Banco Santander Puerto Rico

Banco Santander Puerto Rico is headquartered in San Juan and is the 6^th largest bank in the state of PR. It is also the 142^nd largest bank in the nation. It was established in 1972 and as of December of 2011, it had grown to 1,361 employees at 2 locations. Banco Santander Puerto Rico's savings rates are 3X the national average, and it has a 4-star health rating.

Banco Santander Puerto Rico Checking Account Rates

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Banco Santander Puerto Rico CD Rates

Data for Q4 2011

Institution Statistics Banco Santander Puerto Rico FDIC Certificate # 20828 BankRate Report View Year Established 1972 Employees 1361 Primary Regulator FDIC Assets and Liabilities Assets $6.59 billion Loans $5.51 billion Deposits $5.23 billion Equity Capital $745.16 million Loan Loss Allowance $108.62 million Unbacked Noncurrent Loans $253.84 million Real Estate Owned $69.86 million Historic Data - December 2010 Assets $6.64 billion Equity Capital $726.09 million Loan Loss Allowance $93.83 million Unbacked Noncurrent Loans $274.26 million Real Estate Owned $60.15 million Profit Margin - Quarterly Net Interest Margin 4.14% Return on Assets 0.61% Return on Equity 5.63% Interest Income $304.83 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Banco Santander Puerto Rico had $323.7 million in non-current loans and owned real-estate with $853.78 million in equity and loan loss allowances on hand to cover it. This gives Banco Santander Puerto Rico a Texas Ratio of 37.91% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Banco Santander Puerto Rico held steady from 40.90% as of December 31, 2010 to 37.91% as of December 31, 2011, resulting in a positive change of 7.30%.This indicates that the balance sheet and financial strength for Banco Santander Puerto Rico has held steady in recent periods. Deposit Growth In the past year, Banco Santander Puerto Rico has increased its total deposits by $807.17 million, resulting in 18.26% 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 Santander Puerto Rico has shown is excellent. Capitalization 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 Santander Puerto Rico has $6.59 billion in assets with $853.78 million in equity, resulting in a capitalization level of 12.96%, which is excellent.

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