FBP · First Bancorp /Pr/

First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today reported a net income of $96.1 million, or $0.62 per diluted share, for the second quarter of 2026, compared to $88.8 million, or $0.57 per diluted share, for the first quarter of 2026, and $80.2 million, or $0.50 per diluted share, for the second quarter of 2025. Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: “We concluded the first half of the year with another quarter of strong financial and operating performance, delivering growth across our franchise while continuing to generate attractive returns for shareholders. Adjusted pre-tax, pre-provision income reached a record of $137.5 million, earnings per share increased 24% compared to the prior year, and return on average assets was 2.02%, marking our 18th consecutive quarter above 1.5%. By many measures, this represents the strongest and most

First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend is payable on September 11, 2026 to shareholders of record at the close of business on August 27, 2026. About First BanCorp. First BanCorp. is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the U.S. and British Virgin Islands and Florida, and of FirstBank Insurance Agency, LLC. First BanCorp’s shares of common stock trade on the New York Stock Exchange under the symbol “FBP.” Safe Harbor This press release may contain “forward-looking statements” concerning the Corporation. The words or phrases “expect,” “anticipate,” “intend,” “look forward,” “should,” “would,” “believes” and similar expressions are meant to identify “forward-looking statements” within the meaning of

First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico ("FirstBank"), is aware that a lawsuit has been filed against it in the United States District Court for the Southern District of New York alleging claims relating to banking services provided to Jeffrey Epstein following a bank acquisition in the U.S. Virgin Islands. The Corporation and FirstBank categorically deny the claims alleged in the complaint and intend to vigorously defend against them. First BanCorp and FirstBank are committed to maintaining the highest standards of compliance, governance, and ethical conduct. As a highly regulated financial institution, FirstBank maintains a comprehensive Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance program designed to meet its legal and regulatory obligations, and, as a matter of ongoing practice, works cooperatively with its regulators and, where appropriate, with law enforcement authorities in support of the integrity and

First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the second quarter ended June 30, 2026, before the market opens on July 22, 2026. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00am Eastern Time on Wednesday, July 22, 2026. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation’s investor relations website: fbpinvestor.com . Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may also be accessed through a dial-in telephone number 800-715-9871 or 646-307-1963. The participant access code is 1895316. Following the webcast presentation, a question-and-answer session will be made available to research analysts and institutional investors. A telephone replay will be available until

First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend is payable on June 12, 2026 to shareholders of record at the close of business on May 28, 2026. About First BanCorp. First BanCorp. is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the U.S. and British Virgin Islands and Florida, and of FirstBank Insurance Agency, LLC. First BanCorp’s shares of common stock trade on the New York Stock Exchange under the symbol “FBP.” Safe Harbor This press release may contain “forward-looking statements” concerning the Corporation. The words or phrases “expect,” “anticipate,” “intend,” “look forward,” “should,” “would,” “believes” and similar expressions are meant to identify “forward-looking statements” within the meaning of Section 27A of

First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today reported a net income of $88.8 million, or $0.57 per diluted share, for the first quarter of 2026, compared to $87.1 million, or $0.55 per diluted share, for the fourth quarter of 2025, and $77.1 million, or $0.47 per diluted share, for the first quarter of 2025. Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: “We began the year with another quarter of strong operating results, delivering consistent performance across our franchise. Earnings per share increased 21% year-over-year, reflecting strong revenue generation and disciplined expense management, which translated into a return on average assets of 1.89%—our 17th consecutive quarter posting a ROAA above 1.5%. Underlying revenue trends remained very strong during the quarter, with pre‑tax, pre‑provision income reaching an all‑time high of $131

First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the first quarter ended March 31, 2026, before the market opens on April 22, 2026. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00am Eastern Time on Wednesday, April 22, 2026. The call and webcast will be broadcast live over the internet and can be accessed through the Corporation’s investor relations website: fbpinvestor.com . Listeners are recommended to go to the website at least 15 minutes prior to the call to download and install any necessary software. The call may also be accessed through a dial-in telephone number 800-715-9871 or 646-307-1963. The participant access code is 5351564. Following the webcast presentation, a question-and-answer session will be made available to research analysts and institutional investors. A telephone replay will be available until

First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that Orlando Berges, Executive Vice President and Chief Financial Officer, will retire from the Corporation effective June 30, 2026, after close to 17 years of distinguished service. Mr. Berges joined the Corporation in May 2009 and has played a central leadership role in the Corporation’s transformation and long‑term strengthening. Throughout his tenure, he led the Finance organization with discipline, transparency, and strategic vision. His contributions were instrumental in recapitalizing the institution and guiding it through its turnaround, adhering to the highest level of financial reporting standards, executing major acquisitions and integrations, enhancing capital planning and balance sheet strength, and contributing to the profitability and stable capital position that characterize FirstBank today. “We are profoundly grateful for Orlando’s leadership and his

First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today reported a net income of $87.1 million, or $0.55 per diluted share, for the fourth quarter of 2025, compared to $100.5 million, or $0.63 per diluted share, for the third quarter of 2025, and $75.7 million, or $0.46 per diluted share, for the fourth quarter of 2024. For the year ended December 31, 2025, the Corporation reported a net income of $344.9 million, or $2.15 per diluted share, compared to $298.7 million, or $1.81 per diluted share, for the year ended December 31, 2024. Aurelio Alemán, President and Chief Executive Officer of First BanCorp, commented: “Our fourth quarter results marked a strong finish to a record year for the franchise underscored by record revenues, positive operating leverage, and stable credit performance. Our results continue to demonstrate the resiliency of our well diversified business model and

First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, which represents an increase of 11% or $0.02 per common share compared to its most recent dividend paid in December 2025. The dividend is payable on March 13, 2026 to shareholders of record at the close of business on February 26, 2026. “We are pleased to announce an increase in the quarterly cash dividend payment on the Corporation’s common stock from $0.18 to $0.20 per share starting in the first quarter of 2026. The dividend increase, together with our share buyback program, underscores our ongoing commitment to execute our strategic priorities, enhancing long-term shareholder value, and sustaining a solid capital position,” said Aurelio Alemán, President and CEO of Corporation. The increased quarterly dividend level equates to an annualized dividend rate of $0.80 per common share.