Brief: First Bancorp Says Total Deposits Decreased By $142.7 Million To $13.1 Billion As Of March 31

First Bancorp

25/04/2023 13:47

April 25 (Reuters) - First Bancorp  FBP.N :
    * FIRST BANCORP ANNOUNCES EARNINGS FOR THE QUARTER ENDED
MARCH 31,
2023
    * TOTAL DEPOSITS, EXCLUDING BROKERED CERTIFICATES OF DEPOSIT
&
GOVERNMENT DEPOSITS, DECREASED BY $142.7 MILLION TO $13.1
BILLION AS OF MARCH 31
    * Q1 EARNINGS PER SHARE VIEW $0.35, REVENUE VIEW $200.9
MILLION --
REFINITIV IBES DATA
    * CASH AND CASH EQUIVALENTS AMOUNTED TO $823.6 MILLION AS OF
MARCH
31, 2023
    * PROVISION FOR CREDIT LOSSES OF $15.5 MILLION FOR Q1 OF
2023,
RELATIVELY FLAT COMPARED TO $15.7 MILLION FOR Q4 OF 2022

Source text for Eikon:  ID:nBw5sHN4qa 
Further company coverage:  FBP.N 

 ((Reutersbriefs@thomsonreuters.com;))