First BanCorp, the bank holding company for FirstBank Puerto Rico, on Tuesday reported net income of $22 million for the second quarter of 2016, or $0.10 per diluted share, compared to $23.3 million, or $0.11 per diluted share, for the first quarter of 2016 and a net loss of $34.1 million, or $0.16 per diluted share, for the second quarter of 2015.
FirstBank recently launched its profile on the Spotify digital platform that includes two playlists— “Get Together Bank” and “Relax Bank” — created by bank staff for customers as part of the “Experiences” brand campaign.
Based on the premise that the residents of Puerto Rico contribute to environmental problems at a higher rate than those of other countries, more than 600 public elementary school students from 11 municipalities participated in the “Reto al cerebro” (“Brain Challenge”) program.
As a result of its successful business growth strategy, FirstBank is launching the new “Experiences” brand campaign that for the first time delivers its message through the bank’s clients, while integrating diverse products and services.
First BanCorp., the parent company for FirstBank Puerto Rico, reported Monday net income of $23.3 million for the first quarter of 2016, or $0.11 per diluted share, compared to $15 million, or $0.07 per diluted share, for the fourth quarter of 2015 and $25.6 million, or $0.12 per diluted share, for the first quarter of 2015.
As part of its 20th anniversary celebration, Money Express sponsored the ¡Resuelve y Gana! (“Find Solutions and Win!”) sweepstakes that ran from June 1 to Dec. 31, 2015.
As part of FirstBank’s goal to help people with limited resources to learn about and specialize in computer science, it collaborated with Codetrotters Academy to award a scholarship to program student Gabriel Rivera.
“Rayo de Luz” (Ray of Light) is the name of the mosaic mural that five low-income families in need of their own home in Santurce created together with a group of volunteers from FirstBank and FirstMortgage.
While Puerto Rico’s mortgage market has seen a serious decline of about 50 percent since 2007, FirstMortgage has sought to maintain its position by implementing a few strategies, including zeroing-in on towns outside the San Juan metropolitan area.
Aware of the importance of reducing the environmental damage caused by contamination related to the improper discarding of mobile phones, FirstBank has launched a device collection program.
First BanCorp. wrapped up what top executives called a “very busy year” with net income of $21.3 million, or $0.10 per diluted share for 2015, compared to $392.3 million, or $1.87 per diluted share, for the year ended Dec. 31, 2014.
FirstBank announced Thursday it has donated $20,000 to bolster the “Madres Tutoras” program at La Nueva Escuela Juan Ponce de León, located in the heart of the Juan Domingo community in Guaynabo.
The incidence in debit and credit card fraud has been in on the rise in Puerto Rico given the different ways fraudsters use to obtain a cardholder’s information.
FirstBank and Fundación Proyecto La Línea de mi Pensamiento have joined forces to sponsor the second edition of “Creando Verde” an art contest for students between eight and 18 years of age focusing on creating ecological and social awareness.
FirstBank announced Monday its recent partnership with nonprofit organization Siembra Vida, through its property donations program to develop and build a community agrotourism project in the Calvache sector of Rincón.
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