Popular Inc

NASDAQ:BPOP

Popular Inc. is a bank holding company best known for Banco Popular de Puerto Rico, a full-service bank that serves consumers, small businesses, and larger companies in Puerto Rico, the U.S. mainland, and the Caribbean. It takes deposits, makes loans, offers mortgages and auto financing, and provides everyday banking services such as cards, online banking, and cash management. The company makes most of its money the way a bank usually does: it earns interest on loans and securities, then collects fees for services like payment processing, deposit accounts, wealth management, and mortgage banking. Its main customers are households, small and middle-market businesses, and commercial clients that need lending, payments, and treasury services. What makes Popular different is its strong role in Puerto Rico’s banking system and its mix of local retail banking and business banking. It sits close to the customer base, handling both branch-based consumer banking and relationship-driven lending for companies, so it earns money from a broad set of everyday banking needs rather than from one single product.