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BPOP News and Press, Popular Inc. From 02/23/22

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

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BPOP - Popular raises dividend by 22% to $0.55

Popular (NASDAQ:BPOP) declares $0.55/share quarterly dividend, 22.2% increase from prior dividend of $0.45. Forward yield 2.46% Payable April 1; for shareholders of record March 15; ex-div March 14. See BPOP Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

BPOP - Popular, Inc. Declares a Cash Dividend of $0.55 Per Common Share

Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on April 1, 2022 to shareholders of record at the close of business on March 15, 2022. A...

BPOP - Popular: Revising Up The Earnings Estimate Because Of Rosier Outlook On The Margin

The steady economic recovery in Puerto Rico will drive the loan portfolio. Due to a large cash position, the net interest income is quite sensitive to a rate hike. Higher credit costs and operating expenses will likely lead to an earnings decline on a year-over-year basis. The...

BPOP - Popular, Inc. Announces Fourth Quarter 2021 Financial Results

Net income of $206.1 million in Q4 2021, compared to net income of $248.1 million in Q3 2021. Net income of $934.9 million for the year 2021, compared to net income of $506.6 million for the year 2020. Net interest margin of 2.78% in Q4 2021, compared to 2.77% in Q3 ...

BPOP - Popular Bank Appoints Adam Dejak to Lead Residential Mortgage Lending Division

Popular Bank , a subsidiary of Popular, Inc. (NASDAQ: BPOP) announced the appointment of Adam E. Dejak as National Director of Residential Lending for Popular Mortgage. Mr. Dejak will oversee the bank’s residential mortgage business and will be responsible for driving growth ...

BPOP - Popular, Inc. to Report Fourth Quarter Results and Hold Conference Call on Thursday, January 27, 2022

Popular, Inc. (NASDAQ: BPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2021, before the market opens on Thursday, January 27, 2022. Popular will hold a conference call to discuss the financial results the same day at 1...

BPOP - Dividend Champion, Contender, And Challenger Highlights: Week Of December 26

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 further details see: Dividend Champion, Contender, An...

BPOP - Popular Bank's Easy Access Checking Receives Certification by Banking Advocates as a Safe, Affordable Account

Popular Easy Access Checking has been certified as meeting the Bank On National Account Standards for safe and affordable consumer transaction accounts as defined by the Cities for Financial Empowerment Fund. Popular Bank , a subsidiary of Popular, Inc. (NASDAQ: BPOP...

BPOP - Popular: Earnings Likely To Dip After An Extraordinary Year

The economic recovery will likely drive loan growth. Further, pressure from the forgiveness of Paycheck Protection Program loans will be low as most of the forgiveness is already over. Loan growth will likely lead to a higher provision expense next year. The December 2022 target p...

BPOP - Financial Times' The Banker Magazine Selects Banco Popular De Puerto Rico "Bank of the Year - Puerto Rico"

Popular, Inc. (NASDAQ: BPOP) announced that Banco Popular de Puerto Rico (BPPR), its Puerto Rico-based banking subsidiary, was selected “Bank of the Year - Puerto Rico” by The Banker, The Financial Times’ international banking magazine. BPPR has received this no...

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