Description: First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to consumers and commercial customers. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, as well as other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; hedging activities; and purchase of mortgage loans from branch and mortgage bankers. The Consumer (Retail) Banking segment provides auto loans, finance leases, boat and personal loans, credit card loans, and lines of credit; and interest-bearing and non-interest-bearing checking and savings accounts, and individual retirement accounts and retail certificates of deposit (CDs), as well as insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans, residential mortgages, term and construction loan, home equity loans, lines of credit, FHLB advances, and brokered CDs; and internet banking, cash management, remote deposit capture, and automated clearing house transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.
Home Page: www.1firstbank.com
1519 Ponce de Leon Avenue
San Juan,
PR
00908-0146
United States
Phone:
787 729 8200
Officers
| Name | Title |
|---|---|
| Mr. Aurelio Aleman-Bermudez | President, CEO & Director |
| Mr. Orlando Berges-González CPA | Executive VP & CFO |
| Mr. Donald L. Kafka | Executive VP & COO |
| Mr. Cassan A. Pancham | Executive VP & Business Group Director |
| Ms. Nayda Rivera-Batista CPA | Executive VP & Chief Risk Officer |
| Mr. Said Ortiz CPA | Chief Accounting Officer, Controller & Senior VP |
| Mr. Ramon Rodriguez C.F.A. | Senior Vice President of Corporate Strategy / Investor Relations |
| Ms. Sara Alvarez-Cabrero | Executive VP, General Counsel & Secretary of the Board |
| Ms. Ginoris Lopez-Lay | Executive VP & Strategic Management Director |
| Mr. Thomas Michael McDonald | Executive VP & Business Group Director |
Exchange: F
Country: DE : Germany
Currency: Euro (€)
| GIC Sector: | Financials |
|---|---|
| GIC Group: | Banks |
| GIC Industry: | Banks |
| GIC Sub-Industry: | Regional Banks |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 10.9357 |
| Price-to-Book MRQ: | 1.9071 |
| Price-to-Sales TTM: | 3.6693 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 3168 |