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home / news releases / BPOP - Popular Inc.: Provisions Reversals To Drive Earnings Before Loan Growth Picks Up

BPOP - Popular Inc.: Provisions Reversals To Drive Earnings Before Loan Growth Picks Up

Popular Inc.
  • The provision expense will likely remain subdued in the second half of the year as the allowance level is quite high relative to non-performing loans.
  • The loan portfolio will likely continue to decline in the year ahead before recovering.
  • The year-end target price suggests a small downside from the current market price. Further, BPOP is offering a low dividend yield.

For further details see:

Popular Inc.: Provisions Reversals To Drive Earnings Before Loan Growth Picks Up
Stock Information
Company Name: Popular Inc.
Stock Symbol: BPOP
Market: NASDAQ
Website: popular.com
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