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Stock impact report

First BanCorp. outlines 3–5% organic loan growth and 100% earnings return strategy for 2026 [Seeking Alpha]

First Bancorp (FBNC) 
Last first bancorp earnings: 4/28 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
Aurelio Alemán-Bermúdez, President, CEO & Director, began by stating, "Our results for this quarter represent a strong capstone to a year of outstanding performance and disciplined execution, highlighted by record revenues, positive operating leverage and stable credit performance." He Quick Insights First BanCorp. targets 3% to 5% organic loan growth and aims to return close to 100% of annual earnings to shareholders, including increased dividends and continued share repurchases. Management is proactively repricing deposits, leveraging core customer relationships, and reducing total deposit costs while maintaining strong franchise value through multiple initiatives. Asset quality is expected to remain stable; consumer credit is normalizing but management sees no significant disruptors, with continued monitoring of macroeconomic and market risks. Recommended For You More Trending News Show less Read more
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