TCFC reported 3Q20 net income of $3.8 million, up 10.1% compared to the $3.5 million posted in 2Q20. On a per share basis, 3Q20 results were $0.64 compared to the $0.59 recorded in the prior quarter. Reported EPS fell $0.17 short of our $0.81 estimate but were in-line...
First BanCorp reported 3Q20 net income to common shareholders of $27.9 million, compared to the $20.6 million recorded in 2Q20. On a per share basis, 3Q20 results were $0.13 compared to $0.09 in the prior quarter. There were several special items in 3Q20 results,...
Freedom Bank of Virginia reported 3Q20 net income of $2.6 million, up 68.9% compared to the $1.5 million posted in 2Q20 and up 176.2% over the $932k recorded in the year-ago period. This translates to 3Q20 earnings per share of $0.35 compared to $0.21 in 2Q20 and...
Popular reported 3Q20 net income to common stockholders of $168.1 million, up 32.0% compared to the $127.3 million posted in 2Q20. On a per share basis, BPOP reported earnings of $2.00 compared to $1.49 in 2Q20. The 3Q20 results exceeded our $1.38 estimate and the...
Howard Bancorp reported 3Q20 net income of $4.6 million compared to the 2Q20 net loss of $(29.4) million. This translates to EPS of $0.25 in 3Q20 compared to $(1.57) in 2Q20. The 3Q20 results were free of any significant one-time or irregular items, but there were...
OFG reported 3Q20 net income to common shareholders of $25.8 million, up from the $20.2 million posted in 2Q20. On a per share basis, 3Q20 results were $0.50 compared to $0.39 in the prior quarter. 3Q20 results included $0.5 million of one-time interest recoveries on...
