{"id":3057,"date":"2014-06-17T17:46:49","date_gmt":"2014-06-17T21:46:49","guid":{"rendered":"https:\/\/v2aconsulting.com\/insights\/pr-banking-industry-report-january-to-march-2014\/"},"modified":"2025-01-16T14:28:00","modified_gmt":"2025-01-16T18:28:00","slug":"pr-banking-industry-report-january-to-march-2014","status":"publish","type":"insights","link":"https:\/\/v2aconsulting.com\/es\/insights\/pr-banking-industry-report-january-to-march-2014\/","title":{"rendered":"PR Banking Industry Report - January to March 2014"},"content":{"rendered":"<p>The local banking industry's Q1 2014 Pre-Tax ROE reached 6.8%, certainly a positive development given the beleaguered state of the economy, but still remains well below pre-crisis levels of profitability. Cost rationalization and strategic focus in high-performing areas is critical given a local environment with few organic growth opportunities. Capital ratios continue to improve for most banks while asset quality slightly deteriorated during this last quarter. The behavior of NPL ratios is certainly something that should be closely tracked in the coming quarters, particularly in light of worsening labor market indicators. The potential further deterioration of the Island's precarious economic and fiscal state could adversely impact those banks with sizeable exposure to PR government's loans, deposits and securities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The local banking industry's Q1 2014 Pre-Tax ROE reached 6.8%, certainly a positive development given the beleaguered state of the economy, but still remains well below pre-crisis levels of profitability. Cost rationalization and strategic focus in high-performing areas is critical given a local environment with few organic growth opportunities. Capital ratios continue to improve for most banks while asset quality slightly deteriorated during this last quarter. The behavior of NPL ratios is certainly something that should be closely tracked in the coming quarters, particularly in light of worsening labor market indicators. The potential further deterioration of the Island's precarious economic and fiscal state could adversely impact those banks with sizeable exposure to PR government's loans, deposits and securities.<\/p>\n","protected":false},"author":1,"featured_media":3024,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"categories":[2],"tags":[],"industry":[41],"market":[57],"service":[49],"insight-type":[55],"class_list":["post-3057","insights","type-insights","status-publish","has-post-thumbnail","hentry","category-sin-categorizar","industry-servicios-financieros","market-puerto-rico-es","service-analitica-para-negocios-y-mercado","insight-type-reporte"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.4 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PR Banking Industry Report - January to March 2014 - V2A<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/v2aconsulting.com\/es\/insights\/pr-banking-industry-report-january-to-march-2014\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PR Banking Industry Report - January to March 2014\" \/>\n<meta property=\"og:description\" content=\"The local banking industry&#039;s Q1 2014 Pre-Tax ROE reached 6.8%, certainly a positive development given the beleaguered state of the economy, but still remains well below pre-crisis levels of profitability. 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