Popular(BPOP)

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Why Popular (BPOP) is a Top Value Stock for the Long-Term
ZACKS· 2025-06-04 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...
Are Finance Stocks Lagging Popular (BPOP) This Year?
ZACKS· 2025-06-03 14:46
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Popular (BPOP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Popular is a member of our Finance group, which includes 857 different companies and currently sits at #5 in ...
Best Value Stocks to Buy for June 2nd
ZACKS· 2025-06-02 13:46
Here are three stocks with buy rank and strong value characteristics for investors to consider today, June 2nd: PVH (PVH) : This company which specializes in designing and marketing branded dress shirts, neckwear, sportswear, jeanswear, intimate apparel, swim products, footwear, handbags and related products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.PVH has a price-to-earnings ratio (P/E) of 6.66 ...
2 Popular Dividend Stocks I Wouldn't Touch With A 10-Foot Pole
Seeking Alpha· 2025-06-01 11:30
Group 1 - The article emphasizes the importance of in-depth research on various income alternatives such as REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs [1] - It highlights the popularity of the research service, evidenced by 438 testimonials, most of which are rated 5 stars [1] - The author expresses a personal beneficial long position in HD shares, indicating a vested interest in the stock [1] Group 2 - The article does not provide specific investment recommendations or advice, emphasizing that past performance does not guarantee future results [2] - It clarifies that the views expressed may not reflect those of Seeking Alpha as a whole, indicating a diversity of opinions among analysts [2] - The analysts contributing to the platform may not be licensed or certified, which could affect the credibility of the investment insights provided [2]
Popular (BPOP) Up 6.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-05-23 16:37
Core Viewpoint - Popular (BPOP) shares have increased by approximately 6.5% over the past month, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1] Group 1: Earnings and Estimates - Estimates for Popular have trended upward over the past month, indicating positive sentiment among analysts [2] - The stock has a Zacks Rank of 1 (Strong Buy), suggesting expectations for above-average returns in the coming months [4] Group 2: VGM Scores - Popular has an average Growth Score of C, a Momentum Score of F, and a Value Score of A, placing it in the top 20% for the value investment strategy [3] - The aggregate VGM Score for Popular is C, which is relevant for investors not focused on a single strategy [3] Group 3: Industry Performance - Popular is part of the Zacks Banks - Southeast industry, where Synovus Financial (SNV) has gained 9.1% over the past month [5] - Synovus reported revenues of $571.67 million for the last quarter, reflecting a year-over-year increase of 6.3%, with EPS rising from $0.79 to $1.30 [5] - Synovus is expected to post earnings of $1.24 per share for the current quarter, marking a year-over-year change of 6.9% [6]
All You Need to Know About Popular (BPOP) Rating Upgrade to Strong Buy
ZACKS· 2025-05-19 17:01
Core Viewpoint - Popular (BPOP) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which are a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is effective for individual investors as it reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements [2][3]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [3]. Company Performance and Outlook - The upgrade for Popular signifies an improvement in the company's underlying business, which is expected to drive the stock price higher as investors recognize this trend [4]. - For the fiscal year ending December 2025, Popular is projected to earn $10.54 per share, reflecting a 17.1% increase from the previous year, with a 4.8% rise in the Zacks Consensus Estimate over the past three months [7]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, indicating superior earnings estimate revisions and potential for market-beating returns [8][9].
New Strong Buy Stocks for May 19th
ZACKS· 2025-05-19 12:51
Group 1 - Subsea 7 S.A. (SUBCY) has seen a nearly 17% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - MAG Silver Corp. (MAG) has experienced an 18.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Karooooo Ltd. (KARO) has seen a nearly 7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Candel Therapeutics, Inc. (CADL) has experienced a 17.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Popular, Inc. (BPOP) has seen a 4.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]
The Top 3 Most Popular U.S. Stocks Among Experienced Dividend Investors
Seeking Alpha· 2025-05-15 14:50
Core Insights - The author transitioned from a traditional financial career to focus on personal finance education through online platforms [1] Group 1 - The author has a strong educational background in finance, holding a bachelor's degree in finance-marketing, a CFP title, and an MBA in financial services [1] - The author has over a decade of experience in the financial industry, starting in 2003 and working in private banking for five years [1] - In 2016, the author took a significant personal journey traveling across North America and Central America, which influenced the decision to leave the financial industry [1] Group 2 - The author founded investing websites to help others with personal finance, marking a shift from a corporate job to a more fulfilling career [1] - The journey included driving through nine countries and spending three months in Costa Rica, which was described as an eye-opening adventure [1] - The decision to quit the traditional job was driven by a desire to spend more time with family while pursuing a passion for investing [1]
Savor the Savings this Summer: Denny's Launches New Seasonal Menu and Extends Popular BOGO $1 Slam® Deal
GlobeNewswire News Room· 2025-05-14 14:31
