Roberto R.  Herencia net worth and biography

Roberto Herencia Biography and Net Worth

Director of First BanCorp.
Roberto R. Herencia serves as Independent Chairman of the Board of the Company. President and CEO of BXM Holdings, an investment fund specializing in community bank investments, since October 2010. Between 2009 and 2010, President and CEO of Midwest Banc Holdings, Inc. for which a plan of liquidation was confirmed on June 1, 2011, and its subsidiary Midwest Bank and Trust. Previously, he spent 17 years with Popular Inc. (NASDAQ: BPOP) as its Executive Vice President and as President of Popular Inc.’s subsidiary Banco Popular North America. Prior to joining Popular, Mr. Herencia spent 10 years with The First National Bank of Chicago, now J.P. Morgan Chase (NYSE: JPM), in a variety of roles, including Deputy Senior Credit Officer and Head of the Emerging Markets Division. In March 2016, Mr. Herencia was appointed as an independent director of Banner Corporation (NASDAQ: BANR) and its subsidiary Banner Bank. He has been an independent director and the chairman of the board of Byline Bancorp (NYSE: BY) and its subsidiary Byline Bank since June 2013. Mr. Herencia served from December 2010 until September 2015, as an independent director of privately held SKBHC Holdings LLC, and its two subsidiary banks, AmericanWest Bank and First National Bank of Starbuck. Mr. Herencia serves on the Board of Directors of the Overseas Private Investment Corporation (OPIC), an agency of the U.S. Government, following his appointment by President Obama and confirmation by the U.S. Senate in 2011, and re-nomination in April 2013. Mr. Herencia is a Trustee of DePaul University and the Northwestern Memorial Foundation in Chicago. He serves on the Board of Directors of Junior Achievement of Chicago and Operation Hope in Los Angeles. Between 2003 and 2007, Mr. Herencia was a member of the Board of Directors of The ServiceMaster Company (NYSE: SVM), where he served as Chairman of its Audit and Finance Committee and designated financial expert.

What is Roberto R. Herencia's net worth?

The estimated net worth of Roberto R. Herencia is at least $270,646.12 as of June 13th, 2023. Mr. Herencia owns 12,839 shares of First BanCorp. stock worth more than $270,646 as of November 21st. This net worth estimate does not reflect any other investments that Mr. Herencia may own. Learn More about Roberto R. Herencia's net worth.

How do I contact Roberto R. Herencia?

The corporate mailing address for Mr. Herencia 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 Roberto R. Herencia's contact information.

Has Roberto R. Herencia been buying or selling shares of First BanCorp.?

Roberto R. Herencia has not been actively trading shares of First BanCorp. in the last ninety days. Most recently, Roberto R. Herencia sold 100,000 shares of the business's stock in a transaction on Tuesday, May 17th. The shares were sold at an average price of $14.11, for a transaction totalling $1,411,000.00. Following the completion of the sale, the director now directly owns 732,484 shares of the company's stock, valued at $10,335,349.24. Learn More on Roberto R. Herencia'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.

Roberto R. Herencia Insider Trading History at First BanCorp.

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/17/2022Sell100,000$14.11$1,411,000.00732,484View SEC Filing Icon  
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Roberto R. Herencia Buying and Selling Activity at First BanCorp.

This chart shows Roberto R Herencia's buying and selling at First BanCorp. by year and by quarter.

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First BanCorp. Company Overview

First BanCorp. logo
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.
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Today's Range

Now: $21.08
Low: $20.71
High: $21.21

50 Day Range

MA: $20.46
Low: $18.88
High: $22.20

2 Week Range

Now: $21.08
Low: $14.72
High: $22.40

Volume

240,574 shs

Average Volume

1,035,293 shs

Market Capitalization

$3.45 billion

P/E Ratio

11.65

Dividend Yield

3.12%

Beta

1.11