Popular Inc. reports lower Q3 earnings amid rising loan growth, provision costs
October 24, 2024
The rise in provisions was largely driven by loan growth and changes in credit quality trends, particularly in the auto loan segment. #NewsismyBusiness
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High-ranking execs earn accolades, promotions on- and off-island
October 7, 2024
This edition of Climbing the Corporate Ladder features notable appointments in health insurance, hospitality, banking and advertising, including some from outside Puerto Rico. #NewsismyBusiness
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Popular Inc. reports $178M in Q2 net income, up $26M YoY
July 25, 2024
The financial institution also saw quarter-over-quarter growth, as it reported $103.3 million for the quarter ended March 31, 2024. #NewsismyBusiness
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‘Smooth sailing’ for Popular Campus development in Hato Rey
June 4, 2024
Construction of the Popular Campus complex in Hato Rey entails a $300 million investment. #NewsismyBusiness
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AM Best affirms credit ratings of Popular Life Re
May 10, 2024
The outlook of these Credit Ratings is stable, AM Best stated. #NewsismyBusiness
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SBA recognizes local entrepreneurs, banks during National Small Business Week
May 6, 2024
The event also served as a framework to highlight the work of the island’s financial institutions. #NewsismyBusiness
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Popular Inc. reports $103M in net income for Q1, down $55M Y-O-Y
April 24, 2024
The latest results include an after-tax impact of $9.1 million related to the FDIC Special Assessment in November 2023. #NewsismyBusiness
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Popular Inc. reports $541M in net income in 2023, $94.6M in 4Q
January 26, 2024
Popular Inc. CEO Ignacio Álvarez confirmed that the Apple Pay service will finally become available in Puerto Rico this year. #NewsismyBusiness
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Amid bank mergers, a global economic recession, sector going strong in Puerto Rico
December 28, 2023
Long-standing CEOs delve into topics such as the future of the banking sector and their forecasts for industry development. #NewsismyBusiness
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Popular Inc. reports $136M in net income for third quarter
October 27, 2023
The most recent quarter includes an after-tax goodwill impairment charge in the bank’s U.S.-based equipment leasing subsidiary of $16.4 million. #NewsismyBusiness
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Echar Pa’ Lante launches entrepreneurship project in K-12 schools
August 16, 2023
The initiative is promoted by Popular and is backed by experts from the Echar Pa'Lante Multisector Alliance. #NewsismyBusiness
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Popular Inc. reports 2Q net income of $151.2M
July 27, 2023
“We are encouraged by the resiliency of the U.S. economy and sustained economic activity in Puerto Rico,” said Popular Inc. CEO Ignacio Álvarez. #NewsismyBusiness
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First BanCorp, Popular Inc. release corporate sustainability reports
June 27, 2023
The banks detailed their efforts to positively impact their employees, customers and communities. #NewsismyBusiness
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Popular Inc. reports net income drop in 1Q23 due to deferred tax asset
April 27, 2023
In the report, Popular Inc. confirmed net interest income of $531.7 million in the most recent quarter, compared to $494.3 million for the same year-ago period. #NewsismyBusiness
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Popular, Ironhack partner to launch accelerator program in Puerto Rico, Fla.
April 19, 2023
The initiative seeks to invest in the next generation of technology professionals through a Software Engineering Associates Program to create digital banking applications. #NewsismyBusiness
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