If You Invested $1000 In First BanCorp Stock 5 Years Ago, You Would Have This Much Today

First BanCorp (NYSE:FBP) has outperformed the market over the past 5 years by 5.84% on an annualized basis producing an average annual return of 18.98%. Currently, First BanCorp has a market capitalization of $3.32 billion.

Buying $1000 In FBP: If an investor had bought $1000 of FBP stock 5 years ago, it would be worth $2,387.32 today based on a price of $21.02 for FBP at the time of writing.

First BanCorp's Performance Over Last 5 Years

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.