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First Bancorp (Puerto Rico)

Main Activities: Commercial Banking | Management of Companies and Enterprises
Full name: First Bancorp Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

First Bancorp is a company located in San Juan, Puerto Rico. It was founded in 1948 as First Federal Savings and Loans Association, becoming the first savings and loan institution in Puerto Rico. In 1962, it expanded its operations by opening its first branch in Saint Thomas, becoming the first savings and loan institution to operate in the US Virgin Islands. In 2021, the integration of Banco Santander de Puerto Rico into FirstBank was completed. With over 70 years of service, First Bancorp is committed to its customers and Puerto Rico. The company focuses on providing personalized services and innovative solutions to improve and simplify the lives of its customers. It is actively involved in enhancing the well-being and quality of life of the communities it serves through partnerships, empowerment initiatives, educational programs, financial services, and corporate donations.

Headquarters
1519 Ponce De Leon Ave, Stop 23, Santurce
San Juan; San Juan; Postal Code: 00908

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Website: http://www.firstbankpr.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1948
Key Executives
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Chairman
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President
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Chief Financial Officer
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Chief Operating Officer
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Executive Vice President
Ownership Details
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19.31%
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19.31%
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5.33%
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5.22%
Subsidiaries
Fb Las Iguanas Holding Corp.
First Express, Inc. (United Kingdom)
First Federal Finance Corporation
Company Performance
Financial values in the chart are available after First Bancorp report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
0.23%
Operating profit (EBIT)
-11.2%
Net Profit (Loss) for the Period
-0.72%
Total assets
1.48%
Total equity
12.98%
Total Assets Trend
N/A
Net Interest Income Trend
-8.72%
Loans to Deposits Ratio
2.04%
Loans to Asset Ratio
2.44%

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