Popular's Net Income Declines as Mortgage Securities Trading Falls

July 2006
National Mortgage News;7/24/2006, Vol. 30 Issue 41, p18
Trade Publication
The article reports on the net income of Popular Inc., a Puerto Rico-based a banking and mortgage firm for the second quarter in the U.S. The banking and mortgage firm reveals that the company's net income is decreasing as well as its earnings per share. However, there is a non-interest income increase in the second quarter of 2006 which rose by $26.4 million.


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