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Bullboard - Stock Discussion Forum First Bancorp FBP

Financial Services
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... see more

NYSE:FBP - Post Discussion

First Bancorp > FBP
View:
Post by david39 on Aug 26, 2010 6:49am

FBP

FBP is another financial stock that is starting to attract bargain hunters. There was some modest capitulation earlier in the week, which caused the price to drop below support at
.40. However after hitting a low of
.34 on Wednesday, the price managed to recover but was unable to close above
.40. A positive open with strong volume could trigger a buy signal today.
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