First BanCorp. (FBNC) reported a profit for its second quarter that Increases, from the same period last year
The company's bottom line totaled $80.18 million, or $0.50 per share. This compares with $75.83 million, or $0.46 per share, last year.
Excluding items, First BanCorp. reported adjusted earnings of $80.18 million or $0.50 per share for the period.
First BanCorp. earnings at a glance (GAAP) :
-Earnings: $80.18 Mln. vs. $75.83 Mln. last year.-EPS: $0.50 vs. $0.46 last year.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.