Banco Popular De Puerto Rico Mortgage Rates, Fees & Info

San Juan,

LEI: OJH4M4RQMT1WXN2BNC32

Tax ID: 66-0561870

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Banco Popular De Puerto Rico is a smaller mortgage company specializing in Home Purchase loans. Banco Popular De Puerto Rico has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: San Juan, Aguadilla, San GermÁn, Ponce, and Arecibo among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Banco Popular De Puerto Rico has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Banco Popular De Puerto Rico is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.04% 4/21/24
    30 Year Conventional Refi 7.03% 4/21/24
    30 Year Cash-out Refi 6.93% 4/21/24
    30 Year FHA Purchase 6.80% 4/21/24
    30 Year FHA Refi 6.77% 4/21/24
    30 Year VA Purchase 6.01% 4/21/24
    30 Year VA Refi 5.93% 4/21/24
    30 Year USDA Purchase 6.28% 4/21/24
    30 Year USDA Refi 6.53% 4/21/24
    15 Year Conventional Purchase 6.33% 4/21/24
    15 Year Conventional Refi 6.35% 4/21/24
    15 Year Cash-out Refi 6.35% 4/21/24
    15 Year FHA Purchase 6.81% 4/21/24
    15 Year FHA Refi 6.99% 4/21/24
    15 Year VA Purchase 6.89% 4/21/24
    15 Year VA Refi 6.20% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Banco Popular De Puerto Rico Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Banco Popular De Puerto Rico. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    2,983

    Origination Dollar Volume (All Markets)

    $513,915,000

    Employee count

    7,037 Show all (37) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    SAN JUAN-BAYAMÓN-CAGUAS, PR (FHA|USDA|VA) 2,105 $416,635,000 $197,926 $5,578 4.17%
    AGUADILLA-ISABELA, PR (FHA|USDA|VA) 214 $26,130,000 $122,103 $4,492 3.85%
    SAN GERMÁN, PR (FHA|USDA|VA) 176 $20,100,000 $114,205 $4,698 4.10%
    PONCE, PR (FHA|USDA|VA) 171 $17,175,000 $100,439 $4,468 3.99%
    Arecibo, PR (FHA|USDA|VA) 96 $9,610,000 $100,104 $4,077 3.92%
    MAYAGÜEZ, PR (FHA|USDA|VA) 74 $8,350,000 $112,838 $4,086 4.11%
    YAUCO, PR (FHA|USDA|VA) 43 $5,375,000 $125,000 $4,584 4.17%
    GUAYAMA, PR (FHA|USDA|VA) 38 $3,060,000 $80,526 $4,723 4.33%
    Coamo, PR (FHA|USDA|VA) 24 $2,450,000 $102,083 $4,478 3.66%
    Outside of Metro Areas 12 $2,350,000 $195,833 $4,677 4.65%
    Santa Isabel, PR (FHA|USDA|VA) 16 $1,630,000 $101,875 $4,880 3.84%
    Coco, PR (FHA|USDA|VA) 13 $975,000 $75,000 $3,523 4.07%
    Jayuya, PR (FHA|USDA|VA) 1 $75,000 $75,000 $3,965 3.50%
    Banco Popular De Puerto Rico's top markets include San Juan, Aguadilla, San GermÁn, Ponce, and Arecibo among others.

    Their top states include:
  • Puerto Rico (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Banco Popular de Puerto Rico based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC.
    Similarity Rank: 24
    Cooperativa de Ahorro y Credito de Rincon
    Similarity Rank: 50
    Cooperativa De Credito Y Ahorro San Jose
    Similarity Rank: 56
    COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA
    Similarity Rank: 86
    Cooperativa Ahorro y Credito Aguadilla
    Similarity Rank: 141
    COOPERATIVA DE CREDITO LA SAGRADA FAMILIA
    Similarity Rank: 172
    BANCO SANTANDER PUERTO RICO
    Similarity Rank: 184
    Cooperativa A/C Oriental
    Similarity Rank: 204
    LATIN AMERICAN FINANCIAL CORPORATION
    Similarity Rank: 335
    MULTIPLES MORTGAGE CORPORATION
    Similarity Rank: 396

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,800 $347,360,000 $192,978 $5,135 4.47%
    FHA 741 $106,375,000 $143,556 $5,961 3.62%
    USDA 281 $33,045,000 $117,598 $4,040 3.54%
    VA 161 $27,135,000 $168,540 $5,327 3.55%

    For 2019, Banco Popular De Puerto Rico's most frequently originated type of loan was Conventional, with 1,800 originations. Their 2nd most popular type was FHA, with 741 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,230 $369,940,000 $165,892 $5,586 4.11%
    Cash Out Refi 445 $71,045,000 $159,652 $4,307 4.12%
    Refi 202 $47,480,000 $235,050 $4,529 4.07%
    Other 59 $21,835,000 $370,085 $3,749 4.52%
    Home Improvement 47 $3,615,000 $76,915 $3,033 4.41%

