First BanCorp. (FBP)
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19.81
0.28%
After-hours Dec 13, 2024, 07:00 PM EST

Company Description

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients.

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

The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans and floor plan financings; and other products, such as cash management and business management services.

The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; acquisition and sale of mortgages in the secondary markets; and purchase of mortgage loans from other local banks and mortgage bankers.

The Consumer (Retail) Banking segment provides auto, boat, credit card, and personal loans; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); and finance leasing and insurance agency services.

The Treasury and Investments segment offers funding and liquidity management services.

The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans; and internet banking, cash management, remote deposit capture, and automated clearing house, and transactions services.

The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities.

The company operates 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in the state of Florida.

First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

First BanCorp.
First BanCorp. logo
Country United States
IPO Date Jan 13, 1987
Industry Banks - Regional
Sector Financial Services
Employees 3,168
CEO Aurelio Aleman-Bermudez

Contact Details

Address:
1519 Ponce de Leon Ave.
San Juan, PR
United States
Website https://www.1firstbank.com

Stock Details

Ticker Symbol FBP
Exchange NYSE
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 & Director
Donald L. Kafka Executive Vice President & Chief Operating Officer
Orlando Berges-González CPA Executive Vice President & Chief Financial Officer
Cassan A. Pancham Executive Vice President & Business Group Director
Ginoris Lopez-Lay Executive Vice President & Strategic Management Director
Nayda Rivera-Batista CPA Executive Vice President & Chief Risk Officer
Ramon Rodriguez C.F.A. Senior Vice President of Corporate Strategy / Investor Relations
Said Ortiz CPA Chief Accounting Officer, Controller & Senior Vice President
Sara Alvarez-Cabrero Executive Vice President, General Counsel & Secretary of the Board
Thomas Michael McDonald Executive Vice President & Business Group Director

Latest SEC Filings

Date Type Title
Dec 10, 2024 4 Filing
Dec 03, 2024 4 Filing
Nov 26, 2024 4 Filing
Nov 13, 2024 4 Filing
Nov 12, 2024 4 Filing
Nov 12, 2024 4 Filing
Nov 08, 2024 4 Filing
Nov 08, 2024 4 Filing
Nov 08, 2024 10-Q Quarterly Report
Nov 01, 2024 4 Filing