Popular Company Profile (NASDAQ:BPOP)

About Popular (NASDAQ:BPOP)

Popular logoPopular, Inc. (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. The Company has operations in Puerto Rico, the United States and the Caribbean. The Company's BPPR segment provides retail, mortgage and commercial banking services through its banking subsidiary, Banco Popular de Puerto Rico, as well as auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. The Company's BPNA segment consists of Popular North America, Inc. (PNA) functioning as the holding company for its operations in the United States. It also operates PNA's subsidiary, E-LOAN, Inc. The banking operations of BPNA in the United States mainland are based in New York, Florida and New Jersey, conducted under the name of Popular Community Bank.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:BPOP
  • CUSIP: 73317470
  • Web: www.popular.com/home
Capitalization:
  • Market Cap: $3.31253 billion
  • Outstanding Shares: 102,010,000
Average Prices:
  • 50 Day Moving Avg: $36.61
  • 200 Day Moving Avg: $39.32
  • 52 Week Range: $32.04 - $45.96
P/E:
  • Trailing P/E Ratio: 14.58
  • Foreward P/E Ratio: 7.95
  • P/E Growth: 1.73
Sales & Book Value:
  • Annual Revenue: $1.71 billion
  • Price / Sales: 1.93
  • Book Value: $51.26 per share
  • Price / Book: 0.63
Dividend:
  • Annual Dividend: $1.00
  • Dividend Yield: 3.1%
Profitability:
  • Net Margins: 11.57%
  • Return on Equity: 7.11%
  • Return on Assets: 0.93%
Debt:
  • Current Ratio: 0.79%
  • Quick Ratio: 0.79%
Misc:
  • Average Volume: 896,757 shs.
  • Beta: 1.25
  • Short Ratio: 2.1
 

Frequently Asked Questions for Popular (NASDAQ:BPOP)

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 Friday, August 25th. Shareholders of record on Thursday, September 14th will be paid a dividend of $0.25 per share on Monday, October 2nd. This represents a $1.00 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend is Wednesday, September 13th. View Popular's Dividend History.

How will Popular's stock buyback program work?

Popular announced that its board has authorized a share buyback program on Friday, April 7th 2017, which authorizes the company to buyback $75,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 1.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its stock is undervalued.

How were Popular's earnings last quarter?

Popular, Inc. (NASDAQ:BPOP) released its earnings results on Wednesday, July, 26th. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.02. The firm had revenue of $491.27 million for the quarter, compared to the consensus estimate of $500.66 million. Popular had a return on equity of 7.11% and a net margin of 11.57%. During the same quarter in the prior year, the business posted $0.85 EPS. View Popular's Earnings History.

When will Popular make its next earnings announcement?

Popular is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Popular.

Where is Popular's stock going? Where will Popular's stock price be in 2017?

9 brokers have issued 1 year price targets for Popular's stock. Their forecasts range from $40.00 to $53.00. On average, they expect Popular's share price to reach $46.60 in the next year. View Analyst Ratings for Popular.

Are investors shorting Popular?

Popular saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 1,389,308 shares, an increase of 61.6% from the August 31st total of 859,686 shares. Based on an average daily volume of 992,179 shares, the short-interest ratio is currently 1.4 days. Currently, 1.4% of the company's stock are short sold.

Who are some of Popular's key competitors?

Who are Popular's key executives?

Popular's management team includes the folowing people:

  • Richard L. Carrion Rexach, Executive Chairman of the Board
  • Ignacio Alvarez, President, Chief Executive Officer
  • Carlos J. Vazquez, Chief Financial Officer, Executive Vice President
  • Camille Burckhart, Executive Vice President, Chief Information Officer, Digital Strategy Officer.
  • Lidio V. Soriano CPA, Executive Vice President, Chief Risk Officer
  • Javier D. Ferrer, Executive Vice President, Secretary, Chief Legal Officer
  • Manuel Chinea, Executive Vice President, Chief Operating Officer of Popular Community Bank
  • Eduardo J. Negron, Executive Vice President
  • Eli S. Sepulveda, Executive Vice President of the Corporation and of the Bank
  • Juan O. Guerrero, Executive Vice President - Financial and Insurance Services Group of the Bank

Who owns Popular stock?