    For 2019, Banco Popular De Puerto Rico's most frequently cited loan purpose was Home Purchase, with 2,230 originations. The 2nd most popular reason was Cash Out Refi, with 445 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,375 $390,705,000 $164,507 $4,888 4.13%
    15 Year 420 $52,530,000 $125,071 $4,641 3.73%
    20 Year 75 $6,935,000 $92,467 $3,084 4.81%
    10 Year 56 $4,120,000 $73,571 $3,430 4.38%
    Other 41 $8,015,000 $195,488 $31,915 5.08%
    30+ year 10 $19,870,000 $1,987,000 $50,143 6.05%
    5 Year 5 $31,485,000 $6,297,000 $0 6.53%
    3 Year 1 $255,000 $255,000 $0 7.50%

    For 2019, Banco Popular De Puerto Rico's most frequently cited loan duration was 30 Year, with 2,375 originations. The 2nd most popular length was 15 Year, with 420 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,662 $285,480,000 $171,769
    $1k-2k 535 $57,435,000 $107,355
    $2k-3k 359 $42,115,000 $117,312
    $3k-4k 188 $27,830,000 $148,032
    $5k+ 125 $34,485,000 $275,880
    $4k-5k 85 $14,505,000 $170,647

    Banco Popular De Puerto Rico's average total fees were $4,888, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,662 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,163 $171,735,000 $147,666
    4-5% 929 $146,755,000 $157,971
    5-6% 411 $102,795,000 $250,109
    2.5-3% 396 $58,050,000 $146,591
    6-7% 38 $10,660,000 $280,526
    <2.5% 33 $4,795,000 $145,303
    7-8% 8 $18,260,000 $2,282,500
    Over 8% 5 $865,000 $173,000

    During 2019, Banco Popular De Puerto Rico's average interest rate for loans was 4.13%, while their most frequently originated rate bucket for loans was 3-4%, with 1,163 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 1,243 $169,855,000 $136,649 $4,972 3.90%
    $100,000 or less 1,214 $88,020,000 $72,504 $3,639 4.35%
    $200k-400k 402 $106,030,000 $263,756 $9,337 3.93%
    $400k-600k 71 $33,755,000 $475,423 $9,045 4.43%
    $1MM+ 28 $97,370,000 $3,477,500 $17,602 5.27%
    $600k-1MM 25 $18,885,000 $755,400 $9,239 5.03%

    2019 saw Banco Popular De Puerto Rico place emphasis on $100k-200k loans with 1,243 originations, totaling $169,855,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 1,300 $119,830,000 $92,177 $4,202 4.13%
    $50k-75k 500 $66,200,000 $132,400 $4,683 3.97%
    $100k-150k 324 $59,330,000 $183,117 $6,935 4.07%
    $75k-100k 321 $49,355,000 $153,754 $5,512 4.05%
    $150k-250k 199 $47,125,000 $236,809 $7,029 4.24%
    $250k+ 161 $96,935,000 $602,081 $10,532 4.62%

    Banco Popular De Puerto Rico lent most frequently to those with incomes in the $50k or less range, with 1,300 originations. The second most popular income band? $50k-75k, with 500 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 733 $101,795,000 $138,874 $4,664 4.03%
    30-36% 591 $88,175,000 $149,196 $5,864 4.13%
    <20% 265 $59,235,000 $223,528 $5,243 4.13%
    42% 146 $22,810,000 $156,233 $5,437 4.17%
    40% 122 $23,450,000 $192,213 $5,549 4.14%
    41% 113 $15,695,000 $138,894 $4,320 4.18%
    36% 112 $15,710,000 $140,268 $4,649 4.26%
    37% 106 $15,040,000 $141,887 $4,030 4.12%
    50-60% 105 $18,815,000 $179,190 $6,456 3.82%
    39% 100 $14,000,000 $140,000 $4,761 4.38%
    38% 97 $13,045,000 $134,485 $4,547 4.18%
    44% 77 $12,235,000 $158,896 $5,105 4.04%
    43% 73 $10,515,000 $144,041 $5,134 3.90%
    46% 72 $15,140,000 $210,278 $6,525 4.32%
    45% 72 $10,710,000 $148,750 $5,123 4.12%
    47% 59 $8,485,000 $143,814 $9,028 4.03%
    49% 57 $8,565,000 $150,263 $5,329 3.94%
    48% 52 $8,290,000 $159,423 $5,740 4.13%
    >60% 1 $95,000 $95,000 $4,475 3.00%

    Banco Popular De Puerto Rico lent most frequently to those with DTI ratios of 20-30%, with 733 originations. The next most common DTI ratio? 30-36%, with 591 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,641 $416,295,000 $157,628 $5,345 4.10%
    Not applicable 10 $49,390,000 $4,939,000 $4,994 6.62%
    Black 243 $26,645,000 $109,650 $3,973 4.32%
    Not provided 77 $15,895,000 $206,429 $5,559 4.01%
    Asian 8 $5,100,000 $637,500 $9,323 4.05%
    American Indian 4 $590,000 $147,500 $4,106 4.22%

    Approval Rates

    Total approvals of all applications
    87.60%

    Banco Popular De Puerto Rico has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.99%

    Banco Popular De Puerto Rico has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,983 $513,915,000 $172,281

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $47,830,000 $7,971,667
    Single Family (1-4 Units):Site-Built 2,977 $466,085,000 $156,562

