Company
Popular, Inc.
Headquarters: Hato Rey, PR, United States
Founded: October 5, 1893
Employees: 8,351
CEO: Mr. Ignacio Alvarez Esq.
Market Cap
$5.85 Billion
USD as of Jan. 1, 2024
Popular, Inc. Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
| Company | Market Cap (USD) |
|---|---|
| HDFC Bank | $167.72 B |
| China Merchants Bank | $98.57 B |
| Al Rajhi Banking and Investment Corp | $93.33 B |
| ICICI Bank Limited | $83.47 B |
| BNP Paribas SA | $80.01 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit. It also offers commercial and industrial, commercial multi-family, commercial real estate, and residential mortgage loans; consumer loans, including personal loans, credit cards, automobile loans, home equity lines of credit, and other loans to individual borrowers; construction loans; and lease financing comprising automobile loans/leases. In addition, the company provides investment banking, auto and equipment leasing and financing, broker-dealer, and insurance services; debit cards; and online banking services. As of December 31, 2021, it operated 169 branches; and 616 ATMs in Puerto Rico, 23 ATMs in the Virgin Islands, and 91 ATMs in the United States Mainland. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.
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Stocks & Indices
Popular, Inc. has the following listings and related stock indices.
Stock: NASDAQ: BPOP wb_incandescent
Stock: OTC: BPOPO wb_incandescent
Product & Services
BankingChecking AccountsInsuranceStock brokerageInvestment BankAsset-Based LendingConsumer finance
Key People
Richard Carrión (Executive chairman) Ignacio Alvarez Esq. (CEO, President & Director)
Financials
Revenue: US$ 1.93 billion (2016)
Operating income: US$ 215.5 million (2016)
Net income: US$ 216.6 million (2016)
Total assets: US$ 38,661,609,000 (2016) US$ 35,761,733,000 (2015)