BPOP News and Press, Popular Inc. From 04/20/23

2023-04-20 07:30:00 ET Summary It has been a rollercoaster ride for the Banks sector over the past month and a half. In this article, we take a look at some of the key metrics investors ought to be familiar with which explain a lot of the price action so far. We also highlight...

2023-04-19 20:56:32 ET Summary Last year's rapid economic improvement in Puerto Rico seems to have taken a breather in the last few months. Therefore, I've decided to reduce my loan growth estimate. The December 2023 target price suggests a high upside from the current market pric...

Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2023, before the market opens on Wednesday, April 26, 2023. Popular will hold a conference call to discuss the financial results the same day at 11:00 a.m. Easter...

2023-03-25 10:44:38 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For furthe...

2023-03-15 12:52:31 ET Crowning Western Alliance Bancorp ( WAL ) as its top buy (price target of $15) among 19 mid-cap banks that UBS initiated coverage on Wednesday, analysts believe that these regional banks are in "no man's land", with funding and credit concerns in focus, and ...

2023-03-11 09:08:52 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The D...

2023-03-09 08:37:39 ET Popular, Inc. ( NASDAQ: BPOP ) has priced an offering of $400M principal amount of its 7.25% Senior Notes due 2028. The notes, maturing on March 13, 2028, will bear interest at a rate of 7.25% per year. Net proceeds from the offering will be used...

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...