Welcome to our dedicated page for Popular news (Ticker: BPOP), a resource for investors and traders seeking the latest updates and insights on Popular stock.
Popular, Inc. reports developments as a Puerto Rico-based financial holding company whose principal banking subsidiary is Banco Popular de Puerto Rico. The company provides retail, mortgage and commercial banking in Puerto Rico and the U.S. and British Virgin Islands, auto and equipment leasing and financing in Puerto Rico, and broker-dealer and insurance services through specialized subsidiaries.
Recurring BPOP news includes quarterly financial results, loan and credit quality trends, common stock dividends, preferred stock dividends, trust preferred securities distributions, executive leadership changes and investor conference participation. Updates also cover Popular Bank, the company’s New York-chartered mainland U.S. banking subsidiary with branches in New York, New Jersey and Florida.
Popular (NASDAQ: BPOP) announced capital actions including a planned increase in its quarterly common stock dividend from $0.75 to $0.90 per share, starting with the dividend payable in the fourth quarter of 2026, subject to Board approval. The company also approved a new common stock repurchase authorization of up to $1 billion.
According to Popular, it has repurchased approximately $280 million of common stock in 2026 and had fully used the prior $500 million authorization as of June 30, 2026. The new program is discretionary, with timing and amount influenced by market and regulatory factors.
Popular (NASDAQ: BPOP) announced a leadership transition in which President and CEO Javier D. Ferrer will retire effective August 31, 2026. Executive Vice President and CFO Jorge J. García will become President, CEO and Board member, effective September 1, 2026.
On that date, Chief Risk Officer Lidio V. Soriano will become Executive Vice President and CFO, and Luis F. Sousa, currently Senior Vice President and head of the Credit Risk Management Division, will become Executive Vice President and Chief Risk Officer. Popular highlighted this as part of a long‑term succession plan and outlined each executive’s tenure and experience. In a separate release, Popular reported Q2 2026 results and scheduled an investor call at 11:00 a.m. ET.
Popular (NASDAQ:BPOP) reported second quarter 2026 net income of $278 million, up 13% from Q1 2026 and 32% year-over-year, with diluted EPS of $4.35. Net interest income rose to $693 million, while net interest margin held at 3.66%. Return on tangible common equity (non-GAAP) increased to 17.02% and ROA to 1.41%. Total assets reached $79.0 billion, loans $39.8 billion, and deposits $70.2 billion.
Credit quality metrics showed an NPL ratio of 1.04% and NCO ratio of 1.05%. CET1 stood at 16.08%. Popular announced a planned 20% dividend increase to $0.90 per share starting Q4 2026, subject to Board approval, and a new $1.0 billion share repurchase authorization after completing its prior $500 million program. President and CEO Javier D. Ferrer announced his retirement, effective August 31, 2026.
Popular (NASDAQ:BPOP) declared a monthly cash dividend of $0.132813 per share on its 6.375% Non-Cumulative Monthly Income Preferred Stock, Series A, payable July 31, 2026 to holders of record on July 15, 2026.
The company also set a monthly distribution of $0.127604 per security on its 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable August 3, 2026 to holders of record on July 15, 2026.
Popular (NASDAQ:BPOP) plans to report second quarter 2026 financial results before the market opens on Thursday, July 23, 2026. Management will host a conference call at 11:00 a.m. ET, with a live webcast and replay available in the investor relations section of its website.
Popular (NASDAQ:BPOP) declared a monthly cash dividend on its 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, of $0.132813 per share, payable June 30, 2026 to holders of record June 15, 2026.
It also announced a monthly distribution of $0.127604 per security on 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable July 1, 2026 to holders of record June 15, 2026.
AM Best affirmed the B++ (Good) Financial Strength Rating and “bbb+” Long-Term Issuer Credit Rating of Popular Life Re, a life reinsurance subsidiary of Popular (NASDAQ:BPOP). The outlook is stable.
Ratings reflect a very strong balance sheet, strongest risk‑adjusted capitalization, high‑quality investments and strong liquidity, partly offset by a limited Puerto Rico-focused business profile and the weaker credit profile of the parent.
Popular (NASDAQ: BPOP) declared a quarterly cash dividend of $0.75 per common share. The Board approved the dividend to be payable on July 1, 2026 to shareholders of record at the close of business on May 29, 2026.
Popular, Inc. (NASDAQ: BPOP) declared monthly cash dividends on two series of preferred securities. The 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, carries a dividend of $0.132813 per share payable June 1, 2026 to holders of record May 15, 2026. The 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II carry a monthly distribution of $0.127604 per security payable June 1, 2026 to holders of record May 15, 2026.
Popular, Inc. (NASDAQ:BPOP) reported net income of $245.7 million for Q1 2026 and EPS of $3.78. Net interest income was $670.2 million with NIM of 3.66% (taxable-equivalent NIM 4.14%). Non-interest income was $165.6 million and operating expenses were $467.3 million. Deposits were $67.6 billion and loans held-in-portfolio were $39.3 billion. ROTCE was 15.46%. Capital actions included $155.2 million in share repurchases and a $0.75 quarterly dividend. CET1 ratio was 15.92%.