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First BanCorp Q1 Adjusted Earnings Rise, Revenue Falls
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First BanCorp Q1 Adjusted Earnings Rise, Revenue Falls
Apr 23, 2024 5:50 AM

08:20 AM EDT, 04/23/2024 (MT Newswires) -- First BanCorp (FBP) reported Q1 adjusted earnings Tuesday of $0.44 per diluted share, up from $0.39 a year earlier.

Four analysts polled by Capital IQ expected $0.38.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest income, was $230.5 million, down from $233.4 million a year earlier.

Analysts surveyed by Capital IQ expected $230.0 million.

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