Major Rating Factors:
An analysis of stability tests since inception including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.0).
Other Rating Factors:
Good liquidity 5.2, driven by a liquidity ratio of 61.1 percent and a “hot money” ratio of 14.6 percent. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (9.4).
Asset Mix:
Cash (42%), securities (17%), comm re (16%), comm loans (16%), home mtgs (3%), other (7%)
States with Branches:
PR
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
Nave Holdings Inc.
Investment Rating
--
Address
1608 Ponce de León Avenue
San Juan, PR 00909
San Juan, PR 00909
Phone Number
(787) 802-8282
Year Founded
2023
FDIC Number
Website
Largest Affiliates
No affiliate information available.