First Ban (FBP) : During the past 4 weeks, traders have been relatively bearish on First Ban (FBP), hence the stock is down -3.66% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.63% relative to the S&P 500. The 4-week change in the price of the stock is -2.67% and the stock has fallen -4.58% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.34% and the 50-Day Moving Average is 1.48%. First Ban (NYSE:FBP): stock turned positive on Friday. Though the stock opened at $4.31, the bulls momentum made the stock top out at $4.41 level for the day. The stock recorded a low of $4.3 and closed the trading day at $4.38, in the green by 1.15%. The total traded volume for the day was 730,643. The stock had closed at $4.33 in the previous days trading.
The company Insiders own 41.11% of First Ban shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.39% . Institutional Investors own 86.11% of First Ban shares. During last six month period, the net percent change held by insiders has seen a change of -1.39%.
First BanCorp. is a financial holding company. The Company serves as the bank holding company for FirstBank Puerto Rico (FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). Through its wholly owned subsidiaries, the Company provides financial services and products with operations in Puerto Rico, the United States and the United States Virgin Islands and British Virgin Islands. It focuses on commercial banking, residential mortgage loan originations, finance leases, credit cards, personal loans, small loans, auto loans, and insurance agency and broker-dealer activities. It operates in six segments: Commercial and Corporate Banking; Consumer (Retail) Banking; Mortgage Banking; Treasury and Investments; United States Operations, and Virgin Islands Operations. It has two wholly owned subsidiaries: FirstBank, a Puerto Rico-chartered commercial bank and FirstBank Insurance Agency, a Puerto Rico-chartered insurance agency.