Company overview
Banco Popular Espanol, S.A. (Banco Popular or "the group") is one of the largest banking groups in Spain. The group is primarily engaged in retail banking and commercial banking activities, specializing in meeting all the financial needs of businesses, with a particular emphasis on SMEs, and on banking for households. Other activity lines such as investment banking or wholesale banking address the coverage of the requirements of its commercial customers. The group operates in Spain, Portugal and the US. It is headquartered in Madrid, Spain, and employed 14,062 people as on 31st December, 2011.
The group recorded revenues of E2,996.6 million ($4,173.8 million) during the financial year ended December 2011 (FY2011), a decrease of 11.8% over FY2010. The operating profit of the group was E444.1 million ($618.6 million) in FY2011, a decrease of 43% over FY2010. The net profit was E479.7 million ($668.1 million) in FY2011, a decrease of 18.7% over FY2010.
Key facts
Madrid ticker:
POP
No. employees: 14062
Turnover: 2,996,600,000 (EUR)
Financial year end: December
Summary
- Key facts
- Overview
- Business Description
- History
- Key Employees and Biographies
- Location and Subsidiaries
- Top Competitors
- Major Products and Services
SWOT Profiles
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