Third Quarter 2017 Popular, Inc. SNAPSHOT
[Pages:1]Popular, Inc.
SNAPSHOT
Third Quarter 2017
POPULAR 124 YEARS OF SERVICE
Founded in 1893, Popular, Inc. (NASDAQ: BPOP) is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands.
Popular, Inc. is the largest banking institution by both assets and deposits in Puerto Rico and in the United States ranks among the 50 largest banks and thrifts by total assets.
The institution's operations include:
Banco Popular de Puerto Rico (BPPR) ? With branches in Puerto Rico and the Virgin Islands, Popular offers retail and commercial banking services, as well as auto and equipment leasing and financing, mortgage loans, insurance, investment banking and broker-dealer services.
Banco Popular North America (BPNA) ? In the U.S., Popular's BPNA has established a community-banking franchise that does business as Popular Community Bank in Florida, New Jersey and New York, providing a broad array of financial services for businesses and consumers, including lending, cash management, consumer finance, mobile banking and mobile check deposit.
Popular, Inc. at a Glance
As of September 30, 2017
Puerto Rico1 United States Virgin Islands
No. of Branches / Offices
168 / 200 50 / 51 9 / 10
227 / 261
Employees
6,915 674 198
7,787
Assets
$32.5 billion $9.3 billion $0.8 billion
$ 42.6 billion
1 Includes P.R. subsidiaries, corporate and Popular International Bank
Popular, Inc. Capitalization & Reserves
Minimum
For Well-
Q3 2017 Q2 2017 Q3 2016 Capitalized
Capital Ratios
Common Equity Tier 1 Tier 1 Capital Total Capital
(in millions)
16.63% 16.63% 19.62%
16.68% 16.68% 19.66%
16.64% 16.64% 19.65%
6.5%1 1 8%
10%
Common Equity Tier 1 Tier 1 Capital
Total Capital
$4,165 4,165 4,913
$4,175 4,175 4,922
$4,122 4,122 4,867
Allowance for Loan Losses $647 1 Under the Basel III capital rules.
$540
$556
Q3 2017 HIGHLIGHTS
? Popular reported third-quarter net income of $20.7 million, reflecting $79.4 million in hurricane-associated expenses and an income tax benefit of $20.0 million.
? Popular mobilized to help severely impacted communities through Fundaci?n Banco Popular and the Popular Community Bank Foundation, its philanthropic arms. The bank launched the Embracing Puerto Rico effort, seeded the fund with a $1.1 million donation and has obtained additional funds thanks to the generosity of partners, suppliers and friends. Popular also contributed to "Unidos por Puerto Rico", a fundraising campaign spearheaded by Puerto Rico's First Lady and were one of two sponsors of the "Somos Una Voz" concert that has raised over $35 million for earthquake victims in Mexico and hurricane victims in Texas, Florida, Puerto Rico and the Caribbean.
? One week after Hurricane Mar?a and as Puerto Rico had Island-wide communication and electrical outages, Popular had 53 of 168 branches and 150 of 635 ATMs up and running, as well as all digital channels.
New York & New Jersey Regions
39 branches
USA1
ATMs: 108
Florida
11 branches
1 Popular Community Bank customers have surcharge-free withdrawal access to 55,000 ATMs worldwide when using their MasterCard? Debit Card at Allpoint? ATMs as part of a partnership with ATM National, LLC.
Puerto Rico
168 branches ATMs: 633
Virgin Islands
9 branches ATMs: 20
Related web sites for additional information
Popular, Inc. shareholders:
Puerto Rico economy: gdb- progreso
U.S. economy:
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