FirstBank Puerto Rico
FirstBank Puerto Rico reported total assets of $19.2 bn at Q2 2026, up 1.7% on a year earlier, the 107th largest of 497 banks in our US coverage. The CET1 capital ratio at FirstBank Puerto Rico was 15.96%, and the uninsured share of FirstBank Puerto Rico was 48.20%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, FirstBank Puerto Rico climbed from 407th to 338th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- FirstBank Puerto Rico has one of the highest return on equity (ROE) readings among banks of $10 bn to $100 bn: 18.97% at , against a median of 10.71% across 126 banks (FDIC Call Reports).
- At 4.90%, the net interest margin of FirstBank Puerto Rico sits in the top tenth of its size group ($10 bn to $100 bn, 126 banks), where the median is 3.62% (FDIC Call Reports).
What sets FirstBank Puerto Rico apart
- Since , FirstBank Puerto Rico has taken over one institution; the latest was Banco Santander Puerto Rico on .
How large is FirstBank Puerto Rico?
The balance sheet of FirstBank Puerto Rico at : assets $19.2 bn, deposits $16.9 bn, net loans $13.0 bn (loans equal to 77.08% of deposits). Securities make up 25.6% of total assets at FirstBank Puerto Rico. Since , when FirstBank Puerto Rico held $12.7 bn, its assets grew 51.4%. In the year to , deposits at FirstBank Puerto Rico rose 1.8% while its total assets rose 1.7%. At , FirstBank Puerto Rico employed 3,173 full-time equivalent staff across 74 offices, about $6.1 mn of assets per employee and $228.4 mn of deposits per office.
How much funding at FirstBank Puerto Rico is uninsured?
At FirstBank Puerto Rico, uninsured deposits (above the FDIC limit) made up 48.20% of domestic deposits at (-6.55 pp on a year earlier); FirstBank Puerto Rico ranks 98th of 500 on this measure. In dollars, FirstBank Puerto Rico estimated $8.0 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $16.9 bn | +1.8% | 100th of 499 |
| Net loans and leases | $13.0 bn | +3.1% | 107th of 500 |
| Loan-to-deposit ratio | 77.08% | +1.03 pp | 371st of 500 |
| Tier 1 leverage ratio | 11.54% | +0.42 pp | 120th of 500 |
| Total risk-based capital ratio | 17.97% | +0.51 pp | 71st of 448 |
| Net interest margin | 4.90% | +0.21 pp | 45th of 500 |
| Return on assets (ROA) | 1.89% | +0.27 pp | 65th of 500 |
| Efficiency ratio | 49.07% | -0.67 pp | 128th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $5.5 mn | Narrowed by $2.0 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $362.0 mn | Narrowed by $72.9 mn | |
| Noncurrent loans to total loans | 0.90% | -0.11 pp | 338th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.56% | -0.07 pp | 448th of 500 (1 = lowest) |
US rank of FirstBank Puerto Rico: 1 = highest unless marked 1 = lowest.
Balance sheet
FirstBank Puerto Rico: assets, deposits and loans
- Total assets $19.2bn
- Deposits $16.9bn
- Net loans $13.0bn
Capital and securities
The CET1 ratio of FirstBank Puerto Rico stood at 15.96% in , +0.51 pp year on year. Low and high at FirstBank Puerto Rico since : 15.45% () to 20.26% (). Equity capital of FirstBank Puerto Rico at : $1.9 bn, or 10.0% of total assets. FirstBank Puerto Rico also reported a total capital ratio of 17.97% for , and a tier 1 leverage ratio of 11.54%.
On held-to-maturity securities, FirstBank Puerto Rico carried an unrealized loss of $5.5 mn at , equal to 0.3% of equity capital. The loss narrowed by $2.0 mn over the year. Its deepest point: $29.9 mn in . The available-for-sale portfolio of FirstBank Puerto Rico showed an unrealized loss of $362.0 mn at ; the loss narrowed by $72.9 mn over the year.
FirstBank Puerto Rico: capital ratios
- Total capital 18%
- CET1 16%
- Tier 1 leverage 12%
FirstBank Puerto Rico: unrealized securities gains and losses
- Available for sale -$362mn
- Held to maturity -$5mn
Profitability and loan quality
For the year to , FirstBank Puerto Rico earned a return on equity of 18.97%; return on assets: 1.89%. Net interest margin at FirstBank Puerto Rico: 4.90%, +0.21 pp in a year. FirstBank Puerto Rico net income: $181.1 mn, up 16.8% year on year. The efficiency ratio of FirstBank Puerto Rico was 49.07%: about 49 cents cost per revenue dollar, against 55 cents at the median peer.
