Recap: First BanCorp Q3 Earnings

First BanCorp FBP reported its Q3 earnings results on Tuesday, October 25, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

First BanCorp beat estimated earnings by 2.56%, reporting an EPS of $0.4 versus an estimate of $0.39.

Revenue was up $23.17 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 1.24% increase in the share price the next day.

Here's a look at First BanCorp's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.35	0.32	0.32	0.30
EPS Actual	0.38	0.41	0.36	0.37
Revenue Estimate	193.41M	183.34M	183.96M	179.85M
Revenue Actual	196.19M	185.62M	184.14M	184.74M

To track all earnings releases for First BanCorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.