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FIRST BANCORP (FBP) Executive Pay versus Performance: Pay versus Performance

FIRST BANCORP Pay versus Performance

The Pay versus Performance table from each proxy statement (Item 402(v)), as tagged in its XBRL, newest proxy first. Each proxy's own figures are kept, so a year restated in a later proxy appears once per proxy. PEO is the principal executive officer; NEO means the other named executive officers (average). Total shareholder return is the value of a $100 investment.

  • 2025-12-31: PEO Aurelio Alemán; PEO total compensation $5.03M; PEO compensation actually paid $5.88M; Other NEO average total compensation $1.35M.
  • 2024-12-31: PEO Aurelio Alemán; PEO total compensation $4.77M; PEO compensation actually paid $5.68M; Other NEO average total compensation $1.32M.
  • 2023-12-31: PEO Aurelio Alemán; PEO total compensation $4.08M; PEO compensation actually paid $5.38M; Other NEO average total compensation $1.22M.
  • 2022-12-31: PEO Aurelio Alemán; PEO total compensation $3.77M; PEO compensation actually paid $3.33M; Other NEO average total compensation $1.17M.
Fiscal year endPEOPEO total compensationPEO compensation actually paidOther NEO average total compensationOther NEO average compensation actually paidTotal shareholder returnPeer group total shareholder returnNet incomeCompany-selected measureProxy filed
2025-12-31Aurelio Alemán$5.03M$5.88M$1.35M$1.54M$266.00$213.00$344.90Mpre-tax, pre-provision income
$499.20M
2026-03-25
2024-12-31Aurelio Alemán$4.77M$5.68M$1.32M$1.55M$206.00$143.00$298.70M$451.10M2026-03-25
2023-12-31Aurelio Alemán$4.08M$5.38M$1.22M$1.53M$176.00$106.00$302.90M$459.50M2026-03-25
2022-12-31Aurelio Alemán$3.77M$3.33M$1.17M$1.09M$131.00$97.00$305.10M$475.30M2026-03-25
2021-12-31Aurelio Alemán$4.18M$7.42M$1.14M$1.73M$137.00$118.00$281.00M$391.50M2026-03-25
2024-12-31Aurelio Alemán$4.77M$5.68M$1.32M$1.55M$206.00$164.00$298.70Mpre-tax, pre-provision income
$451.10M
2025-04-08
2023-12-31Aurelio Alemán$4.08M$5.38M$1.22M$1.53M$176.00$106.00$302.90M$459.50M2025-04-08
2022-12-31Aurelio Alemán$3.77M$3.33M$1.17M$1.09M$131.00$97.00$305.10M$475.30M2025-04-08
2021-12-31Aurelio Alemán$4.18M$7.42M$1.14M$1.73M$137.00$118.00$281.00M$391.50M2025-04-08
2020-12-31Aurelio Alemán$3.64M$5.23M$1.35M$1.57M$90.00$87.00$102.30M$299.80M2025-04-08
2023-12-31Aurelio Alemán$4.08M$5.20M$1.22M$1.49M$176.00$106.00$302.90MPre-tax, pre-provision income
$459.50M
2024-04-08
2022-12-31Aurelio Alemán$3.77M$3.33M$1.17M$1.09M$131.00$97.00$305.10M$475.30M2024-04-08
2021-12-31Aurelio Alemán$4.18M$7.42M$1.14M$1.73M$137.00$118.00$281.00M$391.50M2024-04-08
2020-12-31Aurelio Alemán$3.64M$5.23M$1.35M$1.57M$90.00$87.00$102.30M$299.80M2024-04-08
2022-12-31Aurelio Alemán$3.77M$3.33M$1.17M$1.09M$131.00$97.00$305.10MPre-Tax, Pre-Provision Income
$475.30M
2023-04-05
2021-12-31Aurelio Alemán$4.18M$7.42M$1.14M$1.73M$137.00$118.00$281.00M$391.50M2023-04-05
2020-12-31Aurelio Alemán$3.64M$5.23M$1.35M$1.57M$90.00$87.00$102.30M$299.80M2023-04-05

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