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Stock impact report

FBP Q4 Deep Dive: Deposit Growth, Credit Stability, and Capital Returns Shape Outlook [Yahoo! Finance]

First Bancorp (FBNC) 
Last first bancorp earnings: 4/28 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Its non-GAAP profit of $0.55 per share was 7.8% above analysts' consensus estimates. Is now the time to buy FBP? Find out in our full research report (it's free). Revenue: $257.2 million vs analyst estimates of $254.5 million (6.5% year-on-year growth, 1.1% beat) Adjusted EPS: $0.55 vs analyst estimates of $0.51 (7.8% beat) Adjusted Operating Income: $106.2 million vs analyst estimates of $131.9 million (41.3% margin, 19.4% miss) Market Capitalization: $3.45 billion First BanCorp's fourth quarter results were met with a positive market reaction, reflecting both revenue growth and profitability that surpassed Wall Street expectations. Management attributed this performance to disciplined expense management, higher loan originations in the commercial segment, and continued improvements in asset quality. CEO Aurelio Aleman highlighted that nonperforming assets reached an all-time low and core customer deposits increased, stating, “We achieved this while gradually continuing t Show less Read more
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