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Banco Popular, R&G Federal report earnings. (Banco Popular de Puerto Rico; R and G Federal Savings Bank)
Banco Popular, R&G Federal report earnings
The $8.8 billion-asset BanPonce Corp., the holding company that owns Banco Popular de Puerto Rico and Velco Leasing Co., reported last week that it earned $19.9 million or $0.66 per share during the fourth quarter of 1991, raising its total earnings for the whole year to $64.6 million or $2.15 per share. In all of 1990, by contrast, Banco Popular alone earned $63.4 million, while both Popular and BanPonce combined earned $55.75 million. Both institutions merged on Dec. 31, 1990.
Earnings for the fourth quarter of 1991 were higher than the $17.1 million figure reported for the third quarter of last year. As a result, …
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Magazine article from: Caribbean Business
July 11, 1991
700+ words
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Magazine article from: Caribbean Business
Diaz, Alexander F.
November 21, 1991
700+ words
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Magazine article from: Caribbean Business
Diaz, Alexander F.
October 31, 1991
700+ words
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- BPPR to get back into lease-buying market. (Banco Popular de Puerto Rico)
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Magazine article from: Caribbean Business
Blasor, L.
August 8, 1991
700+ words
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- Earnings increase at three local banks. (First Federal Savings Bank; BanPonce...
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Magazine article from: Caribbean Business
Diaz, Alexander F.
July 18, 1991
700+ words
