FBP

FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services

Retrieved on: 
Wednesday, March 20, 2024
Sales management, Motivation, Partnership, SAN, First BanCorp, First, FBP, Region, NCino, Airline

SAN JUAN, Puerto Rico, March 20, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp (NYSE: FBP), has partnered with nCino to offer a more modern commercial banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio.

Key Points: 
  • SAN JUAN, Puerto Rico, March 20, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp (NYSE: FBP), has partnered with nCino to offer a more modern commercial banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio.
  • This project was spurred on by FirstBank Puerto Rico’s digital transformation initiative, which is focused on enhancing the customer experience by providing greater agility and simplicity in its online commercial operations.
  • These innovations will also improve the lending and portfolio management process for FirstBank Puerto Rico’s employees, simplifying the loan cycle and enhancing credit response times.
  • Juan Carlos Pavía, Executive Vice President and Chief Credit Officer at FirstBank Puerto Rico, said, "Here at FirstBank Puerto Rico, we are driven by technology, but our true motivation will always be serving our customers' needs.

First BanCorp to Announce 1Q 2024 Results on April 23, 2024

Retrieved on: 
Tuesday, April 2, 2024
Banking, Professional Services, Finance, Webcast, Software, Internet, Research, First BanCorp, FBP

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, 2024, before the market opens on April 23, 2024.

Key Points: 
  • 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, 2024, before the market opens on April 23, 2024.
  • First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Tuesday, April 23, 2024.
  • The call and webcast will be broadcast live over the internet and can be accessed through the Corporation’s investor relations website: fbpinvestor.com .
  • A telephone replay will be available until May 23, 2024, at 866-813-9403, with access code 838187.

First BanCorp. Increases Quarterly Cash Dividend on Common Stock to $0.16

Retrieved on: 
Thursday, February 8, 2024
Banking, Professional Services, Insurance, Finance, First BanCorp, Share repurchase, FBP, Holding company

(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 $0.16 per share, which represents an increase of 14% or $0.02 per common share compared to its most recent dividend paid in December 2023.

Key Points: 
  • (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 $0.16 per share, which represents an increase of 14% or $0.02 per common share compared to its most recent dividend paid in December 2023.
  • The dividend is payable on March 8, 2024 to shareholders of record at the close of business on February 23, 2024.
  • “We are pleased to announce an increase in the quarterly cash dividend payment on the Corporation’s common stock from $0.14 to $0.16 per share starting in the first quarter of 2024.
  • The increased quarterly dividend level equates to an annualized dividend rate of $0.64 per common share.

First Bancorp to Announce 4Q 2023 Results on January 24, 2024

Retrieved on: 
Monday, January 8, 2024
Banking, Professional Services, Insurance, Finance, Research, Webcast, Internet, First BanCorp, FBP, Software

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 fourth quarter ended December 31, 2023, before the market opens on January 24, 2024.

Key Points: 
  • 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 fourth quarter ended December 31, 2023, before the market opens on January 24, 2024.
  • First BanCorp will hold a conference call and live webcast to discuss the financial results at 11:00 a.m. Eastern time on Wednesday, January 24, 2024.
  • The call and webcast will be broadcast live over the internet and can be accessed through the Corporation’s investor relations website: fbpinvestor.com .
  • A telephone replay will be available until February 23, 2024, at 866-813-9403, with access code 906531.

First BanCorp Declares Quarterly Cash Dividend on Common Stock

Retrieved on: 
Tuesday, October 31, 2023
Banking, Professional Services, Finance, FBP, First BanCorp, NYSE, FirstBank (Puerto Rico), Holding company

First BanCorp.

Key Points: 
  • 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 $0.14 per share on its outstanding common stock.
  • The dividend is payable on December 8, 2023 to shareholders of record at the close of business on November 24, 2023.

First BanCorp to Announce 3Q 2023 Results on October 20, 2023

Retrieved on: 
Thursday, October 5, 2023
Banking, Professional Services, Insurance, Finance, Software, NYSE, Webcast, FirstBank (Puerto Rico), FBP, First BanCorp, Internet, Research

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 third quarter ended September 30, 2023, before the market opens on October 20, 2023.

Key Points: 
  • 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 third quarter ended September 30, 2023, before the market opens on October 20, 2023.
  • First BanCorp will hold a conference call and live webcast to discuss the financial results at 11:00 a.m. Eastern time on Friday, October 20, 2023.
  • The call and webcast will be broadcast live over the internet and can be accessed through the Corporation’s investor relations website: fbpinvestor.com .
  • A telephone replay will be available until November 17, 2023, at 866-813-9403, with access code 203912.

First BanCorp Announces Capital Actions

Retrieved on: 
Monday, July 24, 2023
Banking, Professional Services, Finance, FBP, FirstBank (Puerto Rico), Treasury, Corporation, First BanCorp, NYSE

The dividend is payable on September 8, 2023 to shareholders of record at the close of business on August 24, 2023.

Key Points: 
  • The dividend is payable on September 8, 2023 to shareholders of record at the close of business on August 24, 2023.
  • Aurelio Alemán, President and Chief Executive Officer, stated, "Our balance sheet and capital ratios remain strong, with ratios significantly above 'well capitalized' thresholds.
  • The Corporation’s common stock repurchase program will be subject to various factors, including the Corporation’s capital position, liquidity, financial performance and alternative uses of capital, stock trading price, and general market conditions.
  • The repurchase program may be modified, extended, suspended, or terminated at any time at the Corporation’s discretion.

First BanCorp to Announce 2Q 2023 Results on July 27, 2023

Retrieved on: 
Friday, July 7, 2023
Banking, Professional Services, Finance, FBP, FirstBank (Puerto Rico), Webcast, First BanCorp, Research, NYSE, Internet, Software, Broadcasting

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, 2023, before the market opens on July 27, 2023.

Key Points: 
  • 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, 2023, before the market opens on July 27, 2023.
  • First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Thursday, July 27, 2023.
  • The call and webcast will be broadcast live over the internet and can be accessed through the Corporation’s investor relations website: fbpinvestor.com .
  • A telephone replay will be available until August 26, 2023, at 866-813-9403, with access code 486480.

First BanCorp Announces the Release of Its 2022 Corporate Sustainability Report

Retrieved on: 
Monday, June 26, 2023
Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Finance, Banking, FBP, Social Security Government Pension Offset, First, FirstBank (Puerto Rico), ESG, Social, Corporate sustainability, First BanCorp, NYSE, Renewable energy, Management

First BanCorp.

Key Points: 
  • First BanCorp.
  • (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced the release of its 2022 Corporate Sustainability Report, which highlights the Corporation’s strategy and development relating to Environmental, Social and Governance (ESG) matters.
  • This 2022 Corporate Sustainability Report provides more information on the Corporation’s performance and management of our commitments to address ESG priorities, while building long-term value to the Corporation’s stakeholders.
  • I am confident that we will help build a sustainable, prosperous, and inclusive future for our company, our people, our customers, and our communities.”

First Bancorp Declares Quarterly Cash Dividend on Common Stock

Retrieved on: 
Thursday, April 27, 2023
Professional Services, Business, Finance, FBP, FirstBank (Puerto Rico), First BanCorp, NYSE, Holding company

First BanCorp.

Key Points: 
  • 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 $0.14 per share on its outstanding common stock.
  • The dividend is payable on June 9, 2023 to shareholders of record at the close of business on May 24, 2023.