About FirstBank
FirstBank is a company based in San Juan (United States) founded in 1948. It operates as a Subscription Services and Commission-Based. FirstBank has completed 2 acquisitions, including GrandSouth and Santander PuertoRico. FirstBank offers products and services including Personal Banking, Credit Cards, Mortgage Loans, and Commercial Banking. FirstBank operates in a competitive market with competitors including Scotiabank, OFG Bancorp, CBiBank, Cooperativa Oriental and Mercantile Bank, among others.
- Headquarter San Juan, United States
- Stage Public
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Phone•••• ••••
- Website 1firstbank.com/pr/es/personal/homepage.html
- Social LinkedIn X Facebook
- Legal Name First Bancorp. New
- Latest Funding Round$180M (USD), Post-IPO
May 2011
- Investors
- Investments & AcquisitionsGrandSouth
& 1 more
Products & Services of FirstBank
FirstBank offers a comprehensive portfolio of products and services, including Personal Banking, Credit Cards, Mortgage Loans, and Commercial Banking.
Personal accounts and services are provided for individuals.
Credit card solutions are offered for personal use.
Mortgage financing options are provided for home buyers.
Business accounts and services are tailored for companies.
Apps and channels of FirstBank
FirstBank publishes 2 mobile apps with over 100K+ downloads.
Funding Insights of FirstBank
- Total Rounds 1
- Last Round Post-IPO — $180M
- First Round $180M
(May 2011)
- Investors Count 1
All 1 funding rounds of FirstBank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2011 | $180M | Post-IPO | – | – |
1 investors in total: 1 institutional.
Investors in FirstBank
FirstBank has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Thomas H Lee Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward traditional industries. | 1974 | thl.com | Boston, United States |
Investor details for FirstBank
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of FirstBank
18 people are tracked at FirstBank (10 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Frank J. Lanza | Vice President, Mortgage Production & Sales Administration | Leadership |
Pablo Mares | Vice President Project Finance | Leadership |
Jose Maria Lacasa | Executive Vice President Florida Business Director | Leadership |
Michael Smith | Commercial Banking Director | Leadership |
Hernando Novoa | Senior Vice President, Branch Regional Sales | Leadership |
Aurelio Aleman Bermudez | President and Chief Executive Officer | Leadership |
Sergio Gonzalez | VP Corporate Banking | Leadership |
Thomas McGregor | Vp, Business Relationship Officer | Leadership |
Lester Garcia | VP Commercial Lending | Leadership |
David Argote | Vp, Commercial Banking | Leadership |
Hubert Villalobos Huerta | Business Banking Relationship Manager | Team |
Daniela Muñoz | Business Closing Officer | Team |
Elena Vandevender | Service Representative | Team |
John Lopez | Branch Manager | Team |
Michael Gomez | Business Relationship Officer | Team |
Stephanie Seara | Associate Portfolio Manager, Corporate Banking | Team |
Jose Albornoz | Treasury Officer | Team |
Jose Suarez | Commercial Credit Analyst II | Team |
Complete people profiles for FirstBank
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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IPO & Listings of FirstBank
FirstBank is a publicly listed company on the NASDAQ with ticker symbol FNLC in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date31 Oct 1994
- Listed onNASDAQ: FNLC
- Listed entityFirst Bancorp, Inc (ME)
- Exchange sectorFinance
- ISINPR3186727065
- Share price$26.68 (+0.04% on the day) · 2026-10-09
- Market capitalisation$4.07B
- Price to earnings11.2
- EPS (diluted, trailing year)$2.37
- Dividend yield2.92%
- Volume (last session)1,057,705
Financials of FirstBank
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $1.26B | $344.9M | – |
| 2024 | $1.23B | $298.7M | – |
| 2023 | $1.15B | $302.9M | – |
| 2022 | $991.7M | $305.1M | – |
| 2021 | $918.5M | $281.0M | – |
Detailed financial statements for FirstBank
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Investments & Acquisitions by FirstBank
FirstBank has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GrandSouth and Santander PuertoRico.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Commercial banking services are provided to businesses and individuals nationwide. | grandsouth.com | Greenville, United States | 1998 | Jun 2022 | $181.1M | |
Commercial banking services are offered nationwide in Puerto Rico. | santander.pr | San Juan, Puerto Rico | 1976 | Oct 2019 | $1.1B |
Complete acquisition details for FirstBank
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of FirstBank
5 dated milestones of FirstBank across 74 years, from founding to its latest funding, stage changes and deals.
- Founded FirstBank is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $180.0M.
- Acquisition Acquires Santander PuertoRico.
- Acquisition Acquires GrandSouth.
