First Bancorp (NASDAQ: FBP) Stock on most active line

First Bancorp day trading at USD 5.23 per share, then rallying to 5.595 and closing at USD 5.49 per share. A net gain of 4.97% for the day. Long term pricing analysis shows the stock trading at 50.22% lower than it’s 52week high and -48.28% higher than the 52week low. The share volume traded for the day was 1,664K which was 0 times the 50 Day Average Volume.

First Bancorp had a market cap of 1,197,685K as of 29th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $0.57.

First Bancorp is a publicly owned financial holding company located in San Juan, Puerto Rico.

Financial Results

First Bancorp Reports First Quarter Of Fiscal 2020.

  • First Bancorp (NASDAQ – FBNC), the parent company of First Bank, announced today net income of $18.2 million, or $0.62 per diluted common share, for the three months ended March 31, 2020, a decrease of 17.3% in earnings per share from the $22.3 million, or $0.75 per diluted common share, recorded in the first quarter of 2019.
  • Net interest income for the first quarter of 2020 was $54.8 million, a 2.6% increase from the $53.4 million recorded in the first quarter of 2019.
  • Total noninterest income was $13.7 million and $14.1 million for the three months ended March 31, 2020 and 2019, respectively.
  • Noninterest expenses amounted to $40.1 million in the first quarter of 2020 compared to $38.8 million recorded in the first quarter of 2019, an increase of 3.4%.
  • The Company’s effective tax rate was 20.3% for the first quarter of 2020, compared to 20.9% in the first quarter of 2019.

First Bancorp (29th June 2020): The Institutional Ownership as of today stood at 93.05% and the Total Value of Holdings (millions) is $ 1,037

New Institutional Holders and other activity – As of today, the total number of shares held is, 202,999,613 by 270 institutional holders.

LATEST NEWS:

28-June-2020:- First Bancorp (NYSE: FBP) Shares Sold by Paloma Partners Management Co – Modern Readers

Paloma Partners Management Co decreased its holdings in First Bancorp (NYSE: FBP) by 59.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 27,885 shares of the bank’s stock after selling 40,867 shares during the period.

27-June-2020:- First Bancorp (NYSE: FBP) Holdings Trimmed by Squarepoint Ops LLC

Squarepoint Ops LLC trimmed its position in shares of First Bancorp (NYSE: FBP) by 5.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 236,765 shares of the bank’s stock after selling 13,015 shares during the period.

9-June-2020:- First Bancorp (NYSE: FBP) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP decreased its holdings in First Bancorp (NYSE: FBP) by 91.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,634 shares of the bank’s stock after selling 111,322 shares during the period.

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