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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 anderson897on Nov 04, 2010 6:26am
323 Views
Post# 17655459

FBP

FBPPeopledid not receive a buy signal for FBP yet but they will continue to watch thisstock. Weak volume on Wednesday created some selling pressure as it spent theentire session in negative territory. Today they want to see if the price canhold support around
.30, which is its 20-day moving average. There is arisk that the price continues to drop but there looks to be even strongersupport at
.28.
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