First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides financial products and services to consumers and commercial customers. It operates through six segments: Mortgage Banking; Consumer (Retail) Banking; Commercial and Corporate Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; hedging activities; purchase of mortgage loans from branch and mortgage bankers; and origination of residential real estate loans. The Consumer (Retail) Banking segment provides auto loans, finance leases, personal loans, credit cards, and other types of consumer credit lines; and interest and non-interest-bearing checking and savings accounts. The Commercial and Corporate Banking segment offers commercial real estate and construction loans, as well as other products, such as cash and business management services. The Treasury and Investments segment focuses on fund management business. The United States Operations segment provides checking, savings, and money market accounts; retail CDs; internet banking services; residential mortgages; home equity loans and lines of credit; retail deposits; cash management services; remote data capture; automated clearing house transactions; and traditional commercial and industrial, and commercial real estate products, such as lines of credit, term loans, and construction loans. The Virgin Islands Operations segment focuses on consumer and commercial lending, and deposit-taking activities. The company also offers insurance agency services. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

First BanCorp.

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on First Bancorp Puerto Rico (FBP) and Tradeweb Markets ...

Analysts Offer Insights on Financial Companies: First Bancorp Puerto Rico (FBP) and Tradeweb Markets (TW)

In a report released today, Timur Braziler from Wells Fargo maintained a Buy rating on First Bancorp Puerto Rico, with a price target of $24.00. Ac...

	A	B	C	D
1	Symbol	Price	Change	Volume
2	FBP	$22.63	+3.95%	807.12K
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	A	B	C	D
1	Symbol	Price	Change	Vol
2	FBP	$22.63	+4.0%	807.12K
3
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