First Bancorp (FBNC) to Report Q2 Results: Wall Street Expects Earnings Growth
First Bancorp (FBNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Are You Looking for a Top Momentum Pick? Why First Bancorp (FBNC) is a Great Choice
Does First Bancorp (FBNC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Why First Bancorp (FBNC) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Bancorp (FBNC) have what it takes?
First Bancorp (FBNC) Upgraded to Strong Buy: Here's What You Should Know
First Bancorp (FBNC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
First Bancorp (FBNC) Is Up 1.27% in One Week: What You Should Know
Does First Bancorp (FBNC) have what it takes to be a top stock pick for momentum investors? Let's find out.
All You Need to Know About First Bancorp (FBNC) Rating Upgrade to Buy
First Bancorp (FBNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
First Bancorp (FBNC) Tops Q1 Earnings and Revenue Estimates
First Bancorp (FBNC) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.61 per share a year ago.
First BanCorp: No Upgrade Ahead Of Earnings
First BanCorp is a high-quality business with strong fundamentals, but its valuation is high, making it a 'hold' despite attractive earnings multiples. The company's net interest income grew in 2024, but non-interest income and net profits declined due to increased costs and one-time gains in 2023. First BanCorp's balance sheet has strengthened with increased deposits, loans, and cash, but its securities value fell, and debt decreased slightly.
First BanCorp: Bond Market Turbulence, Expected Tourism Slowdown Seems Priced-In
I'm expecting loan growth to decelerate this year, as a possible recession in the mainland United States can hurt the tourism industry in Puerto Rico. Low-yielding securities are set to mature this year, which will provide First BanCorp a good opportunity to reinvest in higher-yielding assets, thereby raising the margin. I'm raising my provision expense estimate and, therefore, reducing my earnings estimate for 2025.
First Bancorp (FBNC) Upgraded to Buy: What Does It Mean for the Stock?
First Bancorp (FBNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
First Bancorp (FBNC) Q4 Earnings and Revenues Surpass Estimates
First Bancorp (FBNC) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.72 per share a year ago.
First BanCorp.: Strong Margin Power And A Growing Dividend
First BanCorp. reported strong Q4 results with revenue of $241.5 million and EPS of $0.46, both beating estimates. Loans grew by $303.2 million to $12.8 billion, and core deposits increased by $197.9 million, indicating healthy banking activity. Net interest margin rose to 4.33%, with net interest income at $209.3 million, and cost of funds dropped to 2.35%.
