IPO Profile

EuroBancshares Inc.
270 Mu�oz Rivera Avenue, San Juan, Puerto Rico 00918
Tel: 787-751-7340
Web: www.eurobankpr.com
Ticker: EUBK
Stock Exchange: Nasdaq
Shares Issued: 3,894,988.00
Price Offered: $14.00
Amount Raised: $54,460,000.00

Underwriters:
Keefe Bruyette & Woods
UBS Investment Bank
Brean Murray



Company Description:
We are a diversified financial holding company headquartered in San Juan, Puerto Rico, offering a broad array of financial services through our wholly owned banking subsidiary, Eurobank, and our wholly owned insurance agency subsidiary, EuroSeguros, Inc. As of December 31, 2003, we had, on a consolidated basis, total assets of $1.3 billion, net loans and leases of $890.0 million, total deposits of $984.5 million, and stockholders� equity of $65.1 million. We currently operate through a network of 21 branch offices located throughout Puerto Rico. On May 3, 2004, we acquired all of the capital stock of BankTrust, a commercial bank headquartered in San Juan, Puerto Rico with $567.2 million in assets as of December 31, 2003. On a pro forma basis, as of December 31, 2003, giving effect to the acquisition and our recent issuance of shares of our common stock in a private placement offering related to that acquisition, we had total assets of $1.8 billion, net loans and leases of $1.2 billion, total deposits of $1.4 billion and stockholders� equity of $87.6 million.