FBP - Earnings announcements

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 $88.8 million, or $0.57 per diluted share, for the first quarter of 2026, compared to $87.1 million, or $0.55 per diluted share, for the fourth quarter of 2025, and $77.1 million, or $0.47 per diluted share, for the first quarter of 2025.   Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: "We began the year with another quarter of strong operating results, delivering consistent performance across our franchise. Earnings per share increased 21% year-over-year, reflecting str

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, 2026, before the market opens on April 22, 2026. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00am Eastern Time on Wednesday, April 22, 2026. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may a

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 $87.1 million, or $0.55 per diluted share, for the fourth quarter of 2025, compared to $100.5 million, or $0.63 per diluted share, for the third quarter of 2025, and $75.7 million, or $0.46 per diluted share, for the fourth quarter of 2024. For the year ended December 31, 2025, the Corporation reported a net income of $344.9 million, or $2.15 per diluted share, compared to $298.7 million, or $1.81 per diluted share, for the year ended December 31, 2024.   Aurelio Alemán, President and Chief Executive Offic

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 fourth quarter ended December 31, 2025, before the market opens on January 27, 2026. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00am Eastern Time on Tuesday, January 27, 2026. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call

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

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 third quarter ended September 30, 2025, before the market opens on October 23, 2025. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00am Eastern Time on Thursday, October 23, 2025. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The cal

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 $80.2 million, or $0.50 per diluted share, for the second quarter of 2025, compared to $77.1 million, or $0.47 per diluted share, for the first quarter of 2025, and $75.8 million, or $0.46 per diluted share, for the second quarter of 2024.                               Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: "We are quite pleased with our second quarter results which underscored

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 second quarter ended June 30, 2025, before the market opens on July 22, 2025. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00am Eastern Time on Tuesday, July 22, 2025. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may also

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 $77.1 million, or $0.47 per diluted share, for the first quarter of 2025, compared to $75.7 million, or $0.46 per diluted share, for the fourth quarter of 2024, and $73.5 million, or $0.44 per diluted share, for the first quarter of 2024.           Q1   Q4   Q1         2025   2024   2024       Financial Highlights (1)   Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: "We began the year with another qua

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, 2025, before the market opens on April 24, 2025. First BanCorp will hold a conference call and live webcast to discuss the financial results at 12:00p.m. Eastern time on Thursday, April 24, 2025. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may al

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 $75.7 million, or $0.46 per diluted share, for the fourth quarter of 2024, compared to $73.7 million, or $0.45 per diluted share, for the third quarter of 2024, and $79.5 million, or $0.46 per diluted share, for the fourth quarter of 2023. For the year ended December 31, 2024, the Corporation reported a net income of $298.7 million, or $1.81 per diluted share, compared to $302.9 million, or $1.71 per diluted share, for the year ended December 31, 2023.   Aurelio Alemán, President and Chief Executive Office

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 fourth quarter ended December 31, 2024, before the market opens on January 23, 2025. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Thursday, January 23, 2025. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The

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 $73.7 million, or $0.45 per diluted share, for the third quarter of 2024, compared to $75.8 million, or $0.46 per diluted share, for the second quarter of 2024, and $82.0 million, or $0.46 per diluted share, for the third quarter of 2023.   Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: "Our third quarter results reflect our commitment to deliver consistent performance and our ability to generate organic capital on the back of a stable environment in our main market. We post

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 third quarter ended September 30, 2024, before the market opens on October 23, 2024. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Wednesday, October 23, 2024. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The c

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 $75.8 million, or $0.46 per diluted share, for the second quarter of 2024, compared to $73.5 million, or $0.44 per diluted share, for the first quarter of 2024, and $70.7 million, or $0.39 per diluted share, for the second quarter of 2023. Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: "We closed the first half of the year with another quarter of solid operating performance across most franchise metrics and remain highly encouraged by our growth prospects throughout the rest o

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 second quarter ended June 30, 2024, before the market opens on July 23, 2024. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Tuesday, July 23, 2024. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may al

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, for the first quarter of 2023. Aurelio Alemán, President and Chief Executive Officer of First BanCorp., commented: "We continue to successfully navigate the challenging interest rate cycle delivering another quarter of strong operating results. Consistent with our guidance, we grew the loan portfolio for the