Core Insights - Denny's is launching new summer menu items including the Red, White & Berry Pancake Slam, Bacon Ranch Cheeseburger, Cookie Dough Lover's Pie, and Strawberry Sparkler beverage [1][4][5] - The company is extending its Buy One Slam, Get One for $1 promotion until June 8, allowing customers to enjoy two hearty breakfasts at a low cost [2][8] - Denny's is partnering with Cookies for Kids' Cancer, donating a portion of sales from the Kids Menu to support pediatric cancer research [7] Menu Highlights - The NEW Red, White & Berry Pancake Slam features buttermilk blueberry pancakes topped with strawberries, cream cheese icing, and whipped cream, served with eggs, hash browns, and a choice of bacon or sausage [3] - The NEW Bacon Ranch Cheeseburger includes a beef patty, Applewood-smoked bacon, ranch dressing, aged white cheddar, and is served with wavy-cut fries [4] - The NEW Cookie Dough Lover's Pie is a dessert made with chocolate chip cookie dough on a flaky crust, topped with vanilla ice cream and salted caramel [5] - The NEW Strawberry Sparkler is a refreshing drink made with a strawberry-lime blend and lemon-lime Sprite [4] Community Engagement - Denny's is committed to community support through initiatives like the Mobile Relief Diner and the Hungry for Education scholarship program [9] - The partnership with Cookies for Kids' Cancer aims to raise awareness and funds for pediatric cancer research, reflecting the company's dedication to social responsibility [7] Company Overview - Denny's operates 1,491 restaurants globally, with 1,430 being franchised and licensed, and 61 company-operated as of March 26, 2025 [10] - The brand has been in operation for over 70 years, focusing on providing value across various meal times [9]
Popular(BPOP) - 2025 Q1 - Quarterly Report
2025-05-12 17:41
Financial Performance - The Corporation's net income for Q1 2025 was $177.5 million, an increase of $74.2 million from $103.3 million in Q1 2024[305]. - Adjusted net income for the quarter ended March 31, 2024, was $135.2 million, reflecting a significant increase from U.S. GAAP net income of $103.3 million[314]. - For the quarter ended March 31, 2025, total income increased to $208,019,000, up 24% from $168,078,000 in the same quarter of 2024[427]. - Net income for the quarter ended March 31, 2025, was $194,098,000, representing a 52% increase compared to $127,864,000 in the prior year[427]. Interest Income and Margin - Net interest income reached $605.6 million, up $54.9 million compared to Q1 2024, with a net interest margin expansion of 24 basis points to 3.40%[307]. - Net interest income for the quarter ended March 31, 2025, was $605.6 million, an increase of $54.9 million compared to $550.7 million in the same quarter of 2024[323]. - Net interest margin for the first quarter of 2025 was 3.40%, an increase of 24 basis points from the previous year[323]. - Net interest income on a taxable equivalent basis for Q1 2025 was $663.9 million, up by $74.3 million from the same period in 2024[323]. Credit Quality and Losses - The provision for credit losses decreased to $64.1 million, down $8.5 million from Q1 2024, reflecting improved credit quality[307]. - For the quarter ended March 31, 2025, the Corporation recorded a provision for credit losses of $63.9 million, a decrease of $8.2 million compared to the same quarter of the previous year[331]. - The provision for loan losses was $52.7 million in 2025, down from $61.0 million in the same quarter of 2024, reflecting a favorable variance of $8.3 million[346]. - The allowance for credit losses (ACL) increased by $16.1 million to $762.1 million from December 31, 2024, driven by changes in economic scenario probability weights and qualitative reserves[478]. Operating Expenses - Operating expenses totaled $471.0 million, a decrease of $12.1 million compared to Q1 2024, driven by lower FDIC special assessments[307]. - Total operating expenses decreased by $12.1 million to $471.0 million for the quarter ended March 31, 2025, compared to $483.1 million in the same quarter of 2024[338]. - Technology and software expenses rose by $4.2 million due to higher software amortization related to transformation initiatives[337]. Assets and Liabilities - Total assets increased to $74.0 billion as of March 31, 2025, up $993.2 million from December 31, 2024, mainly due to higher AFS securities and loans[307]. - Total liabilities increased to $68.2 billion at March 31, 2025, an increase of $806.6 million compared to December 31, 2024[357]. - Loans held-in-portfolio increased by $146.4 million to $37.3 billion at March 31, 2025, compared to December 31, 2024[353]. Deposits and Equity - Deposits rose to $65.8 billion, an increase of $934.9 million from December 31, 2024, attributed to higher interest-bearing deposits[308]. - Stockholders' equity increased to $5.8 billion, up $186.6 million from December 31, 2024, with a tangible book value per share of $72.02[307]. - Average deposit balances grew by $1.6 billion, with Puerto Rico public deposits at $19.6 billion, up approximately $159.2 million from the previous quarter[358]. Non-Performing Assets - Non-Performing Assets (NPAs) decreased by $41.9 million from December 31, 2024, with Non-Performing Loans (NPLs) decreasing by $36.7 million[455]. - The ratio of NPLs to total loans held-in-portfolio improved to 0.84% as of March 31, 2025, down from 0.95% on December 31, 2024[456]. - The total non-performing loans held-in-portfolio amounted to $314,069 thousand, with an ACL to NPLs ratio of 242.67% as of March 31, 2025, up from 212.68% at the end of 2024[482]. Dividends and Share Repurchase - The Corporation repurchased 1,270,569 shares for $122.3 million at an average price of $96.24 per share during Q1 2025[301]. - Dividends declared per share increased to $0.70, reflecting a 13% rise compared to the previous quarter[302]. - During the quarter ended March 31, 2025, the Corporation declared cash dividends of $0.70 per share, totaling approximately $48 million[411]. Market and Economic Conditions - The U.S. Consumer Price Index showed a year-over-year increase of 2.4% as of March 2025, while Puerto Rico's Consumer Price Index increased by 1.8% over the 12 months ending in January 2025[435]. - The Corporation's financial flexibility may be adversely affected if the banking subsidiaries cannot maintain access to funding or if adequate funding is not available[400].