Company Profile
Updated: 20-OCT-09First BanCorp.
Public Company, Headquarters Location
PO Box 9146, San Juan, PR 00908-0146, United States
(787)729-8200, (787)729-8205 fax, http://www.firstbankpr.com
Primary SIC: State Commercial Banks, Primary NAICS: Commercial Banking
Description: First BanCorp is a publicly-owned financial holding company that was incorporated under the laws of the Commonwealth of Puerto Rico. First BanCorp provides a wide range of financial services for retail, commercial and institutional clients in Puerto Rico, the United States, and the U.S. and British Virgin Islands. As of December 31, 2008, the company controlled four wholly-owned subsidiaries: FirstBank, FirstBank Insurance Agency, Inc., Grupo Empresas de Servicios Financieros (dba PR Finance Group) and Ponce General Corporation. FirstBank conducts business through its main office located in San Juan, Puerto Rico, 48 full service banking branches in Puerto Rico, 16 branches in the United States Virgin Islands (USVI) and British Virgin Islands (BVI), and a loan production office in Miami, Florida. FirstBank has four wholly-owned subsidiaries with operations in Puerto Rico: First Leasing and Rental Corporation, a vehicle leasing and daily rental company with nine offices in Puerto Rico; First Federal Finance Corp. (dba Money Express La Financiera), a finance company specialized in the origination of small loans with 37 offices in Puerto Rico; First Mortgage, Inc., a residential mortgage loan origination company with 36 offices in FirstBank branches and at stand-alone sites; and FirstBank Overseas Corporation, an international banking entity. FirstBank also has two subsidiaries with active operations in USVI: First Insurance Agency VI, Inc. and First Express.Finance: Bank holding company for federally chartered bank.
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Recent News Articles
- First BanCorp Announces Changes in Senior Management and Board of Directors.
Business Wire - September 28, 2009 - First BanCorp Reports Financial Results for the Second Quarter Ended June 30, 2009 and Announces the Suspension of Common and Preferred Dividends.
Investment Weekly News - August 15, 2009 - First BanCorp Announces Payment of Common and Preferred Dividends.
Investment Weekly News - June 27, 2009 - First BanCorp Announces Payment of Preferred Dividends.
Business Wire - June 25, 2009
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