First Bancorp (NYSE:FBP)

7.91
Delayed Data
As of May 18
 -0.02 / -0.25%
Today’s Change
4.48
Today|||52-Week Range
8.01
+55.10%
Year-to-Date
SECTOR
Finance
INDUSTRY
Regional Banks
MARKET CAP
$1.6B

Company Description

First BanCorp (Puerto Rico) engages in the provision of personal, commercial, and corporate banking services. It operates through the following segments: Commercial and Corporate Banking; Consumer (Retail) Banking; Mortgage Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. The Commercial and Corporate Banking segment consists of the Corporation's lending and other services for large customers represented by specialized and middle-market clients and the public sector. The Consumer (Retail) Banking segment consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through FirstBank's branch network in Puerto Rico. The Mortgage Banking segment operates on the origination, sale, and servicing of a variety of residential mortgage loan products and related hedging activities. The Treasury and Investments segment is responsible for the Corporation's treasury and investment management functions. The United States Operations segment consists of all banking activities conducted by FirstBank on the United States mainland. The Virgin Islands Operations segment consists of all banking activities conducted by FirstBank in the USVI and the BVI. 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

Mutual fund holders47.89%
Other institutional45.74%
Individual stakeholders31.65%

Top Executives

Aurelio Alemán-BermúdezPresident, Chief Executive Officer & Director
Donald L. KafkaChief Operating Officer & Executive Vice President
Orlando Berges-GonzálezChief Financial Officer & Executive Vice President
Nayda Rivera-BatistaChief Risk Officer & Executive Vice President
Emilio Martinó-ValdésChief Lending Officer & Executive Vice President