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First BanCorp (First BanCorp) Total Deposits : $16,556.0 Mil (As of Dec. 2023)


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What is First BanCorp Total Deposits?

First BanCorp's annual total deposits declined from Dec. 2021 ($17,784.9 Mil) to Dec. 2022 ($16,143.5 Mil) but then increased from Dec. 2022 ($16,143.5 Mil) to Dec. 2023 ($16,556.0 Mil).


First BanCorp Total Deposits Historical Data

The historical data trend for First BanCorp's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First BanCorp Total Deposits Chart

First BanCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Deposits
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,348.43 15,317.38 17,784.89 16,143.47 16,555.99

First BanCorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Deposits Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16,051.97 16,819.69 16,435.24 16,555.99 16,545.51

First BanCorp Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.


First BanCorp (First BanCorp) Business Description

Traded in Other Exchanges
Address
1519 Ponce de Leon Avenue, Stop 23, San Juan, PRI, 00908
First BanCorp is a financial holding company. The company's operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. It generates maximum revenue from the Consumer (Retail) Banking segment. The Consumer (Retail) Banking segment consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centres. Geographically, it derives a majority of revenue from Puerto Rico.
Executives
Carlos Power officer: EVP P.O. BOX 9146, SAN JUAN PR 00908-0146
Aurelio Aleman officer: Executive Vice President P.O. BOX 9146, SAN JUAN PR 00908-0146
Donald Kafka officer: Chief Operating Officer PO BOX 9146, SAN JUAN PR 00908
Nayda Rivera officer: EVP PO BOX 9146, SAN JUAN PR 00908 0146
John A. Heffern director 7 TOFTREES COURT, PRINCETON NJ 08540
Tracey A Dedrick director C/O HUDSON CITY BANCORP, INC., PARAMUS NJ 07652
Daniel Edward Frye director 5 APPLEWOOD CIRCLE, EASTSANDWICH MA 02537
Gonzalez Orlando Berges officer: EVP and CFO PO BOX 9146, SAN JUAN PR 00908-0146
Roberto R Herencia director P.O. BOX 9146, SAN JUAN PR 00908
Patricia Eaves director PO BOX 9146, SAN JUAN PR 00908
Said Ortiz officer: Chief Accounting Officer PO BOX 9146, SAN JUAN PR 00908
Jose Maria Lacasa officer: EVP PO BOX 9146, SAN JUAN PR 00908
Lilian Diaz-bento officer: EVP PO BOX 9146, SAN JUAN PR 00908
Juan Carlos Pavia officer: EVP, Chief Credit Officer PO BOX 9146, SAN JUAN PR 00908
Sara Alvarez-cabrero officer: EVP, General Counsel PO BOX 9146, SAN JUAN PR 00908

First BanCorp (First BanCorp) Headlines

From GuruFocus

First Bancorp to Announce 1Q 2022 Results on April 28, 2022

By Business Wire Business Wire 04-08-2022

First BanCorp. Increases Quarterly Common Stock Cash Dividend By 43%

By Business Wire Business Wire 10-22-2021

First BanCorp. Announces Payment of Dividends on Preferred Stock

By Business Wire Business Wire 11-05-2021

First BanCorp to Announce 2Q 2022 Results on July 22, 2022

By Business Wire Business Wire 07-06-2022

First BanCorp. Declares Quarterly Cash Dividend on Common Stock

By Business Wire Business Wire 02-10-2022

First Bancorp (FBP) President and CEO Aurelio Aleman Sold $951,600 of Shares

By GuruFocus Research GuruFocus Editor 11-25-2021