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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

Post by david39on Aug 31, 2010 8:12am
132 Views
Post# 17398527

FBP

FBPFBP continues to hold on to support at
.40 but momentum is starting to drop and the price might struggle in the near-term. If the price can hold this level then it should attract new investors and create some momentum for a drive back to
.50.
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