Popular IncBPOP
BPOP
About: Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, a bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. The Corporation's reportable segments consist of Banco Popular de Puerto Rico and Popular U.S.
Employees: 9,406
0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
35% more call options, than puts
Call options by funds: $1.93M | Put options by funds: $1.43M
0.43% more ownership
Funds ownership: 87.04% [Q3] → 87.47% (+0.43%) [Q4]
7% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 54
2% less funds holding
Funds holding: 350 [Q3] → 342 (-8) [Q4]
7% less capital invested
Capital invested by funds: $6.31B [Q3] → $5.87B (-$442M) [Q4]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 5 (-2) [Q4]
31% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 144
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$110
18%
upside
Avg. target
$116
25%
upside
High target
$129
38%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Wells Fargo Timur Braziler 47% 1-year accuracy 15 / 32 met price target | 18%upside $110 | Equal-Weight Maintained | 30 Jan 2025 |
RBC Capital Gerard Cassidy 48% 1-year accuracy 16 / 33 met price target | 18%upside $110 | Outperform Maintained | 29 Jan 2025 |
Keefe, Bruyette & Woods Kelly Motta 39% 1-year accuracy 7 / 18 met price target | 38%upside $129 | Outperform Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 3 articles about BPOP published over the past 30 days
Neutral
Business Wire
3 weeks ago
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 Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on March 31, 2025 to holders of record as of March 15, 2025. The Corporation also announced the following monthly distribution on its outstanding Trust Pr.
Neutral
Business Wire
4 weeks ago
Popular Announces Chief Executive Officer Ignacio Alvarez Will Retire on June 30, 2025; Board Appoints President & COO Javier D. Ferrer to Become Popular's Next CEO
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that Ignacio Alvarez will retire effective June 30, 2025 after serving as Chief Executive Officer (“CEO”) since 2017. He will be succeeded by Javier D. Ferrer, currently President and Chief Operating Officer (“COO”). Richard L. Carrión, Chairman of Popular's Board of Directors, said, “The Board would like to thank Ignacio for his important contributions over the past 15 years. H.
Neutral
Business Wire
4 weeks ago
Popular, Inc. Declares a Cash Dividend of $0.70 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 $0.70 per share on its outstanding common stock. The dividend will be payable on April 1, 2025 to shareholders of record at the close of business on March 18, 2025. 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 holding com.
Neutral
Business Wire
1 month ago
Popular, Inc. to Participate in the 2025 RBC Capital Markets Global 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 Global Financial Institutions Conference to be held in New York City on Wednesday March 5, 2025. Jorge J. Garcia, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 2:40 p.m. Eastern Time. A live audio webcast will be accessible through the Popular, Inc. Investor Relations website at https://investor.popular.com/eng/i.
Positive
Seeking Alpha
1 month ago
Series A Preferred Shares Of Popular, Inc. Offer Stable Monthly Income
Popular, Inc.'s Series A Preferred Shares offer a yield near 6.5% with monthly dividends that have been paid without interruption for more than 20 years. Puerto Rican banks, including Popular, Inc., benefit from an oligopolistic market. Popular, Inc. has improved several financial metrics since I last covered its Series A Preferred Shares in 2020.
Neutral
Business Wire
1 month ago
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 Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on February 28, 2025 to holders of record as of February 15, 2025. The Corporation also announced the following monthly distribution on its outstanding Tr.
Negative
Zacks Investment Research
1 month ago
Popular Q4 Earnings & Revenues Beat on Higher NII, Provisions Fall Y/Y
A rise in NII, along with higher loan and deposit balances, aids BPOP's Q4 earnings. Yet, a rise in costs and a fall in fee income are headwinds.
Neutral
Seeking Alpha
1 month ago
Popular, Inc. (BPOP) Q4 2024 Earnings Conference Call Transcript
Popular, Inc. (BPOP) Q4 2024 Earnings Conference Call Transcript
Positive
Zacks Investment Research
1 month ago
Popular (BPOP) Q4 Earnings and Revenues Surpass Estimates
Popular (BPOP) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.94 per share a year ago.
Neutral
Business Wire
1 month ago
Popular, Inc. Announces Fourth Quarter 2024 Financial Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $177.8 million for the quarter ended December 31, 2024, compared to net income of $155.3 million for the quarter ended September 30, 2024. Ignacio Alvarez, Chief Executive Officer, said: “Our financial results for the fourth quarter were solid, with net income of $178 million. We achieved strong loan growth and continued to increase our net interest income.
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