Commercial Banks
Company Overview of Banco Popular de Puerto Rico
Company Overview
209 Muioz Rivera Avenue
Hato Rey, PR 00918
United States
Founded in 1893
Phone:
787-765-9800
Fax:
787-756-5055
Key Executives for Banco Popular de Puerto Rico
Banco Popular de Puerto Rico Key Developments
Banco Popular de Puerto Rico reported unaudited net interest income results for the first quarter ended March 31, 2013. Net interest income amounted to $304.9 million for the quarter ended March 31, 2013, compared with $309.1 million for the previous quarter. The decrease was mainly related to the impact of fewer days on the commercial loans and the previously discussed effect of the covered loan portfolio. This decrease was partially offset by a 5 basis points reduction in the cost of interest-bearing deposits.
Banco Popular de Puerto Rico Presents at Private Banking Latin America 2011, Nov-15-2011 02:00 PM. Venue: Four Seasons Hotel, Miami, Florida, United States. Speakers: Maria Awilda Quintana Roman, Director, Banca Privada.
Banco Popular de Puerto Rico announced earnings results for the second quarter ended June 30, 2011. For the quarter, the company announced excluding the tax benefit mentioned before, the Puerto Rico business earned $80 million in the second quarter. Net interest income increased by $30 million to $325 million. The margin in the Puerto Rico business improved to 5.19% from 4.78% in the first quarter. The effective tax rate for Banco Popular de Puerto Rico for 2011 is estimated at 22%.
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Target |
|
Merger/Acquisition
March 1, 2013 |
Banco Popular de Puerto Rico, Portfolio of Non-Performing Commercial and Construction Loans |
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January 14, 2013 |
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