Popular, Inc. operates as a holding company. The firm engages in the provision of banking and financial services. It operates through the following segments: Banco Popular de Puerto Rico, Popular U.S., and Corporate Group. The Banco Popular de Puerto Rico segment includes commercial banking, consumer and retail banking, and other financial services. The Popular U.S. segment represents operations of the retail branch network in the mainland U.S., and equipment leasing and financing services. The Corporate Group segment consists the holding companies and investments. The company was founded on October 5, 1893, and is headquartered in San Juan, Puerto Rico.

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Popular (BPOP) achieves record earnings, focuses on digital transformation

Popular (BPOP) delivered strong financial performance, focusing on digital transformation and customer-centric strategies.
While facing challenges like uncertain rate hikes and inflation impacts, the company is poised for growth through technology investments and client relationship initiatives.
Opportunities in digital banking expansion and small business lending present avenues for revenue growth and market differentiation.
With a clear focus on shareholder returns and sustainable profitability, Popular (BPOP) aims to navigate challenges and capitalize on opportunities for long-term success.

Popular, Inc. reports robust Q1 earnings amidst Puerto Rico optimism

Popular, Inc. delivered a strong performance in Q1 2023, driven by loan growth and expense control.
Despite challenges in net interest margin and deposit fluctuations, the bank remains optimistic about Puerto Rico's future.
Opportunities lie in potential NIM improvement, hurricane recovery funds, and infrastructure financing.
Investor inquiries focused on yield information, cash position, capital return decisions, and dividend plans.

Popular reports stable Q2 earnings, eyes growth in Puerto Rico

Popular's Q2 performance reflects stable net income, strong loan growth, and improved noninterest income. The company's strengths lie in robust liquidity, positive credit quality trends, and strategic investments.
Challenges include managing operating expenses, limited updates on the PREPA bankruptcy resolution, and optimizing returns in the current interest rate environment. Opportunities exist in loan growth, deposit business strengthening, and economic activity boost from disaster recovery funds.
Overall, Popular's focus on financial stability, growth opportunities in Puerto Rico and the U.S., and strategic investments position the company well for future growth and resilience in a competitive market.

Popular Inc. reports robust Q3 earnings amidst economic support

Popular Inc. delivered a strong quarter with growth in net income and loan balances. Despite challenges in net interest margin and deposit costs, the company's credit quality and customer base remain robust.
Opportunities lie in government deposits increase, potential NII enhancements, and strategic loan portfolio purchases. Stabilization in deposit costs and fee income range provide a positive outlook for future performance.
Addressing challenges in margin and investments while leveraging strengths in customer base and digital channels will be key. Maintaining strong regulatory capital levels and prudent expense management are critical for sustained growth.

Popular Inc. reports resilient 2023 performance amidst challenges and opportunities

Popular Inc. navigated a challenging environment in 2023 with resilience, focusing on growth strategies, customer acquisition, and capital management. The company's financial performance remained solid, driven by a growing loan portfolio and strategic dividend increases. While facing fee impact challenges, Popular Inc. is optimistic about opportunities in the Puerto Rico economy and future banking operations.

Popular Inc. reports solid Q1 earnings, eyes growth amid challenges

Popular Inc. reported a strong quarter with solid financial performance and positive economic indicators in Puerto Rico. While facing challenges in certain loan segments and credit policies, the company is focused on capital planning and operational efficiency. Opportunities for growth include higher yields from loan renewals and attracting clients with alternative deposit options.

Popular (BPOP) reports strong Q2 earnings, eyes growth opportunities

Popular (BPOP) delivered a robust performance in Q2 2024, marked by strong financial results, improved credit quality, and positive consumer trends.
While facing challenges such as specific loan portfolio dynamics and economic uncertainties, the company remains well-positioned to capitalize on opportunities like federal funds disbursement and market growth.
Overall, Popular (BPOP) shows resilience, strategic foresight, and a commitment to shareholder value, positioning itself for continued success and growth in the future.

Popular Inc. reports Q3 earnings dip but sees growth opportunities

Popular Inc.'s Q3 performance reflects a mixed picture with growth in loan balances and net interest income, offset by a decrease in net income and higher credit loss provisions.
The company's strengths lie in its diversified loan portfolio, solid business activity in Puerto Rico, and commitment to enhancing shareholder value through share repurchases.
Challenges include managing credit risks, sustaining cost efficiency, and navigating competitive pressures, while opportunities exist in leveraging market trends and driving strategic growth initiatives.

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This week's busy earnings lineup features several top-rated Zacks stocks that may be flying under investors' radars leading up to their quarterly results on Thursday, January 25.

Don't Ignore These Top-Rated Stocks as Earnings Approach

Popular (BPOP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Popular (BPOP) Q4 Earnings Expected to Decline

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 opens on Thursday, January 25, 2024. Popular will hold a conference call to discuss the financial results the same day at 10:00 a.m. Eastern Time. The call will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation's website: www.popular.co.

