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 is involved in consumer lending, commercial lending to small businesses, commercial transaction banking, and deposit-taking activities.
The Commercial and Corporate Banking segment offers lending and other services, including commercial lending and commercial deposit-taking activities.
The Treasury and Investments segment manages funding; and obtains funds through brokered deposits, advances from the FHLB, and repurchase agreements involving investment securities, among other funding sources.
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 automobile financing and 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 | 3,218 |
| 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 |
| Juan Carlos Pavia | Executive Vice President and Chief Operating Officer |
| Ginoris Lopez-Lay | Executive Vice President and Strategic Management Director |
| Thomas Michael McDonald | Executive Vice President and Business Group Director |
| Jose Maria Lacasa | Executive Vice President and Florida Business Director |
| Alexis Colon | Senior Vice President and Division Director |
| Luzmarie Velez | Senior Vice President and Division Director |
| Myrna Rivera | Senior Vice President, Division Director and Chief Risk Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 26, 2026 | SCHEDULE 13G/A | Filing |
| Mar 25, 2026 | ARS | Filing |
| Mar 25, 2026 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Mar 25, 2026 | DEF 14A | Other definitive proxy statements |
| Feb 27, 2026 | 10-K | Annual Report |
| Feb 9, 2026 | 8-K | Current Report |
| Jan 27, 2026 | 8-K | Current Report |
| Dec 3, 2025 | 144 | Filing |
| Nov 7, 2025 | 10-Q | Quarterly Report |
| Oct 23, 2025 | 8-K | Current Report |