Every 8-K that First Bancorp P R (FBP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FBP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FBP filings page.
First BanCorp. reported net income of $96.1 million and diluted EPS of $0.62 for the quarter ended June 30, 2026, up from $88.8 million and $0.57 in the prior quarter and $80.2 million and $0.50 a year earlier.
Adjusted pre-tax, pre-provision income reached a record $137.5 million and net interest income rose to $229.1 million as net interest margin expanded to 4.87%. Loans grew to $13.3 billion on $1.7 billion of quarterly originations, while the efficiency ratio improved to 48.07%.
Credit quality metrics remained sound, with annualized net charge-offs at 0.49% of average loans and non-performing assets at 0.59% of total assets. Capital and liquidity were high, including a CET1 ratio of 16.96% and available liquidity covering 134% of estimated uninsured deposits, as the company returned 84% of earnings via dividends and share repurchases.
First BanCorp filed an amendment describing detailed arrangements for its outgoing and incoming chief financial officers. Retiring CFO Orlando Berges will serve as an independent consultant under a Professional Services Agreement from July 1, 2026 through December 31, 2026 at an hourly rate of $300, providing advisory support on financial, strategic, audit, and regulatory matters, subject to confidentiality, non-solicitation, and non-competition covenants.
Incoming CFO Said Ortiz entered into a one-year employment agreement effective July 1, 2026 with automatic annual renewal. He will receive an annual base salary of $475,000, an annual bonus opportunity tied to predetermined objectives, and standard executive benefits, plus defined severance protections if terminated without cause, including enhanced payments following a qualifying change of control.
First BanCorp. reported that stockholders approved the First BanCorp 2026 Omnibus Incentive Plan at the annual meeting held on May 6, 2026. The plan authorizes 5,000,000 shares of common stock for future equity awards, plus any shares forfeited under the prior 2016 omnibus plan, and will be administered by the Board’s Compensation Committee.
Stockholders also elected nine directors for one-year terms, approved on a non-binding basis 2025 executive compensation, and ratified the appointment of Crowe LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
First BanCorp. reported strong results for the quarter ended March 31, 2026, with net income of $88.8 million and diluted EPS of $0.57, up from $77.1 million and $0.47 a year earlier. Earnings per share rose 21% year-over-year, supported by record adjusted pre-tax, pre-provision income of $131.4 million and a net interest margin of 4.75%. Return on average assets was 1.89% and return on average equity was 17.92%, while the efficiency ratio improved to 49.14%. Total loans were $13.1 billion, down modestly by $38.2 million, and core customer deposits grew by $158.5 million. Credit quality remained solid, with non-performing assets at $108.8 million, or 0.57% of total assets, and an allowance for credit losses on loans and leases of 1.87%. Capital remained robust, with a CET1 ratio of 16.93% and a tangible common equity ratio of 10.11%, even after $50.0 million of share repurchases and $31.5 million in common dividends, for a net payout ratio of 92%.
First BanCorp. announced an upcoming chief financial officer transition. Orlando Berges, Executive Vice President and CFO since 2009, plans to retire effective June 30, 2026, after nearly 17 years with the company, and is expected to enter into a temporary consulting agreement to provide advisory services.
The board has appointed Said Ortiz, currently Senior Vice President and Chief Accounting Officer, as Executive Vice President and CFO effective July 1, 2026. Ortiz is a Certified Public Accountant with more than 19 years of experience in accounting, auditing, and financial management, including prior roles at Ernst & Young and KPMG.
First BanCorp. filed a current report to announce that it has released unaudited financial results for the quarter ended December 31, 2025. The company issued a press release and prepared an investor presentation, both of which detail its operating performance for that period.
The bank holding company for FirstBank Puerto Rico also scheduled a conference call and live webcast for 10:00 a.m. Eastern time on January 27, 2026, to discuss these results with analysts and investors. Access details, including dial-in numbers and a participant code, are provided so interested parties can follow the earnings discussion.
First BanCorp. announced unaudited results for the quarter ended September 30, 2025 and shared access details for its investor webcast. The company furnished a press release as Exhibit 99.1 and a conference call presentation as Exhibit 99.2.
The webcast is scheduled for 10:00 a.m. Eastern on October 23, 2025 and can be accessed via www.fbpinvestor.com or by dialing 833-470-1428 or 646-844-6383 using participant code 304501. The company noted that Exhibits 99.1 and 99.2 are furnished and not deemed “filed” for purposes of Section 18 of the Exchange Act.