Popular reports $102.2M net loss in 4Q17 related to Tax Cut and Jobs Act
January 24, 2018
Popular Inc. reported a net loss of $102.2 million for the quarter ended Dec. 31, 2017, compared to a net income of $20.7 million for the prior reflecting a non-cash income tax expense of $168.4 million due to the impact of the Federal Tax Cut and Jobs Act in the corporation’s U.S. deferred tax asset.
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Census Bureau: PR’s median household income drops 4% in last 5 years
December 8, 2017
Puerto Rico’s median household income dopped by 4 percent from 2012 to 2016, when it stood at $19,606, in comparison to the $20,403 on record for the prior five-year period, according to the U.S. Census Bureau’s Puerto Rico Community Survey.
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Popular Inc. loses $75.5M in 3Q17 due to hurricanes
November 1, 2017
Popular Inc. reported a net income of $20.7 million for the third quarter ended Sept 30, 2017, compared to a net income of $96.2 million for the quarter ended June 30, 2017.
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