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 61 $6,005,000 $98,443 $3,544 4.31%
    40-60% 227 $27,615,000 $121,652 $4,468 4.32%
    60-80% 814 $192,960,000 $237,052 $5,349 4.34%
    80-100% 1,840 $278,950,000 $151,603 $5,325 3.99%
    Over 100% 31 $7,075,000 $228,226 $7,519 4.33%
    Under 20% 10 $1,310,000 $131,000 $4,199 5.30%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    BANCO POPULAR DE PUERTO RICO Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 2.2%
    BANCO POPULAR DE PUERTO RICO Conventional home mortgage Closing on a mortgage 5 11.1%
    BANCO POPULAR DE PUERTO RICO Conventional home mortgage Incorrect information on your report 1 2.2%
    BANCO POPULAR DE PUERTO RICO Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 2.2%
    BANCO POPULAR DE PUERTO RICO Conventional home mortgage Struggling to pay mortgage 7 15.6%
    BANCO POPULAR DE PUERTO RICO Conventional home mortgage Trouble during payment process 12 26.7%
    BANCO POPULAR DE PUERTO RICO FHA mortgage Closing on a mortgage 3 6.7%
    BANCO POPULAR DE PUERTO RICO FHA mortgage Struggling to pay mortgage 4 8.9%
    BANCO POPULAR DE PUERTO RICO FHA mortgage Trouble during payment process 1 2.2%
    BANCO POPULAR DE PUERTO RICO Other type of mortgage Closing on a mortgage 3 6.7%
    BANCO POPULAR DE PUERTO RICO Other type of mortgage Struggling to pay mortgage 3 6.7%
    BANCO POPULAR DE PUERTO RICO Other type of mortgage Trouble during payment process 3 6.7%
    BANCO POPULAR DE PUERTO RICO VA mortgage Trouble during payment process 1 2.2%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Banco Popular de Puerto Rico #20 Munoz Rivera Caguas, PR 725 Full Service B&M $32,000
    Banco Popular de Puerto Rico 1 Calle Santiago Iglesias Maunabo, PR 707 Full Service B&M $24,000
    Banco Popular de Puerto Rico 1 Suau St. 2nd Floor Parque Suau Mayaguez, PR 680 Limited, Administrative $0
    Banco Popular de Puerto Rico 100 Roberto H. Todd Avenue Santurce, PR 907 Full Service B&M $259,000
    Banco Popular de Puerto Rico 1008 Avenue Americo Miranda San Juan, PR 921 Full Service B&M $102,000
    Banco Popular de Puerto Rico 1060 Ashford Avenue San Juan, PR 907 Full Service B&M $56,000
    Banco Popular de Puerto Rico 108 Honorio Hernandez Quebradillas, PR 678 Full Service B&M $81,000
    Banco Popular de Puerto Rico 108 Jose Calazan La Salle Street Moca, PR 676 Full Service B&M $107,000
    Banco Popular de Puerto Rico 11 Cuatro De Julio Street Orocovis, PR 720 Full Service B&M $90,000
    Banco Popular de Puerto Rico 1125 Munoz Rivera Avenue San Juan, PR 925 Full Service B&M $91,000
    Banco Popular de Puerto Rico 114 Avenue De Diego San Juan, PR 907 Full Service Retail $17,000
    Banco Popular de Puerto Rico 115 Calle Munoz Rivera Vieques, PR 765 Full Service B&M $40,000
    Banco Popular de Puerto Rico 12 Mateo Fajardo 14 Hormigueros, PR 660 Full Service B&M $35,000
    Banco Popular de Puerto Rico 1358 Ashford Avenue San Juan, PR 907 Full Service B&M $213,000
    Banco Popular de Puerto Rico 1451 F.D. Roosevelt Avenue San Juan, PR 920 Full Service B&M $203,000
    Banco Popular de Puerto Rico 15 Calle Mendez Vigo West Mayaguez, PR 680 Full Service B&M $151,000
    Banco Popular de Puerto Rico 1500 Ponce De Leon Avenue San Juan, PR 909 Full Service B&M $145,000
    Banco Popular de Puerto Rico 155 Carr , #6623 Int. Carr Morovis, PR 687 Full Service B&M $62,000
    Banco Popular de Puerto Rico 155 De Diego Street San Juan, PR 925 Full Service B&M $66,000
    Banco Popular de Puerto Rico 1565 Alda Street San Juan, PR 926 Full Service B&M $126,000
    Banco Popular de Puerto Rico 160 West Munoz Rivera Avenue Camuy, PR 627 Full Service B&M $86,000
    Banco Popular de Puerto Rico 17 West Parade-Punta Borinquen Aguadilla, PR 604 Full Service B&M $128,000
    Banco Popular de Puerto Rico 1812 Loiza Street San Juan, PR 911 Full Service B&M $79,000
    Banco Popular de Puerto Rico 19 Calle Juan R Garzot Naguabo, PR 718 Full Service B&M $36,000
    Banco Popular de Puerto Rico 19 Calle San Joaquin Adjuntas, PR 601 Full Service B&M $44,000
    Banco Popular de Puerto Rico 1900 Ponce De Leon Ave And Sagrado C San Juan, PR 910 Full Service B&M $51,000
    Banco Popular de Puerto Rico 193 Altona & Welgunst Charlotte Amalie, VI 802 Full Service B&M $503,000
    Banco Popular de Puerto Rico 2 Comercio Street Rincon, PR 677 Full Service B&M $56,000
    Banco Popular de Puerto Rico 20 Munoz Rivera Street Aguas Buenas, PR 703 Full Service B&M $45,000
    Banco Popular de Puerto Rico 20 Muqoz Rivera Esq. Ruiz Belvis 2nd Floor Caguas, PR 725 Limited, Administrative $0
    Banco Popular de Puerto Rico 201 Avenue De Diego Suite 90 San Juan, PR 927 Full Service B&M $145,000
    Banco Popular de Puerto Rico 206 Tetuan Street San Juan, PR 901 Full Service B&M $225,000
    Banco Popular de Puerto Rico 209 Avenida Luis Munoz Rivera San Juan, PR 918 Full Service B&M $17,886,000