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, 2024, before the market opens on April 23, 2024. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Tuesday, April 23, 2024. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may

Net income of $79.5 million, or $0.46 per diluted share, for the fourth quarter of 2023, compared to $82.0 million, or $0.46 per diluted share, for the third quarter of 2023. Net income of $302.9 million, or $1.71 per diluted share, for the year ended December 31, 2023, compared to $305.1 million, or $1.59 per diluted share, for the year ended December 31, 2022. Net income for the quarter and year ended December 31, 2023 included a one-time Federal Deposit Insurance Corporation ("FDIC") special assessment expense of $6.3 million ($3.9 million after-tax, or a decrease of $0.03 per diluted share). Return on average assets for the fourth quarter of 2023 was 1.70%, compared to 1.72% for the

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 fourth quarter ended December 31, 2023, before the market opens on January 24, 2024. First BanCorp will hold a conference call and live webcast to discuss the financial results at 11:00 a.m. Eastern time on Wednesday, January 24, 2024. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The

Net income of $82.0 million, or $0.46 per diluted share, for the third quarter of 2023, compared to $70.7 million, or $0.39 per diluted share, for the second quarter of 2023. Return on average assets for the third quarter of 2023 at 1.72%, compared to 1.51% for the second quarter of 2023. Income before income taxes of $109.0 million for the third quarter of 2023, compared to $101.0 million for the second quarter of 2023. On a non-GAAP basis, pre-tax, pre-provision income of $113.4 million for the third quarter of 2023, compared to adjusted pre-tax, pre-provision income of $118.0 million for the second quarter of 2023. Net interest income of $199.7 million for the third quarter of

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 third quarter ended September 30, 2023, before the market opens on October 20, 2023. First BanCorp will hold a conference call and live webcast to discuss the financial results at 11:00 a.m. Eastern time on Friday, October 20, 2023. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The ca

Net income of $70.7 million, or $0.39 per diluted share, for the second quarter of 2023, consistent with the first quarter of 2023. Return on average assets for the second quarter of 2023 at 1.51%, compared to 1.55% for the first quarter of 2023. Income before income taxes of $101.0 million for the second quarter of 2023, compared to $102.6 million for the first quarter of 2023. On a non-GAAP basis, adjusted pre-tax, pre-provision income of $118.0 million for the second quarter of 2023, relatively flat compared to $118.1 million for the first quarter of 2023. Net interest income of $199.8 million for the second quarter of 2023, compared to $200.9 million for the first quarter of 2

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 second quarter ended June 30, 2023, before the market opens on July 27, 2023. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Thursday, July 27, 2023. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may a

Net income of $70.7 million, or $0.39 per diluted share, for the first quarter of 2023, compared to $73.2 million, or $0.40 per diluted share, for the fourth quarter of 2022. Income before income taxes of $102.6 million for the first quarter of 2023, compared to $106.5 million for the fourth quarter of 2022. Return on average assets for the first quarter of 2023 remains strong at 1.55%. On a non-GAAP basis, pre-tax, pre-provision income of $118.1 million for the first quarter of 2023, compared to pre-tax, pre-provision income of $122.2 million for the fourth quarter of 2022. Net interest income of $200.9 million for the first quarter of 2023, compared to $205.6 million for the fourth

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, 2023, before the market opens on April 25, 2023. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Tuesday, April 25, 2023. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may

Net income of $73.2 million, or $0.40 per diluted share, for the fourth quarter of 2022, compared to $74.6 million, or $0.40 per diluted share, for the third quarter of 2022. Income before income taxes of $106.5 million for the fourth quarter of 2022, compared to $106.6 million for the third quarter of 2022. Net income of $305.1 million, or $1.59 per diluted share, for the year ended December 31, 2022, compared to $281.0 million, or $1.31 per diluted share, for the year ended December 31, 2021. Income before income taxes of $447.6 million for the year ended December 31, 2022, compared to $427.8 million for the year ended December 31, 2021. On a non-GAAP basis, pre-tax, pre-provision in

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 fourth quarter ended December 31, 2022, before the market opens on January 27, 2023. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Friday, January 27, 2023. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call

