Detail akcie FIRST BANCORP online

Business Summary: First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, First Bancorp interest income increased 19% to $1.02B. Net interest income after loan loss provision decreased 4% to $736.2M. Net income decreased 1% to $302.9M. Net interest income after loan loss provision reflects Commercial and Corporate Banking segment decrease of 53% to $60.8M, Mortgage Banking segment decrease of 19% to $86.2M, Net Interest Spread, Total -% decrease of 12% to 3.53%.