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BPOP - Popular, Inc. ()

Overview

Company Summary


Popular, Inc. is a financial services company that primarily operates in Puerto Rico and the mainland United States. It is the parent company of Banco Popular de Puerto Rico, a leading commercial bank in Puerto Rico, and Popular Bank, a community bank based in New York, New Jersey, and Florida. Popular also has various subsidiaries engaged in activities such as mortgage banking, consumer finance, and investment banking.

The company offers a wide range of financial products and services to individuals, businesses, and institutional clients. These include traditional banking services like checking and savings accounts, loans, mortgages, and credit cards. Popular also provides wealth management and investment advisory services to help individuals and businesses plan and manage their finances. Its investment banking division offers services such as capital raising, corporate finance, and mergers and acquisitions advice.

Popular, Inc. caters to a diverse customer base, including retail customers, small and medium-sized businesses, corporate clients, and government entities. It has a strong presence in Puerto Rico, serving as a cornerstone of the island's financial system. In the mainland United States, Popular Bank focuses on serving the Hispanic community and providing customized banking solutions to businesses and individuals.

Overall, Popular, Inc. operates as a comprehensive financial services company, offering a wide range of banking, lending, investment, and wealth management services to individuals and businesses in both Puerto Rico and the mainland United States.

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