Exhibit 99.2

Financial Results4Q 2022 and Full Year 2022

Forward Looking Statements This press release may contain “forward-looking statements” concerning the Corporation’s future economic, operational and financial performance. The words or phrases “expect,” “anticipate,” “intend,” “should,” “would,” “will,” “plans,” “forecast,” “believe” and similar expressions are meant to identify “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created by such sections. The Corporation cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date hereof, and advises readers that any such forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates and assumptions by us that are difficult to predict. Various factors, some of which are beyond our control, including, but not limited to, the uncertainties more fully discussed in Part I, Item 1A, “Risk Factors” of the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2021 and the following, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements: the impacts of rising interest rates and inflation on the Corporation, including a decrease in demand for new loan originations and refinancings, increased competition for borrowers, attrition in deposits and an increase in non-interest expenses which would impact the Corporation’s margins and may adversely impact origination volumes and financial performance; the long-term effects of the COVID-19 pandemic and their impact on the Corporation’s business, operations and financial condition, including the impact of any residual risks related to the Corporation’s participation in the SBA PPP; adverse changes in general economic conditions in Puerto Rico, the U.S., and the U.S. and British Virgin Islands, including in the interest rate environment, unemployment rates, market liquidity, housing absorption rates, real estate markets and U.S. capital markets, which may affect funding sources, loan portfolio performance and credit quality, market prices of investment securities and demand for the Corporation’s products and services, and which may reduce the Corporation’s revenues and earnings and the value and credit quality of the Corporation’s assets; the Corporation’s ability to identify and prevent cyber-security incidents, such as data security breaches, ransomware, malware, “denial of service” attacks, “hacking,” identity theft and state-sponsored cyberthreats, and the occurrence of any, which may result in misuse or misappropriation of confidential or proprietary information, disruption or damage to our systems, increased costs and losses or an adverse effect to our reputation; general competitive factors, industry consolidation and other market risks as well as the implementation of strategic growth opportunities, including risks, uncertainties and other factors or events related to any business acquisitions or dispositions; uncertainty as to the ultimate outcome of the debt restructuring plan of Puerto Rico (“Plan of Adjustment” or “PoA”) and 2022 Fiscal Plan for Puerto Rico as certified by the Financial Oversight and Management Board for Puerto Rico, or any revisions to it, on our clients and loan portfolios, and any potential impacts of future economic or political developments in Puerto Rico; the impact of government financial assistance for hurricane recovery and other disaster relief on economic activity in Puerto Rico; uncertainty as to the availability of wholesale funding sources, such as securities sold under agreements to repurchase, advances from the Federal Home Loan Bank (“FHLB”) and brokered CDs; the impact of changes in accounting standards or assumptions in applying those standards on forecasts of economic variables considered for the determination of the ACL; the ability of FirstBank to realize the benefits of its net deferred tax assets; the ability of FirstBank to generate sufficient cash flow to make dividend payments to the Corporation; the impacts of natural or man-made disasters, widespread health emergencies, geopolitical conflicts (including the ongoing conflict in Ukraine), terrorist attacks or other catastrophic external events, including impacts of such events on general economic conditions and on the Company’s assumptions regarding forecasts of economic variables; the effect of changes in the interest rate environment, including uncertainty about the effect of the cessation of the London Interbank Offered Rate; any adverse change in the Corporation’s ability to attract and retain clients and gain acceptance from current and prospective customers for new products and services, including those related to the offering of digital banking and financial services; the risk that additional portions of the unrealized losses in the Corporation’s debt securities portfolio are determined to be credit-related, resulting in additional charges to the provision for credit losses on the Corporation’s available-for-sale debt securities portfolio; the impacts of applicable legislative, tax or regulatory changes on the Corporation’s financial condition or performance; the effect of changes in the fiscal and monetary policies and regulations of the U.S. federal government and the Puerto Rico and other governments, including those determined by the Federal Reserve Board, the Federal Reserve Bank of New York, the Federal Deposit Insurance Corporation (the “FDIC”), government-sponsored housing agencies and regulators in Puerto Rico and the U.S. and British Virgin Islands; the risk of possible failure or circumvention of the Corporation’s internal controls and procedures and the risk that the Corporation’s risk management policies may not be adequate; the risk that the FDIC may further increase the deposit insurance premium and/or require special assessments, causing an additional increase in the Corporation’s non-interest expenses; any need to recognize impairments on the Corporation’s financial instruments, goodwill and other intangible assets; the risk that the impact of the occurrence of any of these uncertainties on the Corporation’s capital would preclude further growth of FirstBank and preclude the Corporation’s Board of Directors from declaring dividends; and uncertainty as to whether FirstBank will be able to continue to satisfy its regulators regarding, among other things, its asset quality, liquidity plans, maintenance of capital levels and compliance with applicable laws, regulations and related requirements. The Corporation does not undertake, and specifically disclaims any obligation to update any “forward-looking statements” to reflect occurrences or unanticipated events or circumstances after the date of such statements, except as required by the federal securities laws. Non-GAAP Financial Measures In addition to the Corporation’s financial information presented in accordance with GAAP, management uses certain “non-GAAP” financial measures” within the meaning of Regulation G promulgated by the SEC, to clarify and enhance understanding of past performance and prospects for the future. Please refer to pages 17-19 for a reconciliation of GAAP to non-GAAP measures and calculations.

