FirstBank Puerto Rico: how it compares with its peers
Against 109 U.S. banks with half to twice its assets, FirstBank Puerto Rico's strongest measure in Q2 2026 is net interest margin (4.90% vs. a 3.68% peer median). Its weakest relative measure is assets per employee ($6.1M vs. $11.4M).
| Measure | FirstBank Puerto Rico | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.89% | 1.23% | Top third Ahead of 88% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.90% | 3.68% | Top third Ahead of 91% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 49.07% | 55.14% | Top third Ahead of 69% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.1M | $11.4M | Bottom third Ahead of 3% of peers |
| Loans to deposits Net loans and leases over total deposits. | 77.08% | 86.01% | Context |
What it means for lending operations
Its efficiency ratio of 49.07% is better than the 55.14% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Trustmark Bank Jackson, MS · $19.19B
- Bank of Hope Los Angeles, CA · $18.99B
- Stifel Bank and Trust Saint Louis, MO · $19.62B
- Apple Bank New York, NY · $19.89B
- ServisFirst Bank Birmingham, AL · $18.34B
- Busey Bank Champaign, IL · $18.15B
Questions about FirstBank Puerto Rico
How big is FirstBank Puerto Rico?
FirstBank Puerto Rico, established in 1949, is headquartered in Santurce, PR. It reported $19.22B in total assets in its Q2 2026 FDIC call report and operates 74 offices.
What is FirstBank Puerto Rico's return on assets?
1.89% annualized in Q2 2026, against a 1.23% median for 109 U.S. banks with half to twice its assets, ahead of 88% of them.
What is FirstBank Puerto Rico's efficiency ratio?
49.07% in Q2 2026: it spent about 49 cents in noninterest expense for each dollar of revenue. The peer median is 55.14%, and lower is better.
Is FirstBank Puerto Rico growing its loans?
Net loans grew 3.1% over the year to Q2 2026, while deposits grew 1.8%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank.