How many employees work at First BanCorp?
First BanCorp (Puerto Rico) (FBP) has approximately 2,880 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. First BanCorp's total headcount has grown 0.4% from 2,869 employees in 2023 to 2,880 in 2025.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026
Is First BanCorp hiring right now?
Yes, First BanCorp is actively hiring. First BanCorp had 96 active job postings in 2025, a 11.0% increase from 2024 — see job openings & hiring trends.
About First BanCorp's Workforce
First BanCorp (Puerto Rico) is a Financial Services company that employs 2,880 people worldwide as of December 2025. It is the 7th-largest by headcount among its peers. Founded in 1948, the company is headquartered in San Juan, Puerto Rico and trades on the New York Stock Exchange.
First BanCorp's workforce has held roughly steady from 2023 to 2025, up 0.6% year over year in 2025. Its workforce is concentrated most in Puerto Rico (79.5%), followed by the United States (13.7%) and Nigeria (2.5%), with Puerto Rico, its fastest-growing location, up 0.9%.
First BanCorp's largest functional groups are Finance and Operations (51.2%), Engineering (27.9%), and Sales and Marketing (21.0%), with Engineering growing fastest (up 1.3%). Median employee tenure is 5.9 years. The average salary is $56,311, ranging from a median of $75,000 in Northern America to $10,000 in Eastern Europe.
First BanCorp's active job postings rose 11.0% in 2025 to 96, with new postings per month climbing from 35 in 2023 to 69 in 2025. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
As of December 2025
First BanCorp
workforce metrics
Headcount
2.9k
0.6% YoY
Avg. Salary
$56.3k
0.6% YoY
Tenure
5.9yr
0.2yr YoY
Growth Rate
0.6%
1.4pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for First BanCorp. Compare to peers, export the dataset, and access the full quarterly history.
- First BanCorp had 2,880 employees in 2025, a 0.6% increase (+17) from 2024.
- First BanCorp had 2,863 employees in 2024, a 0.8% decline (-22) from 2023.
- First BanCorp had 2,885 employees in 2023, a 1.0% increase (+29) from 2022.
First BanCorp's total workforce has grown from 2,863 employees in 2024 to 2,880 in 2025. First BanCorp's headcount peaked at 2,906 in 2024 before declining in 2024 and recovering through 2025.
First BanCorp (Puerto Rico) — quarterly employee count (2023–2025)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2025 | Q4 | 2,880 | +17 | +0.6% |
| 2025 | Q3 | 2,896 | +20 | +0.7% |
| 2025 | Q2 | 2,885 | -21 | -0.7% |
| 2025 | Q1 | 2,867 | -7 | -0.2% |
| 2024 | Q4 | 2,863 | -22 | -0.8% |
| 2024 | Q3 | 2,876 | -5 | -0.2% |
| 2024 | Q2 | 2,906 | +15 | +0.5% |
| 2024 | Q1 | 2,874 | +5 | +0.2% |
| 2023 | Q4 | 2,885 | +29 | +1.0% |
| 2023 | Q3 | 2,881 | +3 | +0.1% |
| 2023 | Q2 | 2,891 | +22 | +0.8% |
| 2023 | Q1 | 2,869 | +32 | +1.1% |
Want to see First BanCorp's complete headcount history back to 2017, including quarterly breakdowns?
Puerto Rico accounts for the largest share of First BanCorp's global workforce with approximately 80% of total employees, followed by the United States and Nigeria. First BanCorp's headcount in Puerto Rico is growing fastest among its major locations, up 0.9% year over year in 2025.
First BanCorp employees by country — 2025
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Puerto Rico | 2,268 | 79.5% | +0.9% |
| United States | 390 | 13.7% | -0.2% |
| Nigeria | 71 | 2.5% | -2.3% |
| Virgin Islands (US) | 65 | 2.3% | -9.1% |
| Virgin Islands (UK) | 16 | 0.6% | +0.0% |
| Uruguay | 7 | 0.2% | +0.0% |
| Chile | 3 | 0.1% | +0.0% |
| Spain | 3 | 0.1% | +0.0% |
| Romania | 3 | 0.1% | -50.4% |
| Taiwan | 3 | 0.1% | -39.7% |
Drill into city-level data, hiring trends by region and historic geographic shifts
First BanCorp's largest employee groups are Finance and Operations (51.2%), Engineering (27.9%), and Sales and Marketing (21.0%).
First BanCorp employees by department — 2025
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 1,469 | 51.2% | -0.3% |
| Engineering | 800 | 27.9% | +1.3% |
| Sales and Marketing | 602 | 21.0% | +0.3% |
Compare First BanCorp's department mix to industry peers.
First BanCorp's average employee salary is $56,311 globally. Employees in Northern America receive the highest compensation, with median pay approximately 1.3x the global average. Pay is lowest in Eastern Europe, at a median of $10,000.
First BanCorp median employee salary by region — 2025 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $75,000 |
| Central America and the Caribbean | $44,000 |
| Eastern Asia | $13,000 |
| Southern America | $11,000 |
| Eastern Europe | $10,000 |
| Sub-Saharan Africa | $10,000 |
Unlock salary by role, level, and city — and compare to First BanCorp's industry peers.
- First BanCorp had 96 active job postings in 2025, a 11.0% increase (+10) from 2024.
- First BanCorp had 86 active job postings in 2024, a 40.6% increase (+29) from 2023.
- First BanCorp had 57 active job postings in 2023, a 32.7% increase from 2022.
- Hiring velocity in 2025: 69 new roles/month, down from 79 in 2024 and 35 in 2023. New metric
First BanCorp's hiring is accelerating: active job postings rose 11.0% in 2025 to 96, with new postings per month climbing from 35 in 2023 to 69 in 2025.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across First BanCorp's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2025.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Financial Services Companies by Employee Count
- How fast is First BanCorp growing?
- In 2025, First BanCorp's headcount grew 0.6% to 2,880 employees, up from 2,863 in 2024.
- Where are First BanCorp employees located?
- Most First BanCorp employees are based in Puerto Rico (79.5% of headcount), followed by the United States and Nigeria.
- What is the average salary at First BanCorp?
- The average employee salary at First BanCorp is approximately $56.3k per year.
- How many people does First BanCorp hire per year?
- In 2025, First BanCorp opened roughly 828 new roles — about 69 per month.
- When was First BanCorp founded and where is it headquartered?
- First BanCorp was founded in 1948 and is headquartered in San Juan, Puerto Rico.
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