Popular Inc at RBC Global Financial Institutions Conference Transcript
Good afternoon, everyone. This is Gerard Cassidy from RBC Capital Markets. Thank you for joining us for the 2020 RBC Capital Markets Global Financial Institutions Conference. It's a virtual conference, obviously, due to the coronavirus. And with us for this fireside chat is Popular, Inc. Joining us from Popular is Carlos Vázquez. He's Executive Vice President and Chief Financial Officer. As many of you know, obviously, Popular is headquartered in Puerto Rico. The company today has, in terms of assets, approximately $52 billion in assets and it has a market cap today of about $3.4 billion. From a profitability standpoint, on a core basis, we calculate the core ROA last year coming in at 127 basis points and then the core ROE coming in at about 11.4%.
Carlos, thank you so much for joining us. It's a real privilege to have you join us.
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Happy to be here.
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