FirstBank launches $400K YOU First College Program
October 28, 2022
The program will offer scholarships, internships and educational experiences aimed at enriching students’ academic and professional profile.
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FirstBank raises $35K+ for cancer patients during ‘Da Vida’ walk
August 25, 2022
FirstBank has raised more than $275,000 for the Hospital Oncológico Dr. Isaac González Martínez between 2020 and 2022.
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FirstBank donates urban garden to Instituto Psicopedagógico de Puerto Rico
June 28, 2022
The development of urban gardens is part of the “Crece Verde” initiative within FirstBank's corporate program “Uno con el Ambiente.”
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FirstBank invites Niños de Nueva Esperanza to basketball game
June 24, 2022
FirstBank hosted the activity that promotes the well-being of the kids.
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FirstBank supports microbusinesses on Loíza Street
April 4, 2022
The donation will support a monthly community fair.
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FirstBank grants $3.1M financing for construction of Multy Medical Facilities in Ponce
March 31, 2022
Multy Medical Facilities has a 22,000 square-foot rehabilitation unit with three treatment areas.
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First BanCorp. reports $281M in net income in ’21, vs. $102M in ’20
January 27, 2022
First BanCorp., parent company of First Bank, reported net income of $281 million for the year ended Dec. 31, 2021, compared to $102.3 million for the year ended Dec. 31, 2020. In an interview with News is my Business, First BanCorp. CEO Aurelio Alemán attributed the growth to the completion of the acquisition of Banco […]
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FirstBank heads reforestation project in Santurce’s Lote 23
November 18, 2021
As part of their commitment with the environment and in alliance with Lote 23, a group of volunteer employees from FirstBank planted 20 fruit trees in this gastronomic park in Santurce. The initiative seeks to provide the tenants at the park with fruit to prepare their dishes and recipes, organizers said. This activity is part […]
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First BanCorp. reports $75.7M in 3Q21 net income
October 26, 2021
First BanCorp., FirstBank Puerto Rico’s parent company, reported net income of $75.7 million, or $0.36 per diluted share, for the third quarter of 2021, compared to $70.6 million, or $0.33 per diluted share, for the second quarter of 2021, and $28.6 million, or $0.13 per diluted share, for the third quarter of 2020. Financial results […]
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FirstBank donates to 2 nonprofits dedicated to dog adoption, care in Puerto Rico
September 1, 2021
As part of its commitment to vulnerable populations, FirstBank sponsored the National Dog Day event held by Vivo Beach Club and donated to two nonprofit organizations dedicated to the adoption and care of dogs on the island. El Foster Club, whose mission is to create a support network to house abandoned animals until they find […]
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FirstBank seeks 100 entrepreneurs interested in receiving free training through 1Éxito program
August 24, 2021
Seeking to promote the strengthening of existing small businesses, FirstBank, together with INprende, are launching the third edition of the 1Éxito program, to offer training and strategic business strategies to 100 local entrepreneurs for free. Those interested in participating in the program must complete the application on or before Sept. 3rd. “[The year] 2020 was […]
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FirstBank sues Pizza City owners to collect $1.9M in unpaid loan, foreclose
August 23, 2021
FirstBank Puerto Rico recently filed a lawsuit seeking to collect $1.9 million from the owners of Pizza City, a long-standing, popular eatery with tourists on the Isla Verde strip in Carolina, claiming non-payment of an existing loan. It is also pursuing foreclosure and the sale of the iconic restaurant through public auction. In the lawsuit […]
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Executive appointments at FirstBank, Uber, Ernst & Young
June 18, 2021
This edition of Climbing the Corporate ladder features executive appointments in several industries, namely banking, a ride-share company and an accounting firm. FirstBank announces trio of new executivesFirstBank CEO Aurelio Alemán announced the following appointments to the institution’s executive group: Sara Álvarez, as executive vice president and general counsel; Juan Carlos Pavía, as executive vice […]
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First Bancorp reports $50.1M in 4Q20, up 38% YoY
February 1, 2021
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 […]
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FirstBank donates $900K to 110 Puerto Rico-based nonprofits in ’20
December 22, 2020
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 […]
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