SAP Puerto Rico and Caribbean became the company’s fastest growing region in Latin America with a 108 percent growth in revenue from software sales during the first quarter of 2012.
Doral Financial Corp. reported net income of $2.6 million for the quarter ended Mar. 31, which reflected a 21.2 percent drop in comparison to the $3.3 million reported for the same year-ago quarter.
A combination of strong growth in deposits and loans drove BBVA Puerto Rico’s first quarter results, which reflected an $8.6 million net profit for the period, up 42.4 percent year-over-year, the bank disclosed Wednesday.