First Bancorp. (FBP) Tops Q2 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
First Bancorp. Announces Earnings for the Quarter Ended June 30, 2020
July 28, 2020 7:30 AM EDTNet income of $21.3 million, or $0.09 per diluted share, for the second quarter of 2020, compared to $2.3 million, or $0.01 per diluted share, for the first quarter of 2020. The net income for the second and first quarters of 2020 included the following items of note:
- Provision for credit losses on loans, finance leases and debt securities of $39.0 million for the second quarter of 2020, compared to a provision of $77.4 million for the first quarter of 2020. The provision for the second quarter of 2020 includes a reserve build1 for loans, finance leases and debt securities of $29.1 million ($19.2 million after-tax, or... More
