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First BanCorp. (FBP) Soars 1.42%

First BanCorp. is a First BanCorp is a financial holding company.

Editor 1 min read
First BanCorp. (FBP) Soars 1.42%

From the Equity Insider archive. This article dates from Dec 29, 2020 and is preserved as first published.

First BanCorp. is a First BanCorp is a financial holding company.

First BanCorp. (FBP) had a good day on the market for Monday December 28 as shares jumped 1.42% to close at $9.26. About 1.03 million shares traded hands on 6,514 trades for the day, compared with an average daily volume of n/a shares out of a total float of 218.23 million. After opening the trading day at $9.23, shares of First BanCorp. stayed within a range of $9.42 to $9.10.

03 million shares traded hands on 6,514 trades for the day, compared with an average daily volume of n/a shares out of a total float of 218.

With today’s gains, First BanCorp. now has a market cap of $2.02 billion. Shares of First BanCorp. have been trading within a range of $10.69 and $3.50 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

First BanCorp is a financial holding company. The company’s operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. It generates maximum revenue from the Consumer (Retail) Banking segment. The Consumer (Retail) Banking segment consists of the Corporation’s consumer lending and deposit-taking activities conducted mainly through its branch network and loan centers. Geographically, it derives a majority of revenue from Puerto Rico.

First BanCorp. is based out of San Juan, and has some 2,674 employees. Its CEO is Aurelio Aleman.

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