Are Finance Stocks Lagging First BanCorp. (FBP) This Year?

Group 1 - First Bancorp (FBP) is a notable stock in the Finance sector, currently outperforming its peers with a year-to-date performance of approximately 15.6% compared to the sector average of 7.5% [4] - FBP holds a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions, with a 5.6% increase in the consensus estimate for full-year earnings over the past three months [3] - The company is part of the Banks - Southeast industry, which includes 54 companies and is currently ranked 61 in the Zacks Industry Rank, with this industry gaining an average of 2.3% year-to-date [5] Group 2 - Banco Comercial Portugues S.A. Unsponsored ADR (BPCGY) is another Finance stock that has outperformed the sector, with a year-to-date increase of 45.3% [4] - BPCGY has a Zacks Rank of 2 (Buy) and has seen a 14% increase in its consensus EPS estimate for the current year [5] - The Banks - Foreign industry, which includes BPCGY, has 67 stocks and is ranked 14, with an industry performance of +25.1% since the beginning of the year [6]