Banco Popular de Puerto Rico
Banco Popular de Puerto Rico reported total assets of $63.3 bn at Q2 2026, up 4.2% on a year earlier, the 46th largest of 497 banks in our US coverage. The CET1 capital ratio at Banco Popular de Puerto Rico was 16.40%, and the uninsured share of Banco Popular de Puerto Rico was 59.76%. Source: FDIC Call Reports.
Key takeaways
- Banco Popular de Puerto Rico has one of the highest uninsured share of domestic deposits readings among banks of $10 bn to $100 bn: 59.76% at , against a median of 38.56% across 126 banks (FDIC Call Reports).
- The tier 1 leverage ratio of Banco Popular de Puerto Rico, 7.53% at , places Banco Popular de Puerto Rico in the bottom tenth of banks of $10 bn to $100 bn (group median 10.25%; FDIC Call Reports).
- Among the 126 banks of $10 bn to $100 bn, few report a lower loan-to-deposit ratio than Banco Popular de Puerto Rico, at 46.37% in ; the group median is 85.69% (FDIC Call Reports).
What sets Banco Popular de Puerto Rico apart
- On efficiency ratio, Banco Popular de Puerto Rico climbed from 318th to 260th among 500 US banks between and (1 = lowest).
- Banco Popular de Puerto Rico has one of the highest noncurrent loans to total loans readings among banks of $10 bn to $100 bn: 2.40% at , against a median of 0.66% across 126 banks.
- At 21.78%, the return on equity (ROE) of Banco Popular de Puerto Rico sits in the top tenth of its size group ($10 bn to $100 bn, 126 banks), where the median is 10.71%.
How large is Banco Popular de Puerto Rico?
The balance sheet of Banco Popular de Puerto Rico at : assets $63.3 bn, deposits $58.7 bn, net loans $27.2 bn (loans equal to 46.37% of deposits). Securities make up 46.7% of total assets at Banco Popular de Puerto Rico. Since , when Banco Popular de Puerto Rico held $27.9 bn, its assets grew 126.8%. In the year to , deposits at Banco Popular de Puerto Rico rose 5.0% while its total assets rose 4.2%. At , Banco Popular de Puerto Rico employed 7,278 full-time equivalent staff across 164 offices, about $8.7 mn of assets per employee and $358.1 mn of deposits per office.
How much funding at Banco Popular de Puerto Rico is uninsured?
At Banco Popular de Puerto Rico, uninsured deposits (above the FDIC limit) made up 59.76% of domestic deposits at (+1.23 pp on a year earlier); Banco Popular de Puerto Rico ranks 29th of 500 on this measure. In dollars, Banco Popular de Puerto Rico estimated $34.8 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $58.7 bn | +5.0% | 41st of 499 |
| Net loans and leases | $27.2 bn | +4.9% | 54th of 500 |
| Loan-to-deposit ratio | 46.37% | -0.04 pp | 478th of 500 |
| Tier 1 leverage ratio | 7.53% | +0.05 pp | 486th of 500 |
| Total risk-based capital ratio | 17.66% | +0.42 pp | 77th of 448 |
| Net interest margin | 3.95% | +0.21 pp | 152nd of 500 |
| Return on assets (ROA) | 1.38% | +0.23 pp | 207th of 500 |
| Efficiency ratio | 56.26% | -4.75 pp | 260th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $27.0 mn | Turned from a gain into a loss | |
| Unrealized gain/loss on available-for-sale securities | Loss of $906.0 mn | Narrowed by $76.0 mn | |
| Noncurrent loans to total loans | 2.40% | +0.66 pp | 471st of 500 (1 = lowest) |
| Net charge-offs to average loans | 1.16% | +0.50 pp | 472nd of 500 (1 = lowest) |
US rank of Banco Popular de Puerto Rico: 1 = highest unless marked 1 = lowest.
Balance sheet
Banco Popular de Puerto Rico: assets, deposits and loans
- Total assets $63.3bn
- Deposits $58.7bn
- Net loans $27.2bn
Capital and securities
The CET1 ratio of Banco Popular de Puerto Rico stood at 16.40% in , +0.43 pp year on year. Low and high at Banco Popular de Puerto Rico since : 15.59% () to 19.20% (). Equity capital of Banco Popular de Puerto Rico at : $4.0 bn, or 6.4% of total assets. Banco Popular de Puerto Rico also reported a total capital ratio of 17.66% for , and a tier 1 leverage ratio of 7.53%.
On held-to-maturity securities, Banco Popular de Puerto Rico carried an unrealized loss of $27.0 mn at , equal to 0.7% of equity capital. The loss turned from a gain into a loss over the year. Its deepest point: $242.0 mn in . The available-for-sale portfolio of Banco Popular de Puerto Rico showed an unrealized loss of $906.0 mn at ; the loss narrowed by $76.0 mn over the year.
