First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $167.4 million, or $0.76 per diluted share for the year ended Dec. 31, 2019, vs $201.6 million, or $0.92 per diluted share for the year ended Dec. 31, 2018. The drop was attributed a one-time $63 million benefit last year, which […]
Financial institution FirstBank has established a $250,000 relief fund to support the recovery of communities in the southwest area that were affected by the recent earthquakes. During the first phase of the effort, the bank partnered with five nonprofit organizations that are offering services to families with pressing needs, namely: Centro de Microempresas y Tecnologías […]
FirstBank recently received a recognition from the American Bankers Association Association for its participation in the Community Commitment Awards with the 1Éxito Program, under the category of Community and Economic Development. The program is an alliance between FirstBank and INprende, a platform that promotes innovation and entrepreneurship, with the purpose of increasing the level of […]