First BanCorp. (FRA:OLWN)
Germany flag Germany · Delayed Price · Currency is EUR
18.70
+0.20 (1.08%)
Last updated: May 16, 2025

First BanCorp. Company Description

First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides financial products and services to consumers and commercial customers.

It operates through six segments: Mortgage Banking; Consumer (Retail) Banking; Commercial and Corporate Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations.

The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; hedging activities; purchase of mortgage loans from branch and mortgage bankers; and origination of residential real estate loans.

The Consumer (Retail) Banking segment provides auto loans, finance leases, personal loans, credit cards, and other types of consumer credit lines; and interest and non-interest-bearing checking and savings accounts.

The Commercial and Corporate Banking segment offers commercial real estate and construction loans, as well as other products, such as cash and business management services.

The Treasury and Investments segment focuses on fund management business. The United States Operations segment provides checking, savings, and money market accounts; retail CDs; internet banking services; residential mortgages; home equity loans and lines of credit; retail deposits; cash management services; remote data capture; automated clearing house transactions; and traditional commercial and industrial, and commercial real estate products, such as lines of credit, term loans, and construction loans.

The Virgin Islands Operations segment focuses on consumer and commercial lending, and deposit-taking activities.

The company also offers insurance agency services. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

First BanCorp.
Country United States
Founded 1948
Industry Commercial Banks
Employees 3,113
CEO Aurelio Aleman-Bermudez

Contact Details

Address:
1519 Ponce de Leon Avenue
San Juan, Puerto Rico 00908
United States
Phone 787 729 8200
Website 1firstbank.com

Stock Details

Ticker Symbol OLWN
Exchange Frankfurt Stock Exchange
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
SIC Code 6020

Key Executives

Name Position
Aurelio Aleman-Bermudez Chief Executive Officer
Orlando Berges-González Chief Financial Officer
Donald Kafka Chief Operating Officer
Ramon Rodriguez Head of Investor Relations