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
The bank also reported net income of $257.1 million for the quarter ended Dec. 31, 2022.
Excluding the effects of that transaction, Popular Inc.’s net income for the quarter would have been $195.8 million.