First Bancorp (NYSE:FBP)

5.13
Data as of Nov 28
 -0.02 / -0.39%
Today’s Change
4.36
Today|||52-Week Range
6.45
-17.12%
Year-to-Date
SECTOR
Finance
INDUSTRY
Regional Banks
MARKET CAP
$1.1B

Company Description

First BanCorp (Puerto Rico) operates as a bank holding company for FirstBank Puerto Rico. The bank provides personal banking, commercial banking, corporate banking and financial guidance services. The company operates its business through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer or Retail Banking, Treasury and Investments-United States and Virgin Islands Operations. The company operates through the following segments: Commercial and Corporate Banking; Mortgage Banking; Consumer or Retail Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. The Mortgage Banking segment consist of the origination, sale and servicing of a variety of residential mortgage loans and also acquires and sells mortgages in the secondary markets and also mortgage loans purchased from other local banks and mortgage bankers. The Consumer or Retail Banking segment consists of the company's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centers. The Treasury and Investments segment is responsible for its investment portfolio and treasury functions executed to manage and enhance liquidity. The United States operations segment consists of all banking activities in the United States mainland, including commercial and retail banking services. The Virgin Islands operations segment consists of all banking activities, including commercial and retail banking services and insurance activities. The company was founded on October 29, 1948 and is headquartered in San Juan, Puerto Rico.

Contact Information

First BanCorp (Puerto Rico)
1519 Ponce de León Avenue
San Juan -- 00908-0146
P:(787) 729-8200
Investor Relations:

Employees

Shareholders

Other institutional45.30%
Individual stakeholders40.93%
Mutual fund holders17.15%

Top Executives

Aurelio Alemán-BermúdezPresident, Chief Executive Officer & Director
Orlando Berges-GonzálezChief Financial Officer & Executive Vice President
Nayda Rivera-BatistaChief Risk Officer & Executive Vice President
Dacio A. Pasarell-ColónChief Banking Operations & Executive VP
Emilio Martinó-ValdésChief Lending Officer & Executive Vice President

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