First Bancorp PR

FBPNYSE · USD
27.57USD+0.05 (+0.19%)
699

First Bancorp PR (FBP) Implied Volatility Current

FBP implied volatility is 41%. IV Rank is 16%, placing current premiums in the bottom of their 52-week range.

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Tracking FBP implied volatility helps you identify when options premiums on First Bancorp PR are historically cheap or expensive, and where the best trades are hiding. First Bancorp PR implied volatility reflects the market's expectation of future price movement: when FBP IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor First Bancorp PR's implied volatility current levels in real time and filter for high-probability trades.

Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For FBP, tracking metrics like FBP IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on FBP signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans and floor plan financings; and other products, such as cash management and business management services.

The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; acquisition and sale of mortgages in the secondary markets; and purchase of mortgage loans from other local banks and mortgage bankers. The Consumer (Retail) Banking segment provides auto, boat, credit card, and personal loans; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); and finance leasing and insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans; and internet banking, cash management, remote deposit capture, and automated clearing house, and transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. The company operates 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where FBP implied volatility sits today versus where it has been. Our scanner ranks First Bancorp PR implied volatility against its historical range, surfaces extremes in FBP IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether First Bancorp PR IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
15.87%IV Rank
Low

IV is compressed vs the past year - options are relatively cheap, favoring buyers.

Implied Volatility (30d)41.02%

IV Rank15.87%

Historical Volatility (30d)17.34%

IV - HV+23.68%

As of September 17, 2026

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