BPOP News and Press, Popular Inc. From 03/09/23

Popular, Inc. (“Popular”) (NASDAQ:BPOP) announced today that it has agreed to sell an aggregate of $400,000,000 principal amount of its 7.25% Senior Notes due 2028 (the “Senior Notes”). Popular intends to use the net proceeds from the offering to redeem or repay in ful...

Summary Evertec's first-hand knowledge of the Latin American/ Caribbean markets gives it an inherent competitive advantage against its peers. Popular has been a significant part of Evertec's growth process. Evertec gave an EPS guidance of $2.53 to $2.64 for FY 2023 and revenue guida...

Summary First BanCorp's fourth quarter results were basically in line with expectations, but there wasn't much to get excited about in terms of core growth. Loan originations are putting attractively-priced business on the books, but earning assets aren't likely to grow much in 2023 and...

If 2022 taught us anything, it’s that we need to swing our portfolios away from this: We’re Fading “Cardiac” Share-Price Action Like This … That’s the chart of “America’s ticker”—the SPDR S&P 500 ETF Tru...

Summary Popular's fourth quarter results varied away from the typical bank earnings report, and not in a good way, with pressures on spread income, fee income, and pre-provision profits. 2023 is looking like a more challenging year, as the bank isn't seeing loans reprice as quickly as d...

Popular, Inc. (BPOP) Q4 2022 Earnings Conference Call January 25, 2023 10:00 AM ET Company Participants Paul Cardillo - Investor Relations Officer Ignacio Alvarez - Chief Executive Officer Javier Ferrer - Chief Operating Officer Carlos Vazquez - Chief Financial Off...

The following slide deck was published by Popular, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: Popular, Inc. 2022 Q4 - Results - Earnings Call Presentation

Popular press release ( NASDAQ: BPOP ): Q4 GAAP EPS of $3.56 beats by $0.94 . Revenue of $718.03M (+7.8% Y/Y) misses by $12.79M . For further details see: Popular GAAP EPS of $3.56 beats by $0.94, revenue of $718.03M misses by $12.79M

Net income of $257.1 million in Q4 2022, compared to net income of $422.4 million in Q3 2022; the results of Q4 2022 included a tax benefit of $68.2 million related to the partial release of the deferred tax valuation allowance in the U.S., while the Q3 2022 results included the benefit of the Ev...

Popular ( NASDAQ: BPOP ) is scheduled to announce Q4 earnings results on Wednesday, January 25th, before market open. The consensus EPS Estimate is $2.62 (+1.6% Y/Y) and the consensus Revenue Estimate is $730.82M (+9.7% Y/Y). Over the last 2 years, BPOP has beaten EPS estima...