Popular, Inc. (BPOP)
Market Cap | 6.26B |
Revenue (ttm) | 2.57B |
Net Income (ttm) | 539.93M |
Shares Out | 72.25M |
EPS (ttm) | 7.52 |
PE Ratio | 11.56 |
Forward PE | 9.97 |
Dividend | $2.48 (2.86%) |
Ex-Dividend Date | Mar 13, 2024 |
Volume | 260,867 |
Open | 87.51 |
Previous Close | 87.93 |
Day's Range | 86.58 - 88.49 |
52-Week Range | 52.32 - 89.70 |
Beta | 0.83 |
Analysts | Buy |
Price Target | 98.25 (+13.48%) |
Earnings Date | Apr 23, 2024 |
About BPOP
Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and the British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit. It also offers commercial and industrial, commercial multi-family, commercial real estate, and residential mortgage loans; consumer loans, including personal loans, credit cards, automobile loans, home ... [Read more]
Financial Performance
In 2023, Popular's revenue was $2.57 billion, a decrease of -13.68% compared to the previous year's $2.98 billion. Earnings were $539.93 million, a decrease of -50.97%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for BPOP stock is "Buy." The 12-month stock price forecast is $98.25, which is an increase of 13.48% from the latest price.
News
Popular, Inc. Announces First Quarter 2024 Financial Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $103.3 million for the quarter ended March 31, 2024, compar...
Banco Popular Launches a New Campaign 'We Follow Your Rhythm'; Introduces Audio Branding
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Puerto Rico is a recognized global platform for musical talent, with a variety of rhythms and genres representing its cultural wealth. Rooted in that influence,...
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income...
Popular, Inc. to Report First Quarter Results and Hold Conference Call on Tuesday, April 23, 2024
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2024, before the market open...
Popular, Inc. to Participate in the RBC Capital Markets 2024 Financial Institutions Conference
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming RBC Capital Markets Financial Institutions Conference to be held in New Yo...
Fears about office-space loans are ‘overblown,' Citi says
While commercial-real-estate loan delinquencies will increase, the $39 billion that banks have already set aside to cover losses should be enough to mitigate any impact to the system, Citi analysts sa...
Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per share on its outstanding common sto...
Popular, Inc. Announces Fourth Quarter 2023 Financial Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $94.6 million for the quarter ended December 31, 2023, comp...
Popular, Inc. to Report Fourth Quarter Results and Hold Conference Call on Thursday, January 25, 2024
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2023, before the market o...
Here are Citi's top four regional-bank picks after a ‘tremulous year'
Western Alliance Bancorp, First Horizon Corp., Popular Inc. and Bank OZK drew top marks Tuesday out of the 18 banks covered by Citi analyst Ben Gerlinger.
Popular Announces Retirement of Chief Financial Officer, Carlos J. Vázquez, and names Jorge J.
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that Carlos J. Vázquez will retire effective March 31, 2024 after serving as Chief...
Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share, an Increase of $0.07 from its Prior Quarterly Common Stock Dividend of $0.55
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per sh...
Popular, Inc. Announces Third Quarter 2023 Financial Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $136.6 million for the quarter ended September 30, 2023, in...
Popular, Inc. to Report Third Quarter Results and Hold Conference Call on Thursday, October 26, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the third quarter ending September 30, 2023, before the market o...
Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common sto...
10 regional banks expected to buck a weak industry trend
Bank stocks took a pounding on Tuesday, after Moody's downgraded its credit ratings for several smaller regional banks and put six larger players on review for possible downgrades. Below is a screen o...
Popular, Inc. Announces Second Quarter 2023 Financial Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $151.2 million for the quarter ended June 30, 2023, compare...
Popular, Inc. Announces Redemption of Senior Notes Due 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (“Popular”) (NASDAQ: BPOP) announced today that it has delivered a redemption notice to The Bank of New York Mellon, as trustee, to redeem, on Aug...
These 20 banks have had the largest cuts to earnings estimates
Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big s...
Popular, Inc. to Report Second Quarter Results and Hold Conference Call on Wednesday, July 26, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the second quarter ending June 30, 2023, before the market opens...
AccurKardia Announces Final Closing of $2.7 Million Series Seed Round
NEW YORK--(BUSINESS WIRE)--AccurKardia, Inc., a medical AI software company delivering clinical-grade ECG interpretation software, today announced the final closing and completion of its $2.7 million ...
Popular, Inc. Announces First Quarter 2023 Financial Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $159.0 million for the quarter ended March 31, 2023, compar...
Popular, Inc. to Report First Quarter Results and Hold Conference Call on Wednesday, April 26, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2023, before the market opens...
Popular, Inc. Announces Pricing of Public Offering of $400,000,000 Principal Amount of Its 7.25% Senior Notes Due 2028
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (“Popular”) (NASDAQ:BPOP) announced today that it has agreed to sell an aggregate of $400,000,000 principal amount of its 7.25% Senior Notes due 2...
Popular, Inc. Announces Fourth Quarter 2022 Financial Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $257.1 million for the quarter ended December 31, 2022, c...