Shares of First BanCorp FBP rose 0.1% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share decreased 50.00% year over year to $0.10, which missed the estimate of $0.12.
Revenue of $148,696,000 higher by 2.96% year over year, which missed the estimate of $152,740,000.
Guidance
First BanCorp hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Oct 30, 2020
Time: 10:00 AM
ET Webcast URL: http://investor.localfirstbank.com/
Technicals
52-week high: $11.01
52-week low: $3.50
Price action over last quarter: Up 12.09%
Company Description
First BanCorp is a financial holding company. The company's operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. It generates maximum revenue from the Consumer (Retail) Banking segment. The Consumer (Retail) Banking segment consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centers. Geographically, it derives a majority of revenue from Puerto Rico.
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