Said Ortiz was appointed as Executive Vice President and Chief Financial Officer at FIRST BANCORP /PR/.
“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.”
Orlando Berges retired as Executive Vice President and Chief Financial Officer at FIRST BANCORP /PR/.
“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”
Shareholder Votes
FIRST BANCORP /PR/ shareholders approved Ratify the Appointment of Crowe LLP as Independent Registered Public Accounting Firm for Fiscal Year Ending December 31, 2026 at the 2026-05-06 meeting.
“Proposal 4 – Ratify the Appointment of Crowe LLP as the Corporation’s Independent Registered Public Accounting Firm for Fiscal Year Ending December 31, 2026 Votes For Votes Against Votes Abstained 142,700,312 917,545 75,689 3 As a result of the vote disclosed above, the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was duly ratified by the stockholders of the Corporation.”
Shareholder Votes
FIRST BANCORP /PR/ shareholders approved Non-binding Approval of 2025 Executive Compensation at the 2026-05-06 meeting.
“Proposal 3 – Non-binding Approval of 2025 Executive Compensation of the Corporation’s named executive officers Votes For Votes Against Votes Abstained Broker Non-Votes 130,973,880 4,597,065 105,968 8,016,633 As a result of the vote disclosed above, the non-binding, advisory resolution to approve the Corporation’s named executive officer compensation as reported in the Proxy Statement was duly approved by the stockholders of the Company.”
Shareholder Votes
FIRST BANCORP /PR/ shareholders approved Adoption of the 2026 Omnibus Incentive Plan at the 2026-05-06 meeting.
“Proposal 2 – Adoption of the 2026 Omnibus Incentive Plan Votes For Votes Against Votes Abstained Broker Non-Votes 126,365,168 9,200,055 111,690 8,016,633 As a result of the vote disclosed above, the 2026 Omnibus Incentive Plan was duly approved by the stockholders of the Corporation.”
Shareholder Votes
FIRST BANCORP /PR/ shareholders approved Election of Directors at the 2026-05-06 meeting.
“Proposal 1 – Election of Directors Director Nominees : Votes For Votes Against Votes Abstained Juan Acosta Reboyras 133,131,685 2,492,818 52,410 Aurelio Alemán 133,994,286 1,627,091 55,536 Luz A. Crespo 131,748,820 3,875,113 52,980 Tracey Dedrick 135,020,841 603,154 52,918 Patricia M. Eaves 133,609,818 1,377,263 689,832 Daniel E. Frye 134,888,678 735,050 53,185 John A. Heffern 135,032,607 591,127 53,179 Roberto R. Herencia 99,373,785 36,134,938 168,190 Félix M. Villamil 135,051,354 572,964 52,595 Broker Non-Vote 8,016,633 shares for each director.”
Earnings Releases
FIRST BANCORP /PR/ reported the quarter ended March 31, 2026 results: net income $88.8 million, EPS $0.57 per diluted share.
“First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today reported a net income of $88.8 million, or $0.57 per diluted share, for the first quarter of 2026”
Juan Carlos Pavía changed role as Chief Operating Officer at FIRST BANCORP /PR/.
“Mr. Juan Carlos Pavía, Executive Vice President and Chief Credit Officer, will succeed Mr. Kafka as COO, effective August 1, 2025.”
Donald Kafka departed as Executive Vice President and Chief Operating Officer at FIRST BANCORP /PR/.
“Mr. Donald Kafka, Executive Vice President and Chief Operating Officer (“COO”), will retire from his position at the Corporation effective September 15, 2025.”
Nayda Rivera changed role as Chief Consumer Officer and Corporate Chief of Staff at FIRST BANCORP /PR/.
“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.”
Cassan Pancham departed as Executive Vice President and Business Group Executive at FIRST BANCORP /PR/.
“Cassan Pancham, Executive Vice President and Business Group Executive, will retire from his position at the Corporation effective May 15, 2025.”
