Puerto Rican Bank Rises Amid Island's Debt Woes

October 2015
Investors Business Daily;10/9/2015, pB10
The article focuses on the growth of Banco Popular de Puerto Rico despite the debt load and recession experienced by Puerto Rico. Topics discussed include the increase of the earnings per share (EPS) of the bank since 2010, the bank's percentage of commercial loans and residential mortgages, and the good performance of its stocks.


Related Articles

  • Popular Inc. reports flat results for 1Q 07. Carmona, Jose L. // Caribbean Business;4/26/2007, Vol. 35 Issue 16, p11 

    The article reports that Popular Inc., a financial holding company of Banco Popular, released its unaudited operational results for the quarter ended March 31, 2007 (1Q 07) in Puerto Rico. The company accounted its net income for 1Q 07 of $118.6 million. Basic and diluted earnings per share...

  • Popular to sell $45 million in commercial loans Dec. 9. Carmona, José L. // Caribbean Business;12/4/2008, Vol. 36 Issue 48, p6 

    The article reports that Garnet Capital Advisors LLC is selling $45 million worth of commercial loans from Banco Popular de Puerto Rico Inc. on December 9, 2008. Esteban Fernández, representative at Garnet Capital, says that the 56 subperforming and nonperforming commercial loans are secured...

  • DBIF model portfolios.  // DRIP Investor;Aug2006, Vol. 15 Issue 8, p6 

    The article offers information on the stocks of Banco Popular de Puerto Rico (BPOP), a Puerto Rico-based bank. The shares of BPOP have not attracted much investment. In fact, the selling of the bank's shares is continuing. The factors behind the poor business of the bank's shares include poor...

  • WEEKLY COMMENT ON PUERTO RICO STOCKS. Miñana, Luis E. // Caribbean Business;4/7/2005, Vol. 33 Issue 13, p10 

    Reports on the stock market performance of several businesses in Puerto Rico, as of April 7, 2005. Eurobank's receipt of an "Outperform" recommendation from investment firm, Keith Bruyette and Woods; R-G Financial's target price at Pyper Jaffrey; Banco Popular's agreement with Shea Stadium to...

  • Big Dividend Hike At Popular.  // DRIP Investor;Jun2003, Vol. 12 Issue 6, p7 

    Focuses on reasons for the increase in dividends of Banco Popular SA. Company profile of Banco; Description of dividends issued by the company.

  • 'Echar Pa'lante'...on ward and forward with its mission. BELAVAL DÍAZ, MARIO // Caribbean Business;7/3/2014, Vol. 42 Issue 25, p39 

    The article reports on the continued success of Puerto Rico-based banking firm Banco Popular de Puerto Rico's Echar Pa'lante initiative which promotes economic progress by entrepreneurship and education. It provides a background of the initiative which was launched in August 2011 to transform...

  • Island wide Logistics adds 40,000 square feet to Guaynabo warehouse. Martinez, Marialba // Caribbean Business;12/2/2004, Vol. 32 Issue 50, p45 

    Reports on the expansion of the warehouse of Islandwide Logistics in Guaynabo, Puerto Rico. Need of the company to offer supply chain solutions to new clients; Amount investment by the firm for the expansion; Loan granted by the Puerto Rico Economic Development Bank and Banco Popular de Puerto...

  • TOP STORIES OF PUERTO RICO.  // Caribbean Business;10/6/2011, Vol. 39 Issue 39, p72 

    The article offers business-related news briefs in the Puerto Rico. Banco Popular de Puerto Rico has completed the sale of an about 358 million dollars portfolio of commercial real-estate loans to joint ventures. The U.S. Government Accountability Office (GAO) will study the country's Jones Act...

  • Islandwide Logistics to expand services and add new technology with $3 million loan. Martinez, Marialba // Caribbean Business;6/10/2004, Vol. 32 Issue 25, p44 

    Reports on Islandwide Logistics' plan to expand services and add new technology through a loan from the Economic Development Bank for Puerto Rico and Banco Popular. Worth of the loan; Potential benefit of the loan to the company.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics