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First Bancorp FBP

First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.


NYSE:FBP - Post by User

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Post by david39on Aug 06, 2010 4:53am
224 Views
Post# 17327200

FBP

FBPFBP is drawing our interest. In early-July the price made some decent gains, rallying from a low at
.39 to a high of
.92. However, the price has consolidated in a narrow range, with support at
.50 and resistance at
.60. FBP is starting to attract some buyers as the price closed in positive territory at
.56. People are just watching the price action and waiting for it to break above resistance on strong volume to trigger a trade alert.
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