BPOP News and Press, Popular Inc. From 08/11/22

Evertec ( NYSE: EVTC ) said that Popular, Inc. ( NASDAQ: BPOP ) has commenced an underwritten secondary offering of 6,355,694 shares of the company’s common stock. The selling stockholder will receive all of the net proceeds from the offering. The compan...

The management's new investment plans and economic strength in Puerto Rico will drive loan growth through 2023. Management's investment plans and inflationary pressure on salaries will likely lift non-interest expenses. Provisioning will likely get closer to the historical average...

UBS surveyed its analysts for stocks with attractive upside vs. downside in volatile markets. "We've focused on stocks where we believe our analysts have a truly differentiated view vs. consensus, and where we have interesting or proprietary data sources (from UBS Evidence Lab or el...

Popular, Inc. (BPOP) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Paul Cardillo - Investor Relations Officer Ignacio Alvarez - Chief Executive Officer Carlos Vazquez - Chief Financial Officer Lidio Soriano - Chief Risk Offic...

The following slide deck was published by Popular, Inc. in conjunction with their 2022 Q2 earnings call. For further details see: Popular, Inc. 2022 Q2 - Results - Earnings Call Presentation

Popular ( NASDAQ: BPOP ): Q2 GAAP EPS of $2.77 beats by $0.21 (vs. $2.66 in prior-year quarter). Revenue of $691.27M (+7.6% Y/Y) beats by $35M . For further details see: Popular Q2 GAAP EPS, revenue beats

Net income of $211.4 million in Q2 2022, compared to net income of $211.7 million in Q1 2022. Net interest margin of 3.09% in Q2 2022, compared to 2.75% in Q1 2022; net interest margin on a taxable equivalent basis of 3.45% in Q2 2022, compared to 3.05% in Q1 2022. C...

Popular ( NASDAQ: BPOP ) is scheduled to announce Q2 earnings results on Thursday, July 28th, before market open. The consensus EPS Estimate is $2.53 (-4.9% Y/Y) and the consensus Revenue Estimate is $656.27M (+2.2% Y/Y). Over the last 2 years, BPOP has beaten EPS es...

Popular ( NASDAQ: BPOP ) declared a monthly dividend of $0.1328/share on 6.375% non-cumulative monthly income preferred stock, 2003 series A, in line with previous. Forward yield 2.06% Payable Aug. 1; for shareholders of record July 15; ex-div July 14. S...

Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that its wholly owned subsidiary, Banco Popular de Puerto Rico (“BPPR”), has completed its previously announced acquisition of certain assets and assumption of certain...