Carlos Power Biography and Net Worth

EVP of Consumer Lending Business of First BanCorp.

Executive Vice President of Consumer Lending Business since 2007, responsible for Consumer Banking, Auto/Leasing Finance, Collections, First Federal Finance Limited Liability Company, d/b/a Money Express and the Credit Cards business. Over 30 years of experience at FirstBank in Puerto Rico, which include the following positions: Senior Vice President and Consumer Lending Business Director from 2007 to 2013; Senior Vice President and President of First Federal Finance Limited Liability Company d/b/a Money Express from 2000 to 2007; Vice President of Auto Finance Operations from 1990 to 2000; Accounting Officer in Consumer Lending Business from 1986 to 1989. Director of First Federal Finance Limited Liability Company d/b/a Money Express and First Express, Inc.

What is Carlos Power's net worth?: The estimated net worth of Carlos Power is at least $3.62 million as of February 5th, 2025. Mr. Power owns 186,543 shares of First BanCorp. stock worth more than $3,620,800 as of March 26th. This net worth approximation does not reflect any other assets that Mr. Power may own. Learn More about Carlos Power's net worth.
How do I contact Carlos Power?: The corporate mailing address for Mr. Power 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 john.pelling@firstbankpr.com. Learn More on Carlos Power's contact information.
Has Carlos Power been buying or selling shares of First BanCorp.?: During the past quarter, Carlos Power has sold $1,165,364.44 in shares of First BanCorp. stock. Most recently, Carlos Power sold 10,321 shares of the business's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $20.75, for a transaction totalling $214,160.75. Following the completion of the sale, the executive vice president now directly owns 176,222 shares of the company's stock, valued at $3,656,606.50. Learn More on Carlos Power'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 9 times. They sold a total of 243,847 shares worth more than $4,924,219.33. The most recent insider tranaction occured on February, 7th when EVP Carlos Power sold 10,321 shares worth more than $214,160.75. 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 2/7/2025.

Carlos Power Insider Trading History at First BanCorp.

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/7/2025	Sell	10,321	$20.75	$214,160.75	176,222
2/5/2025	Sell	45,797	$20.77	$951,203.69	186,543
7/30/2024	Sell	22,896	$21.53	$492,950.88	232,340
5/28/2024	Sell	5,277	$18.01	$95,038.77	255,236
12/15/2023	Sell	9,433	$16.50	$155,644.50	246,793

Carlos Power 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: $19.41

$19.16

$19.61

50 Day Range

MA: $19.60

$17.44

$21.09

2 Week Range

Now: $19.41

$16.25

$22.40

Volume

1,244,021 shs

Average Volume

962,585 shs

Market Capitalization

$3.18 billion

P/E Ratio

10.72

Dividend Yield

3.92%

Beta

1.12