Popular(BPOP)
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Why Popular (BPOP) is a Great Dividend Stock Right Now
Zacks Investment Research· 2024-04-11 16:46
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, ...
Popular(BPOP) - 2023 Q4 - Annual Report
2024-02-28 16:00
Enhanced Prudential Standards Resolution Planning and Resolution-Related Requirements Failure to meet capital guidelines could subject Popular and its depository institution subsidiaries to a variety of enforcement remedies, including the termination of deposit insurance by the FDIC and to certain restrictions on our business. Refer to "Prompt Corrective Action" below for further discussion. 17 Refer to Part II, Item 5, "Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases ...
Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share
Businesswire· 2024-02-23 12:27
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per share on its outstanding common stock. The dividend will be payable on April 1, 2024 to shareholders of record at the close of business on March 14, 2024. About Popular, Inc. Popular, Inc. (NASDAQ: BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holding companies by a ...
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
Businesswire· 2024-02-05 14:15
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 29, 2024 to holders of record as of February 15, 2024. The Corporation also announced the following monthly distribution on its outstanding Trust Prefe ...
Popular (BPOP) is a Top Dividend Stock Right Now: Should You Buy?
Zacks Investment Research· 2024-01-26 17:46
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend ...
Popular(BPOP) - 2023 Q4 - Earnings Call Presentation
2024-01-25 18:37
▪ U.S. loan balances increased by $340 million YoY • Favorable credit risk profile with low level of NCOs, NPLs, criticized and classified loans • Non-performing loans held-in-portfolio at $10 million in Q4 2024, decreasing by $6 million QoQ; NPLs to loans ratio at 0.2% in Q4 2023 • Allowance for credit losses to loans held-in-portfolio at 1.29% in Q4 2023 vs. 1.33% in Q3 2023 • ACL to NPLs increased to 664% in Q4 2023 $ in millions 22 Retail 35% Hotels 20% Office Space 12% Shelters 11% Health Facility 6% M ...
Popular(BPOP) - 2023 Q4 - Earnings Call Transcript
2024-01-25 18:37
Consumer spending remained healthy. Combined credit and debit card sales fell by 1% compared to the fourth quarter of 2022, which was a historically strong quarter. Our auto loan and lease balances increased by $61 million compared to the third quarter as demand for new cars continue to be strong in Puerto Rico. Mortgage loan balances at BPPR increased by $103 million in the fourth quarter, driven primarily by home purchase activity and our strategy to retain FHA loans. Finally, IÂ'd like to take this oppor ...
Popular (BPOP) Tops Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-01-25 14:21
Popular (BPOP) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $3.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 84.76%. A quarter ago, it was expected that this company that runs Banco Popular and other banks in Puerto Rico and the U.S. Would post earnings of $1.89 per share when it actually produced earnings of $1.90, delivering a ...
Don't Ignore These Top-Rated Stocks as Earnings Approach
Zacks Investment Research· 2024-01-23 23:06
This week’s busy earnings lineup features several top-rated Zacks stocks that may be flying under investors' radars leading up to their quarterly results on Thursday, January 25.With that being said, here are a few of these intriguing companies that investors will want to pay attention to as earnings approach.Eagle Materials (EXP) Concrete and cement supplier Eagle Materials has had a nice pathway to benefit from the booming Zacks Construction sector which is currently ranked second out of 16 Zacks sectors. ...
Popular(BPOP) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q [X] Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 or [ ] Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-34084 POPULAR, INC. (Exact name of registrant as specified in its charter) Puerto Rico 66-0667416 (State or other jurisdiction of Incorporation or (IRS Employer I ...