FIRST BANCORP (FBP) received a notice under Rule 144 that officer Nayda Rivera plans to sell up to 10,000 shares of First BanCorp common stock through Merrill Lynch on or about 08/26/2026. The filing lists an aggregate market value of $282,000 for these shares and states that 152,668,268 shares of common stock were outstanding. The shares to be sold were acquired as restricted stock compensation on 03/16/2025. The notice also reports that Rivera sold 10,000 shares of First BanCorp common stock during the prior three months, on 08/18/2026, for an aggregate value of $294,000.
FIRST BANCORP (FBP) executive Nayda Rivera, EVP, CCO and Chief of Staff, reported selling First BanCorp common stock. On August 17, 2026, she sold 10,000 shares in open-market or private transactions at a weighted average price of $29.59 per share, with individual sale prices ranging from $29.59 to $29.60. Following these transactions, she directly holds 240,398 shares of First BanCorp common stock.
First BanCorp is reporting a planned sale of its common stock under a Form 144 notice. The notice covers 10,000 shares of First BanCorp common stock, to be sold through Merrill Lynch at the NYSE. The shares are described as restricted stock acquired as compensation on 03/24/2025. The notice also lists an aggregate market value of $294,000 for the securities covered and references 152,668,268 shares of common stock outstanding as context. The intended sale date is stated as 08/17/2026.
First BanCorp., a Puerto Rico-based bank holding company, reported higher Q2 2026 profitability. Net income was $96,154 thousand, up from $80,180 thousand a year earlier, and diluted earnings per share increased to $0.62 from $0.50. Net interest income rose to $229,131 thousand as interest expense declined, while the provision for credit losses was lower than in 2025, supporting stronger bottom-line results. Non-interest income also increased, led by card and processing fees and insurance commissions.
As of June 30, 2026, total assets were $19,241,235 thousand and loans held for investment reached $13,257,223 thousand, funded primarily by $16,869,529 thousand in deposits. The allowance for credit losses on loans stood at $245,039 thousand and nonaccrual loans totaled $94,565 thousand. Cash from operations of $213,304 thousand helped fund net loan growth, $1,552,658 thousand of securities purchases, $104,940 thousand of common stock repurchases, and $62,549 thousand of common dividends, while stockholders’ equity was $1,976,833 thousand.
FMR LLC has filed an amended beneficial ownership report on the common stock of First BanCorp (Puerto Rico). FMR LLC reports beneficial ownership of 6,039,457.70 shares of common stock, representing 3.9 % of the class, with sole dispositive power over all reported shares and sole voting power over 6,036,217.99 shares. Abigail P. Johnson is also listed as reporting person with sole dispositive power over the same 6,039,457.70 shares. The filing states that one or more other persons may have rights to dividends or sale proceeds, but no such person has an interest exceeding five percent of the outstanding common stock.
A holder affiliated with First Bank filed a Form 144 indicating an intention to sell shares of the company’s common stock listed on the NYSE. The securities include stock acquired as a Stock Award from First Bank on 03/24/2024 as compensation.
The filing explicitly identifies 5,441 shares of common stock from this compensation award, and notes there are 30 additional acquisitions detailed in an attachment, which together define the potential resale amount under Form 144.
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 (FBP) EVP and CFO Orlando Berges Gonzalez reported routine tax-related share dispositions. On June 30, 2026, a total of 11,801 shares of First BanCorp common stock at $26.07 per share were withheld to cover taxes on vested restricted stock awards.
The footnotes state these shares were withheld in connection with restricted stock awards granted on March 21, 2024, March 19, 2025, and March 19, 2026. After these withholding transactions, Berges Gonzalez directly held 311,738 shares of First BanCorp common stock.
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 (FBP) executive vice president Lilian Diaz-Bento sold 8,000 shares of First BanCorp Common Stock in an open-market transaction. The shares were sold at an average price of $24.3346 per share. After this sale, Diaz-Bento directly holds 56,375 First BanCorp shares.