Santander to sell Puerto Rico unit to FirstBank in $1.1 billion deal

The deal includes Santander’s 27 bank branches on the island and total assets of $6.2 billion, the companies said. First BanCorp , the bank holding company of FirstBank Puerto Rico, said its 2020 consensus earnings of 81 cents per share are now expected to get a boost by 35%. …read more

Source:: Yahoo Finance

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