    Banco Popular de Puerto Rico 22 Avenue De Diego San Juan, PR 911 Limited, Drive-thru $22,000
    Banco Popular de Puerto Rico 22 Avenue Winston Churchill San Juan, PR 926 Full Service B&M $194,000
    Banco Popular de Puerto Rico 225 Munoz Rivera Street Florida, PR 650 Full Service B&M $20,000
    Banco Popular de Puerto Rico 2250 Borinquen Avenue San Juan, PR 915 Full Service B&M $45,000
    Banco Popular de Puerto Rico 248 Lauro Pinero Avenue Ceiba, PR 735 Full Service B&M $36,000
    Banco Popular de Puerto Rico 3 Carr Estatal Km 22.2 Rio Grande, PR 745 Full Service B&M $74,000
    Banco Popular de Puerto Rico 3 Carr Triumph Plaza Humacao, PR 791 Full Service B&M $130,000
    Banco Popular de Puerto Rico 3009 Orange Grove Shopping Center Christiansted, VI 822 Full Service B&M $82,000
    Banco Popular de Puerto Rico 301 Avenue De Diego San Juan, PR 920 Full Service B&M $137,000
    Banco Popular de Puerto Rico 318 Munoz Rivera Street Penuelas, PR 624 Full Service B&M $36,000
    Banco Popular de Puerto Rico 33 Luis Munoz Rivera & Iglesias Streets Patillas, PR 723 Full Service B&M $49,000
    Banco Popular de Puerto Rico 34-35 Drinningens Gade Charlotte Amalie, VI 801 Full Service B&M $101,000
    Banco Popular de Puerto Rico 38-40 Calle Munoz Rivera Guayanilla, PR 656 Full Service B&M $50,000
    Banco Popular de Puerto Rico 454 Comercio Street, Old San Juan San Juan, PR 901 Full Service B&M $85,000
    Banco Popular de Puerto Rico 46a Palmer Street Ciales, PR 638 Full Service B&M $39,000
    Banco Popular de Puerto Rico 526 Ponce De Leon Avenue San Juan, PR 918 Limited, Drive-thru $115,000
    Banco Popular de Puerto Rico 53 Calle Mckinley East Mayaguez, PR 680 Full Service B&M $33,000
    Banco Popular de Puerto Rico 562 Patriotas Avenue Lares, PR 669 Full Service B&M $114,000
    Banco Popular de Puerto Rico 57 Georgetti Street Comerio, PR 782 Full Service B&M $36,000
    Banco Popular de Puerto Rico 59 Dr. Cueto Street Utuado, PR 641 Full Service B&M $85,000
    Banco Popular de Puerto Rico 60 Barcelo Street Cidra, PR 739 Full Service B&M $124,000
    Banco Popular de Puerto Rico 614 San Luis Avenue Arecibo, PR 612 Full Service B&M $138,000
    Banco Popular de Puerto Rico 64 San Patricio Street Loiza, PR 772 Full Service B&M $19,000
    Banco Popular de Puerto Rico 65th Infantry Reg Avenue San Juan, PR 928 Full Service B&M $127,000
    Banco Popular de Puerto Rico 69 Calle Munoz Rivera Villalba, PR 766 Full Service B&M $32,000
    Banco Popular de Puerto Rico 7 Mario Braschi Street Coamo, PR 769 Full Service B&M $66,000
    Banco Popular de Puerto Rico 701 Ponce De Leon Avenue San Juan, PR 907 Full Service B&M $140,000
    Banco Popular de Puerto Rico 8 Quilinchini Avenue Sabana Grande, PR 637 Full Service B&M $96,000
    Banco Popular de Puerto Rico 84 Guillermo Esteves Street Jayuya, PR 664 Full Service B&M $52,000
    Banco Popular de Puerto Rico 85 Calle Matias Brugman Las Marias, PR 670 Full Service B&M $25,000
    Banco Popular de Puerto Rico 90 Comercio Street Juana Diaz, PR 795 Full Service B&M $61,000
    Banco Popular de Puerto Rico 900 Avenue Jesus T Pinero San Juan, PR 921 Full Service B&M $225,000
    Banco Popular de Puerto Rico 975 Avenue Hostos Suite 2000 Mayaguez, PR 680 Full Service B&M $112,000
    Banco Popular de Puerto Rico 99 Calle Pimentel Rio Grande, PR 745 Full Service B&M $35,000
    Banco Popular de Puerto Rico Aguadilla Avenue Corner Jt Pinero Isabela, PR 662 Full Service B&M $86,000
    Banco Popular de Puerto Rico Aguadilla Mall Aguadilla, PR 603 Full Service B&M $68,000
    Banco Popular de Puerto Rico Amapola #14 Urb Condado Caguas, PR 725 Full Service B&M $112,000
    Banco Popular de Puerto Rico Andres Arus Rivera #118 Gurabo, PR 778 Full Service B&M $76,000
    Banco Popular de Puerto Rico Arzuaga Street Corner 65th Infantry Carolina, PR 985 Full Service B&M $149,000
    Banco Popular de Puerto Rico Ave. Las Cumbres, Int. Juan Carlos De Borbon, Bo Santa Rosa Guaynabo, PR 969 Full Service B&M $172,000
    Banco Popular de Puerto Rico Ave. Rafael Cordero Int. Pr 30 Caguas, PR 725 Full Service B&M $7,000
    Banco Popular de Puerto Rico Avenida Nativo Alers, Desvio Sur Aguada, PR 602 Full Service B&M $95,000
    Banco Popular de Puerto Rico Avenue Campo Rico And Expressway Loiza Carolina, PR 982 Full Service B&M $159,000
    Banco Popular de Puerto Rico Avenue Fragroso, Ruta 26 Carolina, PR 987 Full Service B&M $202,000
    Banco Popular de Puerto Rico Avenue Garrido Morales Final Fajardo, PR 738 Full Service B&M $106,000
    Banco Popular de Puerto Rico Avenue Los Dominicos Esq Rosa Tejas Toa Baja, PR 949 Full Service B&M $68,000
    Banco Popular de Puerto Rico Avenue West Main #725 Bayamon, PR 961 Full Service B&M $129,000
    Banco Popular de Puerto Rico Baldorioty De Castro Avenue Carolina, PR 979 Full Service B&M $187,000
    Banco Popular de Puerto Rico Barbosa Avenue #618 & Mayaguez Street San Juan, PR 917 Full Service B&M $46,000
