First BanCorp: Q2 Earnings Insights

 

First BanCorp FBP reported its Q2 earnings results on Friday, July 22, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

First BanCorp beat estimated earnings by 8.57%, reporting an EPS of $0.38 versus an estimate of $0.35.

Revenue was up $11.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 6.01% drop in the share price the next day.

Here's a look at First BanCorp's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.32 0.32 0.30 0.26
EPS Actual 0.41 0.36 0.37 0.36
Revenue Estimate 183.34M 183.96M 179.85M 178.69M
Revenue Actual 185.62M 184.14M 184.74M 184.78M

To track all earnings releases for First BanCorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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