Highest-materiality recent filing
First BanCorp names Said Ortiz CFO; Berges to consult at $300/hr through Dec 2026
Berges retired as EVP/CFO; consulting with FirstBank Puerto Rico at $300/hr through Dec 31, 2026.
FBP shareholders approve 2026 Omnibus Incentive Plan; all nine directors elected
Stockholders approved the 2026 Omnibus Incentive Plan with 5M new shares authorized plus forfeited prior-plan shares.
First BanCorp Q1 2026 net income $88.8M ($0.57 EPS), up 21% YoY; record PTPP $131M
Net income $88.8M vs $77.1M YoY; diluted EPS $0.57 vs $0.47; ROAA 1.89% (17th consecutive quarter >1.5%).
First BanCorp CFO Orlando Berges to retire June 30, 2026; Said Ortiz appointed successor
Orlando Berges retires as EVP & CFO after ~17 years; expects consulting agreement post-retirement.
First BanCorp reports record FY2025 net income $345M; Q4 EPS $0.55 vs $0.63 Q3
FY2025 net income $344.9M ($2.15 EPS), up from $298.7M ($1.81) in FY2024, a 19% EPS increase.
First BanCorp reports Q3 2025 earnings; no specific results available in filing excerpt
First BanCorp (FBP) issued a press release on Oct 23, 2025 for Q3 2025 earnings, but the press release text is not included in the filing.
First BanCorp announces Q2 2025 earnings; no specific figures available in filing text
Earnings release dated July 22, 2025 for quarter ended June 30, 2025.
First BanCorp COO Donald Kafka to retire; Juan Carlos Pavía named successor effective August 1, 2025
Donald Kafka, EVP and COO, will retire effective September 15, 2025, as part of a strategic reorganization.
First BanCorp shareholders elect all eight director nominees, approve say-on-pay
All eight director nominees elected; support ranged from 72.2% (Roberto R. Herencia) to 99.6% (Félix M. Villamil).
First BanCorp discloses terms of consulting agreement with former EVP Pancham
Hourly fee of $250; minimum 20 hours/month, maximum 40 hours/month without prior approval.
First BanCorp Q1 net income $77.1M ($0.47 EPS); NIM expands 19 bps to 4.52%
Net income $77.1M ($0.47 diluted EPS) vs $75.7M ($0.46) in Q4 2024; revenue from NII $212.4M.
First BanCorp approves CEO salary increase and higher incentive targets for 2025
Base salary for CEO Aurelio Alemán raised 3.5% to $1,117,800, effective April 1, 2025.
First BanCorp reorganizes; two EVPs retiring, new Chief Consumer Officer named
Cassan Pancham (EVP, Business Group Executive) retires May 15, 2025; oversees Mortgage, Insurance, Eastern Caribbean.
First BanCorp reports Q4/FY2024 earnings; filing lacks detailed financial figures
Announced unaudited results for Q4 and full year 2024 via press release dated Jan 23, 2025.
First BanCorp announces Q3 2024 earnings; detailed results not provided in filing extract
Reported unaudited Q3 2024 results via press release and presentation on Oct 23, 2024.
First BanCorp announces Q2 2024 earnings; detailed figures not provided in filing excerpt
Press release and conference call presentation issued on July 23, 2024 for quarter ended June 30, 2024.
First BanCorp Board commits to annual Say-on-Pay votes after shareholder vote
Shareholders at May 23, 2024 annual meeting voted for annual Say-on-Pay frequency.
First BanCorp annual meeting elects directors, approves say-on-pay, ratifies Crowe as auditor
All 10 director nominees elected; Juan Acosta Reboyras received 139.7M for (lowest), Roberto R. Herencia 43.6M against (highest).
First BanCorp reports Q1 2024 net income of $73.5M, EPS $0.44
Net income $73.5M ($0.44 diluted EPS) vs $79.5M ($0.46) in Q4 2023 and $70.7M ($0.39) in Q1 2023.
CEO Aurelio Alemán base salary increase from $1.04M to $1.08M, effective April 1, 2024.
First BanCorp announces Q4 2023 results; detailed figures not available in extracted exhibit
Earnings press release issued January 24, 2024, for Q4 and full year 2023.
First BanCorp reports Q3 2023 results; no specific figures in filing excerpt
8-K filed Oct 20, 2023, referencing a press release announcing Q3 2023 unaudited results.
First BanCorp Q2 net income $70.7M flat QoQ; announces $225M share repurchase program
Net income $70.7M ($0.39 diluted EPS), consistent with Q1; ROAA 1.51% vs 1.55% prior quarter.
All 10 director nominees elected; largest opposition was Roberto R. Herencia with 124.8M for, 36.8M against.
