EVERTEC, Inc. wants to expand its operations in Mexico, Panama and Colombia, EVERTEC told ISO & Agent Weekly. A company spokesperson said, �Popular would consider acquisition opportunities as part of our corporate strategy to enter new markets in our core business.� EVERTEC is a subsidiary of Popular Inc. �Specific industries include distribution and retail, though these expansion plans are continuously developing and, as of today, we don't have specific details,� the spokesperson added.

Popular Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income applicable to common stockholders was $595,614,000 or $1.40 per basic and diluted common share on net interest income of $276,389,000 against net loss applicable to common stockholders was $679,772,000 or $2.42 per basic and diluted common share on net interest income of $324,282,000 in the same period of last year. Interest income was $454,463,000 against $555,481,000 in the same period of last year. Loss from continuing operations before income tax was $115,230,000 against $62,865,000 in the same period of last year. Loss from continuing operations, net of income tax was $121,561,000 or $1.41 earnings per basic and diluted common share against loss from continuing operations; net of income tax was $211,173,000 or $0.79 per basic and diluted common share in the same period of last year. Book value per common share as on September 30, 2009 was $4.21 against $8.59 as at September 30, 2008. Negative return on assets was 1.38% against 6.55% in the same period of last year. Negative on common equity was 26.24% against 93.32% in the same period of last year. For the nine months ended September 30, 2009, the company reported net income applicable to common stockholders was $310,604,000 or $0.94 per basic and diluted common share on net interest income of $831,935,000 against net loss applicable to common stockholders was $561,213,000 or $2.00 per basic and diluted common share on net interest income of $990,338,000 in the same period of last year. Interest income was $1,414,701,000 against $1,732,581,000 in the same period of last year. Loss from continuing operations before income tax was $355,929,000 against income from continuing operations before income tax was $99,706,000 in the same period of last year. Loss from continuing operations, net of income tax was $340,720,000 or $1.00 earnings per basic and diluted common share against loss from continuing operations; net of income tax was $52,761,000 or $0.27 per basic and diluted common share in the same period of last year. Negative return on assets was 1.30% against 1.75% in the same period of last year. Negative on common equity was 31.48% against 24.57% in the same period of last year.

On September 30, 2009 Popular Inc. entered into agreements with two institutional investors owning $175 million of the $250 million outstanding of the Corporation's Floating Rate Notes due 2011 to eliminate the right of such holders to require the Corporation to repurchase the Notes on certain dates prior to their stated maturity. In exchange for relinquishing this right, the Corporation agreed to pay additional interest on the Notes held by these investors of 1.5% per annum, increasing the interest rate on the Notes from LIBOR plus 4.5% to LIBOR plus 6.0. The Notes were issued in September 2008 in a private offering pursuant to Rule 144A under the Securities Act of 1933. On October 1, 2009, the corporation filed with the Secretary of State of the Commonwealth of Puerto Rico certificates of elimination eliminating from its Certificate of Incorporation all matters set forth in the Corporation's Certificate of Incorporation relating to the Corporation's Series A Participating Cumulative Preferred, 8.35% Non-Cumulative Monthly Income Preferred Stock, 1994 Series A and Fixed Rate Cumulative Perpetual Preferred Stock, Series C. No shares of any of the Participating Preferred Stock, 1994 Series A Preferred Stock or the Series C Preferred Stock were outstanding.