First BanCorp. Q4 Earnings Retreat 95%

(RTTNews) - First BanCorp. (FBP) released a profit for fourth quarter that declined compared to the same period last year.

The company said its bottom line declined to $14.97 million, or $0.07 per share. This was down from $330.78 million, or $1.56 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 3.1% to $125.21 million. This was down from $129.15 million last year.

First BanCorp. earnings at a glance:

-Earnings (Q4): $14.97 Mln. vs. $330.78 Mln. last year. -Earnings Decline (Y-o-Y): -95.5% -EPS (Q4): $0.07 vs. $1.56 last year. -EPS Decline (Y-o-Y): -95.5% -Revenue (Q4): $125.21 Mln vs. $129.15 Mln last year. -Revenue Change (Y-o-Y): -3.1%