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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 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

First Bancorp > FBP oversold...
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Post by MiamiGenton Sep 21, 2013 4:02am
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Post# 21756844

FBP oversold...

FBP oversold...FBP oversold at Friday's close of 6.07

*RSI under 30
*Long term positive divergence
*Friday close a 30% pullback from late July high
*At 200 SMA
*Friday volume 8.4 x's 90 DAV
*Book value 7.20
*PPS up 43% YTD
*Resale of 28M shares in Aug had no affect on financials
*Early-mid stage bank recovery stock

Good risk to reward ratio, imo
MG

https://stockcharts.com/h-sc/ui?s=fbp
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Dealroom for high-potential pre-IPO opportunities