Popular's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (4.05%), Robeco Institutional Asset Management B.V. (0.06%), Denali Advisors LLC (0.05%), Nationwide Fund Advisors (0.04%) and Meeder Asset Management Inc. (0.04%). Company insiders that own Popular stock include Alejandro M Ballester, Carlos J Vazquez, Eduardo J Negron, Eli Sepulveda, Gilberto Monzon, Ignacio Alvarez, Ileana Gonzalez, Jorge J Garcia, Juan Guerrero, Maria Luisa Ferre, O Rivera Nestor and Richard L Carrion. View Institutional Ownership Trends for Popular.

Who sold Popular stock? Who is selling Popular stock?

Popular's stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc. and Nationwide Fund Advisors. Company insiders that have sold Popular stock in the last year include Alejandro M Ballester, Carlos J Vazquez, Eduardo J Negron, Eli Sepulveda, Ignacio Alvarez, Ileana Gonzalez, Jorge J Garcia, Juan Guerrero, O Rivera Nestor and Richard L Carrion. View Insider Buying and Selling for Popular.

Who bought Popular stock? Who is buying Popular stock?

Popular's stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Denali Advisors LLC and Meeder Asset Management Inc.. View Insider Buying and Selling for Popular.

How do I buy Popular stock?

Shares of Popular can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Popular's stock price today?

One share of Popular stock can currently be purchased for approximately $32.29.