    Banco Popular de Puerto Rico Bayamon Oeste Shopping Center Bayamon, PR 961 Full Service B&M $87,000
    Banco Popular de Puerto Rico Betances And Mattei Lluberas Street Yauco, PR 698 Full Service B&M $45,000
    Banco Popular de Puerto Rico Calle 20, Plaza Guaynabo Shopping Center Guaynabo, PR 965 Full Service B&M $138,000
    Banco Popular de Puerto Rico Calle 4, Monte Town Center Coto Laurel, PR 780 Full Service B&M $62,000
    Banco Popular de Puerto Rico Calle 65 Inf. #34 Lajas, PR 667 Full Service B&M $100,000
    Banco Popular de Puerto Rico Calle Maruca Local 3-A Bo Canas Carr. Pr 2 Ponce, PR 731 Full Service B&M $102,000
    Banco Popular de Puerto Rico Carr 1 Km 54.9 Bo. Montellano Cayey, PR 736 Full Service B&M $11,000
    Banco Popular de Puerto Rico Carr 128 Lote 663 Yauco, PR 698 Full Service B&M $140,000
    Banco Popular de Puerto Rico Carr 153 Int Carr 542 Km 57.7 Santa Isabel, PR 757 Full Service B&M $53,000
    Banco Popular de Puerto Rico Carr 165 Km 11 5 Toa Alta, PR 953 Full Service Cyber Office $72,000
    Banco Popular de Puerto Rico Carr 19 Esq. Ramirez De Arellano Garden Hills Plaza Guaynabo, PR 966 Full Service B&M $5,000
    Banco Popular de Puerto Rico Carr 193 Esq Calle B Luquillo, PR 773 Full Service B&M $68,000
    Banco Popular de Puerto Rico Carr 2 Esq Calle Post 259 Mayaguez, PR 680 Full Service B&M $30,000
    Banco Popular de Puerto Rico Carr 3 Km 15.2 Carolina, PR 987 Full Service Retail $84,000
    Banco Popular de Puerto Rico Carr 3 Km 42 Fajardo, PR 738 Full Service B&M $12,000
    Banco Popular de Puerto Rico Carr 670 Km 1.1 Cordova Davila Manati, PR 674 Full Service B&M $32,000
    Banco Popular de Puerto Rico Carr. #2, Km. 86.6, Bo. Pueblo Hatillo, PR 659 Full Service B&M $81,000
    Banco Popular de Puerto Rico Carr. 165 Lote 1 Telefonica Larga Distancia Guaynabo, PR 965 Full Service B&M $115,000
    Banco Popular de Puerto Rico Carr. 183 Km.21.1 Las Piedras Humacao, PR 791 Full Service B&M $68,000
    Banco Popular de Puerto Rico Carr. 2, Km. 5.6, Bo. Victoria Aguadilla, PR 603 Full Service B&M $129,000
    Banco Popular de Puerto Rico Carr. 3 Km. 84 Centro Comercial Palma Real Humacao, PR 791 Full Service B&M $113,000
    Banco Popular de Puerto Rico Carr. Estatal #198, Urb. Industrial Juncos Juncos, PR 777 Full Service B&M $65,000
    Banco Popular de Puerto Rico Carr. Estatal #2, Km. 143.3 Bo. Caracol Anasco, PR 610 Full Service B&M $79,000
    Banco Popular de Puerto Rico Carr. Los Romeros, Bo. Caimito Km. 1, Hm. 9 Rio Piedras, PR 926 Full Service B&M $132,000
    Banco Popular de Puerto Rico Carr. Pr 156 Km 56.3 Caguas Caguas, PR 725 Full Service B&M $137,000
    Banco Popular de Puerto Rico Carretera 167 Km 17.6 Barrio Pajaros Bayamon, PR 956 Full Service B&M $178,000
    Banco Popular de Puerto Rico Carretera 183 Km 10.3 Bo. Hato San Lorenzo, PR 754 Full Service Retail $92,000
    Banco Popular de Puerto Rico Carretera 2, Bo. Santans Arecibo, PR 612 Full Service B&M $75,000
    Banco Popular de Puerto Rico Centro Comercial Mercado Plaza, Bo. Cedro Arriba, Carr 152, Km. 14, Hm. Naranjito, PR 719 Full Service B&M $92,000
    Banco Popular de Puerto Rico Centro Comercial San Cristobal Carr. 156 Kr.7.1 Barranquitas, PR 794 Full Service B&M $91,000
    Banco Popular de Puerto Rico Centro Comercial San Patricio, Calle Ortegon, Caparra Hills Guaynabo, PR 922 Full Service B&M $107,000
    Banco Popular de Puerto Rico Centro Comercial Town Center State S Ponce, PR 732 Full Service B&M $78,000
    Banco Popular de Puerto Rico Centro Commercial Galerias Paseos, Esq. Ave. Grand Boulevard #100 Rio Piedras, PR 926 Full Service B&M $98,000
    Banco Popular de Puerto Rico Centro Del Sur Shopping Center Ponce, PR 731 Full Service B&M $133,000
    Banco Popular de Puerto Rico Cntro Commercial Parque Escorial Rio Piedras, PR 926 Full Service B&M $168,000
    Banco Popular de Puerto Rico Corozal Shopping, State Road 159 Km. 15.1corozal Corozal, PR 783 Full Service B&M $77,000
    Banco Popular de Puerto Rico Dr. L Rodriguez - Flamboyan Gardens Bayamon, PR 959 Full Service B&M $287,000
    Banco Popular de Puerto Rico Edif Ponce Plaza 2nd Floor Plaza Degetau Esq. Comercio Ponce, PR 731 Limited, Administrative $0
    Banco Popular de Puerto Rico Edif. City View Plaza, Carr. 165 K.M.1.2 Guaynabo, PR 968 Full Service B&M $34,000
    Banco Popular de Puerto Rico Edif. Pabellon Comercial, Calle Menez Vigo #349 Dorado, PR 646 Full Service B&M $87,000
    Banco Popular de Puerto Rico Estate Smith Bay #1, 2, And 3 East End Quarter Charlotte Amalie, VI 801 Full Service B&M $62,000
    Banco Popular de Puerto Rico Fort Mylner Shopping Center, Parcels 2-1, 2-2, 2-3 Charlotte Amalie, VI 801 Full Service B&M $126,000
    Banco Popular de Puerto Rico Glz Giusti Ave. Bloque B 9-10 Guaynabo, PR 968 Full Service B&M $340,000
    Banco Popular de Puerto Rico Guatemala Ward Pr 111 Int. 446 San Sebastian, PR 685 Full Service B&M $153,000
    Banco Popular de Puerto Rico Guyama Mall State Road #3 Guayama, PR 784 Full Service B&M $155,000
