On the Record · First Bancorp
First Bancorp acquisitions, on the record
The businesses First Bancorp bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Banco Santander Puerto Rico ("BSPR")Word for word“In connection with the BSPR acquisition on September 1, 2020, the Corporation recognized acquisition expenses of $ 26.4 million during the year ended December 31, 2021.” 10-K for 2023 | acquisition | September 1, 2020 | — |
Banco Santander Puerto RicoWord for word“The Corporation maintains two frozen qualified noncontributory defined benefit pension plans (the “Pension Plans”), and a related complementary post-retirement benefit plan (the “Postretirement Benefit Plan”) covering medical benefits and life insurance after retirement that it obtained in the BSPR acquisition on September 1, 2020.” 10-K for 2024 | acquisition | September 1, 2020 | — |
| Fiscal year ended | Goodwill from acquisitions |
|---|---|
| 2020-12-31 | $6.3 million |
Deal filings since 2016
- 2026-07-22 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-09-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-10-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from First Bancorp’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.