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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): January 23, 2025
First BanCorp.
(Exact Name of Registrant as Specified in its Charter)

Puerto Rico | 001-14793 | 66-0561882
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.)

1519 Ponce de Leon Ave. P.O. Box 9146 San Juan, Puerto Rico |  | 00908-0146
(Address of Principal Executive Offices) |  | (Zip Code)

(787) 729-8200
(Registrant’s Telephone Number, including Area Code)
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class | Trading Symbol(s) | Name of each exchange on which registered
Common Stock ($0.10 par value) | FBP | New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 | Results of Operations and Financial Condition.

On January 23, 2025, First BanCorp. (the “Corporation”), the bank holding company for FirstBank Puerto Rico (“FirstBank” or the “Bank”), issued a press release announcing its unaudited results of operations for the quarter ended December 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
A copy of the presentation that the Corporation will use at its conference call to discuss its financial results for the quarter ended December 31, 2024 is attached hereto as Exhibit 99.2 and is incorporated herein by reference. As announced in a press release dated January 8, 2025, the call may be accessed via a live Internet webcast at 10:00 a.m. Eastern time on Thursday, January 23, 2025, through the Corporation’s investor relations website: www.fbpinvestor.com or through the dial-in telephone number 833-470-1428 or 404-975-4839. The participant access code is 960930.

Item 9.01 | Financial Statements and Exhibits

(d) Exhibits

Exhibit |  | Description of Exhibit
99.1 |  |  | Press Release dated January 23, 2025 - First BanCorp Announces Earnings for the quarter ended December 31, 2024
99.2 |  |  | First BanCorp Conference Call Presentation – Financial Results for the quarter ended December 31, 2024
104 |  |  | Cover Page Interactive Data File (embedded within the Inline XBRL document).
|  |  | Exhibits 99.1 and 99.2 referenced therein, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall Exhibits 99.1 and 99.2 be deemed incorporated by reference in any filings under the Securities Act of 1933, as amended.

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Exhibit Index

Exhibit |  | Description of Exhibit
99.1 |  |  | Press Release dated January 23, 2025 - First BanCorp Announces Earnings for the quarter ended December 31, 2024
99.2 |  |  | First BanCorp Conference Call Presentation – Financial Results for the quarter ended December 31, 2024
104 |  |  | Cover Page Interactive Data File (embedded within the Inline XBRL document).

Exhibits 99.1 and 99.2 referenced therein, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall Exhibits 99.1 and 99.2 be deemed incorporated by reference in any filings under the Securities Act of 1933, as amended.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 23, 2025 | First BanCorp.
| By: | /s/ Orlando Berges |
| Name: | Orlando Berges
| Title: | EVP and Chief Financial Officer

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