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.
BBVA Puerto Rico revealed its annual results Tuesday, reporting $32 million in net income for the 12-month period ended Dec. 31, 2011, equivalent to a 384.3 percent year-over-year growth.
Popular Inc. sailed through its third consecutive quarter on the positive side, reporting $27.5 million in net income for the three-month period ended Sept. 30. The results were fueled by the sale of its non-performing ...