Competitors of FirstBank
FirstBank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, OFG Bancorp, CBiBank, Cooperativa Oriental and Mercantile Bank, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| scotiabank.com | 1832 | Toronto, Canada | – | 88,645 | Commercial banking services are provided internationally by Scotiabank. | |
| ofgbancorp.com | 1964 | San Juan, Puerto Rico | – | – | Commercial bank | |
| cbibank.com | 2006 | San Juan, Puerto Rico | $15M | – | Commercial banking services are offered by CBiBank in Puerto Rico. | |
| cooporiental.com | 1958 | Puerto Rico | – | 105 | Provides financial services like savings accounts, personal loans, and online banking. | |
| mercantile-bank.com | 2018 | San Juan, Puerto Rico | – | – | Commercial bank | |
| fbpinvestor.com | 1948 | San Juan, Puerto Rico | – | – | First BanCorp operates as a commercial bank, providing deposits, loans, and payment services to customers. | |
| ksk-bc.de | 1853 | Biberach, Germany | – | – | Provides retail and business banking services with online platforms and financial products. | |
| italbank.com | 2008 | San Juan, Puerto Rico | – | – | Operates as a commercial bank providing deposits, loans, and payment services to customers. | |
| ifeb.bank | 2018 | San Juan, Puerto Rico | – | – | Commercial banking services are offered in Puerto Rico. |
Detailed competitors of FirstBank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of FirstBank
The website of FirstBank (1firstbank.com) receives about 304.3K visits a month and ranks #146,192 among all websites worldwide, #9,093 in Financial Planning and Management.
- Monthly visits304.3K
▼ 1% vs previous month
- Unique visitors83.4K
per month
- Global rank#146,192
among all websites
- Category rank#9,093
Finance · Financial Planning and Management
- Bounce rate46%
- Pages per visit3.0
- Average visit3 min 28 sec
- DevicesDesktop 54% · Mobile 46%
Websites whose visitors overlap most with FirstBank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| popular.com | 100% | 1.7M | #28,139 | View details | |
| banescousa.com | 97% | 59K | #353,859 | View details | |
first1bank.com | first1bank.com | 92% | – | #2,632,152 | – |
| orientalbank.com | 91% | 293.6K | #181,186 | View details | |
| synchrony.com | 87% | 41.4M | #874 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 38 similar websites and full traffic analytics for FirstBank
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 38 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Similar companies to FirstBank
10 companies that operate in the same segment as FirstBank (Banks), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collateralised loans for commercial vehicles are extended to rural entrepreneurs. | 1996 | Jaipur, Rajasthan, India | USD 136.29 M | USD 2.3 B | 50,950 | |
Small finance services are extended to underserved segments in India. | 2005 | Bengaluru, Karnataka, India | USD 153.96 M | – | 21,203 | |
Commercial banking services are provided in the United Kingdom. | 2010 | London, England, United Kingdom | USD 564 M | USD 1.15 B | – | |
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 111.83 M | USD 474.19 M | 12,520 | |
Wealth advisory and banking services are offered to clients. | 1872 | Charlotte, North Carolina, United States | USD 900 K | USD 881.26 M | 1,240 | |
Microfinance bank | 1999 | Bengaluru, Karnataka, India | USD 814.02 M | USD 670.62 M | 25,380 | |
Small finance bank offering savings accounts, deposits, and loan products | 2008 | Mumbai, Maharashtra, India | USD 110.94 M | USD 268.59 M | 8,650 | |
Commercial banking services are offered to individuals and businesses. | 2004 | Mumbai, Maharashtra, India | USD 4.63 M | USD 3.98 B | 28,690 | |
Provider of a commercial banking services | 1993 | Mumbai, Maharashtra, India | – | USD 17.37 B | 104,450 | |
Small finance bank | 2007 | Chennai, Tamil Nadu, India | USD 194.55 M | USD 840.3 M | 25,430 |
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Frequently Asked Questions about FirstBank
FirstBank was founded in 1948 and raised its 1st funding round 63 years after it was founded.
FirstBank is headquartered in San Juan, United States. It is registered at San Juan, Puerto Rico, United States.
FirstBank is involved in offering a wide range of banking and financial services. Personal banking solutions, including checking and savings accounts, credit cards, and loans, are provided to individual clients. Commercial banking services, such as business accounts and credit solutions, are tailored for corporate clients. Operations are primarily focused in Puerto Rico, with additional presence in Florida and the Virgin Islands. Digital banking platforms are maintained to enhance customer access and convenience. Various insurance products and investment options are also made available to clients across different sectors.
FirstBank's top competitors include Scotiabank, CBiBank and OFG Bancorp.
FirstBank offers Personal Banking, Credit Cards, Mortgage Loans, and Commercial Banking.
Yes, FirstBank is publicly traded on NASDAQ under the ticker symbol FNLC.
FirstBank has made 2 acquisitions, including GrandSouth, and Santander PuertoRico.
FirstBank has 1 investor. Key investors include Thomas H Lee Partners.
FirstBank operates through First Bancorp.
Yes. FirstBank publishes FirstBank Tu Banca Digital App and 1 more app, with over 100,000 downloads.
The website of FirstBank receives about 304 thousand visits a month and ranks #146,192 among all websites worldwide.