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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Popular, UPR present Global Entrepreneurship Monitor study
April 3, 2023
The study’s Early Business Activity Index increased from 14.9% in 2020 to 20.4% in 2022, increased from 14.9% in 2020 to 20.4% in 2022, indicating “notable growth” in the percentage of new companies or startups for 2023. #NewsismyBusiness
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