Banco Popular de Puerto Rico
San Juan, Puerto Rico, San Juan County
$63.3B in total assets, the 47th largest of 4,309 US banks and 1st of 4 headquartered in Puerto Rico.
- FDIC certificate
- 34968
- Established
- 1999
- Owned by
- Popular Inc
- Primary regulator
- FED
- Website
- www.popular.com
At a glance
Compared with 132 US banks with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $63.3B | 89% | $22.4B | |
| Loans | $27.9B | 82% | $14.4B | |
| Deposits | $58.7B | 94% | $18.0B | |
| Return on assets | 1.28% | 49% | 1.30% | |
| Net interest margin | 3.95% | 74% | 3.61% | |
| Efficiency ratio | 56.3% | 59% | 55.1% | |
| Equity to assets | 6.37% | 2% | 11.60% | |
| Loans to deposits | 48% | 4% | 87% |
Growth
Total assets grew 0.4% a year over the last 5 years and 8.1% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2015 | Doral Bank San Juan, PR | $5.9B |
| Apr 2010 | Westernbank Puerto Rico Mayaguez, PR | $10.8B |
| Jul 1997 | Roig Commercial Bank Humacao, PR | $790M |
| Jun 1992 | American Savings Bank White Plains, NY | $3.2B |
| May 1986 | Banco de Ahorro, F.S.B. Mayaguez, PR | $34M |
| May 1984 | Washington National Bank of Chicago Chicago, IL | $14M |
| Dec 1983 | Union Trust Company San Juan, PR | n/a |
Where they operate
164 branches in 79 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| San Juan County, PR | $38.5B | 68.5% | 1 of 6 |
| Bayamon County, PR | $1.7B | 51.4% | 1 of 3 |
| Carolina County, PR | $1.5B | 59.9% | 1 of 3 |
| Guaynabo County, PR | $1.4B | 48.3% | 1 of 3 |
| Caguas County, PR | $1.2B | 57.8% | 1 of 3 |
| Ponce County, PR | $1.2B | 51.3% | 1 of 3 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 21 branches since 2016 (185 to 164, −11.4%). 1 opened, 0 acquired, 22 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 185 | |||
| 2016 | Closed Aguadilla | 0 | 1 | −1 | 184 |
| 2017 | Closed 3 in Puerto Rico | 0 | 3 | −3 | 181 |
| 2018 | Closed 7 in Puerto Rico | 0 | 7 | −7 | 174 |
| 2019 | Opened San Juan | 1 | 0 | +1 | 175 |
| 2020 | Closed Isabela | 0 | 1 | −1 | 174 |
| 2021 | Closed San Juan | 0 | 2 | −2 | 172 |
| 2022 | Closed Guaynabo | 0 | 1 | −1 | 171 |
| 2023 | Closed 5 in 2 states | 0 | 5 | −5 | 166 |
| 2026 through Q2 | Closed San Juan and Yauco | 0 | 2 | −2 | 164 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 27% | 21% | |
| Consumer | 25% | 9% | |
| Commercial real estate | 16% | 25% | |
| Business (C&I) | 15% | 17% | |
| Construction and land | 2% | 6% | |
| Multifamily | 1% | 8% | |
| Other | 14% | 13% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 67% | 62% | |
| Noninterest-bearing | 24% | 20% | |
| Time deposits | 9% | 18% |
Brokered deposits are 0.1% of deposits (peers 7.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.84% | 0.63% |
| Net charge-offs, annualized | 1.16% | 0.14% |
| Reserves to loans | 2.48% | 1.14% |
| Leverage ratio | 7.53% | 10.26% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Puerto Rico
Largest competitors in San Juan County, PR
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banco-popular-de-puerto-rico