26.09
+0.35%
Close of 9 Nov 2026, in USD
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About First Ban
From its filings with the US Securities and Exchange Commission
First Ban is based in San Juan, Puerto Rico and is incorporated in Puerto Rico. Its shares trade on NYSE under the ticker FBP. The SEC classifies its business as state commercial banks. In the fiscal year to 31 December 2025, it reported revenue of $1.26bn and net income of $344.9m. At that date it held total assets of $19.13bn and shareholders' equity of $1.97bn.
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 13 Jan 1987
- Employees
- 3,218
- Website
- 1firstbank.com/pr/es ↗
- Head office
- 1519 PONCE DE LEON AVE, SAN JUAN, PR, 00908-0146
- Incorporated in
- PR
- Classification
- State Commercial Banks
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Roberto HerenciaNon-Executive Independent Chairman of the Board$500,189
- Mr. Aurelio AlmanPresident, Chief Executive Officer, Director, since 1998$4.8m
- Mr. Orlando Berges GonzalezChief Financial Officer, Executive Vice President$1.6m
- Mr. Donald KafkaExecutive Vice President, Chief Operating Officer$1.1m
- Mr. Juan PaviaExecutive Vice President, Chief Operating Officer$1.2m
- Ms. Sara Alvarez-CabreroExecutive Vice President, General Counsel, Secretary of the Board of Directors
- Mrs. Lilian Diaz-BentoExecutive Vice President, Business Group Executive
- Mr. Jose LacasaExecutive Vice President, Florida Business Director
- Ms. Ginoris Lopez-Lay VizcarraExecutive Vice President, Strategic Management Director
- Mr. Thomas McDonaldExecutive Vice President, Business Group Director
- Mrs. Nayda Rivera-BatistaExecutive Vice President, Chief Consumer Officer, Corporate Chief of Staff$1.4m
- Ms. Myrna RiveraSenior Vice President, Division Director, Chief Risk Officer
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 77
- Environment
- 72
- Social
- 99
- Governance
- 60
- Women in the workforce
- 67%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- First Bancorp has a strong market presence and brand reputation in the banking industry.
- The company has a diversified revenue stream with multiple business lines, including commercial banking, mortgage services, and wealth management.
- First Bancorp has a well-established customer base and maintains strong customer relationships.
Weaknesses
- The company may face regulatory challenges and compliance issues due to the strict regulations governing the banking industry.
- First Bancorp's geographic concentration in specific regions may leave it vulnerable to local economic downturns.
- The bank's legacy systems and technology infrastructure may hinder operational efficiency and innovation.
Opportunities
- First Bancorp can expand its market share by targeting untapped customer segments or entering new geographic markets.
- The company can leverage technological advancements to enhance digital banking services and improve customer experience.
- Increasing demand for sustainable and socially responsible banking provides an opportunity for First Bancorp to develop and promote environmentally friendly products.
Threats
- Intense competition from other banks and financial institutions may pose a threat to First Bancorp's market share.
- Economic downturns or fluctuations in interest rates could impact the company's profitability and loan portfolios.
- Potential cybersecurity threats and data breaches could harm First Bancorp's reputation and customer trust.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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