"We think FBP offers investors now an opportunity to invest in one of the few remaining, 'early stage'
credit recovery stories in the banking sector ...."
First BanCorp was a very troubled company 3 years ago.
I bought FBP after selling BAC at 14.70 and their PPS has been sinking just like SNV
yes, I see that. also have been looking at NYCB with its 6.5% divvy and it is sinking too. people raising cash? in view of Syria, threat of tapering, ? I am not selling but I am not buying either. holding steady.