First Bancorp. (FBP) Tops Q2 EPS by 1c

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Go back to First Bancorp. (FBP) Tops Q2 EPS by 1c

First BanCorp. Announces Earnings for the Quarter Ended June 30, 2018

July 25, 2018 7:30 AM EDT

2018 Second Quarter Highlights and Comparison with First Quarter

Net income of $31.0 million, or $0.14 per diluted share, compared to $33.1 million, or $0.15 per diluted share, for the first quarter of 2018. On a non-GAAP basis, adjusted net income of $30.2 million (which excludes the effect of events that are discussed in the Special Items section below and consist of items that management believes are not reflective of core operating performance, are not expected to reoccur with any regularity or may reoccur at uncertain times and in uncertain amounts), compared to adjusted net income of $31.3... More