Welcome to our dedicated page for FIRST BANCORP /PR/ SEC filings (Ticker: FBP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
First BanCorp. filings document the regulatory disclosures of a Puerto Rico bank holding company whose common stock is listed on the New York Stock Exchange under FBP. Its Form 8-K reports cover unaudited operating results, financial condition updates, earnings press releases, conference-call presentation exhibits, and material corporate events involving senior officer roles.
Proxy filings describe annual meeting procedures, stockholder voting matters, board governance, executive compensation, and other matters presented to holders of First BanCorp. common stock. The filings also identify the company’s status as the holding company for FirstBank Puerto Rico and provide formal records for financial reporting, governance, capital-market and disclosure obligations.
First BanCorp. is asking stockholders to vote at its virtual 2026 annual meeting on May 6, 2026. Investors will elect nine directors, adopt a new 2026 Omnibus Incentive Plan, approve 2025 executive pay on an advisory basis, and ratify Crowe LLP as auditor.
The proxy highlights 2025 results, including about $1.0 billion in revenues, $344.9 million in GAAP net income, 19% earnings-per-share growth to $2.15, a 1.81% return on average assets and 18.74% return on average equity. Loans reached $13.1 billion and deposits $16.1 billion. The company reports a strong capital position, with a 16.8% CET1 ratio and 18.0% total capital ratio, and notes returning nearly all 2025 earnings through dividends, buybacks and junior subordinated debt redemptions.
First BanCorp executive Nayda Rivera reported routine equity compensation activity and related tax withholding. She received 13,576 shares of First BanCorp common stock as a restricted stock award and 13,576 Performance Share Units, each tied to one share of common stock and subject to performance goals.
The restricted stock vests solely over three years, with 50% vesting on March 19, 2028 and the rest on March 19, 2029. The Performance Share Units form part of a larger 39,328-unit performance award that can pay out between 50% and 150% of the granted amount based on results. Separately, 2,661 shares of common stock were withheld to cover taxes on previously granted restricted stock that vested, leaving Rivera with 250,398 common shares directly held.
First BanCorp EVP and CFO Orlando Berges Gonzalez reported equity compensation changes and related tax withholding. On March 19, 2026, he received 13,980 shares of First BanCorp common stock as restricted stock under the Omnibus Incentive Plan, and a separate grant of 13,980 Performance Share Units, each representing a contingent right to one common share based on performance goals.
The restricted stock vests solely over three years, with 50% vesting on March 19, 2028 and the remaining 50% on March 19, 2029. On March 21, 2026, 2,479 common shares were withheld to cover taxes on previously granted restricted stock that vested. After these transactions, he directly owns 323,539 common shares and holds 44,254 Performance Share Units.
First BanCorp Chief Accounting Officer Ortiz Said reported routine equity compensation activity. On March 19, 2026, Said received a grant of 9,471 shares of restricted First BanCorp common stock at $20.59 per share under the company’s Omnibus Incentive Plan. These shares vest solely with time: 50% on March 19, 2028 and the remaining 50% on March 19, 2029. On March 21, 2026, 1,436 shares were withheld to cover taxes on restricted stock that vested from a prior 2024 award, a non‑market, tax-withholding disposition. After these transactions, Said directly holds 48,202.489 First BanCorp shares.
First BanCorp President and CEO Aurelio Aleman reported routine equity compensation and related tax withholding transactions. He received a grant of 58,318 shares of First BanCorp common stock at a reference price of $20.59, issued as restricted stock under the company’s Omnibus Incentive Plan. These shares vest solely over time, with 50% vesting on March 19, 2028 and the remaining 50% on March 19, 2029.
He was also granted 58,318 Performance Share Units, each representing a contingent right to one share of common stock, contributing to a total of 177,115 Performance Share Units outstanding from performance awards. Payout ranges from 50% of the award at threshold performance to 150% at maximum, with no payout below threshold. Separately, 12,693 common shares were withheld on March 21, 2026 at $20.57 per share to cover taxes on previously granted restricted stock that vested, leaving him with 1,130,475 common shares held directly.
First BanCorp EVP Michael McDonald reported routine equity compensation and tax-related share withholding. On March 19, 2026, he received 7,613 shares of First BanCorp common stock as restricted stock and 7,612 Performance Share Units, each representing a contingent right to one common share.
The restricted stock vests over three years, with 50% vesting on March 19, 2028 and the remainder on March 19, 2029. The Performance Share Units vest based on achievement of performance goals, with payout ranging from 50% to 150% of the award. On March 21, 2026, 794 shares of common stock were withheld to cover taxes on previously granted restricted stock that vested, leaving 76,170 common shares held directly and 19,449 Performance Share Units outstanding.
FIRST BANCORP /PR/ executive Jose Maria Lacasa reported routine equity compensation and related tax withholding. He received 10,693 shares of First BanCorp common stock as restricted stock on March 19, 2026 at $20.59 per share under the company’s Omnibus Incentive Plan. These restricted shares vest solely with time, 50% on March 19, 2028 and the remaining 50% on March 19, 2029.
He was also granted 10,692 Performance Share Units, each tied to one share of common stock, as part of a larger 26,948‑unit performance award that vests based on achievement of performance goals. On March 21, 2026, 1,596 common shares were withheld to cover taxes on previously granted restricted stock that vested, leaving him with 81,473 common shares held directly.
First BanCorp EVP and COO Juan Carlos Pavia reported routine equity compensation activity and related tax withholding. On March 19, 2026, he received 11,583 shares of restricted stock at $20.59 per share under the First BanCorp Omnibus Incentive Plan. These shares vest over three years, with 50% vesting on March 19, 2028 and the remaining 50% on March 19, 2029, based solely on time in service.
On the same date, he was also granted 11,583 Performance Share Units, each representing a contingent right to one share of common stock, vesting based on achievement of performance goals between threshold and maximum levels. On March 21, 2026, 1,474 common shares were withheld at $20.57 per share to cover taxes on previously granted restricted stock that vested that day. After these transactions, he holds 98,870 common shares directly and 31,894 Performance Share Units tied to performance outcomes.
First BanCorp EVP Lopez-Lay Ginoris reported equity compensation and related tax withholding transactions. On March 19, 2026, she received 9,228 shares of First BanCorp common stock as restricted stock under the First BanCorp Omnibus Incentive Plan, vesting over three years with 50% on March 19, 2028 and 50% on March 19, 2029. She also received 9,227 Performance Share Units, each representing a contingent right to one share of common stock based on achievement of performance goals, bringing total Performance Share Units to 27,149.
On March 21, 2026, 796 shares of common stock were withheld to cover taxes on restricted stock that vested from a March 21, 2024 award, a tax-withholding disposition rather than an open-market sale. After these transactions, she directly held 221,389 shares of common stock and 27,149 Performance Share Units.