About Popular (NASDAQ:BPOP)
Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services primarily to institutional and retail customers. The company accepts various deposit products. It also offers commercial and industrial loans; commercial real estate loans; residential mortgage loans; consumer loans, including personal loans, credit cards, home equity lines of credit, and other loans to individual borrowers; construction loans; and lease financing comprising automobile loans/leases. In addition, the company provides financial advisory, investment banking, investment and securities brokerage, and insurance and reinsurance services. As of December 31, 2017, it owned and occupied approximately 67 branch premises and other facilities in Puerto Rico; and 62 offices comprising 6 owned and 56 leased in New York, New Jersey, and Florida. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:BPOP
CUSIP73317470
Phone787-765-9800
Debt
Debt-to-Equity RatioN/A
Current Ratio0.80%
Quick Ratio0.80%
Price-To-Earnings
Trailing P/E Ratio16.53
Forward P/E Ratio11.04
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.15 billion
Price / Sales2.11
Cash Flow$3.0524 per share
Price / Cash14.51
Book Value$49.51 per share
Price / Book0.89
Profitability
EPS (Most Recent Fiscal Year)$2.68
Net Income$107.68 million
Net Margins4.89%
Return on Equity5.29%
Return on Assets0.65%
Miscellaneous
Employees7,784
Outstanding Shares102,190,000
Popular (NASDAQ:BPOP) Frequently Asked Questions
What is Popular's stock symbol?
Popular trades on the NASDAQ under the ticker symbol "BPOP."
How often does Popular pay dividends? What is the dividend yield for Popular?
Popular declared a quarterly dividend on Monday, February 26th. Stockholders of record on Friday, March 16th will be paid a dividend of $0.25 per share on Monday, April 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date is Thursday, March 15th. View Popular's Dividend History.
How will Popular's stock buyback program work?
Popular declared that its board has approved a stock repurchase plan on Friday, April 7th 2017, which allows the company to repurchase $75,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 1.6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.
How were Popular's earnings last quarter?
Popular, Inc. (NASDAQ:BPOP) announced its quarterly earnings results on Tuesday, January, 23rd. The bank reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.22. The bank had revenue of $473.35 million for the quarter. Popular had a return on equity of 5.29% and a net margin of 4.89%. View Popular's Earnings History.
When is Popular's next earnings date?
What price target have analysts set for BPOP?
9 brokers have issued twelve-month price objectives for Popular's stock. Their predictions range from $42.00 to $51.00. On average, they expect Popular's share price to reach $48.1875 in the next year. View Analyst Ratings for Popular.
What are Wall Street analysts saying about Popular stock?
Here are some recent quotes from research analysts about Popular stock:
- 1. BTIG Research analysts commented, "in Focus as BPOP Prepares to Release 1Q18 Report The commentary offered by Popular Inc. (BPOP) management regarding credit quality in the company’s 4Q17 report on January 23 was surprisingly encouraging to many observers in light of the severity of the physical and economic damage inflicted on its home market of Puerto Rico by Hurricane Maria just over four months earlier. In particular, management noted that early delinquency data for auto, credit card and personal loans for the first few weeks of January 2018 had been similar to or better than that from the same period in the prior year. That disclosure helped to sustain a relief rally in BPOP shares that had begun after the stock hit its post-Maria low tick on October 23. Since then, the stock has rallied by more than 35% such that it is now trading slightly above the company’s book value per share as of YE17. With BPOP scheduled to report its 1Q18 results on Tuesday, April 24, we believe additional appreciation in the stock will depend on what the company discloses regarding the credit performance of its mortgage book during the months that followed the expiration in December of a moratorium on payment collection." (4/18/2018)
- 2. According to Zacks Investment Research, "Popular, Inc. is a diversified, publicly owned bank holding company. The corporation's principal subsidiary, Banco Popular de Puerto Rico, has one of the largest retail franchise in Puerto Rico, operating numerous branches and automated teller machines. The Bank also operates branches in the U.S. Virgin Islands, the British Virgin Islands, and New York. " (3/13/2018)
Who are some of Popular's key competitors?
