BranchWatch

Banks in Puerto Rico

Deposit market share, branch network and structure changes for Puerto Rico, from official FDIC data.

Active branches
261
Deposits (2025)
$83.8B
Closings on record
41
Openings on record
1

Largest retail branch networks in Puerto Rico (2025)

BankDepositsShareYoYBranches
Banco Popular de Puerto Rico$54.1B64.6%+2.4%157
FirstBank Puerto Rico$13.3B15.8%-0.6%57
Oriental Bank$9.8B11.7%+5.9%43

Includes institutions reporting at least five active branches in Puerto Rico. Deposit share is calculated against all deposits assigned to Puerto Rico offices, so the shares shown do not sum to 100%.

All institutions by deposits assigned to Puerto Rico offices

BankDepositsShareYoYBranches
Banco Popular de Puerto Rico$54.1B64.6%+2.4%157
FirstBank Puerto Rico$13.3B15.8%-0.6%57
Oriental Bank$9.8B11.7%+5.9%43
Citibank$5.4B6.4%+13.8%2
Banesco USA$1.0B1.2%+94.7%1
Nave Bank$173M0.2%+70.0%1

Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors. Banks that book nationwide deposits at a single office (for example brokerage or direct banks) can rank far above their local branch presence.

Closings

Transcribed from FDIC BankFind Suite structure-change records, active-location records and the annual Summary of Deposits (June 30 reporting date). Market share is each bank's share of all deposits assigned to FDIC-insured offices in the state.