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Balance Sheet Cash Flow Statement 19 W. McKinley St. Mayagüez, PR 00681 PR Tel. 787-834-8000 Fax 787-834-8164 |
Type: Public
On the web:
http://www.wbpr.com
Employees:
1,536
Employee growth: 12.7%
No relation to a former US president, W Holding Company is the parent of Westernbank Puerto Rico, which provides consumer and business banking services through about 60 branches. The #3 bank in Puerto Rico (behind Popular and First BanCorp), Westernbank offers deposit accounts, credit cards, and trust and brokerage services. Subsidiary Westernbank Insurance sells a full range of coverage. Westernbank has grown in San Juan (Puerto Rico's capital); some locations offer a smaller, more casual setting (espresso is served) to attract more consumer clients.
Key numbers for fiscal year ending December, 2007:
Sales: $332.9M
One year growth: (6.5%)
Net income: ($68.3)M
Officers:
Chairman, President, and CEO; President and CEO, Westernbank: Frank C. Stipes
COO and Chief Retail Officer, Westernbank: Carlos Davila
SVP and CFO: Lidio V. Soriano
Competitors:
First BanCorp (Puerto Rico)
Popular, Inc.
Santander BanCorp
