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First Bancorp | 7.25% Noncumulative Perpetual Monthly Income Preferred Stock, Series D (FBPRN)
This preferred is marked as having been called.
Prospectus excerpt: First BanCorp is a publicly-owned, Puerto Rico-chartered financial holding company that offers a wide range of financial services through its wholly-owned subsidiaries, FirstBank Puerto Rico and FirstBank Insurance Agency. First BanCorp is offering, to the public, 3,200,000 shares of its 7.25% Noncumulative Perpetual Monthly Income Preferred Stock, Series D. The Series D Preferred Stock has the following characteristics: Annual dividends of $1.8125 per share, payable monthly, if declared by the board of directors. Missed dividends never have to be paid. Redeemable at First BanCorp's option, with regulatory approval, beginning on January 31, 2007. No mandatory redemption or stated maturity. Full Prospectus PDF », Secondary Prospectus PDF », FBP Page »
Series: | D | Redeemable?: | Yes | Call Date: | 1/31/2007 (Now Trading Post Call Date) | Perpetual?: | Yes | Cumulative?: | No | Shares Offered: | 3,200,000 | Overallotment: | 480,000 | Liquidation Preference: | $25.00 | Original Coupon: | 7.25% | Pay Period: | Monthly | CDx3 Compliance Rating: |
Learn FBPRN's Rating
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First BanCorp is a financial holding company. Co. provides a range of financial services for retail, commercial and institutional clients. Co.'s segments are: Commercial and Corporate Banking, which provides commercial loans; Mortgage Banking, which provides residential mortgage loan products; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Treasury and Investments, which provides treasury and investment management; U.S. Operations, which consists of banking activities in the U.S. mainland; and Virgin Islands Operations, which consists of all banking activities in the U.S. Virgin Islands and the British Virgin Islands regions. Preferreds: FBPRO, FBPRN, FBPRL Open the FBP Information Page »
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Name: |
First Bancorp |
Website: |
www.firstbankpr.com |
Sector: |
Banking & Savings |
Number of ETFs Holding FBP: |
63 (see which ones) |
Total Market Value Held by ETFs: |
$796,233,804.5 |
Total Market Capitalization: |
$2,886,000,000 |
% of Market Cap. Held by ETFs: |
27.59% |
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