Popular IncBPOP
BPOP
About: Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, a bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. The Corporation's reportable segments consist of Banco Popular de Puerto Rico and Popular U.S.
Employees: 9,237
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
15% more call options, than puts
Call options by funds: $1.65M | Put options by funds: $1.43M
0.28% more ownership
Funds ownership: 87.05% [Q3] → 87.33% (+0.28%) [Q4]
5% less funds holding
Funds holding: 350 [Q3] → 334 (-16) [Q4]
7% less capital invested
Capital invested by funds: $6.31B [Q3] → $5.86B (-$452M) [Q4]
19% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 54
29% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 5 (-2) [Q4]
32% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 144
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$104
3%
upside
Avg. target
$114
13%
upside
High target
$129
28%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Wells Fargo Timur Braziler 44% 1-year accuracy 14 / 32 met price target | 9%upside $110 | Equal-Weight Maintained | 30 Jan 2025 |
RBC Capital Gerard Cassidy 100% 1-year accuracy 33 / 33 met price target | 9%upside $110 | Outperform Maintained | 29 Jan 2025 |
Keefe, Bruyette & Woods Kelly Motta 58% 1-year accuracy 11 / 19 met price target | 28%upside $129 | Outperform Maintained | 29 Jan 2025 |
Barclays Jared Shaw 64% 1-year accuracy 45 / 70 met price target | 14%upside $115 | Overweight Maintained | 20 Dec 2024 |
UBS Nicholas Holowko 75% 1-year accuracy 6 / 8 met price target | 3%upside $104 | Neutral Assumed | 17 Dec 2024 |
Financial journalist opinion
Based on 6 articles about BPOP published over the past 30 days
Positive
Seeking Alpha
1 week ago
Series A Preferred Shares Of Popular, Inc. Offer Stable Monthly Income
Popular, Inc.'s Series A Preferred Shares offer a yield near 6.5% with monthly dividends that have been paid without interruption for more than 20 years. Puerto Rican banks, including Popular, Inc., benefit from an oligopolistic market. Popular, Inc. has improved several financial metrics since I last covered its Series A Preferred Shares in 2020.
Neutral
Business Wire
2 weeks ago
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on February 28, 2025 to holders of record as of February 15, 2025. The Corporation also announced the following monthly distribution on its outstanding Tr.
Negative
Zacks Investment Research
3 weeks ago
Popular Q4 Earnings & Revenues Beat on Higher NII, Provisions Fall Y/Y
A rise in NII, along with higher loan and deposit balances, aids BPOP's Q4 earnings. Yet, a rise in costs and a fall in fee income are headwinds.
Neutral
Seeking Alpha
3 weeks ago
Popular, Inc. (BPOP) Q4 2024 Earnings Conference Call Transcript
Popular, Inc. (BPOP) Q4 2024 Earnings Conference Call Transcript
Positive
Zacks Investment Research
3 weeks ago
Popular (BPOP) Q4 Earnings and Revenues Surpass Estimates
Popular (BPOP) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.94 per share a year ago.
Neutral
Business Wire
3 weeks ago
Popular, Inc. Announces Fourth Quarter 2024 Financial Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $177.8 million for the quarter ended December 31, 2024, compared to net income of $155.3 million for the quarter ended September 30, 2024. Ignacio Alvarez, Chief Executive Officer, said: “Our financial results for the fourth quarter were solid, with net income of $178 million. We achieved strong loan growth and continued to increase our net interest income.
Neutral
Zacks Investment Research
1 month ago
Popular (BPOP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Popular (BPOP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 month ago
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on January 31, 2025 to holders of record as of January 15, 2025. The Corporation also announced the following monthly distribution on its outstanding Trus.
Neutral
Business Wire
1 month ago
Popular, Inc. to Report Fourth Quarter Results and Hold Conference Call on Tuesday, January 28, 2025
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2024, before the market opens on Tuesday, January 28, 2025. Popular will hold a conference call to discuss the financial results the same day at 10:00 a.m. Eastern Time. The call will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation's website: www.popular.com.
Neutral
Business Wire
2 months ago
Financial Times' The Banker Magazine Names Popular “Bank of the Year Puerto Rico”
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced that Banco Popular de Puerto Rico has been recognized as “Bank of the Year Puerto Rico” by The Financial Times' international banking magazine The Banker. This marks the twelfth time Popular has received this prestigious recognition. The Banker stated that Popular was selected for its transformative corporate purpose, “Putting People at the Center of Progress,” which is displayed by focusing on financial inclusion an.
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