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...

Publications Overview

Research is a core competency of the Firm; Alden focuses on providing in-depth analysis on individual sectors including financial services and energy. Our publications include bonafide research reports as well as market and sector commentary. We seek to generate value for our clients through differentiated thoughts and opinions, investment ideas, and management access opportunities. In addition to providing opinions on large-cap companies, we also research under-followed companies in niche markets where we take time to evaluate their businesses and the people who run them to uncover hard-to-find value. Our research publications include: Initial Reports, Company Updates, Earnings Previews, Earnings Reviews, Monthly Statistical Reviews, and other notes and reports. We provide our clients corporate access via conference calls and non-deal roadshows in either one-on-one or group settings.