SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”)
(NASDAQ:BPOP) reported a net loss of $102.2 million for the quarter
ended December 31, 2017, compared to a net income of $20.7 million for
the quarter ended September 30, 2017, reflecting a non-cash income tax
expense of $168.4 million during the quarter, due to the impact of the
Federal Tax Cut and Jobs Act in the Corporation’s U.S. deferred tax
Continuing its support in offering solutions to their commercial clients, Popular has established seven orientation centers throughout the island after the passing of hurricane Maria. Experts in the offerings of the SBA Relief Program and other financing options are available at the centers. At the same time, the centers are also designed to facilitate access to services such as Web Cash Manager, Mi Banco Comercial and other commercial services.The centers are open Monday thru Friday from 9:00more...
Popular announced today the launch of “Embracing Puerto Rico,” a new relief effort for the victims of Hurricane Maria and the opening of a new bank account to help those impacted by Hurricane Maria. Popular, Inc. is donating $1M to the account. Donations can be made using account number 030-043-069 or Popular Community Bank Account number 6810964434. "Puerto Rico was severely hit by Hurricane Maria, and Popular is fully committed to being a part of its reconstruction. The coming,more...
Popular holds its position as leader of private banking for Small Business Administration Popular holds its position as leader of private banking for Small Business Administration (SBA). For its production on guaranteed loans, Popular was recognized with the Gold Award during, the highest award during this edition. The award is in recognition of the 427 guaranteed loans under 7ª program, for a total of $39.5MM during federal fiscal year 2016. In addition, Popular had amore...
Banco Popular now offers ePayroll, a new service for the benefit of its commercial customers. The services is provided exclusively for clients registered in the My Commercial Bank (Mi Banco Comercial) platform.This new service allows commercial customers to pay their payroll electronically, saving them time, money and making the process more accessible, secure and agile. This with the convenience of making payments from any computer or smart phone with internet access, at all times.ePayrollmore...
Popular announced the launch of its redesigned educational portal for business owners. The Popular Business Education Center, as it is called, offers articles and videos on five key subjects: Start your business, Technology, Human Resources, Finances, and Marketing. Clients from Popular, as well as the general public, may access the educational portal at popular.com/business-education. The topics and videos hosted at the Popular Business Education Center take into account the informationmore...
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--The first and second bullets, second line should read ...payable on
August 31, 2016,... (instead of ...payable on September 1, 2016,...).
The corrected release reads:
POPULAR, INC. DECLARES DIVIDENDS ON PREFERRED STOCK, ANNOUNCES
DISTRIBUTION ON TRUST PREFERRED SECURITIES
Popular, Inc. (NASDAQ:BPOP) announced today that it has declared the
following monthly cash dividends on its outstanding shares of
As part of its efforts to promote entrepreneurship and the economic development of Puerto Rico, Popular announced the results of the first edition of the StartUp Popular program. The information was released during a networking event organized for the 28 customers whose proposals met the program requirements. Ignacio Alvarez, president and chief operating officer of Popular, and Eli Sepulveda, executive vice president of Commercial Credit for the bank, took part in the event. Formore...
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