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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 jhonson890on Oct 18, 2010 6:11am
249 Views
Post# 17575620

FBP..//

FBP..//
On Friday, the FBP price rallied to a high of
.3699 so there was no reason why investors should not have take profits at this point. Selling pressure pushed the price down to close at
.321 and people are expecting to see more selling pressure today.
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