    Banco Popular de Puerto Rico Insular Road 1 & Federico Degetau St Caguas, PR 725 Full Service B&M $119,000
    Banco Popular de Puerto Rico Km 18 4 Carr 3 Canovanas, PR 729 Full Service Retail $106,000
    Banco Popular de Puerto Rico La Rambla Shopping Center Ponce, PR 731 Full Service B&M $126,000
    Banco Popular de Puerto Rico Las Cumbres Rio Piedras, PR 926 Full Service B&M $312,000
    Banco Popular de Puerto Rico Lock Shart Gardens Shopping Center, Estate Thomas Charlotte Amalie, VI 801 Full Service B&M $92,000
    Banco Popular de Puerto Rico Lomas Verdes Avenue Ia-100 Royal Pal Bayamon, PR 956 Full Service B&M $100,000
    Banco Popular de Puerto Rico Luis Munoz Marin Terminal B, Suite 1a San Juan, PR 913 Full Service B&M $23,000
    Banco Popular de Puerto Rico Marginal P-1, Calle 10 Bo. Bairoa Caguas, PR 725 Full Service Retail $46,000
    Banco Popular de Puerto Rico Mayaguez Mall Shopping Center Hormigueros, PR 680 Full Service B&M $148,000
    Banco Popular de Puerto Rico Medical Center, Monacillos Ward San Juan, PR 928 Full Service B&M $75,000
    Banco Popular de Puerto Rico Monte Real Shopping Bo. Coto Norte Carr Pr2 Km 45.8 Manati, PR 674 Full Service B&M $18,000
    Banco Popular de Puerto Rico Munoz Rivera #20 Caguas, PR 725 Full Service B&M $199,000
    Banco Popular de Puerto Rico Munoz Rivera No 3 Trujillo Alto, PR 976 Full Service B&M $59,000
    Banco Popular de Puerto Rico Palmas Inn Road, Palmanova Plaza Humacao, PR 791 Full Service B&M $70,000
    Banco Popular de Puerto Rico Pedro Marquez, Num. 10 Culebra, PR 775 Full Service B&M $15,000
    Banco Popular de Puerto Rico Plaza Centro Ii 30a St. Degetau Ave. Caguas, PR 725 Full Service B&M $133,000
    Banco Popular de Puerto Rico Plaza Del Caribe Mall State Roud #2 Vega Alta, PR 692 Full Service B&M $93,000
    Banco Popular de Puerto Rico Plaza Del Caribe Shopping Mall Ponce, PR 731 Full Service B&M $148,000
    Banco Popular de Puerto Rico Plaza Dorado Rd693 Km 8.5 Higuillar Dorado, PR 646 Full Service B&M $86,000
    Banco Popular de Puerto Rico Plaza Rio Hondo, Avenida Comerio Bayamon, PR 957 Full Service B&M $141,000
    Banco Popular de Puerto Rico Plz Del Oeste Sc Casto Perez Ave St 2 San German, PR 683 Full Service B&M $193,000
    Banco Popular de Puerto Rico Ponce Plaza Ponce, PR 731 Full Service B&M $84,000
    Banco Popular de Puerto Rico Pr Carr. #14, Km.51.3, Bo, El Roble Aibonito, PR 705 Full Service B&M $71,000
    Banco Popular de Puerto Rico Pr Carretera 901, Km. 1.6, Cario Juan Martin Yabucoa, PR 767 Full Service B&M $79,000
    Banco Popular de Puerto Rico Pr Road Number 2 Corner La Fuente Avenue, Candelaria Ward Toa Baja, PR 951 Full Service B&M $40,000
    Banco Popular de Puerto Rico Primer Nivel, Suite 109 Centro Comercial Plaza Las Americas San Juan, PR 919 Full Service B&M $369,000
    Banco Popular de Puerto Rico Road #2, Km. 80.4 Arecibo, PR 612 Full Service B&M $135,000
    Banco Popular de Puerto Rico Road 753 And State Road 3 Arroyo, PR 714 Full Service B&M $40,000
    Banco Popular de Puerto Rico Road No. 181, Km. 5, Hm. 9 Trujillo Alto, PR 976 Full Service B&M $165,000
    Banco Popular de Puerto Rico Roberto H Todd Avenue Parada 18 San Juan, PR 907 Full Service Retail $1,000
    Banco Popular de Puerto Rico Santa Rosa Shopping Center Bayamon, PR 957 Full Service Retail $187,000
    Banco Popular de Puerto Rico South Health Clinic Fort Buchanan, PR 934 Full Service B&M $49,000
    Banco Popular de Puerto Rico State Cane Suite 201-203 Frederiksted, VI 840 Full Service B&M $25,000
    Banco Popular de Puerto Rico State Rd #1 Km 56 Hm 6 Bo Montellano Cayey, PR 736 Full Service B&M $181,000
    Banco Popular de Puerto Rico State Rd #2 Km 111.8 Bo. Arenales Centro Comercial Plaza Isabela Isabela, PR 662 Full Service B&M $49,000
    Banco Popular de Puerto Rico State Road #100 Cabo Rojo, PR 623 Full Service B&M $181,000
    Banco Popular de Puerto Rico State Road #2 And Padilla St Vega Baja, PR 693 Full Service B&M $116,000
    Banco Popular de Puerto Rico State Road #2 Km 54.8 Manati Abajo, #204, Salida #140 Barceloneta, PR 617 Full Service B&M $61,000
    Banco Popular de Puerto Rico State Road #2 Km 57.3 Barceloneta, PR 617 Full Service B&M $83,000
    Banco Popular de Puerto Rico State Road 176 San Juan, PR 928 Full Service B&M $144,000
    Banco Popular de Puerto Rico State Road 3 And Munoz Rivera Street Salinas, PR 751 Full Service B&M $64,000
    Banco Popular de Puerto Rico Suau Street Mayaguez, PR 680 Full Service B&M $194,000
    Banco Popular de Puerto Rico Sunny Isles Shopping Center Christiansted, VI 820 Full Service B&M $147,000
    Banco Popular de Puerto Rico University Of Puerto Rico San Juan, PR 926 Full Service B&M $86,000
    Banco Popular de Puerto Rico Villa Maria Shop, State Road 2 Manati, PR 674 Full Service B&M $102,000
    Banco Popular de Puerto Rico Zuzuaregui Corner Baldorioty St Maricao, PR 606 Full Service B&M $13,000

