Popular Inc - Company Profile
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Popular Inc (Popular) is a bank holding company, which offers banking and other related financial solutions. Adequate capital, asset quality, and non-interest income are a few of its strengths; even as its geographic concentration could be a major cause for concern. The growing market for payment channels, strategic initiatives, and the emergence of fintech could provide significant growth opportunities. However, risks related to online identity theft and hacking, regulatory requirements, and the emergence of neobanks may impact the business performance of Popular.
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