Banco Popular de Puerto Rico

209 Avenida Luis Munoz Rivera
San Juan, PR 00918

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34968
Date Established 1999
Assets $36.12 billion
Loans $17.45 billion
Deposits $30.81 billion
Capital $3.69 billion

Banco Popular de Puerto Rico is an FDIC insured institution located in San Juan, PR. It was founded in 1999 and has approximately $36.12 billion in assets. Customers can open an account at one of its 199 branches.

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.

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 Commercial and Industrial 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 39.63
Multifamily
Mortgages
0.86
Credit Card Loans 6.05
Consumer Auto Loans 5.08
Small Business Loans 4.15
Construction and Development Loans 0.70
Commercial Real Estate 23.19
Commercial and Industrial Loans 10.62
Farm Loans 0.05

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.25% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.30% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.55% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.25% $200 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $500 $999 Learn MoreShow Less
Int Ckg 2.5K
0.10% $1,000 $9,999 Learn MoreShow Less
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

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
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NMLS ID: 2890
License#: MC-3098
4.411% 4.375% 0.00 $1,190 $1,249 Learn More
PenFed Credit Union
NMLS ID: 401822
4.585% 4.500% 0.00 $2,500 $1,267 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.799% 4.750% 0.00 $1,408 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.740% $291.47 Learn More

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:
Ashburn,Virginia


Banco Popular de Puerto Rico Locations

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
49.14% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 March 31, 2018, Banco Popular de Puerto Rico had $1,888,000,000 in non-current loans and $206,000,000 in owned real estate. To cover these potential losses it had $3,694,000,000 in equity and $567,000,000 in loans loss reserves. That gives it a Texas Ratio of 49.14%.

Return on Equity
Banco Popular de Puerto Rico U.S. Bank Average
8.84% 9.35%

Banco Popular de Puerto Rico has a Return on Equity of 8.84% versus the BestCashCow average of 9.35%. 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
10.23% 12.01%

Banco Popular de Puerto Rico has a Capitalization of 10.23% versus the BestCashCow average of 12.01. 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 March 31, 2018, Banco Popular de Puerto Rico had assets of $36,122,000,000, loans of $17,452,000,000, and deposits of $30,809,000,000. 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

ASSETS
Cash & Balances due from depository institutions $6.99 billion
Interest-bearing balances $6.80 billion
Total securities $8.95 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $17.45 billion
Loan loss allowance $0.57 billion
Trading account assets $0.02 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.21 billion
Goodwill and other intangibles $0.45 billion
All other assets $1.57 billion
     Total Assets $32.43 billion
LIABILITIES
Total deposits $30.81 billion
      Interest-bearing deposits $23.05 billion
      Deposits held in domestic offices $30.49 billion
      % insured (estimated) 55.58%
Federal funds purchased and repurchase agreements $0.12 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.77 billion
Subordinated debt $0.00 billion
All other liabilities $0.74 billion
      Total Liabilities $32.43 billion
      Shareholders’ Equity $3.69 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.36 billion
Total Interest Expense $0.03 billion
Net interest income $0.33 billion
Provision for loan and lease losses $0.06 billion
Total non interest income $0.09 billion
Total non interest expense $0.26 billion
Pre-tax Net Operating Income $0.10 billion

Frequently Asked Questions About Banco Popular De Puerto Rico

Branches and Savings

Is Banco Popular De Puerto Rico FDIC insured?

Yes. It is covered under FDIC Certificate #34968.

Why does Banco Popular De Puerto Rico pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Banco Popular De Puerto Rico CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Banco Popular De Puerto Rico a commercial bank?

Yes

Where are Banco Popular De Puerto Rico locations?

See branch locations nearby.

Is Banco Popular De Puerto Rico open on Saturdays?

Is Banco Popular De Puerto Rico open on Sundays?

What time does Banco Popular De Puerto Rico open?

What time does Banco Popular De Puerto Rico close?

Are Banco Popular De Puerto Rico ATMs Open 24/7?

Do Banco Popular De Puerto Rico ATMs accept cash deposits?

Can Banco Popular De Puerto Rico customers use other ATMs?

Do Banco Popular De Puerto Rico branches have notaries?

Will Banco Popular De Puerto Rico notarize my document?

What address for Banco Popular De Puerto Rico should I put for incoming ACH transfers?

Will the Banco Popular De Puerto Rico branch print checks?

Do Banco Popular De Puerto Rico checks expire?

Does Banco Popular De Puerto Rico require US citizenship to open account?

Can Banco Popular De Puerto Rico close my account?

Does Banco Popular De Puerto Rico Report to credit bureaus?

Does Banco Popular De Puerto Rico Use Equifax?

What is Banco Popular De Puerto Rico's ACH Routing Number?

What is Banco Popular De Puerto Rico's SWIFT code?

Products

Does Banco Popular De Puerto Rico offer mortgages?

Compare mortgage rates here.

Does Banco Popular De Puerto Rico offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Banco Popular De Puerto Rico offer personal loans?

Compare personal loan rates here.

Does Banco Popular De Puerto Rico offer student loans?

Will Banco Popular De Puerto Rico cash a check?

Will Banco Popular De Puerto Rico redeem a savings bond?

Does Banco Popular De Puerto Rico cash savings bonds?

Will Banco Popular De Puerto Rico cash money orders?

Can Banco Popular De Puerto Rico issue a money order?

Does Banco Popular De Puerto Rico do currency exchange?

Background on The Bank

Who owns Banco Popular De Puerto Rico?

How long has Banco Popular De Puerto Rico been around?

Can Banco Popular De Puerto Rico transfer to other banks?

Does Banco Popular De Puerto Rico have quick pay?

Does Banco Popular De Puerto Rico accept rolled coins?

Will Banco Popular De Puerto Rico accept loose change?

Where is Banco Popular De Puerto Rico headquarters?

Customer Reviews for Banco Popular de Puerto Rico


  • Erie Lausell Lopez

    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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