    For 2019, Banco Popular De Puerto Rico had 173 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $1,850,000
    Net interest income $1,631,000
    Total noninterest income $452,000
    Gross Fiduciary activities income $26,000
    Service charges on deposit accounts $145,000
    Trading account gains and fees $-6,000
    Additional Noninterest Income $287,000
    Pre-tax net operating income $729,000
    Securities gains (or losses, -) $0
    Income before extraordinary items $601,000
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $601,000
    Minority interest net income $0
    Net income $601,000
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $601,000

    Banco Popular De Puerto Rico's gross interest income from loans was $1,850,000,000.
    Banco Popular De Puerto Rico's net interest income from loans was $1,631,000,000.
    Banco Popular De Puerto Rico's fee based income from loans was $145,000,000.
    Banco Popular De Puerto Rico's net income from loans was $601,000,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $219,000
    Provision for credit losses $135,000
    Total noninterest expense $1,219,000
    Salaries and employee benefits $405,000
    Premises and equipment expense $129,000
    Additional noninterest expense $685,000
    Applicable income taxes $128,000
    Net charge-offs $210,000
    Cash dividends $400,000

    Banco Popular De Puerto Rico's interest expense for loans was $219,000,000.
    Banco Popular De Puerto Rico's payroll and benefits expense were $405,000,000.
    Banco Popular De Puerto Rico's property, plant and equipment expenses $129,000,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 5.0%
    Real Estate loans 9.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 3.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 13.0%
    HELOC loans 0.0%
    All other family 13.0%
    Commercial & industrial loans 1.0%
    Personal loans 1.0%
    Credit card loans 1.7%
    Other individual loans 1.0%
    Auto loans 1.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $36,475,000
    Deposits held in domestic offices $36,119,000
    Deposits by Individuals, partnerships, and corporations $24,333,000
    Deposits by U.S. Government $8,000
    Deposits by States and political subdivisions in the U.S. $11,570,000
    Deposits by Commercial banks and other depository institutions in U.S. $203,000
    Deposits by Banks in foreign countries $5,000
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $20,966,000
    Demand deposits $15,421,000
    Nontransaction accounts $15,153,000
    Money market deposit accounts (MMDAs) $532,000
    Other savings deposits (excluding MMDAs) $8,961,000
    Total time deposits $5,660,000
    Total time and savings deposits $20,698,000
    Noninterest-bearing deposits $8,015,000
    Interest-bearing deposits $28,104,000
    Retail deposits $33,605,000
    IRAs and Keogh plan accounts $976,000
    Brokered deposits $68,000
    Deposits held in foreign offices $356,000

