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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.
Banking, Featured
Popular Inc. sells all shares in Evertec for $220M
Michelle Kantrow-Vázquez August 16, 2022

Popular will report an after-tax gain of approximately $131 million.

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Popular Re, which launched in 2022, is integral to Popular Inc.’s risk management strategy, providing reinsurance for various property and casualty lines.
Banking, Featured
Popular Inc. reports $211.4M in 2Q22 net income
Michelle Kantrow-Vázquez July 29, 2022

The recent result was down from the $218 million on record for the same year-ago period.

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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.
Banking, Featured
$15M Popular Impact Fund to support new businesses
Contributor July 20, 2022

The fund's investments will range from $250,000 to $1 million in companies from the seed stage to pre-IPO.

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