First BanCorp

First BanCorp is a publicly owned financial holding company.  The Corporation provides a wide range of financial services for retail, commercial and institutional clients. First BanCorp has six reportable 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. Mortgage Banking operations consist of 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 BVI, including retail and commercial banking services.

Company Growth (employees)
San Juan, PR
Size (employees)
2,701 (est)
First BanCorp was founded in 1948 and is headquartered in San Juan, PR

First BanCorp Office Locations

First BanCorp has offices in San Juan, Deerfield Beach, Margate, Pembroke Pines and in 9 other locations
San Juan, PR (HQ)
1519 Ponce de Leon Avenue
Deerfield Beach, US
1898 W Hillsboro Blvd
Margate, US
7220 W Atlantic Blvd
Miami, US
848 Brickell Ave
Pembroke Pines, US
204 S Flamingo Rd
Pinecrest, US
9795 S Dixie Hwy
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First BanCorp Financials and Metrics

First BanCorp Financials

First BanCorp's revenue was reported to be $673.2 m in FY, 2016 which is a 2% decrease from the previous period.

Revenue (FY, 2016)

673.2 m

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

93.2 m

Market capitalization (31-Oct-2017)

1.1 b

Closing share price (31-Oct-2017)

First BanCorp's current market capitalization is $1.1 b.
USDFY, 2014FY, 2015FY, 2016


695.3 m686.9 m673.2 m

Revenue growth, %


Net Income

392.3 m21.3 m93.2 m
USDY, 2016


244.1 k
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First BanCorp Operating Metrics

First BanCorp's Total Loans Issued was reported to be $8.7 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$8.88 b$9.26 b$9 b$9.07 b$8.87 b$8.89 b$8.64 b$8.65 b$8.68 b$8.62 b$8.69 b

Bank Branches


Non-performing Loans

$523.9 m$563.54 m$463.57 m$472.64 m$442.77 m$574.94 m$598.19 m$566.71 m$560.09 m$477.57 m$411.41 m
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First BanCorp Market Value History

First BanCorp's Web-traffic and Trends

First BanCorp Online and Social Media Presence

First BanCorp Company Life and Culture

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