AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
First BanCorp (NYSE:FBP) reported Q3 revenues of $248.7 million, up 6% YoY, missing analysts' estimates by 1.3%. The company's stock is down 2.5% since reporting and currently trades at $20.02. Regional banks face challenges from fintech competition, deposit outflows, and regulatory compliance costs, but recent Q3 results show a satisfactory performance with revenues missing analysts' consensus estimates by 1.1%.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet