Popular Community Bank SWOT Analysis, Competitors & USP

Regional Banks

Banking & Financial Services

It’s a privilege to serve you

Serving customers with care and dedication, working for the well-being of the community

Private banking and private business banking

Private banking, private business banking and private wealth management to individuals, families, businesses, nonprofits and foundations

A bank offering a wide range of financial services for all customers, from individuals and small businesses, to corporations and government entities

Below are the Strengths in the SWOT Analysis of Popular Community Bank:

1. One of the biggest bank by both assets and deposits in Puerto Rico

2. Popular markets online deposit accounts through E-loan

3. Committed to enhancing the quality of life in the communities it serves, Popular Community Bank gives customers the financial opportunities they need and deserve while creating jobs in those communities where we forge strong partnerships

Here are the weaknesses in the Popular Community Bank SWOT Analysis:

1. Ongoing weak profitability -- the bank's revenues hardly covered its operating expenses and loan loss

2. Low core capital adequacy

3. Decreasing Coverage Ratio with very high borrower concentrations

Following are the Opportunities in Popular Community Bank SWOT Analysis:

1. Strategic Acquisitions likely to enhance growth
2. Buoyant asset management and custody bank sector
3. Growing mobile banking market to help in retaining customers and arresting costs

The threats in the SWOT Analysis of Popular Community Bank are as mentioned:

1. Low interest rate environment could continue to affect core earnings
2. Competitive pressures likely to intensify pressure on margins
3. Increasing regulatory challenges

4. High systemic risk in the US banking industry affecting industry's prospects

Below are the top 5 competitors of Popular Community Bank:

1. U.S. Bancorp

2. PNC Financial Services

3. Bank of America

4. Citibank

5. JP Morgan and Chase