Some companies that are related to Popular include Signature Bank (SBNY), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank of the Ozarks (OZRK), Prosperity Bancshares (PB), Wintrust Financial (WTFC), First Citizens BancShares (FCNCA), Texas Capital Bancshares (TCBI), Hancock (HBHC), Investors Bank (ISBC), Iberiabank (IBKC), Associated Banc (ASB), Chemical Bank (CHFC), Home BancShares (HOMB), First Hawaiian Bank (FHB), United Bankshares (UBSI), Bank of Hawaii (BOH) and First Financial Bankshares (FFIN).
Who are Popular's key executives?
Popular's management team includes the folowing people:
- Mr. Richard L. Carrión, Exec. Chairman (Age 66)
- Mr. Ignacio Alvarez Esq., Pres, CEO & Director (Age 60)
- Mr. Carlos J. Vázquez, Exec. VP & CFO (Age 59)
- Mr. Javier D. Ferrer-Fernández J.D., Exec. VP, Chief Legal Officer and Corp. Sec.-Gen. Counsel & Corp. Matters group (Age 57)
- Mr. Lidio V. Soriano CPA, Exec. VP & Chief Risk Officer of Corp. Risk Management Group (Age 49)
Has Popular been receiving favorable news coverage?
Headlines about BPOP stock have trended somewhat negative recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Popular earned a media sentiment score of -0.02 on Accern's scale. They also gave headlines about the bank an impact score of 46.38 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
How do I buy shares of Popular?
Shares of BPOP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Popular's stock price today?
One share of BPOP stock can currently be purchased for approximately $44.29.
How big of a company is Popular?
Popular has a market capitalization of $4.53 billion and generates $2.15 billion in revenue each year. The bank earns $107.68 million in net income (profit) each year or $2.68 on an earnings per share basis. Popular employs 7,784 workers across the globe.
How can I contact Popular?
Popular's mailing address is 209 Munoz Rivera Avenue Popular Center Building, HATO REY PR, 00936. The bank can be reached via phone at 787-765-9800 or via email at [email protected]
MarketBeat Community Rating for Popular (BPOP)
MarketBeat's community ratings are surveys of what our community members think about Popular and other stocks. Vote "Outperform" if you believe BPOP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BPOP will underperform the S&P 500 over the long term. You may vote once every thirty days.
Popular (NASDAQ:BPOP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Popular in the last 12 months. Their average twelve-month price target is $48.1875, suggesting that the stock has a possible upside of 8.80%. The high price target for BPOP is $51.00 and the low price target for BPOP is $42.00. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Hold |
| Consensus Rating Score: | 2.89 | 2.89 | 2.60 | 2.11 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $48.1875 | $48.50 | $46.75 | $46.60 |
| Price Target Upside: | 8.80% upside | 12.74% upside | 32.29% upside | 34.80% upside |
Popular (NASDAQ:BPOP) Consensus Price Target History
Popular (NASDAQ:BPOP) Analyst Ratings History
Show:
(Data available from 4/22/2016 forward)
Popular (NASDAQ:BPOP) Dividend Information
Popular pays an annual dividend of $1.00 per share, with a dividend yield of 2.26%. BPOP's most recent quarterly dividend payment was Monday, April 2. Popular pays out 37.31% of its earnings out as a dividend.