MarketBeat Community Rating for Popular (NASDAQ BPOP)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  209 (Vote Underperform)
Total Votes:  434
MarketBeat's community ratings are surveys of what our community members think about Popular and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Popular (NASDAQ:BPOP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $46.60 (44.32% upside)
Consensus Price Target History for Popular (NASDAQ:BPOP)
Price Target History for Popular (NASDAQ:BPOP)
Analysts' Ratings History for Popular (NASDAQ:BPOP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017Barclays PLCLower Price TargetEqual Weight$47.00 -> $40.00N/AView Rating Details
7/28/2017Piper Jaffray CompaniesReiterated RatingBuy$53.00MediumView Rating Details
7/7/2017Morgan StanleyReiterated RatingEqual Weight$42.00 -> $43.00LowView Rating Details
6/29/2017Royal Bank Of CanadaReiterated RatingBuy$51.00LowView Rating Details
6/5/2017Keefe, Bruyette & WoodsSet Price TargetHold$46.00LowView Rating Details
4/22/2017BTIG ResearchReiterated RatingNeutralHighView Rating Details
2/22/2017Kepler Capital MarketsReiterated RatingReduce -> ReduceN/AView Rating Details
2/6/2017Jefferies Group LLCDowngradeBuy -> HoldN/AView Rating Details
11/18/2016Compass PointDowngradeBuy -> NeutralN/AView Rating Details
3/3/2016Societe GeneraleDowngradeBuy -> HoldN/AView Rating Details
2/26/2016Merion Capital GroupInitiated CoverageOutperform$34.00N/AView Rating Details
1/12/2016HSBC Holdings plcUpgradeHold -> BuyN/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Popular (NASDAQ:BPOP)
Earnings by Quarter for Popular (NASDAQ:BPOP)
Earnings History by Quarter for Popular (NASDAQ BPOP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.95N/AView Earnings Details
7/26/20176/30/2017$0.92$0.94$500.66 million$491.27 millionViewN/AView Earnings Details
4/25/20173/31/2017$0.84$0.89$441.33 million$477.97 millionViewN/AView Earnings Details
1/24/2017Q416$0.87$0.86$359.51 million$355.23 millionViewN/AView Earnings Details
10/25/2016Q316$0.90$0.91$482.00 million$429.67 millionViewListenView Earnings Details
7/26/2016Q216$0.82$0.85$477.00 million$471.05 millionViewListenView Earnings Details
4/25/2016Q116$0.82$0.81$397.23 million$464.04 millionViewListenView Earnings Details
1/26/2016Q415$0.92$1.32$358.92 million$484.94 millionViewListenView Earnings Details
10/23/2015Q315$0.85$0.90$370.41 million$481.84 millionViewListenView Earnings Details
7/24/2015Q215$0.78$0.87$358.94 million$503.31 millionViewListenView Earnings Details
4/27/2015Q115$0.66$0.86$410.50 million$458.43 millionViewN/AView Earnings Details
1/22/2015Q414$0.48$0.41$454.50 million$436.76 millionViewN/AView Earnings Details
10/22/2014Q314$0.69$0.78$445.40 million$450.75 millionViewListenView Earnings Details
7/24/2014Q214$0.68$0.84$475.50 million$417.48 millionViewN/AView Earnings Details
4/23/2014Q114$0.65$0.83$472.80 million$479.53 millionViewN/AView Earnings Details
1/23/2014Q413$0.84$1.57$359.40 millionViewListenView Earnings Details
10/23/2013Q213$0.70$2.22$480.74 millionViewListenView Earnings Details
7/18/2013Q2 2013$0.68$3.18$498.85 millionViewListenView Earnings Details
4/18/2013Q1 2013$0.60($1.18)$452.65 millionViewListenView Earnings Details
1/24/2013Q4 2012$0.50$0.81ViewListenView Earnings Details
10/19/2012$0.47$0.45ViewN/AView Earnings Details
7/18/2012$0.43$0.63ViewN/AView Earnings Details
4/20/2012$0.03$0.05ViewN/AView Earnings Details
1/25/2012$0.03$0.14ViewN/AView Earnings Details
10/19/2011$0.06$0.03ViewN/AView Earnings Details
7/20/2011$0.04$0.11ViewN/AView Earnings Details
4/25/2011$0.01ViewN/AView Earnings Details
2/4/2011($0.03)($0.22)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Popular (NASDAQ:BPOP)
Current Year EPS Consensus Estimate: $3.6 EPS
Next Year EPS Consensus Estimate: $4.06 EPS

Dividends

Current Dividend Information for Popular (NASDAQ:BPOP)
Most Recent Dividend:10/2/2017
Annual Dividend:$1.00
Dividend Yield:3.10%
Payout Ratio:45.05% (Trailing 12 Months of Earnings)
27.78% (Based on This Year's Estimates)
24.63% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Popular (NASDAQ:BPOP)

