Popular Community Bank, the principal U.S. mainland operating subsidiary of Popular Inc., announced the official launch of its private banking division, Popular Private Client.
More than half, or 57 percent of Puerto Rico’s bank branches islandwide are offering services, Puerto Rico Bankers Association Executive VP Zoimé Álvarez-Rubio said.
First BanCorp. reported net income of $28 million for the second quarter of 2017, or $0.13 per diluted share, compared to $25.5 million, or $0.11 per diluted share, for the first quarter of 2017 and $22 million, or $0.10 per diluted share, for the second quarter of 2016.