Popular, Inc. (BPOP)

NASDAQ: BPOP · IEX Real-Time Price · USD
86.58
-1.35 (-1.54%)
Apr 26, 2024, 4:00 PM EDT - Market closed
-1.54%
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]

Sector Financials
Founded 1893
Employees 9,237
Stock Exchange NASDAQ
Ticker Symbol BPOP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$98.25
(13.48% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

3 days ago - Business Wire

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,...

8 days ago - Business Wire

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...

21 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

Other symbols: CFGCMAFHNKEYMTBNYCB
2 months ago - Market Watch

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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.

Other symbols: FHNOZKWAL
4 months ago - Market Watch

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Market Watch

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

Other symbols: ALLYARESBACCCADECFGCMA
10 months ago - Market Watch

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...

10 months ago - Business Wire

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 ...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire