Popular, Inc. Reports Quarterly Results

Popular, Inc. BPOP reported a net loss of $227.1 million for the quarter ended December 31, 2010, compared with net income of $494.1 million, as recasted, for the quarter ended September 30, 2010, and a net loss of $213.2 million for the quarter ended December 31, 2009. For the year ended December 31, 2010, the Corporation's net income totaled $137.4 million, compared with a net loss of $573.9 million for the same period in 2009