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BPOP News and Press, Popular Inc. From 07/23/20

Stock Information

Company Name: Popular Inc.
Stock Symbol: BPOP
Market: NASDAQ
Website: popular.com

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BPOP - Popular EPS beats by $0.57, misses on revenue

Popular (NASDAQ: BPOP ) : Q2 GAAP EPS of $1.49 beats by $0.57 . More news on: Popular, Inc., Earnings news and commentary, Financial stocks news, Read more ...

BPOP - Popular, Inc. Announces Second Quarter 2020 Financial Results

Net income of $127.6 million in Q2 2020, compared to net income of $34.3 million in Q1 2020. Net interest margin of 3.25% in Q2 2020, compared to 3.94% in Q1 2020; Net interest margin on a taxable equivalent basis of 3.56% in Q2 2020, compared to 4.34% in Q1 2020. Credit Qu...

BPOP - Popular Q2 2020 Earnings Preview

Popular (NASDAQ: BPOP ) is scheduled to announce Q2 earnings results on Thursday, July 23rd, before market open. The consensus EPS Estimate is $0.93 (-47.2% Y/Y) and the consensus Revenue Estimate is $617.68M (+0.5% Y/Y). Over the last 2 years, BPOP has beaten EPS estimates 75% of th...

BPOP - Popular Updates Loans Granted Under the SBA Payroll Protection Program (PPP)

Popular announced today that as of June 30, 2020, it had originated $928 million in loans during the second round of the Small Business Administration (SBA) Paycheck Protection Program (PPP). This amount, along with the $496 million closed in the first round of the PPP, results in $1.424 bill...

BPOP - Popular, Inc. to Report Second-Quarter Results and Hold Conference Call on Thursday, July 23, 2020

Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the second quarter ending June 30, 2020, before the market opens on Thursday, July 23, 2020. Popular will hold a conference call to discuss the financial results the same day at 11:00 a.m. East...

BPOP - Dividend Challenger Highlights: Week Of June 28

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

BPOP - Banco Popular's digital platform reaches 1M users

Banco Popular’s ( BPOP +0.4% ) digital platform Mi Banco has reached 1M monthly active users. More news on: Popular, Inc., Financial stocks news, Read more ...

BPOP - Banco Popular's Digital Platform Reaches One Million Users During the Pandemic

Banco Popular reported today that its digital platform Mi Banco has reached one million monthly active users. This unprecedented figure demonstrates Popular's leadership in digital banking for the Island. “Reaching one million active users of Mi Banco is a great honor, as it refl...

BPOP - Popular, Inc.: Rate Sensitive Margin To Drag Down Earnings

Earnings per share of Popular Inc. (BPOP) plunged by 79% sequentially in the first quarter due to a hike in provision expense amid the COVID-19 pandemic. Earnings will likely recover from the first quarter's lows but remain below the 2019 level in the remainder of the year. A decline in net in...

BPOP - Popular Completes $500 Million Accelerated Share Repurchase Transaction

Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that the Corporation has completed its $500 million accelerated share repurchase transaction (“ASR”) for 2020 with respect to its common stock. As previously disclosed, on M...

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