CFO Alex Twerdahl - Piper Sandler Kelly Motta - KBW I would now hand the floor over to Ramon Rodriguez to begin the call. Please go ahead when you're ready. Joining you today from First BanCorp are Aurelio Aleman, President and Chief Executive Officer; and Orlando Berges, Executive Vice President and Chief Financial O ...

Exhibit 99.1 FIRST BANCORP. ANNOUNCES EARNINGS FOR THE QUARTER ENDED MARCH 31, 2024 SAN JUAN, Puerto Rico – April 23, 2024 – 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 $73.5 million, or $0.44 per diluted share, for the first quarter of 2024, compared to $79.5 million, or $0.46 per diluted share, for the fourth quarter of 2023, and $70.7 million, or $0.39 per diluted share, ...

First Bancorp (FBP) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.79%. A quarter ago, it was expected that this holding company for FirstBank Puerto Rico would post earnings of $0.39 per share when it actually produced earnings of $0.49, delivering a surprise of 25.64%.Over the l ...

SAN JUAN, Puerto Rico, March 20, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ:NCNO), a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp (NYSE:FBP), has partnered with nCino to offer a more modern commercial banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio. This project was spurred on by FirstBank Puerto Rico's digital transforma ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-K (Mark one) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year EndedDecember 31, 2023 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ COMMISSION FILE NUMBER001-14793 FIRST BANCORP. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Puerto Rico 66-0 ...