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Overview / Commentary
800-377-0800
209 Munoz Rivera Avenue
Hato Rey, PR 00919

Banco Popular de Puerto Rico is headquartered in Hato Rey and is the largest bank in the state of PR. It is also the 53rd largest bank in the nation. It was established in 1999 and as of June of 2014, it had grown to 6,233 employees at 2 locations. Banco Popular de Puerto Rico has a B health rating.

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Health

Data for Q2 2014

Institution Health

B

Texas Ratio

GRADE:
C

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Banco Popular de Puerto Rico had $1.37 billion in non-current loans and owned real-estate with $3.94 billion in equity and loan loss allowances on hand to cover it. This gives Banco Popular de Puerto Rico a Texas Ratio of 34.79% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Banco Popular de Puerto Rico decreased slightly from 43.45% as of June 30, 2013 to 34.79% as of June 30, 2014, resulting in a positive change of 19.93%.This indicates that the balance sheet and financial strength for Banco Popular de Puerto Rico has improved slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Banco Popular de Puerto Rico has increased its total deposits by $422 million, resulting in 2.03% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Banco Popular de Puerto Rico has shown is above average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Banco Popular de Puerto Rico has $27.31 billion in assets with $3.94 billion in equity, resulting in a capitalization level of 14.42%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #34968
Year Established1999
Employees6233
Primary RegulatorFED
Assets and Liabilities
Assets$27.31 billion
Loans$17.99 billion
Deposits$21.17 billion
Equity Capital$3.37 billion
Loan Loss Allowance$565.00 million
Unbacked Noncurrent Loans$1.25 billion
Real Estate Owned$121.00 million
Historic Data - June 2013
Assets$27.28 billion
Equity Capital$2.77 billion
Loan Loss Allowance$500.00 million
Unbacked Noncurrent Loans$1.25 billion
Real Estate Owned$131.00 million
Profit Margin - Quarterly
Return on Assets0.86%
Return on Equity7.18%
Interest Income$709.00 million
Rates

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Locations

Sorry, but we do not have location data for Banco Popular de Puerto Rico. Its headquarters is located at 209 Munoz Rivera Avenue - Hato Rey, PR 00919