All posts tagged "First BanCorp"
First BanCorp Posts Net Income of $15M in 4Q, $21.3M for 2015
SAN JUAN – First BanCorp, the bank holding company for FirstBank Puerto Rico, on Friday reported net income of $15 million for the fourth quarter (4Q) of 2015, or $0.07 per diluted share, compared with $14.8 million,...
- Posted January 29, 2016
KBW: Prepa Deal Positive for Local Banks
An agreement reached late last year between the Puerto Rico Electric Power Authority (Prepa) and its monoline insurers is a significant step forward in the electric utility’s restructuring and a positive for local banks with Prepa exposure,...
- Posted January 5, 2016
Puerto Rico Stock Index lost 22.36% in 2015
SAN JUAN – The Puerto Rico Stock Index (PRSI) lost 504.05 points, or 22.36% of its value in 2015, according to the latest data released by the Government Development Bank for Puerto Rico (GDB). The PRSI stood...
- Posted January 4, 2016