At , noncurrent loans were 0.90% of total loans at FirstBank Puerto Rico; net charge-offs: 0.56% of average loans. Gross loans and leases at FirstBank Puerto Rico: $13.3 bn, up 3.1% in a year.
FirstBank Puerto Rico: profitability
- Return on equity 19%
- Net interest margin 4.9%
- Return on assets 1.9%
Peer group of FirstBank Puerto Rico
The peer group of FirstBank Puerto Rico is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of FirstBank Puerto Rico (state nonmember bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Puerto Rico. Against them, FirstBank Puerto Rico shows CET1 ratio 15.96% against a peer median of 12.21%, return on equity 18.97% against a peer median of 14.43% and uninsured deposit share 48.20% against a peer median of 37.72%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| The Central Trust Bank | State member bank | MO | $20.3 bn | 12.69% | 22.10% | 38.43% | |
| Apple Bank | State-chartered stock savings bank | NY | $19.9 bn | 11.68% | 4.83% | 21.01% | |
| Stifel Bank and Trust | State member bank | MO | $19.6 bn | 10.97% | 27.27% | 17.13% | |
| FirstBank Puerto Rico | State nonmember bank | PR | $19.2 bn | 15.96% | 18.97% | 48.20% | |
| Trustmark Bank | State member bank | MS | $19.2 bn | 12.43% | 11.39% | 37.02% | |
| Bank of Hope | State nonmember bank | CA | $19.0 bn | 12.65% | 5.90% | 40.33% | |
| ServisFirst Bank | State nonmember bank | AL | $18.3 bn | 12.00% | 17.46% | 66.41% | |
. FDIC Call Reports.
Last eight quarters
Two years at FirstBank Puerto Rico, to : assets +2.0%, deposits +3.2%, equity +8.7%. Staff 3,093 to 3,173; offices 75 to 74.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $18.9 bn | $19.3 bn | $19.1 bn | $18.9 bn | $19.3 bn | $19.1 bn | $19.1 bn | $19.2 bn |
| Total deposits | $16.4 bn | $16.9 bn | $16.9 bn | $16.6 bn | $16.9 bn | $16.7 bn | $16.7 bn | $16.9 bn |
| Bank equity capital | $1.8 bn | $1.7 bn | $1.7 bn | $1.8 bn | $1.8 bn | $1.9 bn | $1.9 bn | $1.9 bn |
| CET1 ratio | 16.00% | 15.76% | 15.56% | 15.45% | 15.48% | 15.60% | 15.76% | 15.96% |
| Return on equity (ROE) | 18.40% | 18.38% | 17.49% | 17.81% | 17.93% | 18.04% | 18.09% | 18.97% |
| Uninsured share of domestic deposits | 52.42% | 55.54% | 54.53% | 54.75% | 53.00% | 49.52% | 48.87% | 48.20% |
| Full-time equivalent employees | 3,093 | 3,062 | 3,102 | 3,123 | 3,162 | 3,168 | 3,184 | 3,173 |
| Number of offices | 75 | 74 | 74 | 74 | 74 | 74 | 74 | 74 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of FirstBank Puerto Rico, oldest first; figures before and after each event are not like for like.
- . Absorbed Banco Santander Puerto Rico (FDIC certificate 20828).
Large one-quarter moves at FirstBank Puerto Rico
- Total assets at FirstBank Puerto Rico changed by +32.4% in the quarter to 2020-09-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Banco Santander Puerto Rico.
Questions and identifiers
What were the total assets of FirstBank Puerto Rico?
FirstBank Puerto Rico reported $19.2 bn at in its Call Report. That makes FirstBank Puerto Rico the 107th largest of 497 banks in our US coverage.
Is FirstBank Puerto Rico the same as its holding company?
No. This page covers FirstBank Puerto Rico, FDIC certificate 30387; FIRST BCORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is FirstBank Puerto Rico profitable?
FirstBank Puerto Rico reported net income of $181.1 mn for the year to ; annualized return on equity: 18.97%. So yes: FirstBank Puerto Rico made a profit over these months.
When is data for FirstBank Puerto Rico next updated?
Figures from FirstBank Puerto Rico for are due after .
Where can I check the figures for FirstBank Puerto Rico?
In the FDIC BankFind Suite record for certificate 30387, and in the Call Reports of FirstBank Puerto Rico (RSSD ID 510871) at the FFIEC Central Data Repository.