Banco Popular de Puerto Rico
San Juan, Puerto Rico · FDIC Cert #34968
Banco Popular de Puerto Rico is an FDIC-insured bank (Certificate #34968) with $58.3B in total assets and $54.6B in total deposits as of the Q2 2024 Call Report. Headquartered in San Juan, Puerto Rico, the bank maintains a Tier 1 capital ratio of 16.37% (Well-Capitalized) and a nonperforming loan ratio of 2.10%. BankHealthData assigns a composite Health Grade of A (84/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Banco Popular de Puerto Rico (FDIC cert 34968) is a large bank with $58.3B in total assets and $54.6B in deposits, headquartered in San Juan, Puerto Rico. Banks at this scale typically operate across multiple states and face enhanced regulatory scrutiny under the federal banking-supervisory framework.
Capital position is strong: Tier 1 capital ratio of 16.37% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 2.10% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is very high: 53.1% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is solid: ROA of 1.15% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Banco Popular de Puerto Rico carries a composite BankHealth grade of A (84/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Banco Popular de Puerto Rico
- Total Assets
- $58.3B
- Total Deposits
- $54.6B
- Tier 1 Capital Ratio
- 16.37%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.10%
- Liquidity Ratio
- 53.13%
- Return on Assets
- 1.15%
- Headquarters
- San Juan, Puerto Rico
- FDIC Certificate
- #34968
- Health Grade
- A (84/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Banco Popular de Puerto Rico holds a Tier 1 capital ratio of 16.37%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Banco Popular de Puerto Rico has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Banco Popular de Puerto Rico shows strong financial health indicators. With $58.3B in assets and a Health Score of 84/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Banco Popular de Puerto Rico Compares
Banco Popular de Puerto Rico’s Health Score of 84 is 4 points below the Puerto Rico state average of 88 across 4 FDIC-insured banks. Its 16.37% Tier 1 capital ratio is 2.4 points above the US banking industry average near 14%. The 2.10% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 1.15% is in line with or above the national ROA benchmark of ~1.1%. Among 41 similarly-sized banks, the average Health Score is 77, meaning this bank ranks above its size cohort. Site-wide, Banco Popular de Puerto Rico is 14 points above the portfolio average of 70.
Frequently Asked Questions
Banco Popular de Puerto Rico has a Bank Health Score of A (84/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 16.37%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Banco Popular de Puerto Rico's Tier 1 capital ratio of 16.37% and nonperforming loan ratio of 2.10% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Banco Popular de Puerto Rico is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #34968). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Banco Popular de Puerto Rico holds $58.3B in total assets and $54.6B in total deposits. It is headquartered in San Juan, Puerto Rico (FDIC Certificate #34968).
Banco Popular de Puerto Rico has a Tier 1 capital ratio of 16.37%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.10%, and the return on assets is 1.15%.
Yes. Banco Popular de Puerto Rico is FDIC-insured (Certificate #34968). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Banco Popular de Puerto Rico's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.