Banco Popular de Puerto Rico: capital ratios
- Total capital 18%
- CET1 16%
- Tier 1 leverage 7.5%
Banco Popular de Puerto Rico: unrealized securities gains and losses
- Available for sale -$906mn
- Held to maturity -$27mn
Profitability and loan quality
For the year to , Banco Popular de Puerto Rico earned a return on equity of 21.78%; return on assets: 1.38%. Net interest margin at Banco Popular de Puerto Rico: 3.95%, +0.21 pp in a year. Banco Popular de Puerto Rico net income: $422.0 mn, up 23.8% year on year. The efficiency ratio of Banco Popular de Puerto Rico was 56.26%: about 56 cents cost per revenue dollar, against 58 cents at the median peer.
At , noncurrent loans were 2.40% of total loans at Banco Popular de Puerto Rico; net charge-offs: 1.16% of average loans. Gross loans and leases at Banco Popular de Puerto Rico: $27.9 bn, up 4.8% in a year.
Banco Popular de Puerto Rico: profitability
- Return on equity 22%
- Net interest margin 4.0%
- Return on assets 1.4%
Peer group of Banco Popular de Puerto Rico
The peer group of Banco Popular de Puerto Rico is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Banco Popular de Puerto Rico (state member bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Puerto Rico. Against them, Banco Popular de Puerto Rico shows CET1 ratio 16.40% against a peer median of 13.36%, return on equity 21.78% against a peer median of 10.95% and uninsured deposit share 59.76% against a peer median of 45.96%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| CIBC Bank USA | State member bank | IL | $66.5 bn | 16.86% | 8.67% | 65.90% | |
| Valley National Bank | National bank | NJ | $66.2 bn | 12.28% | 8.45% | 39.75% | |
| Columbia Bank | State nonmember bank | OR | $65.4 bn | 12.21% | 10.33% | 39.45% | |
| Banco Popular de Puerto Rico | State member bank | PR | $63.3 bn | 16.40% | 21.78% | 59.76% | |
| SoFi Bank | National bank | UT | $56.8 bn | 15.17% | 15.41% | 5.01% | |
| Frost Bank | State member bank | TX | $54.0 bn | 14.42% | 15.30% | 52.16% | |
| BOKF | National bank | OK | $53.0 bn | 12.29% | 11.57% | 52.92% | |
. FDIC Call Reports.
Last eight quarters
Two years at Banco Popular de Puerto Rico, to : assets +11.6%, deposits +11.3%, equity +21.8%. Staff 7,329 to 7,278; offices 166 to 164.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $56.8 bn | $58.5 bn | $59.1 bn | $60.8 bn | $59.6 bn | $59.8 bn | $60.6 bn | $63.3 bn |
| Total deposits | $52.8 bn | $54.1 bn | $54.7 bn | $56.0 bn | $54.9 bn | $54.8 bn | $56.0 bn | $58.7 bn |
| Bank equity capital | $3.3 bn | $3.2 bn | $3.3 bn | $3.6 bn | $3.7 bn | $3.8 bn | $3.8 bn | $4.0 bn |
| CET1 ratio | 15.95% | 15.79% | 15.70% | 15.97% | 15.90% | 15.59% | 15.75% | 16.40% |
| Return on equity (ROE) | 16.76% | 17.11% | 20.09% | 20.32% | 20.09% | 19.88% | 20.87% | 21.78% |
| Uninsured share of domestic deposits | 57.11% | 57.54% | 57.14% | 58.54% | 57.87% | 57.24% | 57.18% | 59.76% |
| Full-time equivalent employees | 7,329 | 7,295 | 7,320 | 7,322 | 7,296 | 7,283 | 7,268 | 7,278 |
| Number of offices | 166 | 166 | 166 | 166 | 166 | 166 | 166 | 164 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Banco Popular de Puerto Rico appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Banco Popular de Puerto Rico?
Banco Popular de Puerto Rico reported $63.3 bn at in its Call Report. That makes Banco Popular de Puerto Rico the 46th largest of 497 banks in our US coverage.
Is Banco Popular de Puerto Rico the same as its holding company?
No. This page covers Banco Popular de Puerto Rico, FDIC certificate 34968; POPULAR INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Banco Popular de Puerto Rico profitable?
Banco Popular de Puerto Rico reported net income of $422.0 mn for the year to ; annualized return on equity: 21.78%. So yes: Banco Popular de Puerto Rico made a profit over these months.
When is data for Banco Popular de Puerto Rico next updated?
Figures from Banco Popular de Puerto Rico for are due after .
Where can I check the figures for Banco Popular de Puerto Rico?
In the FDIC BankFind Suite record for certificate 34968, and in the Call Reports of Banco Popular de Puerto Rico (RSSD ID 940311) at the FFIEC Central Data Repository.