FirstBank (First BanCorp), located in San Juan, Puerto Rico, is ranked the 669th and 1,537th Largest Company In The World by Forbes by Total Assets (of over $18.8 billion) and Profits, respectively.
Type – Public (NYSE: FBP)
Founded – San Juan, Puerto Rico
Headquarters – San Juan, Puerto Rico
Key people – Aurelio Aleman, President & CEO
Industry – Finance and Insurance
Products – Banking, Checking Accounts, Insurance, stock brokerage,Investment Bank, Asset-Based Lending, Consumer finance
Revenue – 1.201 billion USD$ (2008) (2005)
Net income – 109.937 million USD$ (2008) (2005)
Employees – 2,237 (2005)
Website – firstbankpr.com
First BanCorp offers full range of financial services as well as auto lease financing and insurance services, through its wholly-owned subsidiaries in US Virgin Islands, the British Virgin Islands and Florida.
FirstBank’s chief assets and sources of income are its commercial loans, which mainly consist of commercial real estate loans and construction loans; consumer loans, which mainly consist of auto loans, personal loans and credit card loans; and residential mortgage loans. FirstBank PR (Firstbank Pueto Rico) operates through a network of 69 branches (2005) in Puerto Rico, the Virgin Islands and Florida.
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