First BanCorp. is a financial holding company with two subsidiaries: FirstBank Puerto Rico and FirstBank Insurance Agency. It operates in six segments: Commercial and Corporate Banking (lending and services), Consumer Banking (lending and deposits), Mortgage Banking (origination, sale, servicing of residential mortgages), Treasury and Investments (treasury and investment management), United States Operations (banking on the U.S. mainland), and Virgin Islands Operations (banking in the U.S. and British Virgin Islands, including retail and commercial services). The FBP YTD return is shown above.
The YTD Return on the FBP YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether FBP YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the FBP YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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