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Though interest income from its loan portfolio fell by $8.3 million, Banco Popular de Puerto Rico said higher average volumes in the mortgage and auto segments helped offset the decline.
FirstBank’s Isla Verde branch.
Banco Popular’s headquarters in Hato Rey.
Popular Re, which launched in 2022, is integral to Popular Inc.’s risk management strategy, providing reinsurance for various property and casualty lines.
Puerto Rico’s “Golden Mile” banking district is home to institutions such as Popular, FirstBank and OFG Bancorp. (Credit: Eduardo San Miguel)
Banco Popular’s Old San Juan headquarters