filecrux
Oct 22, 1:46 PM
$FBP Follow-up: Q3 tangible book per share fell 4.2% to
$12.15 on a
$119.4M bond-value drop.
๐ข First BanCorp, parent of FirstBank Puerto Rico, earned
$96.1M (
$0.63 a share) in Q3, flat vs Q2; its Oct 22 release also cites the new
$350M buyback
๐ Margin fell 14 bps to 4.73% from 4.87%, 7 bps of it a one-time Q2 boost
๐งพ The
$119.4M drop is about 2.8% of its
$4.20B market value at
$27.515, 09:40 ET Oct 22
๐ฆ The loss is unrealized and non-cash; CET1 capital is still 16.9%
๐
Next: Conference call 10:00 a.m. ET, October 22, 2026
Source: SEC 8-K + earnings release, Oct 22
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