Associated tags: Bank, First BanCorp, Professional Services, Banking, Finance, FBP, NYSE, FirstBank (Puerto Rico)
Locations: PUERTO RICO, CARIBBEAN, NEW YORK, NORTH CAROLINA, SOUTH CAROLINA, ORANGEBURG, UNITED STATES, NORTH AMERICA, FLORIDA, BRITISH VIRGIN ISLANDS
Key Points:
- First BanCorp.
- (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on its outstanding common stock.
- The dividend is payable on June 14, 2024 to shareholders of record at the close of business on May 30, 2024.
Retrieved on:
Wednesday, April 17, 2024
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Bank The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2024.
Key Points:
- The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2024.
- OPERATING RESULTS - First Quarter of 2024 vs. Fourth Quarter of 2023
Net Income for the three months ended March 31, 2024, was $6.0 million, a decrease of $659,000 or 9.9% from the three months ended December 31, 2023.
- The first quarter 2024 Pre-Tax, Pre-Provision Return on Average Assets was 0.92%, compared to 1.18% in the prior quarter.
- The Company's Efficiency Ratio (non-GAAP) was 61.15% in the first quarter of 2024, up from 54.08% in the fourth quarter of 2023.
Retrieved on:
Wednesday, March 20, 2024
SAN JUAN, Puerto Rico, March 20, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp (NYSE: FBP), has partnered with nCino to offer a more modern commercial banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio.
Key Points:
- SAN JUAN, Puerto Rico, March 20, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp (NYSE: FBP), has partnered with nCino to offer a more modern commercial banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio.
- This project was spurred on by FirstBank Puerto Rico’s digital transformation initiative, which is focused on enhancing the customer experience by providing greater agility and simplicity in its online commercial operations.
- These innovations will also improve the lending and portfolio management process for FirstBank Puerto Rico’s employees, simplifying the loan cycle and enhancing credit response times.
- Juan Carlos Pavía, Executive Vice President and Chief Credit Officer at FirstBank Puerto Rico, said, "Here at FirstBank Puerto Rico, we are driven by technology, but our true motivation will always be serving our customers' needs.
First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the first quarter ended March 31, 2024, before the market opens on April 23, 2024.
Key Points:
- First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the first quarter ended March 31, 2024, before the market opens on April 23, 2024.
- First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Tuesday, April 23, 2024.
- The call and webcast will be broadcast live over the internet and can be accessed through the Corporation’s investor relations website: fbpinvestor.com .
- A telephone replay will be available until May 23, 2024, at 866-813-9403, with access code 838187.
The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share.
Key Points:
- The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share.
- This first quarter dividend is payable April 19, 2024 to shareholders of record as of April 9, 2024.
- "I'm pleased to announce a first quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim.
- "The quarterly dividend remains an important component of the value we offer our shareholders.
Retrieved on:
Thursday, February 8, 2024
(the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share, which represents an increase of 14% or $0.02 per common share compared to its most recent dividend paid in December 2023.
Key Points:
- (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share, which represents an increase of 14% or $0.02 per common share compared to its most recent dividend paid in December 2023.
- The dividend is payable on March 8, 2024 to shareholders of record at the close of business on February 23, 2024.
- “We are pleased to announce an increase in the quarterly cash dividend payment on the Corporation’s common stock from $0.14 to $0.16 per share starting in the first quarter of 2024.
- The increased quarterly dividend level equates to an annualized dividend rate of $0.64 per common share.
Retrieved on:
Wednesday, January 24, 2024
Retrieved on:
Wednesday, January 24, 2024
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Cryptocurrency The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2023.
Key Points:
- The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2023.
- The Company also announced operating results for the three months ended December 31, 2023.
- “The First Bancorp ended 2023 with annual earnings of $29.5 million," commented Tony C. McKim, the Company’s President and Chief Executive Officer.
- Mr. McKim continued, "Results for the fourth quarter of 2023 were on trend with the year as a whole.
First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the fourth quarter ended December 31, 2023, before the market opens on January 24, 2024.
Key Points:
- First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the fourth quarter ended December 31, 2023, before the market opens on January 24, 2024.
- First BanCorp will hold a conference call and live webcast to discuss the financial results at 11:00 a.m. Eastern time on Wednesday, January 24, 2024.
- The call and webcast will be broadcast live over the internet and can be accessed through the Corporation’s investor relations website: fbpinvestor.com .
- A telephone replay will be available until February 23, 2024, at 866-813-9403, with access code 906531.
