Type: Public
On the web: http://www.bancopopular.es
Employees: 14,252
Employee growth: (1.2%)

Banco Popular Español certainly lives up to its middle name. One of Spain's top banks (after giants Banco Santander and BBVA), Banco Popular offers commercial and retail banking services through more than 2,200 branches. It operates mainly at home, where it specializes in commercial loans to small and midsized businesses. Non-banking offerings include mutual funds, asset management, life insurance, factoring, and securities brokerage. Banco Popular also owns Banco Popular Portugal and mortgage bank Banco Popular Hipotecario, and it owns a 60% stake in private bank Popular Banca Privada. (Dexia owns the rest.) The bank also sells property/casualty coverage by German insurer Allianz.

Key numbers for fiscal year ending December, 2010:
Sales: $7,261.3M
One year growth: (50.8%)
Net income: $801.0M
Income growth: (28.4%)

Officers:
Chairman: Ángel Ron
Vice Chairman and CEO: Roberto Higuera
Financial Officer: Ernesto Rey

Competitors:
BBVA
Grupo Santander
Barclays

© 2012 Hoover's, Inc. All rights reserved.