First BanCorp Q1 net income $70.7M ($0.39 EPS); net interest margin 4.34%; pauses share buybacks
Net income $70.7M ($0.39 diluted EPS) vs $73.2M ($0.40) in Q4 2022 and $82.6M ($0.41) in Q1 2022.
First BanCorp boosts CEO base salary & revamps incentive metrics for NEOs
CEO Aurelio Alemán base salary increased to $1,040,000 from $1,000,000, effective April 1, 2023.
First BanCorp releases Q4 2022 results; no specific financial figures in filing excerpt
Filing references unaudited results for quarter ended Dec 31, 2022, but no numbers are provided in the presented text.
Net income $74.6M ($0.40 EPS) vs $74.7M ($0.38) in Q2; pre-tax pre-provision income record $122.4M, up 3% QoQ.
First BanCorp posts investor presentation but no specific financial details disclosed in filing
Exhibit 99.1 is an August 2022 investor presentation; exact contents not available in the provided excerpt.
First BanCorp Q2 net income $74.7M, EPS $0.38; record PTPP $118.8M
Net income $74.7M ($0.38 diluted share), down from $82.6M ($0.41) in Q1 2022 but up from $70.6M ($0.33) in Q2 2021.
First BanCorp shareholders elect all nine director nominees, approve say-on-pay, ratify Crowe
All nine director nominees elected; Roberto Herencia received 112.9M for, 61.5M against, 1.3M abstain.
First BanCorp Q1 2022 net income $82.6M ($0.41 EPS); new $350M buyback, 20% dividend increase
Net income $82.6M ($0.41 diluted EPS) vs Q4 2021 $73.6M ($0.35); pre-tax pre-provision income record $111.8M.
First BanCorp releases inaugural ESG Report for 2021
Report covers governance, responsible business, employees, DEI, community engagement, and environmental stewardship.
First BanCorp boosts CEO, CFO, and CRO compensation targets effective April 2022
CEO base salary increased to $1,000,000; CRO base salary increased to $500,000 effective April 1, 2022.
First BanCorp announces Q4 and FY 2021 results; specific figures not provided in filing text
Press release and conference call presentation attached as exhibits but not fully reproduced in this filing copy.
First BanCorp furnishes investor presentation; no material new disclosures
Filing solely provides an investor presentation dated November 2021.
First BanCorp reports Q3 2021 results; filing lacks detailed figures in provided text
Company issued press release and presentation for the quarter ended September 30, 2021.
First BanCorp appoints Said Ortiz as Chief Accounting Officer effective Oct 15, 2021
Said Ortiz, previously Assistant Controller, named CAO; replaces Orlando Berges who served as interim CAO since Feb 2020.
First BanCorp EVP and Florida Region Executive resigns effective Oct 12
Calixto García-Vélez resigned as EVP and Florida Region Executive of FirstBank Puerto Rico.
First BanCorp announces Q2 2021 results; specific figures not provided in filing excerpt
Press release (Ex. 99.1) and presentation (Ex. 99.2) attached but full detail not shown in filing.
In connection with his retirement, on June 30, 2026, Mr. Berges and FirstBank Puerto Rico, a subsidiary of the Corporation entered into a Professional Services Agreement
In connection with Mr. Ortiz’s appointment as Executive Vice President and Chief Financial Officer, the Corporation entered into a one-year employment agreement (the “Agreement”) effective July 1, 2026 with Mr. Ortiz.
Mr. Juan Carlos Pavía, Executive Vice President and Chief Credit Officer, will succeed Mr. Kafka as COO, effective August 1, 2025.
Mr. Donald Kafka, Executive Vice President and Chief Operating Officer (“COO”), will retire from his position at the Corporation effective September 15, 2025.
Cassan Pancham, Executive Vice President and Business Group Executive, will retire from his position at the Corporation effective May 15, 2025.
Nayda Rivera, Executive Vice President and Chief Risk Officer, will be promoted to Chief Consumer Officer and Corporate Chief of Staff effective April 1, 2025.
Effective October 15, 2021, First BanCorp. (the “Corporation”) appointed Mr. Said Ortiz, the Corporation’s Controller and Senior Vice President, to serve as the Corporation’s Chief Accounting Officer.
On October 8, 2021, Mr. Calixto García-Vélez notified First BanCorp (the “Corporation”), the bank holding company of FirstBank Puerto Rico (the “Bank”), of his intention to resign as the Bank’s Executive Vice President and Florida Region Executive. The effective date of Mr. García-Vélez resignation was October 12, 2021.
Max materiality 0.85 · Median 0.50 · Most common event earnings