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First BanCorp., also called First Bancorp (Puerto Rico) , is a holding company, which engages in the provision of personal, commercial, and corporate banking services through its subsidiaries. It operates through the following segments: Commercial and Corporate Banking; Consumer (Retail) Banking; Mortgage Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. Read More The Commercial and Corporate Banking segment consists of the company's lending and other services for large customers represented by specialized and middle-market clients and the public sector. The Consumer (Retail) Banking segment includes consumer lending and deposit-taking activities conducted mainly through FirstBank's branch network in Puerto Rico. The Mortgage Banking segment focuses on the origination, sale, and servicing of a variety of residential mortgage loan products and related hedging activities. The Treasury and Investments segment deals with treasury and investment management functions. The United States Operations segment represents all banking activities conducted by FirstBank on the United States mainland. The Virgin Islands Operations segment includes all banking activities conducted by FirstBank in the U.S. Virgin Islands and the British Virgin Islands. The company was founded on October 29, 1948 and is headquartered in San Juan, Puerto Rico.
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Yahoo FinanceMay 15
FBP vs. CHCO: Which Stock Is the Better Value Option?
Investors with an interest in Banks - Southeast stocks have likely encountered both First Bancorp (FBP) and City Holding (CHCO). But which of these two stocks presents investors with the better value opportunity right now?
Seeking AlphaMay 11
The Top Yields In Non-Cumulative Preferred Stocks
This article is being written to introduce 5 companies with 8 non-cumulative preferred stocks that are currently among the highest yields in this class of preferred stocks.
Yahoo FinanceMay 10
Is First BanCorp. Stock Outpacing Its Finance Peers This Year?
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has First BanCorp. (FBP) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. First BanCorp. is a member of our Finance group, which includes 856 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within...
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