| Most Recent Dividend: | 4/2/2018 |
| Annual Dividend: | $1.00 |
| Dividend Yield: | 2.26% |
| Payout Ratio: | 37.31% (Trailing 12 Months of Earnings)
24.94% (Based on This Year's Estimates)
19.31% (Based on Next Year's Estimates)
|
Popular (NASDAQ:BPOP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/26/2018 | quarterly | $0.25 | 2.33% | 3/15/2018 | 3/16/2018 | 4/2/2018 |
| 11/15/2017 | quarterly | $0.25 | 3% | 12/4/2017 | 12/5/2017 | 1/2/2018 |
| 8/25/2017 | quarterly | $0.25 | 2.47% | 9/13/2017 | 9/14/2017 | 10/2/2017 |
| 5/22/2017 | quarterly | $0.25 | 2.62% | 6/7/2017 | 6/9/2017 | 7/3/2017 |
| 1/24/2017 | quarterly | $0.25 | 2.22% | 3/15/2017 | 3/17/2017 | 4/3/2017 |
| 11/23/2016 | quarterly | $0.15 | 1.45% | 12/7/2016 | 12/9/2016 | 1/2/2017 |
| 8/22/2016 | quarterly | $0.15 | 1.59% | 9/7/2016 | 9/9/2016 | 10/3/2016 |
| 5/23/2016 | quarterly | $0.15 | 1.94% | 6/8/2016 | 6/10/2016 | 7/1/2016 |
| 2/22/2016 | quarterly | $0.15 | 2.25% | 3/9/2016 | 3/11/2016 | 4/1/2016 |
| 12/11/2015 | quarterly | $0.15 | 2.22% | 12/18/2015 | 12/22/2015 | 1/4/2016 |
| 9/18/2015 | special | $0.15 | | 9/25/2015 | 9/29/2015 | 10/7/2015 |
(Data available from 1/1/2013 forward)
Popular (NASDAQ BPOP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.27%
Institutional Ownership Percentage: 91.47%
Popular (NASDAQ BPOP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/17/2017 | Jorge J Garcia | VP | Sell | 4,000 | $38.15 | $152,600.00 | 11,502 |  |
| 5/16/2017 | Eduardo J. Negron | Insider | Sell | 2,500 | $39.98 | $99,950.00 | | |
| 5/3/2017 | Eli Sepulveda | EVP | Sell | 1,994 | $42.25 | $84,246.50 | | |
| 5/2/2017 | O. Rivera Nestor | Insider | Sell | 11,312 | $41.52 | $469,674.24 | | |
| 5/1/2017 | Alejandro M. Ballester | Director | Sell | 3,000 | $42.15 | $126,450.00 | | |
| 2/23/2017 | Ignacio Alvarez | COO | Sell | 10,000 | $44.24 | $442,400.00 | 71,543 | |
| 2/17/2017 | O. Rivera Nestor | Insider | Sell | 7,176 | $45.24 | $324,642.24 | | |
| 2/6/2017 | Carlos J. Vazquez | CFO | Sell | 18,292 | $43.90 | $803,018.80 | | |
| 11/25/2016 | Ileana Gonzalez | Insider | Sell | 5,000 | $41.51 | $207,550.00 | 31,087 | |
| 11/18/2016 | Eli Sepulveda | EVP | Sell | 2,500 | $41.71 | $104,275.00 | 36,756 | |
| 11/15/2016 | Juan Guerrero | Insider | Sell | 7,000 | $41.88 | $293,160.00 | 39,860 | |
| 11/9/2016 | O. Rivera Nestor | Insider | Sell | 10,000 | $37.97 | $379,700.00 | 31,400 | |
| 11/4/2016 | Juan Guerrero | Insider | Sell | 6,000 | $36.31 | $217,860.00 | 46,860 | |
| 10/28/2016 | Eli Sepulveda | EVP | Sell | 3,762 | $36.97 | $139,081.14 | | |
| 10/27/2016 | Richard L. Carrion | CEO | Sell | 16,858 | $37.44 | $631,163.52 | | |
| 5/24/2016 | Jorge J Garcia | VP | Sell | 3,500 | $31.40 | $109,900.00 | 13,429 | |
| 5/23/2016 | Juan Guerrero | EVP | Sell | 3,962 | $30.92 | $122,505.04 | 49,344 | |
| 5/12/2016 | Gilberto Monzon | EVP | Sell | 4,000 | $29.62 | $118,480.00 | 37,595 | |
| 12/22/2015 | Maria Luisa Ferre | Director | Sell | 2,230 | $33.10 | $73,813.00 | | |
| 11/5/2015 | Maria Luisa Ferre | Director | Sell | 296,164 | $29.39 | $8,704,259.96 | 27,443 | |
| 11/2/2015 | Maria Luisa Ferre | Director | Sell | 308,107 | $29.73 | $9,160,021.11 | 27,173 | |
| 5/29/2015 | Eli Sepulveda | EVP | Sell | 6,100 | $32.49 | $198,189.00 | | |
| 5/20/2015 | Gilberto Monzon | EVP | Sell | 3,000 | $34.20 | $102,600.00 | | |
| 5/19/2015 | Eduardo J Negron | EVP | Sell | 6,250 | $34.11 | $213,187.50 | | |
| 11/20/2014 | Gilberto Monzon | EVP | Sell | 3,000 | $31.81 | $95,430.00 | | |
| 11/18/2014 | Juan Guerrero | EVP | Sell | 3,000 | $32.19 | $96,570.00 | | |
