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.
| Country | United States |
| Founded | 1948 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 3,113 |
| CEO | Aurelio Aleman-Bermudez |
Contact Details
Address: 1519 Ponce de Leon Avenue, Stop 23 San Juan, PR 00908 United States | |
| Phone | 787 729 8200 |
| Website | 1firstbank.com |
Stock Details
| Ticker Symbol | FBP |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001057706 |
| CUSIP Number | 318672706 |
| ISIN Number | PR3186727065 |
| Employer ID | 66-0561882 |
| SIC Code | 6022 |
Key Executives
| Name | Position |
|---|---|
| Aurelio Aleman-Bermudez | President, Chief Executive Officer and Director |
| Orlando Berges-González CPA | Executive Vice President and Chief Financial Officer |
| Donald L. Kafka | Executive Vice President and Chief Operating Officer |
| Cassan A. Pancham | Executive Vice President and Business Group Director |
| Nayda Rivera-Batista CPA | Executive Vice President and Chief Risk Officer |
| Said Ortiz CPA | Chief Accounting Officer, Controller and Senior Vice President |
| Ramon Rodriguez C.F.A. | Senior Vice President of Corporate Strategy / Investor Relations |
| Sara Alvarez-Cabrero | Executive Vice President, General Counsel and Secretary of the Board |
| Carmen Pagan | Senior Vice President and Compliance Director |
| Ginoris Lopez-Lay | Executive Vice President and Strategic Management Director |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 25, 2025 | 8-K | Current Report |
| Feb 28, 2025 | 10-K | Annual Report |
| Jan 31, 2025 | 8-K | Current Report |
| Jan 23, 2025 | 8-K | Current Report |
| Nov 25, 2024 | 144 | Filing |
| Nov 12, 2024 | 144 | Filing |
| Nov 8, 2024 | 144 | Filing |
| Nov 8, 2024 | 10-Q | Quarterly Report |
| Nov 7, 2024 | 144 | Filing |
| Nov 7, 2024 | 144 | Filing |