Peck ODell - First Bancorp President
FBP Stock | USD 21.60 0.30 1.41% |
President
Mr. Lawrence Odell is Executive Vice President, General Counsel, Secretary First Bancorp. Senior Partner at Martnez Odell Calabria from 1979 until March 31, 2012. Over 31 years of experience in specialized legal issues related to banking, corporate finance and international corporate transactions. Served as Secretary of the Board of PepsiCola Puerto Rico, Inc. from 1992 to 1997. Served as Secretary to the Board of Directors of BAESA, S.A. from 1992 to 1997. Director of the Corporationrationrations subsidiaries FirstBank Puerto Rico Securities Corporationration and First Management of Puerto Rico since March 2009. since 2006.
Age | 71 |
Tenure | 18 years |
Address | 1519 Ponce de Leon Avenue, San Juan, PR, United States, 00908-0146 |
Phone | 787 729 8200 |
Web | https://www.1firstbank.com |
First Bancorp Management Efficiency
The company has Return on Asset of 0.0162 % which means that on every $100 spent on assets, it made $0.0162 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2014 %, implying that it generated $0.2014 on every 100 dollars invested. First Bancorp's management efficiency ratios could be used to measure how well First Bancorp manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/25/2024, Return On Equity is likely to grow to 0.21, while Return On Tangible Assets are likely to drop 0.01. At this time, First Bancorp's Non Current Liabilities Total is relatively stable compared to the past year. As of 11/25/2024, Total Current Liabilities is likely to grow to about 12.8 B, while Liabilities And Stockholders Equity is likely to drop slightly above 12.3 B.Similar Executives
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Management Performance
Return On Equity | 0.2 | ||||
Return On Asset | 0.0162 |
First Bancorp Leadership Team
Elected by the shareholders, the First Bancorp's board of directors comprises two types of representatives: First Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Bancorp's management team and ensure that shareholders' interests are well served. First Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ginoris Vizcarra, Executive Vice President, Director of Strategic Management and Retail Banking | ||
Patricia Eaves, Non-Executive Independent Director | ||
Sara AlvarezCabrero, Executive Vice President General Counsel, Secretary of the Board of Directors | ||
Lilian DiazBento, Executive Vice President Business Group Director | ||
Jose MenendezCortada, Independent Director | ||
Robert Gormley, Independent Director | ||
Jose Lacasa, Executive Vice President Florida Business Director | ||
Donald Kafka, Chief Operating Officer, Executive Vice President | ||
Nayda RiveraBatista, Executive Vice President Chief Risk Officer | ||
Thomas McDonald, Executive Vice President Business Group Executive | ||
Tracey Dedrick, Non-Executive Independent Director | ||
Said Ortiz, Chief Accounting Officer | ||
Peck ODell, Executive Vice President General Counsel, Secretary | ||
Roberto Herencia, Non-Executive Independent Chairman of the Board | ||
Aurelio AlemnBermudez, CEO Pres | ||
Nayda CPA, Executive Officer | ||
CPA CPA, Ex CFO | ||
Aurelio AlemanBermudez, President, Chief Executive Officer, Director | ||
John Heffern, Non-Executive Independent Director | ||
Daniel Frye, Non-Executive Independent Director | ||
Orlando CPA, Executive CFO | ||
Juan Pavia, Executive Vice President Chief Credit Officer | ||
Ginoris LpezLay, Ex Director | ||
Said CPA, Controller Officer | ||
Cassan Pancham, Executive VP, Bus. Group Executive and Executive VP of FirstBank Puerto Rico | ||
Juan Reboyras, Non-Executive Independent Director | ||
Felix Villamil, Non-Executive Independent Director | ||
Calixto GarciaVelez, Executive Vice President ; Florida Regional Executive and Special Assets Group Director | ||
Emilio MartinoValdes, Executive Vice President and Chief Lending Officer of FirstBank | ||
Carlos Pietrantoni, Executive Vice President Consumer Lending Business Executive | ||
Ramon CFA, Senior Relations | ||
Orlando BergesGonzalez, Executive Vice President, Chief Financial Officer and Interim Chief Accounting Officer | ||
Luz Crespo, Non-Executive Independent Director | ||
Ginoris LopezLay, Executive Vice President Retail and Banking Director |
First Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.2 | ||||
Return On Asset | 0.0162 | ||||
Profit Margin | 0.35 % | ||||
Operating Margin | 0.44 % | ||||
Current Valuation | 3.39 B | ||||
Shares Outstanding | 163.87 M | ||||
Shares Owned By Insiders | 1.81 % | ||||
Shares Owned By Institutions | 96.96 % | ||||
Number Of Shares Shorted | 2.2 M | ||||
Price To Earning | 20.90 X |
Pair Trading with First Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Bancorp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to First Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Bancorp to buy it.
The correlation of First Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for First Stock Analysis
When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.