FIRST BANCORP /PR/ — Investor Presentation 2010

May 5, 2010

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

Form 8-K

Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

xbrl,dc Date of Report (Date of Earliest Event Reported): May 5, 2010 /xbrl,dc

FIRST BANCORP.

(Exact Name of Registrant as Specified in its Charter)

001-14793 (Commission File Number)

Puerto Rico	66-0561882
(State or Other Jurisdiction of Incorporation)	(I.R.S. Employer Identification No.)

1519 Ponce de Leon San Juan, Puerto Rico 00908-0146 (Address of Principal Executive Offices) (Zip Code)

(787) 729 8200 (Registrant’s Telephone Number, including Area Code)

Not applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17CFR240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17CFR240.13e-4(c))

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TOC /TOC link1 "ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION"

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

Information about First BanCorp’s financial condition as of March 31, 2010 is incorporated by reference herein from the investors presentation attached hereto as Exhibit 99.1.

link1 "ITEM 7.01 REGULATION FD DISCLOSURE"

ITEM 7.01 REGULATION FD DISCLOSURE

The executive officers of First BanCorp intend to use the materials filed herewith, in whole or in part, in one or more meetings with investors and analysts. A copy of the investors presentation is attached hereto as Exhibit 99.1.

First BanCorp does not intend for this Item 7.01 or Exhibit 99.1 to be treated as “filed” for purposes of the Securities Exchange Act of 1934, as amended, or incorporated by reference into its filings under the Securities Act of 1933, as amended.

link1 "ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS"

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(a) Exhibits

Exhibit No.	Description
99.1	Investors Presentation dated May 5, 2010

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link1 "SIGNATURE"

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 05, 2010
By:	/s/ Orlando Berges
Name:	Orlando Berges
Title:	Executive Vice President and Chief
	Financial Officer

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link1 "Exhibit Index"

Exhibit Index

Exhibit No.	Description
99.1	Investors Presentation dated May 5, 2010

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