First Bancorp. (FBP) Tops Q2 EPS by 3c
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First BanCorp. Announces Earnings for the Quarter Ended June 30, 2022
July 22, 2022 7:00 AM EDTNet 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... More