Earnings Releases
FIRST BANCORP /PR/ reported the quarter ended March 31, 2024 results: net income $73.5 million, or $0.44 per diluted share.
“On April 23, 2024, First BanCorp. (the “Corporation”), the bank holding company for FirstBank Puerto Rico (“FirstBank” or the “Bank”), issued a press release announcing its unaudited results of operations for the quarter ended March 31, 2024.”
Earnings Releases
FIRST BANCORP /PR/ reported financial results for the quarter ended December 31, 2023.
“On January 24, 2024, First BanCorp. (the “Corporation”), the bank holding company for FirstBank Puerto Rico (“FirstBank” or the “Bank”), issued a press release announcing its unaudited results of operations for the quarter ended December 31, 2023.”
Earnings Releases
FIRST BANCORP /PR/ reported financial results for the quarter ended September 30, 2023.
“On October 20, 2023, First BanCorp. (the "Corporation"), the bank holding company for FirstBank Puerto Rico ("FirstBank" or the "Bank"), issued a press release announcing its unaudited results of operations for the quarter ended September 30, 2023. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.”
Earnings Releases
FIRST BANCORP /PR/ reported the quarter ended June 30, 2023 results: net income $70.7 million, EPS $0.39 per diluted share.
“Net income of $70.7 million, or $0.39 per diluted share, for the second quarter of 2023, consistent with the first quarter of 2023.”
Shareholder Votes
FIRST BANCORP /PR/ shareholders approved Ratify the Appointment of Crowe LLP as Independent Registered Public Accounting Firm for 2023 at the 2023-05-18 meeting.
“Proposal 3 – Ratify the Appointment of Crowe LLP as the Corporation’s Independent Registered Public Accounting Firm for 2023 Fiscal Year Votes For Votes Against Votes Abstained 168,731,199 186,139 81,105”
Shareholder Votes
FIRST BANCORP /PR/ shareholders approved Non-binding Approval of 2022 Executive Compensation at the 2023-05-18 meeting.
“Proposal 2 – Non-binding Approval of 2022 Executive Compensation of the Corporation’s named executive officers Votes For Votes Against Votes Abstained Broker Non-Votes 155,757,430 5,706,322 176,060 7,358,631”
Shareholder Votes
FIRST BANCORP /PR/ shareholders approved Election of Directors at the 2023-05-18 meeting.
“Proposal 1 – Election of Directors Director Nominees : Votes For Votes Against Votes Abstained Juan Acosta Reboyras 159,149,894 2,414,784 75,134 Aurelio Alemán 160,283,448 1,284,434 71,930 Luz A. Crespo 157,618,634 3,950,099 71,079 Tracey Dedrick 160,281,879 1,280,706 77,227 Patricia M. Eaves 158,645,063 2,743,458 251,291 Daniel E. Frye 159,442,579 2,121,423 75,810 John A. Heffern 159,435,549 2,121,427 82,836 Roberto R. Herencia 124,760,886 36,802,201 76,725 Félix M. Villamil 159,448,826 2,110,284 80,702 Broker Non- Vote 7,358,631_ shares for each director.”
Earnings Releases
FIRST BANCORP /PR/ reported the quarter ended March 31, 2023 results: net income $70.7 million, EPS $0.39 per diluted share.
“Net income of $70.7 million, or $0.39 per diluted share, for the first quarter of 2023”
Earnings Releases
FIRST BANCORP /PR/ reported financial results for the quarter ended December 31, 2022.
“On January 27, 2023, First BanCorp. (the “Corporation”), the bank holding company for FirstBank Puerto Rico (“FirstBank” or the “Bank”), issued a press release announcing its unaudited results of operations for the quarter ended December 31, 2022.”
Said Ortiz was appointed as Chief Accounting Officer at FIRST BANCORP /PR/.
“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.”
Calixto García-Vélez resigned as Executive Vice President and Florida Region Executive at FIRST BANCORP /PR/.
“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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.