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Puerto Rico Banking Stability Index

The index continued improving as of the first quarter of 2021. Increased from 0.52 in the first quarter of 2020 to 0.55 in the fourth quarter of 2020 and then to 0.61 in the first quarter of 2021.

 The industry’s profitability improved during the quarter with the return on assets (ROA) increasing for the fifth consecutive quarter from 0.49% in the first quarter of 2020 to 1.42% in the first quarter of 2021.

 Nonperforming loans to total loans (NPLs) show a sequential improvement from 6.57% in the third quarter of 2020 to 5.47% in the first quarter of 2021.

 The solvency of the industry remains strong with the equity capital to total assets at 8.81% in the first quarter of 2021, although lower than 11.74% in the first quarter of 2020.

Financial Stability Index for the Credit Union Industry in Puerto Rico

  The index increased from 0.38 in the fourth quarter 2019 to 0.48 in the second quarter 2020 and to 0.70 in the fourth quarter.



 Total deposits rose 20% year-on-year to $10.3 billion in the fourth quarter 2020, while loan balances increased 0.21% year-on-year to $5.2 billion, leading up to an improvement in the loan to deposit ratio from 87.63% in the fourth quarter 2019 to 71.27% in the fourth quarter 2020. The trend in asset quality also improved with the nonperforming loans ratio falling from 3.18% to 2.71% during the period. 



Recent economic data continue showing improvements in the island’s economy after the sharp disruption caused by the coronavirus lockdown a year ago.


  Labor market conditions continue to improve.


  The commercial sector continues to strengthen with notable growth in retail and auto sales volume.


  The housing market continues to experience a positive trend with strong  growth in home sales and a positive trend in average prices.

  Manufacturing activity continues to show strength.


Stay up to date on the latest indicators about employment, unemployment, manufacturing activity, home sales, auto sales, among others. 








José J. Villamil, B.Sc.


Founder and Chief Executive Officer

Graham Castillo Pagán, JD


President and Chief Operating Officer

Lcda. Anitza M. Cox, MEd.


Social Analysis and Policy Division

Wanda Crespo, MP, PPL.


Urban, Environmental, and Regional Planning Division

Carlos Torija, MS.


Statistics Division