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BPOP - Popular: Revising Up The Earnings Estimate Because Of Rosier Outlook On The Margin
February, 22 2022 09:24 PM
Popular Inc.
The steady economic recovery in Puerto Rico will drive the loan portfolio. Due to a large cash position, the net interest income is quite sensitive to a rate hike. Higher credit costs and operating expenses will likely lead to an earnings decline on a year-over-year basis. The year-end target price suggests a high upside from the current market price. Further, BPOP is offering a decent dividend yield. For further details see:
Popular: Revising Up The Earnings Estimate Because Of Rosier Outlook On The Margin
Stock Information
Company Name:
Popular Inc.
Stock Symbol:
BPOP
Market:
NASDAQ
Website:
popular.com
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