October 2026
Largest Public Companies in Puerto Rico
Benchmark revenue and EBITDA valuation multiples for public comps like
Popular Bank, First Bank Puerto Rico, OFG Bancorp, Evertec and Liberty Latin America.
 | Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, a bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. The Corporation’s reportable segments consist of Banco Popular de Puerto Rico and Popular U.S. | $158 | +41% | $10B | $10B | 3.3x | - | ||
| First BanCorp is a bank holding company headquartered in San Juan, Puerto Rico, and the parent of FirstBank Puerto Rico. The bank traces its origins to 1948, when it was established in Puerto Rico as a savings and loan institution with $200,000 of capital. It offers consumer, mortgage, commercial and corporate banking and treasury services to retail, commercial and institutional clients in Puerto Rico, the US and British Virgin Islands and Florida. As of December 31, 2025 it had total assets of $19.1 billion, loans held for investment of $13.1 billion and deposits of $16.7 billion. FirstBank operates from its main office in San Juan, 57 branches in Puerto Rico, eight in the Virgin Islands and eight in Florida. Most of its revenue is net interest income from consumer lending and deposit-taking in Puerto Rico, supplemented by fees and mortgage banking income. In September 2020 it completed the acquisition of Banco Santander de Puerto Rico, which it had agreed to buy in October 2019. First BanCorp is listed on the NYSE under the ticker FBP and is led by president and chief executive Aurelio Alemán. | $27 | +38% | $4.1B | $4.1B | 4.3x | - | ||
| OFG Bancorp is a financial holding company, through its subsidiaries provides banking and financial services. It operates through three segments namely Banking, Wealth Management, and Treasury. It serves to clients such as commercial, consumer, auto, and mortgage lending, checking and savings accounts, financial planning, insurance, financial services, and investment brokerage, and corporate and individual trust and retirement services. The company derives maximum revenue from Banking Segment. It provides services in the region of Puerto Rico. | $52 | +33% | $2.2B | $2.2B | 3.2x | - | ||
| Evertec is a full-service transaction processor and financial technology provider headquartered in San Juan, Puerto Rico, and listed on the New York Stock Exchange under the symbol EVTC. It provides merchant acquiring, payment services and business process management services in Latin America, Puerto Rico and the Caribbean, and operates in 26 Latin American countries. The company owns and operates the ATH network, one of the leading PIN debit networks in Latin America, and manages electronic payment networks that process over ten billion transactions annually. It began in 1998 as part of Banco Popular de Puerto Rico and was founded as a subsidiary of the bank in 2004. In 2010 Apollo Management acquired 51% of Evertec, and the company listed on the NYSE in 2013. It has more than 5,000 employees and has expanded through acquisitions in Colombia, Chile, Peru, Costa Rica, Argentina, Mexico and Brazil, including Sinqia, Tecnobank and Dimensa. | $31 | +8% | $1.8B | $3B | 3.2x | 9.1x | ||
| Liberty Latin America Ltd is a telecommunications company. It is a provider of video, broadband internet, fixed-line telephony, and mobile services to residential and business customers. The company's reportable segments include C&W Caribbean, Liberty Networks, C&W Panama, VTR, Liberty Puerto Rico and Liberty Costa Rica. The company generates the majority of its revenue from C&W Caribbean, and Liberty Puerto Rico segments. | $8 | 0% | $1.5B | $9.8B | 2.2x | 10.8x | ||
| Median | $31 | +33% | $2.2B | $4.1B | 3.2x | 9.9x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.