First BanCorp. New (FBP) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the first Bancorp Q1 2026 Financial Results Conference Call. All participants are in a listen-only mode. After the speaker's remarks, we will conduct a question and answer session. To ask a question at this time, you will need to press star followed by the number one on your telephone keypad. As a reminder, this conference call is being recorded. I would now like to turn the call over to Germán Rodríguez, Corporate Strategy and Investor Relations. Thank you. Please go ahead. Thank you, Julian. Good morning, everyone. Thank you for joining First Bank Corp's conference call and webcast to discuss the company's financial results for the first quarter of 2026. I'm here with Aurelio Alemán, President and Chief Executive Officer, and Orlando Vérez, Chief Financial Officer. Before we begin today's call, it is my responsibility to inform you that this call may involve certain forward-looking statements, such as projections of revenue, earnings, and capital structure, as well as statements on the plans and objectives of the company's business. The company's actual results could differ materially from the forward-looking statements made due to the important factors described in the company's latest SEC filings. The company assumes no obligation to update any forward-looking statements made during the call. If anyone does not already have a copy of the webcast presentation or press release, you can access them at our website at fbbinvestor.com. At this time, I'd like to turn the call over to our CEO, Aurelio Aleman. Thank you, Ramon. Good morning. Good morning, everyone, and thanks for joining our call today. We started 2026 with very strong momentum, generating $89 million in net income, or $0.57 per share. That is actually up 21% when compared to s...