August 31, 2016 10:08 PM ET

Banks

Company Overview of TotalBank

Company Overview

TotalBank operates as an integrated retail-commercial bank. Its personal banking services include checking and savings accounts, overdrafts, money market accounts and certificates of deposit (CDs), retirement accounts, residential mortgages, personal loans, credit cards, and online banking services. The company’s business banking services comprise checking and savings accounts, money market accounts and CDs, business loans, treasury management services, merchant services, credit cards, and other professional services. It also offers non-profit banking and financing, wealth management, and treasury management services; international banking services, including personal and business banking se...

2720 Coral Way

Miami, FL 33145

United States

Founded in 1974

Phone:

305-448-6500

Fax:

305-448-8201

Key Executives for TotalBank

Chairman and Chief Executive Officer
President
Chief Financial Officer, Executive Vice President and Director
Chief Operating Officer, Executive Vice President and Director
Senior Vice President and Information & Corporate Security Officer
Compensation as of Fiscal Year 2016.

TotalBank Key Developments

Banco Popular Reportedly In Talks to Sell TotalBank

Banco Popular Espanol S.A. (BME : POP) is reportedly considering the sale of TotalBank. Popular looks to cut costs and clean up a balance sheet weighed down by soured property loans. Popular reportedly could hire Deutsche Bank to handle the sale if it went ahead. Popular recently fired its chief executive in July and announced a cost-cutting plan.

TotalBank Announces Earnings Results for the Second Quarter and Six Months of 2016

TotalBank announced earnings results for the second quarter and six months of 2016. For the quarter, the company's earnings reflecting substantive growth across several key metrics, including a 44% increase in net income as compared to second quarter 2015. With $10.08 million in year-to-date net income, the company has seen consistent increases in net income for the past eight quarters.

TotalBank Rumored To Be For Sale

TotalBank has been rumored to be for sale, according to SNL Bank and Thrift Daily.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 7, 2016
4-acre Site at 17945 Franjo Road
 

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