Stock Track | First BanCorp Soars 5.21% Pre-Market on Strong Q4 Earnings Beat

Stock Track

01/23

First BanCorp (FBP) stock surged 5.21% in the pre-market trading session on Thursday, following the release of its fourth-quarter earnings results that exceeded analysts' expectations.

The Puerto Rico-based bank reported an adjusted earnings per share of $0.46 for the quarter ended December 31, 2024, beating the consensus estimate of $0.40 compiled by FactSet. Furthermore, First BanCorp's total revenue for the quarter came in at $241.5 million, surpassing the FactSet estimate of $236.5 million.

The better-than-expected financial performance was driven by a combination of factors, including higher net interest income and robust non-interest revenue growth. Investors reacted positively to the strong earnings beat, bidding up the stock in anticipation of continued profitability and growth for First BanCorp.

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Furthermore, First BanCorp's total revenue for the quarter came in at $241.5 million, surpassing the FactSet estimate of $236.5 million.</p>\n\n<p>The better-than-expected financial performance was driven by a combination of factors, including higher net interest income and robust non-interest revenue growth. Investors reacted positively to the strong earnings beat, bidding up the stock in anticipation of continued profitability and growth for First BanCorp.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FBP","symbol_name":"第一万能金控","start_time":0,"source_url":"","article_id":"1186388682","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186388682","pubTimestamp":1737637374,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"First BanCorp  stock surged 5.21% in the pre-market trading session on Thursday, following the release of its fourth-quarter earnings results that exceeded analysts' expectations.The Puerto Rico-based bank reported an adjusted earnings per share of $0.46 for the quarter ended December 31, 2024, beating the consensus estimate of $0.40 compiled by FactSet. Furthermore, First BanCorp's total revenue for the quarter came in at $241.5 million, surpassing the FactSet estimate of $236.5 million.The bet","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FBP":"第一万能金控"},"translate_title":"股票轨迹First BanCorp因第四季度盈利强劲而盘前飙升5.21%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FBP":1},"content_text":"First BanCorp (FBP) stock surged 5.21% in the pre-market trading session on Thursday, following the release of its fourth-quarter earnings results that exceeded analysts' expectations.\nThe Puerto Rico-based bank reported an adjusted earnings per share of $0.46 for the quarter ended December 31, 2024, beating the consensus estimate of $0.40 compiled by FactSet. 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