Major Rating Factors:
A current level of 5.5 percent of nonperforming loans to core capital combined with 4.6 percent from a year earlier contributes to the Fair asset quality (4.4). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.4 has resulted in Fair (3.1) profitability.
Other Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 11.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10).
Asset Mix:
Comm re (27%), cash (11%), home mtgs (9%), securities (7%), comm loans (2%), consumer loans (1%), other (42%)
States with Branches:
FL, NJ, NY
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Popular, Inc.
Investment Rating
Address
85 Broad Street
New York, NY 10004
New York, NY 10004
Phone Number
(212) 417-6890
Year Founded
1961
FDIC Number
Website
Largest Affiliates
San Juan, PR
-
Bank