Popular Inc - Company Profile
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Business Description
Popular Inc (Popular) is a provider of commercial and retail banking products, investment and insurance, and other related financial solutions to individuals, SMEs, corporates, and high-net-worth clients primarily in Puerto Rico, New York, New Jersey, Florida, and the Virgin Islands, in the US. As of December 31, 2022, it had total assets of US$67,637.9 million, total deposits of US$61,227.3 million, and net loans of US$31,350.6 million.
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Business Segments
Overview
Provides retail, consumer, and commercial banking services through its New York branch. Offers loans through Popular Mortgage and Popular Auto. Also provides asset management, insurance and reinsurance brokerage and investment banking through Popular Asset Management, Popular Securities, Popular Risk Services, Popular Insurance, Popular Re, and PopularLife Re.
Performance
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Overview
Includes Popular International Bank, Popular North America, and certain of the corporation’s investments.
Performance
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Overview
Provides a range of banking and related financial solutions in the mainland US through its branches in New Jersey, New York, and Florida under the brand name, Popular Bank. Provides investment and insurance solutions through Popular Insurance Agency, U.S.A.; online loan origination through E-Loan Inc; and equipment financing through Popular Equipment Finance Inc.
Performance
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Geographical Segments
Target Markets
The British Virgin Islands.
Performance
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Performance
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Target Markets
Operations in New Jersey, New York, and Florida.
Performance
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