Agenda 4Q 2022 Quarter Highlights Aurelio Alemán, President and Chief Executive Officer 4Q 2022 Results of Operations Orlando Berges, Executive Vice President and Chief Financial Officer Questions and Answers

Fourth Quarter 2022Performance Highlights Profitability Net income of $73.2 million ($0.40 per diluted share), compared to $74.6 million ($0.40 per diluted share) in 3Q 2022 On a non-GAAP basis, adjusted pre-tax, pre-provision income of $122.2 million, compared to $122.4 million in 3Q 2022 Net interest income decreased to $205.6 million, compared to $207.9 million in 3Q 2022; margin expanded by 6 bps to 4.37% Provision for credit losses of $15.7 million, compared to $15.8 million in 3Q 2022 Non-performing assets (NPA) decreased by $14.1 million to $129.2 million as of 4Q 2022, compared to $143.3 million as of 3Q 2022; NPAs stand at 0.69% of total assets The ratio of the ACL for loans and finance leases to total loans held for investment was 2.25% as of 4Q 2022 compared to 2.28% as of 3Q 2022 Asset Quality Continued to return capital to shareholders demonstrating the strength of our balance sheet and our commitment to increasing shareholder value Executed $50 million in common stock repurchases during 4Q 2022; repurchased approximately $275 million in shares of common stock during 2022 Ample capital position with a Common Equity Tier-1 ratio of 16.5% in 4Q 2022 Capital

Fourth Quarter 2022balance Sheet Metrics – Loans and Deposits Total loans grew by $254.3 million to $11.6 billion driven by increases of $130.2 million in commercial and construction loans, $107.7 million in consumer loans, and $16.4 million in residential mortgage loans Commercial and construction loans, excluding a $11.1 million reduction in Small Business Administration Paycheck Protection Program (“PPP”) loans, increased by $141.3 million Loan originations (other than credit card utilization activity) amounted to $1.3 billion, a net increase of $191.4 million during the quarter mainly related to higher commercial and construction loan originations Deposits (net of brokered CDs and government deposits) decreased by $314.9 million to $13.3 billion as of 4Q 2022 Loan Originations include refinancing and renewals, as well as credit card utilization activity Core Deposits exclude brokered CDs Loan Portfolio ($MM) Loan Originations ($MM)1 Commercial (Ex. PPP) $35 $115 $12 4Q 2021 $139 $90 $145 $28 $49 $112 1Q 2022 $23 2Q 2022 $11,229 $124 3Q 2022 Loans HFS $18 Consumer $7 Construction Residential $11,565 PPP $11,096 $11,126 $12 $11,311 4Q 2022 $133 2Q 2022 $47 $1,431 1Q 2022 Credit Cards $32 $24 $20 4Q 2021 $22 3Q 2022 Consumer Residential $1,441 Construction $1,245 Commercial $1,187 $1,484 4Q 2022 Core Deposits ($MM)2 4Q 2022 Key Highlights CDs & IRAs Commercial 4Q 2021 1Q 2022 2Q 2022 Public Funds 3Q 2022 Retail $17,684 $17,250 $17,066 $16,524 4Q 2022 $16,038

Full Year 2022 - Profitably Growing Our Franchise 2022 - Strong Corporate Performance Value Driven Capital Allocation LOAN PORTFOLIO Overall loan portfolio growth of $469 million, up 4% vs 2021 Excluding SBA-PPP loans and strategic reduction of residential mortgages, loan portfolio grew by $762 million or 10% vs. 2021 Earned $305 million in GAAP net income, up 9% vs 2021, and achieved a record pre-tax pre-provision income of $475 million, up 21% vs. 2021 Prudent expense management evidenced by historic low efficiency ratio of 48.3% Reached a decade-low non-performing asset ratio of 0.69% 2021 2022 +4% PRE-TAX PRE-PROVISION INCOME 2022 2021 +21% EFFICIENCY RATIO (%) 2021 2022 +9.2% NON-PERFORMING ASSETS (%) 2021 2022 +0.07% $ Millions $ Millions Continued to execute on capital deployment program; repurchased $275 million in shares of common stock during 2022 Returned 119% of 2022 earnings to shareholders through stock buybacks and payment of common stock dividends $125 million in share repurchases left under the announced $350 million stock repurchase program Ample capital position to continue growing franchise and delivering value to shareholders CAPITAL RETURN AS % OF EARNINGS 2021 2022 COMMON EQUITY TIER-1 RATIO (%) 2021 2022

