First BanCorp. Bottom Line Advances 63% In Q3

(RTTNews) - First BanCorp. (FBP) announced earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $24.07 million, or $0.11 per share. This was higher than $14.76 million, or $0.07 per share, in last year's third quarter.

Analysts had expected the company to earn $0.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First BanCorp. earnings at a glance:

-Earnings (Q3): $24.07 Mln. vs. $14.76 Mln. last year. -Earnings Growth (Y-o-Y): 63.1% -EPS (Q3): $0.11 vs. $0.07 last year. -EPS Growth (Y-o-Y): 57.1% -Analysts Estimate: $0.10