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home / news releases / BPOP - Popular Inc. Is Attractively Valued And Situated In A Steadily Improving Local Environment


BPOP - Popular Inc. Is Attractively Valued And Situated In A Steadily Improving Local Environment

  • The strong loan growth witnessed in the first quarter will likely recur in the year ahead due to Puerto Rican economic factors.
  • Improvement in the asset mix and the sharp increase in interest rates will likely boost the margin this year.
  • Reserve releases will likely continue this year, albeit at a slower rate than last year. As a result, the net provision expense will likely increase from last year’s level.
  • The December 2022 target price suggests a decent upside from the current market price. Further, BPOP is offering a modest dividend yield.

For further details see:

Popular Inc. Is Attractively Valued And Situated In A Steadily Improving Local Environment
Stock Information

Company Name: Popular Inc.
Stock Symbol: BPOP
Market: NASDAQ
Website: popular.com

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