Popular closes deal on Reliable Auto, Wells Fargo’s car finance business in P.R.
August 1, 2018
Some six months after announcing its intentions, Popular Auto has completed the acquisition of certain assets and the assumption of certain liabilities related to Wells Fargo & Company’s auto finance business in Puerto Rico — Reliable Auto.
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Evertec reports 10% 2Q18 revenue growth to $113M vs. 2Q17
August 1, 2018
Evertec Inc. reported $113.3 million in total revenue for the second quarter ended June 30, representing a 10 percent increase compared with $103.5 million in the prior year.
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First BanCorp. Reports $31M in net income for 2Q18
July 26, 2018
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $31.0 million for the second quarter of 2018, or $0.14 per diluted share, compared to $33.1 million, or $0.15 per diluted share, for the first quarter of 2018 and $28.0 million, or $0.13 per diluted share, for the second quarter of […]
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