Dividend History by Quarter for Popular (NASDAQ BPOP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/25/2017quarterly$0.252.47%9/13/20179/14/201710/2/2017
5/22/2017quarterly$0.252.62%6/7/20176/9/20177/3/2017
1/24/2017quarterly$0.252.22%3/15/20173/17/20174/3/2017
11/23/2016quarterly$0.151.45%12/7/201612/9/20161/2/2017
8/22/2016quarterly$0.151.59%9/7/20169/9/201610/3/2016
5/23/2016quarterly$0.151.94%6/8/20166/10/20167/1/2016
2/22/2016quarterly$0.152.25%3/9/20163/11/20164/1/2016
12/11/2015quarterly$0.152.22%12/18/201512/22/20151/4/2016
9/18/2015special$0.159/25/20159/29/201510/7/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Popular (NASDAQ:BPOP)
Insider Ownership Percentage: 1.27%
Institutional Ownership Percentage: 85.92%
Insider Trades by Quarter for Popular (NASDAQ:BPOP)
Institutional Ownership by Quarter for Popular (NASDAQ:BPOP)
Insider Trades by Quarter for Popular (NASDAQ:BPOP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2017Jorge J GarciaVPSell4,000$38.15$152,600.00View SEC Filing  
5/16/2017Eduardo J. NegronInsiderSell2,500$39.98$99,950.00View SEC Filing  
5/3/2017Eli SepulvedaEVPSell1,994$42.25$84,246.50View SEC Filing  
5/2/2017O. Rivera NestorInsiderSell11,312$41.52$469,674.24View SEC Filing  
5/1/2017Alejandro M. BallesterDirectorSell3,000$42.15$126,450.00View SEC Filing  
2/23/2017Ignacio AlvarezCOOSell10,000$44.24$442,400.00View SEC Filing  
2/17/2017O. Rivera NestorInsiderSell7,176$45.24$324,642.24View SEC Filing  
2/6/2017Carlos J. VazquezCFOSell18,292$43.90$803,018.80View SEC Filing  
11/25/2016Ileana GonzalezInsiderSell5,000$41.51$207,550.00View SEC Filing  
11/18/2016Eli SepulvedaEVPSell2,500$41.71$104,275.00View SEC Filing  
11/15/2016Juan GuerreroInsiderSell7,000$41.88$293,160.00View SEC Filing  
11/9/2016O. Rivera NestorInsiderSell10,000$37.97$379,700.00View SEC Filing  
11/4/2016Juan GuerreroInsiderSell6,000$36.31$217,860.00View SEC Filing  
10/28/2016Eli SepulvedaEVPSell3,762$36.97$139,081.14View SEC Filing  
10/27/2016Richard L. CarrionCEOSell16,858$37.44$631,163.52View SEC Filing  
5/24/2016Jorge J GarciaVPSell3,500$31.40$109,900.00View SEC Filing  
5/23/2016Juan GuerreroEVPSell3,962$30.92$122,505.04View SEC Filing  
5/12/2016Gilberto MonzonEVPSell4,000$29.62$118,480.00View SEC Filing  
12/22/2015Maria Luisa FerreDirectorSell2,230$33.10$73,813.00View SEC Filing  
11/5/2015Maria Luisa FerreDirectorSell296,164$29.39$8,704,259.96View SEC Filing  
11/2/2015Maria Luisa FerreDirectorSell308,107$29.73$9,160,021.11View SEC Filing  
5/29/2015Eli SepulvedaEVPSell6,100$32.49$198,189.00View SEC Filing  
5/20/2015Gilberto MonzonEVPSell3,000$34.20$102,600.00View SEC Filing  
5/19/2015Eduardo J NegronEVPSell6,250$34.11$213,187.50View SEC Filing  
11/20/2014Gilberto MonzonEVPSell3,000$31.81$95,430.00View SEC Filing  
11/18/2014Juan GuerreroEVPSell3,000$32.19$96,570.00View SEC Filing  
11/13/2014Jorge J GarciaVPSell1,000$31.82$31,820.00View SEC Filing  
11/11/2014Eli SepulvedaEVPSell3,000$31.80$95,400.00View SEC Filing  
10/30/2014Ileana GonzalezEVPSell3,000$31.56$94,680.00View SEC Filing  
10/29/2014Richard L CarrionCEOSell13,664$31.57$431,372.48View SEC Filing  
10/28/2014Eduardo J NegronEVPSell8,500$31.70$269,450.00View SEC Filing  
8/29/2014O. Rivera NestorEVPSell14,085$30.98$436,353.30View SEC Filing  
5/15/2014David GoelDirectorSell466,176$28.88$13,463,162.88View SEC Filing  
2/24/2014Richard CarrionCEOSell93,650$26.86$2,515,439.00View SEC Filing  
1/30/2014David GoelDirectorSell1,000,000$27.64$27,640,000.00View SEC Filing  
5/28/2013Richard L CarrionCEOSell77,017$29.27$2,254,287.59View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Popular (NASDAQ:BPOP)
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Chart

Popular (BPOP) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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