First Bancorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. Besides the branches and lending offices the Corporation has offered a telephone information service called `Telebanco` since 1983. This was the first telebanking service offered in Puerto Rico. The Corporation's clients have access to an extensive ATM network all over the world. The Corporation was the first in Puerto Rico to open on weekends and the first to offer in-store branches to its clients. First Bancorp. has a market cap of $181.4 million; its shares were traded at around $1.96 with and P/S ratio of 0.1. First Bancorp. had an annual average earning growth of 11.1% over the past 10 years.
FBP is in the portfolios of Arnold Schneider of Schneider Capital Management.
Insiders' Positions with FBP
- Buy:: EVP & General Counsel Lawrence Odell bought 10,000 shares of FBP stock on 08/10/2009 at the average price of 4.03, the price of the stock has decreased by 51.36% since
- Buy:: Director Cortada Jose Menendez bought 1,000 shares of FBP stock on 08/05/2009 at the average price of 3.18, the price of the stock has decreased by 38.36% since
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