Aurelio Aleman Biography and Net Worth

CEO of First BanCorp.

Aurelio Aleman-Bermudez serves as President, Chief Executive Officer, Director of the Company. Mr. Alemán currently serves as Chairman of the Board of Directors and CEO of the Corporation’s subsidiaries First Federal Finance Limited Liability Company d/b/a Money Express, First Express, Inc., First Management of Puerto Rico, L.L.C., FirstBank Insurance Agency, LLC and FirstBank Overseas Corp. He was the Chairman of the Board of Directors and CEO of the Corporation’s subsidiary First Mortgage, Inc. from September 2005 through December 2014, and Senior Executive Vice President and Chief Operating Officer of First BanCorp. from October 2005 to September 2009. During that period, he was responsible for all the Retail & Consumer Banking Business Areas of FirstBank, as well as the operations of First Mortgage, First Leasing & Car Rental, FirstBank Insurance Agency, Inc., and First Federal Finance Limited Liability Company d/b/a Money Express. He was also in charge of the operations of FirstBank’s Florida banking subsidiary and the British and US Virgin Islands, where FirstBank is the leading banking institution. In addition, he supervised the Human Resources, Operations, Technology, Strategic Planning, and Marketing and Public Relations departments. He was the Executive Vice President responsible for the consumer lending business of FirstBank between 1998 and 2009, where he undertook the presidency of various of the Corporation’s subsidiaries, as follows: President of First Federal Finance Limited Liability Company d/b/a Money Express from 2000 to 2006; President of FirstBank Insurance Agency, Inc. from 2001 to 2006; and President of the Corporation’s subsidiary First Leasing & Rental Corp. from 1999 to June 2007.

What is Aurelio Aleman's net worth?: The estimated net worth of Aurelio Aleman is at least $23.59 million as of March 5th, 2024. Mr. Aleman owns 1,126,325 shares of First BanCorp. stock worth more than $23,585,246 as of November 16th. This net worth estimate does not reflect any other assets that Mr. Aleman may own. Additionally, Mr. Aleman receives an annual salary of $2,410,000.00 as CEO at First BanCorp.. Learn More about Aurelio Aleman's net worth.
How old is Aurelio Aleman?: Mr. Aleman is currently 65 years old. There are 7 older executives and no younger executives at First BanCorp.. Learn More on Aurelio Aleman's age.
What is Aurelio Aleman's salary?: As the CEO of First BanCorp., Mr. Aleman earns $2,410,000.00 per year. Learn More on Aurelio Aleman's salary.
How do I contact Aurelio Aleman?: The corporate mailing address for Mr. Aleman and other First BanCorp. executives is 1519 PONCE DE LEON AVE STOP 23, SAN JUAN PR, 00908. First BanCorp. can also be reached via phone at (787) 729-8200 and via email at [email protected]. Learn More on Aurelio Aleman's contact information.
Has Aurelio Aleman been buying or selling shares of First BanCorp.?: Aurelio Aleman has not been actively trading shares of First BanCorp. within the last three months. Most recently, Aurelio Aleman sold 50,000 shares of the business's stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $17.17, for a transaction totalling $858,500.00. Following the completion of the sale, the chief executive officer now directly owns 1,126,325 shares of the company's stock, valued at $19,339,000.25. Learn More on Aurelio Aleman's trading history.
Who are First BanCorp.'s active insiders?: First BanCorp.'s insider roster includes Aurelio Aleman (CEO), Orlando Berges-Gonzalez (CFO), Luz Crespo (Director), Tracey Dedrick (Director), Patricia Eaves (Director), John Heffern (Director), Roberto Herencia (Director), Donald Kafka (COO), Michael McDonald (EVP), Carlos Power (EVP of Consumer Lending Business), and Nayda Rivera (EVP). Learn More on First BanCorp.'s active insiders.
Are insiders buying or selling shares of First BanCorp.?: During the last twelve months, insiders at the bank sold shares 15 times. They sold a total of 459,762 shares worth more than $8,245,533.39. The most recent insider tranaction occured on November, 8th when EVP Nayda Rivera sold 25,000 shares worth more than $529,750.00. Insiders at First BanCorp. own 2.5% of the company. Learn More about insider trades at First BanCorp..
Information on this page was last updated on 11/8/2024.

Aurelio Aleman Insider Trading History at First BanCorp.

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/5/2024	Sell	50,000	$17.17	$858,500.00	1,126,325
12/7/2023	Sell	50,000	$15.79	$789,500.00	1,176,325
7/29/2022	Sell	10,000	$14.93	$149,300.00	1,107,159
7/27/2022	Sell	40,000	$15.00	$600,000.00	1,137,159
11/22/2021	Sell	65,000	$14.64	$951,600.00
6/8/2021	Sell	40,000	$12.99	$519,600.00	1,201,065

Aurelio Aleman Buying and Selling Activity at First BanCorp.

First BanCorp. Company Overview

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to consumers and commercial customers. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, as well as other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; hedging activities; and purchase of mortgage loans from branch and mortgage bankers. The Consumer (Retail) Banking segment provides auto loans, finance leases, boat and personal loans, credit card loans, and lines of credit; and interest-bearing and non-interest-bearing checking and savings accounts, and individual retirement accounts and retail certificates of deposit (CDs), as well as insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans, residential mortgages, term and construction loan, home equity loans, lines of credit, FHLB advances, and brokered CDs; and internet banking, cash management, remote deposit capture, and automated clearing house transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

Today's Range

Now: $20.94

$20.65

$21.16

50 Day Range

MA: $20.43

$18.88

$22.20

2 Week Range

Now: $20.94

$14.72

$22.40

Volume

828,410 shs

Average Volume

1,040,279 shs

Market Capitalization

$3.43 billion

P/E Ratio

11.57

Dividend Yield

3.06%

Beta

1.11

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Aurelio Aleman Biography and Net Worth

What is Aurelio Aleman's net worth?

How old is Aurelio Aleman?

What is Aurelio Aleman's salary?

How do I contact Aurelio Aleman?

Has Aurelio Aleman been buying or selling shares of First BanCorp.?

Who are First BanCorp.'s active insiders?

Are insiders buying or selling shares of First BanCorp.?