| 11/13/2014 | Jorge J Garcia | VP | Sell | 1,000 | $31.82 | $31,820.00 | | |
| 11/11/2014 | Eli Sepulveda | EVP | Sell | 3,000 | $31.80 | $95,400.00 | | |
| 10/30/2014 | Ileana Gonzalez | EVP | Sell | 3,000 | $31.56 | $94,680.00 | | |
| 10/29/2014 | Richard L Carrion | CEO | Sell | 13,664 | $31.57 | $431,372.48 | | |
| 10/28/2014 | Eduardo J Negron | EVP | Sell | 8,500 | $31.70 | $269,450.00 | | |
| 8/29/2014 | O. Rivera Nestor | EVP | Sell | 14,085 | $30.98 | $436,353.30 | | |
| 5/15/2014 | David Goel | Director | Sell | 466,176 | $28.88 | $13,463,162.88 | 2,398 | |
| 2/24/2014 | Richard Carrion | CEO | Sell | 93,650 | $26.86 | $2,515,439.00 | 204,472 | |
| 1/30/2014 | David Goel | Director | Sell | 1,000,000 | $27.64 | $27,640,000.00 | 2,398 | |
| 5/28/2013 | Richard L Carrion | CEO | Sell | 77,017 | $29.27 | $2,254,287.59 | | |
(Data available from 1/1/2013 forward)
Popular (NASDAQ BPOP) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Dates Announced for Hozpitality Group's "Popular Choice Awards" for the Hospitality Industry in Middle East
www.prnewswire.com - April 22 at 8:30 AM |
 | These ex-Facebook and Google engineers are helping companies kick abusive people off popular internet sites
www.businessinsider.com - April 21 at 3:53 PM |
| One of the Most Popular Roses of All Time
www.prnewswire.com - April 21 at 3:09 PM |
 | RIP Avicii: Popular Swedish DJ and Musician Tim Bergling Dead at 28
investorplace.com - April 20 at 4:30 PM |
| The 14 most popular programming languages, according to a study of 100000 developers
www.businessinsider.com - April 20 at 3:52 PM |
 | The Most Popular Pizza Toppings In America
www.huffingtonpost.com - April 20 at 3:52 PM |
 | Stabbing of popular student devastates South El Monte High School; teen suspected in slaying
www.latimes.com - April 20 at 10:32 AM |
 | This Popular Stock Investing Strategy Doesn't Work With Cryptocurrencies
www.fool.com - April 19 at 3:57 PM |
| These Were The Most Popular Baby Names In The 1920s
www.huffingtonpost.com - April 19 at 3:57 PM |
 | Popular (BPOP) Downgraded to Hold at BidaskClub
www.americanbankingnews.com - April 19 at 11:10 AM |
 | Chinese Doctor Arrested, Then Applauded, for Criticizing a Popular Elixir
www.nytimes.com - April 19 at 10:17 AM |
 | Popular Announces Appointment of Betina Castellví as Chief Security Officer
finance.yahoo.com - April 19 at 10:17 AM |
| Global Smart Water Meters Markets 2015-2018 & 2024: Surging Popularity of Intelligent Buildings and Smart Cities of the Future Necessitates Installation of Smart Water Meters
www.prnewswire.com - April 18 at 2:09 PM |
| This Popular Pot Stock Comes With 3 Chief Concerns
www.fool.com - April 18 at 10:23 AM |
| Barbara Bush dies at 92; popular first lady was also the mother of a president
www.latimes.com - April 18 at 10:23 AM |
| BTIG Research Reaffirms Buy Rating for Popular (BPOP)
www.americanbankingnews.com - April 18 at 9:00 AM |
| The Ford Mustang is the world's most popular sporty 2-door for the third year in a row
www.businessinsider.com - April 17 at 3:59 PM |
| 'Fortnite' is roughly as popular as 'Apple' right now, according to Google Trends
www.businessinsider.com - April 17 at 10:38 AM |
 | These are the 10 most popular bedding sets on Amazon
www.usatoday.com - April 17 at 10:38 AM |
 | GOP tax cuts have gotten less popular with voters, new NBC/WSJ poll says
www.cnbc.com - April 17 at 10:38 AM |
| The most disproportionately popular college major in every US state
www.businessinsider.com - April 16 at 10:13 AM |