Popular, Inc. to Report Fourth Quarter Results and Hold Conference Call on Thursday, January 25, 2024

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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 Financial Officer (“CFO”) since 2013, and in other senior leadership positions since joining Popular in 1997. He will be succeeded by Jorge J. García, currently Corporate Comptroller and Chief Accounting Officer. “Carlos has been an important contributor to our financial success,” said President a.

Popular Announces Retirement of Chief Financial Officer, Carlos J. Vázquez, and names Jorge J.

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Popular (BPOP) announces a 12.7% rise in its quarterly cash dividend. This is likely to continue to enhance shareholders' value.

Popular (BPOP) Declares a 12.7% Hike in Its Quarterly Dividend

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 share on its outstanding common stock. The dividend will be payable on January 2, 2024 to shareholders of record at the close of business on December 7, 2023. The $0.62 per share cash dividend represents an increase of $0.07, or approximately 13%, in the Corporation's quarterly common stock dividend.

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

Popular, Inc. (NASDAQ:BPOP ) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants Paul Cardillo - Investor Relations Ignacio Alvarez - President and CEO Carlos Vazquez - CFO Lidio Soriano - CRO Conference Call Participants Timur Braziler - Wells Fargo Securities Brett Rabatin - Hovde Group Alexander Twerdahl - Piper Sandler Broderick Preston - UBS Kelly Motta - KBW Operator Hello, and welcome to today's Popular Inc. 3Q Earnings Call. My name is Jordan, and I'll be coordinating your call today.

Popular's (BPOP) Q3 2023 Earnings Call Transcript

Popular (BPOP) came out with quarterly earnings of $1.90 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $5.70 per share a year ago.

Popular (BPOP) Surpasses Q3 Earnings and Revenue Estimates

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, including an after-tax goodwill impairment charge in our U.S. based equipment leasing subsidiary of $16.4 million, compared to net income of $151.2 million for the quarter ended June 30, 2023. Ignacio Alvarez, President and Chief Executive Officer, said: “We are pleased to report another strong quart.

Popular, Inc. Announces Third Quarter 2023 Financial Results

Popular (BPOP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Popular (BPOP) Expected to Beat Earnings Estimates: Should You Buy?

Popular (BPOP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Popular (BPOP) Beat Estimates Again in Its Next Earnings Report?

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 opens on Thursday, October 26, 2023. Popular will hold a conference call to discuss the financial results the same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation's website: www.popular.co.

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 its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on October 2, 2023 to shareholders of record at the close of business on September 8, 2023. About Popular, Inc. Popular, Inc. (NASDAQ: BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holdin.

Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share

Popular (BPOP) stock looks like an attractive investment option now, supported by strong fundamentals and decent growth prospects.

5 Reasons to Add Popular (BPOP) Stock to Your Portfolio Now

Popular, Inc. (BPOP) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, BPOP's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

Should You Buy Popular (BPOP) After Golden Cross?

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10 regional banks expected to buck a weak industry trend

Popular, Inc. (NASDAQ:BPOP ) Q2 2023 Earnings Conference Call July 26, 2023 11:00 AM ET Company Participants Paul Cardillo - Senior Vice President and Investor Relations Officer Ignacio Alvarez - President and Chief Executive Officer Carlos Vazquez - Executive Vice President and Chief Financial Officer Lidio Soriano - Executive Vice President and Chief Risk Officer Jorge Garcia - Senior Vice President and Corporate Comptroller Conference Call Participants Timur Braziler - Wells Fargo Securities Broderick Preston - UBS Alexander Twerdahl - Piper Sandler & Co. Kelly Motta - Keefe, Bruyette & Woods, Inc. Gerard Cassidy - RBC Capital Markets LLC Operator Good morning, everyone, and welcome to today's conference call titled Popular, Inc. Q2 2023 Earnings call. My name is Ellen, and I'll be coordinating the call for today.

Popular, Inc. (BPOP) Q2 2023 Earnings Call Transcript

Popular (BPOP) came out with quarterly earnings of $2.10 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $2.77 per share a year ago.

Popular (BPOP) Tops Q2 Earnings and Revenue Estimates

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, compared to net income of $159.0 million for the quarter ended March 31, 2023. Ignacio Alvarez, President and Chief Executive Officer, said: “Popular achieved another strong quarter, with net income of $151 million. We are particularly pleased by the growth in our loan portfolios, both in Puerto Rico and.

Popular, Inc. Announces Second Quarter 2023 Financial Results

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 August 14, 2023 (the “Redemption Date”), all outstanding $300,000,000 aggregate principal amount of the 6.125% Senior Notes due 2023 (the “2023 Notes”) issued by Popular. The redemption price for the 2023 Notes will be a price equal to 100% of the principal amount of the 2023 Notes to be so redeemed,.

Popular, Inc. Announces Redemption of Senior Notes Due 2023

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These 20 banks have had the largest cuts to earnings estimates

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 on Wednesday, July 26, 2023. Popular will hold a conference call to discuss the financial results the same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation's website: www.popular.com. Lis.

Popular, Inc. to Report Second Quarter Results and Hold Conference Call on Wednesday, July 26, 2023

News for Popular Stock (BPOP)