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)
Type
Public
HQ
San Juan, PR
Founded
1948
Size (employees)
2,701 (est)-2%
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
Christiansted, VI
13 King St
Frederiksted, VI
Strand St
Pinecrest, US
9795 S Dixie Hwy
Miami, US
9290 SW 40th St
Hialeah, US
1325 W 49th St
Show all (15)

First BanCorp Data and Metrics

First BanCorp Financial Metrics

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

Revenue (FY, 2016)

673.2 m

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

(2%)

Net income (FY, 2016)

93.2 m

Market capitalization (22-Sep-2017)

1.2 b

Closing share price (22-Sep-2017)

5.6
First BanCorp's current market capitalization is $1.2 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

695.3 m686.9 m673.2 m

Revenue growth, %

(1%)(2%)

Net Income

392.3 m21.3 m93.2 m
USDY, 2016

Revenue/Employee

244.1 k
Show all financial metrics

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

767270

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
Show all operating metrics

First BanCorp Market Value History

Traffic Overview of First BanCorp

First BanCorp Online and Social Media Presence

First BanCorp News and Updates

BRIEF-Republic First Bancorp Inc Q2 earnings per share $0.03

July 28 (Reuters) - Republic First Bancorp Inc Says Total Risk

BRIEF-First Bancorp to buy Carolina Bank Holdings

* Merger agreement has been unanimously approved by boards of directors of each company

First BanCorp Company Life and Culture

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