Banco Popular de Puerto Rico

Headquarters

209 Avenida Luis Munoz Rivera
San Juan, PR 00918
See all branch locations →

Phone 787 724 3650

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.80% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

Banco Popular de Puerto Rico is an FDIC insured institution located in San Juan, PR. It was founded in 1999 and has approximately $58.31 billion in assets. Customers can open an account at one of its 199 branches.

FDIC Insured Yes
FDIC Certificate # 34968
Date Established 1999
Assets $ 58.31 billion
Loans $ 24.33 billion
Deposits $ 54.63 billion
Capital $ 3.00 billion
 

For a more detailed analysis of Banco Popular de Puerto Rico's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 12, 2024

Your Current Location: Ohio, OH 43085

Checking Rates APY MIN FEE
Popular Prestige Checking 0.00% $2,000 $12.00 Learn MoreShow Less
Popular Everyday Checking 0.00% $1,000 $10.00 Learn MoreShow Less

Loan Rates - November 12, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Banco Popular de Puerto Rico

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Monthly
Payment
Learn More
PenFed Credit Union
NMLS ID: 401822
6.668% 6.500%
0.75 points
$5,600 fees
$2,023 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.981% 6.875%
0.88 points
$3,442 fees
$2,103 Learn More
PADDIO
NMLS ID: 1907
7.068% 7.000%
0.75 points
$2,202 fees
$2,129 Learn More
Rocket Mortgage
NMLS ID: 3030
7.225% 7.125%
1.00 points
$3,200 fees
$2,156 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR 7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

Note to Banco Popular de Puerto Rico
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Banco Popular de Puerto Rico branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio



Climate Policy and Initiatives

Banco Popular de Puerto Rico is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.


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Financial Details

Banco Popular de Puerto Rico Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Banco Popular de Puerto Rico. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Banco Popular de Puerto Rico U.S. Bank Average
16.33% 4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, Banco Popular de Puerto Rico had $525,000,000 in non-current loans and $70,000,000 in owned real estate. To cover these potential losses it had $2,999,000,000 in equity and $644,000,000 in loans loss reserves. That gives it a Texas Ratio of 16.33%.

Return on Equity
Banco Popular de Puerto Rico U.S. Bank Average
17.91% 10.46%

Banco Popular de Puerto Rico has a Return on Equity of 17.91% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Banco Popular de Puerto Rico U.S. Bank Average
5.14% 10.84%

Banco Popular de Puerto Rico has a Capitalization of 5.14% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Banco Popular de Puerto Rico Balance Sheet Analysis

As of June 30, 2024, Banco Popular de Puerto Rico had assets of $58,314,000,000, loans of $24,330,000,000, and deposits of $54,629,000,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024
ASSETS
Cash & Balances due from depository institutions $ 5.26 billion
Interest-bearing balances $ 4.96 billion
Total securities $ 25.72 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 24.33 billion
Loan loss allowance $ 644.00 million
Trading account assets $ 7.00 million
Bank premises and fixed assets N.A.
Other real estate owned $ 70.00 million
Goodwill and other intangibles $ 545.00 million
All other assets $ 1,267.00 million
     Total Assets $ 55.32 billion
LIABILITIES
Total deposits $ 54.63 billion
      Interest-bearing deposits $ 40.50 billion
      Deposits held in domestic offices $ 54.18 billion
      % insured (estimated) 42.17%
Federal funds purchased and repurchase agreements $ 48.00 million
Trading liabilities N.A.
Other borrowed funds $ 109.00 million
Subordinated debt N.A.
All other liabilities $ 601.00 million
      Total Liabilities $ 55.32 billion
      Shareholders’ Equity $ 3.00 billion

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income $ 1,449.00 million
Total Interest Expense $ 490.00 million
Net interest income $ 959.00 million
Provision for loan and lease losses $ 111.00 million
Total non interest income $ 271.00 million
Total non interest expense $ 789.00 million
Pre-tax Net Operating Income $ 445.00 million

Bank Loan Profile?

The top three loan types in Banco Popular de Puerto Rico’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Consumer Auto Loans.

Compared to other banks in , Banco Popular de Puerto Rico has a significantly higher percent of Credit Card Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.99
Multifamily
Mortgages
0.97
Credit Card Loans 3.97
Consumer Auto Loans 14.34
Small Business Loans 1.57
Construction and Development Loans 1.30
Commercial Real Estate 15.74
Commercial and Industrial Loans 11.10
Farm Loans 0.02

Customer Reviews for Banco Popular de Puerto Rico


  • April 21, 2015

    I'm looking to refinance my mortgage. Please call me in New York while I'm visiting with my sick daughter. I can be reached at (845) 464-2124. The refinance is regarding my residence at 25 Blvd. Media Luna, Carolina PR 00987. Thank you for your assistance. I look forward to hearing from you soon. Erie Lausell Lopez


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