| Popular (BPOP) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - April 16 at 2:17 AM |
| KFC is by far the most popular fast food chain in China and it's nothing like the US brand — here's what it's like
www.businessinsider.com - April 15 at 3:57 PM |
 | Russia Gambles That Its Debt Is Too Popular to Sanction
www.bloomberg.com - April 15 at 8:05 AM |
| Paul Ryan is just about as popular with LA Times readers as President Trump
www.latimes.com - April 14 at 5:56 PM |
| Here's the most disproportionately popular job in every state
www.businessinsider.com - April 13 at 3:49 PM |
 | Concerns Over Syria, Protectionism Hit Popular Investment Strategy
www.wsj.com - April 13 at 10:48 AM |
| [$$] Greece property auctions stir anger and violence
finance.yahoo.com - April 13 at 10:48 AM |
| Popular Inc (BPOP) to Post Q1 2018 Earnings of $0.80 Per Share, Piper Jaffray Forecasts
www.americanbankingnews.com - April 13 at 8:43 AM |
| These Were The Most Popular Baby Names In The 1980s
www.huffingtonpost.com - April 12 at 11:16 AM |
 | RPT-Rouble fall crushing popular Russian local debt trade
www.reuters.com - April 12 at 11:16 AM |
 | Massively Popular Fortnite Game Down Globally Thanks To Epic Games Database Issues
www.forbes.com - April 12 at 11:16 AM |
| Popular, Inc. to Report First Quarter Results and Hold Conference Call on Tuesday, April 24, 2018
finance.yahoo.com - April 12 at 11:16 AM |
| AllThingsCrypto Reviews Popular Cryptocurrency Influencers
www.prnewswire.com - April 11 at 10:57 AM |
 | By popular demand, Eurostat strips out UK from EU data
www.ft.com - April 11 at 10:57 AM |
| The most popular movie rental for Netflix subscribers from every year since 1998
www.businessinsider.com - April 11 at 10:57 AM |
| [$$] Fraud claim over masters degree poses test for Spain’s ruling party
finance.yahoo.com - April 11 at 10:57 AM |
| Shortlist of Video Editors for YouTube Honored by Popular Online Video Cutter - YT Cropper & Partner 10 Best Production
www.prnewswire.com - April 11 at 9:31 AM |
| Facebook Removes Popular Black Lives Matter Page for Being a Fake
www.nytimes.com - April 10 at 3:49 PM |
 | Facebook's Most Popular Black Lives Matter Page Was Fake and Had Ties to a White Australian Man
fortune.com - April 10 at 10:40 AM |
| Popular Inc (BPOP) Expected to Post Earnings of $0.74 Per Share
www.americanbankingnews.com - April 9 at 5:24 PM |
| Review: 'Mean Girls' Sets the Perils of Being Popular to Song
www.nytimes.com - April 9 at 10:32 AM |
| Popular Community Bank Changes Name to Popular
finance.yahoo.com - April 9 at 10:31 AM |
| Popular (BPOP) Upgraded by ValuEngine to Buy
www.americanbankingnews.com - April 8 at 10:35 AM |
 | Once wildly popular, Brazil's da Silva is jailed for graft
abcnews.go.com - April 8 at 8:05 AM |
| First Virginia Community Bank (FVCB) vs. Popular (BPOP) Head-To-Head Contrast
www.americanbankingnews.com - April 8 at 1:30 AM |
| Our 15 Most Popular Chicken Thigh Recipes
www.nytimes.com - April 7 at 5:50 PM |
| Travel Report: Most Popular International Destinations in Every State
www.prnewswire.com - April 6 at 11:52 AM |
 | Bob Dylan, Kesha reimagine popular love songs to honor LGBTQ couples
www.nbcnews.com - April 6 at 11:00 AM |
| Egypt's most popular daily sacks chief editor over election
abcnews.go.com - April 6 at 11:00 AM |
Popular (NASDAQ:BPOP) SEC Filings
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Popular (NASDAQ:BPOP) Income Statement, Balance Sheet and Cash Flow Statement
Popular (NASDAQ BPOP) Stock Chart for Sunday, April, 22, 2018
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