First BanCorp FBP has outperformed the market over the previous 15 years by 6.6% on an annualized foundation producing a mean annual return of 17.68%. At the moment, First BanCorp has a market capitalization of $3.28 billion.
Shopping for $100 In FBP: If an investor had purchased $100 of FBP inventory 15 years in the past, it will be value $1,149.71 as we speak primarily based on a worth of $20.12 for FBP on the time of writing.
First BanCorp’s Efficiency Over Final 15 Years
Lastly — what is the level of all this? The important thing perception to take from this text is to notice how a lot of a distinction compounded returns could make in your money development over a time frame.
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