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First BanCorp. (FBP) Q2 2025 Earnings Call Transcript

First BanCorp. (NYSE:FBP) Q2 2025 Earnings Conference Call July 22, 2025 10:00 AM ET

Company Participants

Ramon Rodriguez – Senior Vice President of Corporate Strategy / Investor Relations
Aurelio Aleman-Bermudez – President, CEO & Director
Orlando Berges-González – Executive VP & CFO

Conference Call Participants

Brett D. Rabatin – Hovde Group, LLC, Research Division
Timur Felixovich Braziler – Wells Fargo Securities, LLC, Research Division
Kelly Ann Motta – Keefe, Bruyette, & Woods, Inc., Research Division

Operator

Hello, and welcome, everyone, to the First BanCorp 2Q 2025 Financial Results. My name is Becky, and I’ll be your operator today. [Operator Instructions] I will now hand over to your host, Ramon Rodriguez, IR Officer, to begin. Please go ahead.

Ramon Rodriguez

Thank you, Becky. Good morning, everyone, and thank you for joining First BanCorp’s conference call and webcast to discuss the company’s financial results for the second quarter of 2025. Joining you today from First BanCorp are Aurelio Aleman, President and Chief Executive Officer; and Orlando Berges, Executive Vice President and 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 fbpinvestor.com.

At this time, I’d like to turn the call over to our CEO, Aurelio Aleman.

Aurelio Aleman-Bermudez

Thank you, Ramon. Good morning to everyone, and thanks for

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