First Bancorp. - Company Profile
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First BanCorp. (FB) is a publicly owned financial holding company, which offers retail and corporate banking, and other financial solutions. The company's primary activities include commercial and consumer banking services, mortgage banking services, automobile financing, and insurance agency services. Its major products and services encompass commercial loans, residential mortgage loan products, consumer loans, and deposit products. The company serves a diverse customer base, including large corporate clients, middle-market clients, and individual consumers across various industries. Its distribution network includes a robust branch network, ATMs, and online banking platforms. The company operates in Puerto Rico, Virgin Islands (USVI), and the British Virgin Islands (BVI), with a significant presence in the state of Florida. FB is headquartered in San Juan, Puerto Rico, the US.
Headquarters
United States of America
Address
1519 Ponce De Leon Avenue, Stop 23, First Federal Building, San Juan, 00908
Website
www.1firstbank.com
Telephone
1 787 7298200
No of Employees
3,168
Industry
Financial Services
Ticker Symbol & Exchange
FBP (NYSE)
Revenue (2022)
$1.2B
16.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-0.7%
(2022 vs 2021)
Market Cap*
$2.9B
Net Profit Margin (2022)
XYZ
-15.1%
(2022 vs 2021)
* As of and is in US$
First Bancorp. premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Online Banking |
| Checking | Cash Management |
| Individual Retirement | Leasing |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
Competitor Comparison
| Key Parameters | First Bancorp. | Popular Inc | OFG Bancorp | Seacoast Banking Corp of Florida | City National Bank of Florida |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | San Juan | San Juan | San Juan | Stuart | Miami |
| State/Province | - | Puerto Rico | Puerto Rico | Florida | Florida |
| No. of Employees | 3,168 | 9,237 | 2,248 | 1,541 | 1,029 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Roberto R. Herencia | Chairman | Executive Board | 2011 | 63 |
| Aurelio Aleman Bermudez | Chief Executive Officer; Director; President | Executive Board | 2009 | 64 |
| Orlando Berges Gonzalez | Chief Financial Officer; Executive Vice President; Interim Chief Accounting Officer | Senior Management | 2020 | 65 |
| Donald l. Kafka | Chief Operating Officer; Executive Vice President | Senior Management | 2015 | 63 |
| Terrence Thomas | Chief Information Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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