First Bancorp Files 2025 Proxy Statement

Ticker: FBP · Form: DEF 14A · Filed: 2025-04-08T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, annual-meeting, governance

TL;DR

First Bancorp dropped its 2025 proxy statement, shareholders vote May 21.

AI Summary

First Bancorp filed its definitive proxy statement (DEF 14A) on April 8, 2025, for its annual meeting on May 21, 2025. The filing details information for shareholders regarding the company's governance and upcoming votes. The company is headquartered at 1519 Ponce de Leon Ave, San Juan, PR.

Why It Matters

This filing provides shareholders with crucial information to make informed decisions regarding company leadership and strategic direction at the upcoming annual meeting.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) and does not contain new material information that would inherently increase risk.

Key Players & Entities

FIRST BANCORP (company) — Registrant
0001140361-25-012813 (filing_id) — Accession Number
20250408 (date) — Filing Date
20250521 (date) — Meeting Date
1519 PONCE DE LEON AVE (address) — Business Address

FAQ

What is the purpose of a DEF 14A filing?

A DEF 14A filing, also known as a definitive proxy statement, is filed by a company to provide shareholders with information they need to vote on matters at an upcoming shareholder meeting, such as the election of directors or executive compensation.

When is First Bancorp's annual meeting scheduled?

First Bancorp's annual meeting is scheduled for May 21, 2025.

What is the filing date of this proxy statement?

This definitive proxy statement was filed on April 8, 2025.

Where is First Bancorp's principal executive office located?

First Bancorp's principal executive office is located at 1519 Ponce de Leon Ave, San Juan, PR 00908-0146.

What is the SIC code for First Bancorp?

The Standard Industrial Classification (SIC) code for First Bancorp is 6022, which corresponds to Commercial Banks.

From the Filing

0001140361-25-012813.txt : 20250408 0001140361-25-012813.hdr.sgml : 20250408 20250408160056 ACCESSION NUMBER: 0001140361-25-012813 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20250521 FILED AS OF DATE: 20250408 DATE AS OF CHANGE: 20250408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST BANCORP /PR/ CENTRAL INDEX KEY: 0001057706 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance EIN: 660561882 STATE OF INCORPORATION: PR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-14793 FILM NUMBER: 25821869 BUSINESS ADDRESS: STREET 1: 1519 PONCE DE LEON AVE STREET 2: SANTURCE CITY: SAN JUAN STATE: PR ZIP: 00908-0146 BUSINESS PHONE: 7877298200 MAIL ADDRESS: STREET 1: 1519 PONCE DE LEON AVE STREET 2: PO BOX 9146 CITY: SAN JUAN STATE: PR ZIP: 00908-0146 DEF 14A 1 ny20042632x1_def14a.htm DEF 14A TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934         ☒     Filed by the Registrant ☐     Filed by a Party other than the Registrant           Check the appropriate box:   ☐     Preliminary Proxy Statement ☐     Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒     Definitive Proxy Statement ☐     Definitive Additional Materials ☐     Soliciting Material Pursuant to Section 240.14a-12         FIRST BANCORP. (Name of Registrant as Specified In Its Charter) Not Applicable (Name of Person(s) Filing Proxy Statement if other than the Registrant)   Payment of Filing Fee (Check the appropriate box): ☒     No fee required. ☐     Fee paid previously with preliminary materials. ☐     Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.         TABLE OF CONTENTS   TABLE OF CONTENTS       1519 PONCE DE LEÓN AVENUE SAN JUAN, PUERTO RICO 00908 (787) 729-8200 NOTICE OF 2025 ANNUAL MEETING OF STOCKHOLDERS                   Date Wednesday, May 21, 2025         Time 10:00 a.m., Atlantic Standard Time         On the Internet www.virtualshare holdermeeting.com/ FBP2025         Record Date Close of Business March 24, 2025   Only stockholders of record as of the close of business on March 24, 2025 are entitled to receive notice of and to vote at the Annual Meeting and any adjournments or postponements of the meeting.     You will be able to participate in the virtual annual meeting, vote your shares electronically, and submit questions during the meeting, and stockholders of record may view the list of registered holders entitled to vote at the Annual Meeting. You will not be able to attend the Annual Meeting in person.   To virtually attend the Annual Meeting you must be a stockholder of record or beneficial owner as of the record date. You will be able to attend and participate in the Annual Meeting by visiting www.virtualshareholder meeting.com/FBP2025 and entering the 16-digit control number included in your proxy card. Stockholders of record will need their control number to vote at the virtual Annual Meeting.   Those without a control number may attend as guests but will not have the option to vote their shares or submit questions during the Annual Meeting. Beneficial owners of shares held in street name will need to follow the instructions provided by their broker, bank, trustee or other nominee that holds thei