First Bancorp. (FBP) Tops Q4 EPS by 3c

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Go back to First Bancorp. (FBP) Tops Q4 EPS by 3c

First BanCorp. Announces Earnings for the Quarter and Year Ended December 31, 2021

January 26, 2022 7:00 AM EST

Net income of $73.6 million and $281.0 million, for the fourth quarter and year ended December 31, 2021, resulting in earnings per diluted share, of $0.35 and $1.31 for the same periods, respectively. Net income was $75.7 million, or $0.36 per diluted share, for the third quarter of 2021 and $102.3 million for the year ended December 31, 2020. Income before income taxes of $115.3 million and $427.8 million for the fourth quarter of 2021 and year ended December 31, 2021 compared to $112.7 million and $116.3 million for the third quarter of 2021 and year ended December 31, 2020. On a non-GAAP basis, adjusted pre-tax, pre-provision income of $104.9 million and $391.5 million for the fourth quarter of... More