First Bancorp. (FBP) Tops Q4 EPS by 5c

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First BanCorp. Announces Earnings for the Quarter and Year Ended December 31, 2024

January 23, 2025 7:00 AM UTC

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- 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,... More