Latest San Juan News

First Bancorp: Q4 Earnings Snapshot

Jan. 23, 2025 07:19 AM EST

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — First Bancorp (FBP) on Thursday reported fourth-quarter profit of $75.7 million. The San Juan, Puerto Rico-based bank said it had earnings of 46 cents per share. The results surpassed Wall Street...

OFG: Q4 Earnings Snapshot

Jan. 22, 2025 07:53 AM EST

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Wednesday reported net income of $50.3 million in its fourth quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1.09 per share. The financial holding company...

US announces $1.2 billion to help finance renewable energy projects in Puerto Rico

Jan. 17, 2025 16:05 PM EST

SAN JUAN, Puerto Rico (AP) — The U.S. Department of Energy said Friday it was setting aside $1.2 billion in federal funds to help finance renewable energy projects in Puerto Rico to lessen its dependence on fossil fuels. The funding includes the closing of a $585 million loan...