First BanCorp operates as a bank holding company headquartered in San Juan, Puerto Rico, providing retail and commercial banking services through its flagship subsidiary FirstBank Puerto Rico. The company offers a broad range of financial products including consumer credit (auto loans, personal loans, credit cards), deposit accounts, residential and commercial mortgages, and cash management services. It also provides insurance agency services and fund management capabilities through its Treasury and Investments segment.
The company's business is organized into six operating segments. The Mortgage Banking segment handles residential mortgage origination, sale, and servicing. Consumer (Retail) Banking provides auto financing, credit cards, personal loans, and deposit products. Commercial and Corporate Banking serves business customers with real estate and construction loans alongside business management services. The United States Operations segment offers banking services to customers in the continental U.S., including traditional lending and deposit products. The Virgin Islands Operations segment conducts consumer and commercial lending and deposit-taking activities. Treasury and Investments manages funds, while the company also operates an insurance agency business.
First BanCorp maintains a geographic footprint spanning Puerto Rico, the U.S. Virgin Islands, and the continental United States. The company was founded in 1948 and is incorporated in Puerto Rico. It trades on the New York Stock Exchange under the ticker FBP with a market capitalization of approximately $3.3 billion.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $2.15 | $2.16 | +18.8% | |
| 2024 | $1.81 | $1.82 | +5.8% | |
| 2023 | $1.71 | $1.72 | +7.5% | |
| 2022 | $1.59 | $1.60 | +21.4% | |
| 2021 | $1.31 | $1.32 | +184.8% | |
| 2020 | $0.46 | $0.46 | -39.5% | |
| 2019 | $0.76 | $0.76 | -17.4% | |
| 2018 | $0.92 | $0.92 | +206.7% | |
| 2017 | $0.30 | $0.30 | -30.2% | |
| 2016 | $0.43 | $0.44 | +330.0% | |
| 2015 | $0.10 | $0.10 | -94.7% | |
| 2014 | $1.87 | $1.89 | +333.8% | |
| 2013 | $-0.80 | $-0.80 | -671.4% | |
| 2012 | $0.14 | $0.15 | -93.6% | |
| 2011 | $2.18 | $2.69 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-27 | 0001057706-26-000007 | SEC ↗ |
| 2024-12-31 | 2025-02-28 | 0001057706-25-000002 | SEC ↗ |
| 2023-12-31 | 2024-02-28 | 0001057706-24-000004 | SEC ↗ |
| 2022-12-31 | 2023-02-28 | 0001057706-23-000002 | SEC ↗ |
| 2021-12-31 | 2022-03-01 | 0001057706-22-000005 | SEC ↗ |
| 2020-12-31 | 2021-03-01 | 0001057706-21-000006 | SEC ↗ |
| 2019-12-31 | 2020-03-02 | 0001057706-20-000005 | SEC ↗ |
| 2018-12-31 | 2019-03-01 | 0001057706-19-000003 | SEC ↗ |
| 2017-12-31 | 2018-03-16 | 0001057706-18-000022 | SEC ↗ |