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$100 Invested In First BanCorp 10 Years Ago Would Be Worth This Much Today

Benzinga Insights 1 year ago

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First BanCorp (NYSE:FBP) has outperformed the market over the past 10 years by 5.31% on an annualized basis producing an average annual return of 17.76%. Currently, First BanCorp has a market capitalization of $3.10 billion.

Buying $100 In FBP: If an investor had bought $100 of FBP stock 10 years ago, it would be worth $512.63 today based on a price of $19.48 for FBP at the time of writing.

First BanCorp's Performance Over Last 10 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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