    Assets

    Asset Value (in 000's)
    Total Assets $41,627,000
    Cash & Balances due from depository institutions $3,152,000
    Interest-bearing balances $2,855,000
    Total securities $16,479,000
    Federal funds sold & reverse repurchase $0
    Net loans and leases $19,527,000
    Loan and leases loss allowance $432,000
    Trading account assets $14,000
    Bank premises and fixed assets $578,000
    Other real estate owned $143,000
    Goodwill and other intangibles $479,000
    All other assets $1,255,000

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $41,627,000
    Total Liabilities $37,400,000
    Total deposits $36,475,000
    Interest-bearing deposits $28,357,000
    Deposits held in domestic offices $36,119,000
    % insured (estimated) $47
    Federal funds purchased and repurchase agreements $77,000
    Trading liabilities $0
    Other borrowed funds $213,000
    Subordinated debt $0
    All other liabilities $635,000

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $19,527,000
    Loan and leases loss allowance $432,000
    Total loans and leases (domestic) $19,959,000
    All real estate loans $10,365,000
    Real estate loans in domestic offices $10,119,000
    Construction and development loans $170,000
    Residential 1-4 family construction $18,000
    Other construction, all land development and other land $152,000
    Loans secured by nonfarm nonresidential properties $3,576,000
    Nonfarm nonresidential secured by owner-occupied properties $1,533,000
    Commercial real estate & other non-farm, non-residential $2,043,000
    Multifamily residential real estate $154,000
    1-4 family residential loans $6,186,000
    Farmland loans $33,000
    Loans held in foreign offices $246,000
    Farm loans $9,000
    Commercial and industrial loans $2,392,000
    To non-U.S. addressees $11,000
    Loans to individuals $5,504,000
    Credit card loans $1,124,000
    Related Plans $89,000
    Consumer Auto Loans $2,918,000
    Other loans to individuals $1,373,000
    All other loans & leases $1,689,000
    Loans to foreign governments and official institutions $0
    Other loans $460,000
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $12,000
    Loans secured by real estate to non-U.S. addressees $207,000
    Restructured Loans & leases $1,136,000
    Non 1-4 family restructured loans & leases $294,000
    Total loans and leases (foreign) $4,801,000

    Banco Popular de Puerto Rico had $19,527,000,000 of loans outstanding in 2019. $10,365,000,000 of loans were in real estate loans. $170,000,000 of loans were in development loans. $154,000,000 of loans were in multifamily mortgage loans. $6,186,000,000 of loans were in 1-4 family mortgage loans. $9,000,000 of loans were in farm loans. $1,124,000,000 of loans were in credit card loans. $2,918,000,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 3,610 $595,000 $164,820
    Nonfarm, nonresidential loans - <$100k 482 $19,000 $39,419
    Nonfarm, nonresidential loans - $100-250k 1,410 $128,000 $90,780
    Nonfarm, nonresidential loans - $250k-1MM 1,718 $448,000 $260,768
    Commercial & Industrial, US addressed loans - <$1MM 3,823 $310,000 $81,088
    Commercial & Industrial, US addressed loans - <$100k 2,588 $73,000 $28,207
    Commercial & Industrial, US addressed loans - $100-250k 695 $76,000 $109,353
    Commercial & Industrial, US addressed loans - $250k-1MM 540 $161,000 $298,148
    Farmland loans - <$1MM 10 $2,000 $200,000
    Farmland loans - $250k-1MM 10 $2,000 $200,000
    Agriculture operations loans - <$1MM 11 $3,000 $272,727
    Agriculture operations loans - $250k-1MM 11 $3,000 $272,727