First BanCorp reports results for the quarter ended September 30 - Earnings Summary

First Bancorp

Thu 19:30

First BanCorp FBP.N reported quarterly adjusted earnings of 63 cents​​ per share for the quarter ended September 30, identical to the same quarter last year.  The mean expectation of eight analysts for the quarter was for earnings of 66 cents per share. Wall Street expected results to range from 56 cents to $1.18 per share.
Revenue rose 4.4% to $227.53 million from a year ago; analysts expected $250.41 million. 
First BanCorp's reported EPS for the quarter was 63 cents​.
The company reported quarterly net income of $96.12 million.
First BanCorp shares had risen by 3.8% this quarter and gained 31.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" 
Wall Street's median 12-month price target for First BanCorp is $31.00, about 11.8% above its last closing price of $27.34
This summary was machine generated from LSEG data October 22 at 06:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Sep. 30 2026 
0.66
0.63
Missed
Jun. 30 2026 
0.54
0.62
Beat
Mar. 31 2026 
0.51
0.57
Beat
Dec. 31 2025 
0.51
0.55
Beat