Operating Environment and Franchise Highlights Uncertain global macro mitigated by strong tailwinds in Puerto Rico Steady improvement in labor market dynamics; payroll employment reaching decade high in November 2022; up 3.8% year-over-year and 5% vs March 2020 1 Economic Activity Index sustaining upward trend albeit at a slower pace; 3Q 2022 print 0.8% above same quarter last year Remaining obligated disaster recovery funding (~$45 billion); over $3.2 billion in disaster relief funds were disbursed in 2022 (96% above the same period in 2021)1 1Q20 2Q20 3Q21 3Q22 1Q22 2Q22 3Q20 YoY Change 2019 2017 2018 2020 2021 2022 750 900 800 850 COVID-19 Hurricane María TOTAL NONFARM PAYROLL EMPLOYMENT (000s) PR ECONOMIC ACTIVITY INDEX (EAI) DISASTER RELIEF FUNDS DISBURSED PER YEAR - $BN(1)(2)(3) $3,191 2021 2022 $1,624 $0.7(23%) $2.2(68%) $0.3(9%) FEMA HUD (CDBG) Other (1) Data presented for 2022 is based on the 11-month period ended November 30, 2022 (2) Data presented for 2022 includes $694.3 million related to Hurricane Fiona (3) Source: Recovery Support Function Leadership Group (RSFLG) - https://recovery.fema.gov/rsflg-monthly-data Progress on omnichannel strategy 2 Digital engagement continued to improve with Retail Digital Banking registered users growing by 3.5% during the fourth quarter and 16.7% year-over-year Improved gradual adoption of recently launched mobile Business Digital Banking application; registered users up 116% during the year Business Digital Lending functionality improving penetration to small/medium business segment and SBA-related credits Captured 41% of all deposit transactions through digital and self-service channels Executed on additional branch rationalization opportunities during 4Q 2022 Franchise highlights 3 Selected as “Bank of the Year 2022 – Puerto Rico” by The Financial Times’ The Banker magazine Strong earnings generation capacity with pre-tax pre-provision income of $122.2 million, up 16.5% vs. 4Q 2021; strong expense management culture with lowest efficiency ratio among peers Executed $50 million in common stock repurchases during 4Q 2022 Ongoing investment in multiple capital projects to enhance organizational efficiency, service delivery, and product offerings

Results of Operations

Fourth Quarter 2022 HighlightsDiscussion of Results Income Statement Selected Financial Data

Fourth Quarter 2022 HighlightsProfitability Dynamics Net Interest Income ($MM) Non-Interest Income ($MM) 4.00% 3Q22 3.81% 4Q21 3.61% 2Q22 1Q22 4.31% 4Q22 4.37% Net Interest Income ($) Net Interest Margin (GAAP %) Net interest income amounted to $205.6 million, a decrease of $2.3 million when compared to 3Q 2022 primarily due to: A $13.1 million increase in interest expense driven by higher rates paid on interest-bearing deposits and on new borrowings executed during 4Q 2022, offset by an overall reduction in average balances of interest-bearing deposits A $1.2 million decrease in interest income from lower interest-bearing cash balances Partially offset by a $12.6 million increase in interest income; $8.2 million related to the upward repricing of floating rate commercial and construction loans and $3.7 million mostly related to higher average consumer loan balances Net interest margin expanded to 4.37% compared to 4.31% in 3Q 2022 mainly due to a change in asset mix to higher yielding earning assets, partially offset by higher cost of funds 4Q21 $30.4 3Q22 2Q22 1Q22 $32.9 $30.9 $29.7 4Q22 $29.6 $2.6 Other Service Charges on Deposits Mortgage Banking Non-interest income decreased by $0.1 million to $29.6 million for the fourth quarter of 2022, compared to $29.7 million for the third quarter of 2022 mainly due to: A net reduction of $0.8 million in mortgage banking revenues due to an increase in mark-to-market losses associated with TBA MBS forward contracts $0.6 million decrease in service charges and fees on deposit accounts, mainly associated to a $0.7 million adjustment to reverse previously recognized fees on non-sufficient funds as part of changes in the fees structure Partially offset by a $0.8 million increase in transactional fee income due to seasonality and a $0.3 million increase in insurance commission income

