AlChavo.com to offer payroll services to FirstBank’s commercial clients
January 29, 2025
As part of the agreement, Alchavo.com will host a free webinar titled “Efficient Practices for Completing the Payroll Cycle.” #NewsismyBusiness
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First BanCorp reports $298M in net income for 2024, $75.7M for Q4
January 24, 2025
First BanCorp achieved record revenues in 2024, with total net interest income rising to $807.5 million, up from $797.1 million in 2023. #NewsismyBusiness
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FirstBank’s ‘Rescate Costero’ initiative exceeds 1st year goals
January 14, 2025
The effort resulted in planting 11,480 native trees covering more than 22,000 linear feet of local shorelines. #NewsismyBusiness
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The Shop by FirstBank’s marks its 4th edition at Plaza Las Américas
December 9, 2024
This initiative aims to promote local talent by providing them a platform to showcase their unique and high-quality products at Plaza Las Américas. #NewsismyBusiness
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FirstBank, Power Solar partner to give discounts on Ecoflow batteries
July 26, 2024
Customers will receive a 10% discount when buying equipment with a FirstBank credit or debit card. #NewsismyBusiness
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FirstBank provides $86.5M in financing to Grupo Felcon
June 25, 2024
The financing will be used to buy inventory and build new dealership facilities in Arecibo and San Sebastián. #NewsismyBusiness
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FirstBank OKs $27.5M in financing for Brisas del Mar Village
June 24, 2024
The 123 single-family housing rental units will be built in the municipality of Guayama. #NewsismyBusiness
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FirstBank OKs $31M in refinancing to Hipódromo Camarero
May 22, 2024
Camarero will use the funding to continue its uninterrupted operations. #NewsismyBusiness
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Overdraft/NSF fee cuts save consumers $6B, banks lose revenue
May 13, 2024
Puerto Rico banks such as Banco Popular, FirstBank and Oriental Bank have moved to reduce or eliminate overdraft/NSF fees in recent years. #NewsismyBusiness
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EnvSafe PR gets FirstBank’s ‘Uno con el ambiente’ award
May 2, 2024
Puerto Rican business receives award for its sustainability solutions for manufacturing. #NewsismyBusiness
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First BanCorp. reports $73.5M in Q1 net income
April 24, 2024
The financial institution plans to continue investing in technology to improve customer-facing services as well as internal processes. #NewsismyBusiness
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PRMA recognizes FirstBank’s coastal erosion mitigation program
April 18, 2024
The bank is working with a slew of government, academic and nonprofit groups to spread the program’s reach. #NewsismyBusiness
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FirstBank grants 26 scholarships as part of its YOU First College Program
April 8, 2024
Since the program’s inception, the financial institution has awarded more than $165,000 in university scholarships. #NewsismyBusiness
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FirstBank grants $21.5M in financing for Vista al Norte project in Guaynabo
February 22, 2024
Vista al Norte is condominium for low-income renters that will consist of 102 single-family units. #NewsismyBusiness
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First BanCorp. reports $305.M net income for 2023, $79.5M for 4Q
January 25, 2024
In 2023, First BanCorp. returned approximately $300 million, or close to 100%, of 2023 earnings, to shareholders through $200 million in stock repurchases and the payment of $100 million in common stock dividends. #NewsismyBusiness
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