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Stock impact report

Improvements Justify An Upgrade For First BanCorp [Seeking Alpha]

First Bancorp (FBNC) 
Last first bancorp earnings: 4/28 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
FBP's net interest margin has risen to 4.74%, with profitability and return metrics now outpacing peer banks despite higher price-to-book multiples. Management's optimism is evident through a new $200 million share buyback program and continued dividend payments. Non-performing assets are slightly above preferred levels, but overall balance sheet and earnings trends remain positive. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » pixelfit/E+ via Getty Images For quite some time now, one bank that I have been neutral about is First BanCorp. ( FBP ). Although it's an interesting institution, declining core deposits in the past concerned me. The good news is that we More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospect Show less Read more
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