First Bancorp, parent company for FirstBank Puerto Rico reported net income of $50.1 million, or $0.23 per diluted share, for the fourth quarter of 2020, up 38% from the $36.4 million, or $0.16 per diluted share, reported for the fourth quarter of 2019. Financial results for the fourth quarter of 2020 reflected First Bancorp’s closing […]
FirstBank granted more than $900,000 to 110 nonprofit organizations throughout the island during 2020. As part of that commitment, the financial institution included a special initiative “One with Puerto Rico” over the holiday season through which it donated $150,000 to 30 entities that serve vulnerable communities in the three regions in which it operates: Puerto […]
As part of the efforts to aid communities as a result of the COVID-19 emergency, FirstBank donated $113,000 to 15 nonprofit organizations throughout Puerto Rico the island. The community organizations that received the donations were: Acueducto Rural Palmarito; Asesores Financieros; Food Bank Puerto Rico; Boys & Girls Club; Centro Comunitario Reverenda Inés J. Figueroa; Concilio […]
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