First BanCorp. Announces Earnings For the Quarter and Year Ended December 31, 2019

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First Bancorp. (FBP) Reports In-Line Q4 EPS

January 28, 2020 7:01 AM EST

First Bancorp. (NYSE: FBP) reported Q4 EPS of $0.19, in-line with the analyst estimate of $0.19.

Aurelio Alemán, President and Chief Executive Officer of First BanCorp., commented: 2019 was a momentous year for our company and we are working diligently toward the approval, closing and integration of the recently announced acquisition of Banco Santander Puerto Rico. We reported $36.4 million of net income for the fourth quarter of 2019, which included $6.8 million of after-tax merger and restructuring charges. Our adjusted core results of $42.8... More