Fourth Quarter 2022 HighlightsProfitability Dynamics 85 -5 0 60 65 70 75 80 120 100 105 95 115 90 110 $0.0 3Q22 $111.5 $106.7 $108.3 $115.2 4Q22 $112.9 $61.8 $0.0 $1.9 $0.2 $56.9 -$0.8 -$0.4 $0.0 $57.4 1Q22 $60.7 2Q22 $0.2 $0.0 4Q21 $62.1 -$1.1 Credit Related Merger Related Payroll Related Other Operating Expenses Non-interest expenses amounted to $112.9 million in 4Q 2022, a decrease of $2.3 million from 3Q 2022; the decrease reflects the following variances: A $1.5 million increase in net gains on OREO operations, a $0.7 million decrease in occupancy and equipment costs and a $0.7 million decrease in payroll expenses Partially offset by a net increase of $0.5 million in business promotion expenses related to sponsorship and public relations activities Non-Interest Expenses ($MM) 4Q 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 Efficiency Ratio (%) Efficiency ratio decreased during the quarter reaching 48.0% from 48.5% last quarter We expect our efficiency ratio to gradually increase during the year as we continue with the execution of our technology and facilities capital projects, conduct our normal annual compensation adjustments, and register a normalization of OREO disposition trends; not exceeding our operating target of 52%

Fourth Quarter 2022 Highlightsasset Quality Non-Performing Assets ($ in Millions) 0.76% 0.76% 4Q21 0.79% 1Q22 3Q22 2Q22 0.78% 0.69% 4Q22 $158 $156 $147 $143 $129 Repossessed Assets and Other Loans HFI NPAs/Assets $3 3Q 2022 4Q 2022 4Q 2021 $2 $2 $3 2Q 2022 1Q 2022 $2 $158 $156 $147 $129 $143 Commercial Repossessed Assets and Other Consumer Residential Construction Total non-performing assets decreased by $14 million to $129 million as of 4Q 2022 or 0.69% of total assets The decrease in NPAs was primarily driven by: A $9.3 million decrease in nonaccrual commercial and construction loans mainly related to a $5.2 million commercial and industrial loan restored to accrual status and a $1.2 million collection of a commercial and industrial loan during the fourth quarter A $7.1 million decrease in the OREO portfolio balance, mainly related to sales of residential properties in the Puerto Rico region A $0.2 million decrease in nonaccrual residential mortgage loans, mainly related to $3.0 million of loans restored to accrual status, $1.6 million in collections, and $1.3 million in loans transferred to OREO, partially offset by inflows of $5.8 million Partially offset by a $1.9 million increase in nonaccrual consumer loans, associated with the overall portfolio growth Inflows to nonaccrual loans held for investment were $24.1 million, a $3.8 million increase compared to inflows of $20.3 million in the third quarter of 2022, mostly in the consumer portfolios related to the growth in the portfolios

Fourth Quarter 2022 HighlightsACL Levels and Capital Position Total stockholders’ equity amounted to $1.3 billion as of 4Q 2022, an increase of $60.2 million from 3Q 2022; increase was driven by: Earnings generated during 4Q 2022 and a $60.1 million increase in the fair value of available-for-sale debt securities due to changes in market rates recognized as part of accumulated other comprehensive loss Partially offset by the repurchase of 3.5 million shares of common stock for a total purchase price of $50 million and the payment of $22.2 million in quarterly dividends declared to common stockholders As of 4Q 2022, capital ratios exceeded the required regulatory levels for bank holding companies and well-capitalized banks Evolution of ACL ($ in Millions) and ACL on Loans to Total Loans (%) Capital Ratios (%) 1.7% $8 $260 $248 2019 Day-1 CECL $271 2.5% $155 4Q 21 2.3% 2.6% $280 2.2% 1Q 22 4Q 22 $0 $264 $0 2.3% 2Q 22 $9 $4 3Q 22 $4 $9 2.3% $273 Debt Securities Off-BS Credit Exposure Loans ACL on Loans/Loans The allowance for credit losses (ACL) on loans and leases increased by $2.6 million during 4Q 2022 to $260 million The ratio of the ACL for loans and finance leases to total loans held for investment was 2.25% as of 4Q 2022, compared to 2.28% as of 3Q 2022 4Q 2021 4Q 2022 1Q 2022 10.4 2Q 2022 10.1 3Q 2022 10.2 10.4 10.7 Total Risk-Based Capital Tier-1 Common Leverage Tier-1 Capital Tangible Common

