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First BanCorp. (NYSE:FBP – Get Free Report) announced a quarterly dividend on Thursday, February 8th, Zacks reports. Shareholders of record on Friday, February 23rd will be given a dividend of 0.16 per share by the bank on Friday, March 8th. This represents a $0.64 dividend on an annualized basis and a yield of 3.85%. The […]
First BanCorp. (NYSE:FBP – Get Free Report) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 2,100,000 shares, an increase of 11.7% from the January 15th total of 1,880,000 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily […]
Navellier & Associates Inc. raised its holdings in shares of First BanCorp. (NYSE:FBP – Free Report) by 5.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,085 shares of the bank’s stock after acquiring an additional 1,317 shares […]
First BanCorp. (NYSE:FBP – Get Free Report) had its price objective increased by Keefe, Bruyette & Woods from $18.50 to $19.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the bank’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of […]
First BanCorp. (NYSE:FBP – Get Free Report) issued its earnings results on Wednesday. The bank reported $0.49 EPS for the quarter, topping the consensus estimate of $0.35 by $0.14, Briefing.com reports. The company had revenue of $299.09 million during the quarter, compared to the consensus estimate of $227.75 million. First BanCorp. had a return on […]