Saturday, July 25, 2015

Puerto Rico Companies Have Huge $2.776 Bil Audited Earnings Improvement From $1.440 Bil Losses For 3 Years 2008-10 to $1.336 Bil Earnings For 3 Years 2012-14 ..... the Obama Admin, the US Fed and all Americans Have To Be Pleased

From a very thorough review of SEC filings and the Google Finance Website, I found 5 Companies headquartered in Puerto Rico with Stock Market Capitalizations now of more than $100 mil.

These 5 Puerto Rico Companies generated Total Audited Earnings From Continuing Operations of $1.336 bil in the Most Recent Three Years 2012-14, which was a huge $2.776 bil Earnings Improvement from the $1.440 bil of Losses for the Three Years 2008-10.

Below here are the reported US GAAP Audited Net Income (Losses) of each of  these 5 Puerto Companies for all of their fiscal years reported from 2008 through 2014, presented by Market Cap:




2014 2013 2012 2011 2010 2009 2008


Most Audited Audited Audited Audited Audited Audited Audited


Recent Net Net Net Net Net Net Net
Puerto Rico Companies City HQs 2014 Income Income Income Income Income Income Income
FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

mil $s mil $s mil $s mil $s mil $s mil $s mil $s









Popular Inc Hato Rey Dec         (191)           559           207           151           137         (554)         (680)
EVERTEC Rio Piedras Dec              68           (25)              77              24              17              58              50
First Bancorp San Juan Dec           392         (164)              30           (82)         (524)         (275)           110
Triple-S Management San Juan Dec              65              56              54              58              67              69              25
OFG Bancorp San Juan Dec              85              98              25              34              10              23              27










Total all 5

          419           524           393           185         (293)         (679)         (468)










Three Years Earnings (Losses):







….. 2012-14

       1,336





….. 2008-10

    (1,440)





…….. 3 Years Earnings Improvement
       2,776