FBP: Merger Expenses Trim 4Q19 Results

FBP: Merger Expenses Trim 4Q19 Results; Progress Made on Asset Quality, Loan Growth, Core Funding; Maintaining Price Target; Reiterating Outperform Rating. First BanCorp (FBP – NYSE – Recent Price: $9.42) Rating: Outperform / Buy Price: $11.50  / Target...

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