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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First BanCorp. reports $82M net income in 3Q, up 10% Y-O-Y
October 23, 2023
The bank also reported quarter-over-quarter growth. #NewsismyBusiness
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OFG Bancorp reports core revenue growth in 3Q, driven by digital strategy
October 23, 2023
The bank’s digital strategy has gained traction, while it continues to grow its branch network. #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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OFG Bancorp earns $46M; CEO says one of best 1Q in a long time
April 21, 2023
“We’re seeing an ongoing improvement, and Puerto Rican clients, our customers, are very well-positioned from the standpoint of their liquidity, as well as businesses,” OFG CEO José Rafael Fernández said. #NewsismyBusiness
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Evertec Inc. reports 5% Y-O-Y revenue increase to $618.4M in ’22
February 24, 2023
The company reported 4% growth to $161.8 million for the fourth quarter ended on the same date.
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Hurricane Fiona cost Liberty Puerto Rico $12M in 3Q22
November 9, 2022
The Category-1 storm hit at the tail-end of the quarter, on Sept. 18, causing island wide power outages that interrupted service.
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Oriental Bank reports $157M in 3Q22 revenue, up $22M Y-O-Y
October 21, 2022
The bank's CEO urged the public sector to "execute" to rebuild Puerto Rico's infrastructure.
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Popular Inc. reports $211.4M in 2Q22 net income
July 29, 2022
The recent result was down from the $218 million on record for the same year-ago period.
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First BanCorp. reports net income of $74.7M for 2Q22
July 25, 2022
The bank reported growth in several segments.
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Oriental CEO: ‘Puerto Rico should not experience a recession’
July 22, 2022
The banking executive recognized the challenges affecting the island, such as skyrocketing electricity costs and the increase in cost of living.
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Liberty Puerto Rico reports $369.3M in 1Q22 revenue
May 5, 2022
Liberty Puerto Rico's quarterly results remained steady YoY.
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FirstBank CEO: ‘It’s Puerto Rico’s time to achieve economic growth’
April 29, 2022
First quarter results included $11.3 million in merger and restructuring in connection the bank's acquisition of Banco Santander.
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Popular Inc. reports $212M in 1Q22 net income, down $51M from 2Q21
April 27, 2022
The most recent quarter is compared to the last quarter of 2021, when Popular Inc. reported net income of $206.1 million.
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Oriental Bank reports $136.4M in 1Q22 revenue, up 7% Y-O-Y
April 22, 2022
OFG CEO José Rafael Fernández said the financial institution had a “solid quarter."
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