First Bancorp reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 82.48 million compared to USD 84.37 million a year ago. Net income was USD 29.67 million compared to USD 38.43 million a year ago. Diluted earnings per share from continuing operations was USD 0.72 compared to USD 1.08 a year ago.
For the full year, net interest income was USD 346.66 million compared to USD 324.85 million a year ago. Net income was USD 104.13 million compared to USD 146.94 million a year ago. Diluted earnings per share from continuing operations was USD 2.53 compared to USD 4.12 a year ago.