First BanCorp. - Company Profile
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First BanCorp. (FB), a financial holding company. Improved asset quality, net interest margin, and capital adequacy are a few of its key strengths, even as its increase in non-interest expenses remains an area for concern. Growing cards and payment channels in the US, the emergence of Fintech, and the short-term economic outlook in the US may offer ample growth opportunities to FB. However, cyber security risks, operational risks, and regulatory compliance and legal risks may affect the company’s growth.
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