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On October 21st First BanCorp., the bank holding company of FirstBank Puerto Rico (FirstBank), announced the acquisition of Banco Santander Puerto Rico (BSPR) for a $63M premium to BSPR’s core tangible common equity ($362M) in an all cash transaction. In this insight we will analyze the expected new market shares in the Puerto …

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FirstBank Puerto Rico Vega Baja branch is one of the 67 offices of the bank and has been serving the financial needs of their customers in Vega Baja, Vega Baja …

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