BPOP News and Press, Popular Inc. From 04/26/23

Net income of $159.0 million in Q1 2023, compared to net income of $257.1 million in Q4 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. Net interest margin of 3.22% in Q1 2023, compared...

2023-04-25 12:49:25 ET Popular ( NASDAQ: BPOP ) is scheduled to announce Q1 earnings results on Wednesday, April 26th, before market open. The consensus EPS Estimate is $2.03 (-24.5% Y/Y) and the consensus Revenue Estimate is $690.66M (+6.4% Y/Y). Over the last 2 years...

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...