What does new york city — number of branches closed mean?

The number of physical bank branches closed in the New York City area.

How do you interpret new york city — number of branches closed?

An increase suggests a shift toward digital-first banking or cost-cutting measures, while a decrease indicates a stable or expanding physical presence.

How does new york city — number of branches closed compare across companies?

Peer banks often report branch closure counts as part of their retail network optimization and cost-efficiency disclosures.

Popular BPOP New York City — Number Of Branches Closed

Discontinued — last reported Q4 '20

Similar metrics at other companies

CFGNew York City Metro — Number of branches acquired

66—

ONBMichigan — Number of banking centers to be closed

5—

ONBMinnesota — Number of banking centers to be closed

4—

ONBMN — Number Of Branches

17—

ONBMN — Number Of Stores

18+5.9%

ONBKentucky — Number of banking centers to be closed

2—

Other financials

Income statement

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Revenue$835.8M+10.3%

Net income$245.7M+38.4%

EPS (diluted)$3.78+47.7%

Balance sheet

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Cash & equivalents$394.7M+1.1%

Total debt$1.6B+13.3%

Total equity$6.3B+8.8%

Total assets$76.1B+2.8%

Cash flow

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Operating cash flow$191.6M+11.4%

CapEx$36.7M-28.8%

Free cash flow$154.9M+28.5%

Valuation

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Market cap$10.28B+36.1%

Enterprise value$11.49B+33.6%

P/E11.4×+0.4×

P/S3.1×+0.6×

Profitability

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Net margin27.5%+4.4pp

FCF margin21.8%+5.9pp

Returns & leverage

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Return on equity14.9%+2.3pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by Popular in its filing.

Tagged under the XBRL concept bpop:NumberOfBranchesClosed.

The official record: Popular’s 10-Q, filed November 9, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does new york city — number of branches closed mean?: The number of physical bank branches closed in the New York City area.
How do you interpret new york city — number of branches closed?: An increase suggests a shift toward digital-first banking or cost-cutting measures, while a decrease indicates a stable or expanding physical presence.
How does new york city — number of branches closed compare across companies?: Peer banks often report branch closure counts as part of their retail network optimization and cost-efficiency disclosures.