Net income of $74.6 million, or $0.40 per diluted share, for the third quarter of 2022, compared to $74.7 million, or $0.38 per diluted share, for the second quarter of 2022. Income before income taxes of $106.6 million for the third quarter of 2022, compared to $108.8 million for the second quarter of 2022. On a non-GAAP basis, pre-tax, pre-provision income of $122.4 million for the third quarter of 2022, compared to $118.8 million for the second quarter of 2022. Net interest income increased to $207.9 million for the third quarter of 2022, compared to $196.2 million for the second quarter of 2022, primarily due to the upward repricing of variable-rate commercial loans and higher av

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 third quarter ended September 30, 2022, before the market opens on October 25, 2022. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Tuesday, October 25, 2022. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The cal

Net income of $74.7 million, or $0.38 per diluted share, for the second quarter of 2022, compared to $82.6 million, or $0.41 per diluted share, for the first quarter of 2022. Income before income taxes of $108.8 million for the second quarter of 2022, compared to $125.6 million for the first quarter of 2022. On a non-GAAP basis, adjusted pre-tax, pre-provision income of $118.8 million for the second quarter of 2022, compared to $111.8 million for the first quarter of 2022. Net interest income increased to $196.2 million for the second quarter of 2022, compared to $185.6 million for the first quarter of 2022, primarily due to the upward repricing of variable-rate commercial loans and

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 second quarter ended June 30, 2022, before the market opens on July 22, 2022. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Friday, July 22, 2022. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may also

Net income of $82.6 million, or $0.41 per diluted share, for the first quarter of 2022, compared to $73.6 million, or $0.35 per diluted share, for the fourth quarter of 2021. The net income for the first quarter of 2022 and fourth quarter 2021 included the following items: Provision for credit losses was a net benefit of $13.8 million ($8.6 million after-tax, or an increase of $0.07 per diluted share) for the first quarter of 2022, reflecting, among other things, continued positive long-term outlook of certain macroeconomic variables and their impact on qualitative reserves. The provision for credit losses for the fourth quarter of 2021 was a net benefit of $12.2 million ($7.6 million af

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, 2022, before the market opens on April 28, 2022. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Thursday April 28, 2022. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation's investor relations website: www.fbpinvestor.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call ma

Net income of $73.6 million and $281.0 million, for the fourth quarter and year ended December 31, 2021, resulting in earnings per diluted share, of $0.35 and $1.31 for the same periods, respectively. Net income was $75.7 million, or $0.36 per diluted share, for the third quarter of 2021 and $102.3 million for the year ended December 31, 2020. Income before income taxes of $115.3 million and $427.8 million for the fourth quarter of 2021 and year ended December 31, 2021 compared to $112.7 million and $116.3 million for the third quarter of 2021 and year ended December 31, 2020. On a non-GAAP basis, adjusted pre-tax, pre-provision income of $104.9 million and $391.5 million for the fourt

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 fourth quarter ended December 31, 2021, before the market opens on January 26, 2022. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Wednesday January 26, 2022. The call and webcast will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation's website: www.1firstbank.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessar

Net income of $75.7 million, or $0.36 per diluted share, for the third quarter of 2021, compared to $70.6 million, or $0.33 per diluted share, for the second quarter of 2021. The net income for the third and second quarters of 2021 included the following items of note: - Provision for credit losses was a net benefit of $12.1 million ($7.6 million after-tax, or an increase of $0.04 per diluted share) for the third quarter of 2021, reflecting, among other things, improvements in the outlook of certain macroeconomic variables and lower loans outstanding. The provision for credit losses for the second quarter of 2021 was a net benefit of $26.2 million ($16.3 million after-tax, or an increase

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 third quarter ended September 30, 2021, before the market opens on October 25, 2021. First BanCorp. will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Monday October 25, 2021. The call and webcast will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation's website: www.1firstbank.com. Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary

Net income of $70.6 million, or $0.33 per diluted share, for the second quarter of 2021, compared to $61.2 million, or $0.28 per diluted share, for the first quarter of 2021. The net income for the second and first quarters of 2021 included the following items of note: - Provision for credit losses was a net benefit of $26.2 million ($16.3 million after-tax, or an increase of $0.08 per diluted share) for the second quarter of 2021, primarily driven by improvements in macroeconomic factors and lower loans outstanding. The provision for credit losses for the first quarter of 2021 was a net benefit of $15.3 million ($9.5 million after-tax, or an increase of $0.04 per diluted share). - Merg