Exhibits

Fourth Quarter 2022 HighlightsPuerto Rico Government Exposure As of 4Q 2022, the Corporation had $338.9 million of direct exposure to the Puerto Rico Government, its municipalities and public corporations, compared to $327.2 million as of 3Q 2022 88% of direct government exposure is to municipalities, which are supported by assigned property tax revenues or by one or more specific sources of municipal revenues Government Loans Government deposits As of 4Q 2022, the Corporation had $2.3 billion of public sector deposits in Puerto Rico, compared to $2.5 billion as of 3Q 2021 Approximately 24% is from municipalities in Puerto Rico and 76% is from public corporations, the Puerto Rico central government and agencies, and U.S. federal government agencies in Puerto Rico

Fourth Quarter 2022 Highlights NPL Migration

Fourth Quarter 2022 HighlightsUse of Non-GAAP Financial Measures Basis of Presentation Use of Non-GAAP Financial Measures This presentation contains non-GAAP financial measures. Non-GAAP financial measures are used when management believes they will be helpful to an understanding of the Corporation’s results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation of the non-GAAP financial measure to the comparable GAAP financial measure, can be found in the text or in the attached tables to this earnings presentation. Any analysis of these non-GAAP financial measures should be used only in conjunction with results presented in accordance with GAAP. Tangible Common Equity Ratio and Tangible Book Value per Common Share The tangible common equity ratio and tangible book value per common share are non-GAAP financial measures generally used by the financial community to evaluate capital adequacy. Tangible common equity is total common equity, goodwill, and other intangibles. Tangible assets are total assets less goodwill and other intangibles. Management and many stock analysts use the tangible common equity ratio and tangible book value per common share in conjunction with more traditional bank capital ratios to compare the capital adequacy of banking organizations with significant amounts of goodwill or other intangible assets, typically stemming from the use of the purchase method of accounting for mergers and acquisitions. Accordingly, the Corporation believes that disclosures of these financial measures may be useful also to investors. Neither tangible common equity nor tangible assets, or the related measures should be considered in isolation or as a substitute for stockholders’ equity, total assets, or any other measure calculated in accordance with GAAP. Moreover, the way the Corporation calculates its tangible common equity, tangible assets, and any other related measures may differ from that of other companies reporting measures with similar names.

Fourth Quarter 2022 HighlightsUse of Non-GAAP Financial Measures Basis of Presentation Use of Non-GAAP Financial Measures This presentation contains non-GAAP financial measures. Non-GAAP financial measures are used when management believes they will be helpful to an understanding of the Corporation’s results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation of the non-GAAP financial measure to the comparable GAAP financial measure, can be found in the text or in the attached tables to this earnings presentation. Any analysis of these non-GAAP financial measures should be used only in conjunction with results presented in accordance with GAAP. The financial results for the fourth quarter of 2021 and year ended December 31, 2021, include the following “Special Items” that management believes are not reflective of core operating performance, are not expected to reoccur with any regularity or may reoccur at uncertain times and in uncertain amounts. Quarter ended December 31, 2021 Merger and restructuring costs of $1.9 million ($1.2 million after-tax, calculated based on the statutory rate of 37.5%) in connection with the Banco Santander Puerto Rico (“BSPR”) acquisition integration process and related restructuring initiatives. Costs of $4 thousand ($3 thousand after-tax, calculated based on the statutory rate of 37.5%) related to the COVID-19 pandemic response efforts, consisting primarily of costs related to additional cleaning, safety materials, and security measures. Year ended December 31, 2021 Merger and restructuring costs of $26.4 million ($16.5 million after-tax, calculated based on the statutory rate of 37.5%) in connection with the BSPR acquisition integration process and related restructuring initiatives. Merger and restructuring costs in 2021 included approximately $6.5 million related to previously announced Employee Voluntary Separation Program (the “VSP”) as well as involuntary separation actions implemented in the Puerto Rico region. In addition, these costs included costs related to system conversions, accelerated depreciation charges related to planned closures and consolidation of branches in accordance with the Corporation’s integration and restructuring plan, and other integration related efforts. Costs of $3.0 million ($1.9 million after-tax, calculated based on the statutory rate of 37.5%) related to the COVID-19 pandemic response efforts, consisting primarily of costs related to additional cleaning, safety materials, and security measures The following table shows the reported net income to adjusted net income, a non-GAAP financial measure that excludes the Special Items identified above:

Financial Results4Q 2022 and Full Year 2022