Stock Track | First BanCorp Soars 5.03% Intraday on Strong Q4 Earnings Beat

Stock Track

Jan 28

First BanCorp's stock surged 5.03% during Tuesday's intraday trading session following the release of its fourth-quarter financial results.

The Puerto Rico-based bank reported quarterly earnings of $0.55 per diluted share, surpassing the FactSet consensus estimate of $0.51. Revenue for the quarter reached $257.2 million, showing growth from $241.5 million in the same period last year and meeting analyst expectations.

Key drivers included record net interest income of $222.8 million, representing a 2.2% increase from the previous quarter. The company also noted a constructive economic backdrop going into 2026 and reaffirmed its commitment to sustainable growth targets, contributing to positive investor sentiment.

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