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 (BPOP) is a NYSE-listed financial holding company providing banking, technology, and data solutions through subsidiaries including Banco Popular de Puerto Rico and Evertec. This page aggregates official news releases and verified coverage about strategic developments, financial performance, and operational milestones.
Key resources for stakeholders include quarterly earnings disclosures, leadership updates, and innovation initiatives in digital banking. Track regulatory filings, partnership announcements, and market expansion efforts across Puerto Rico and U.S. mainland operations.
Why monitor BPOP news? Access primary-source information on one of the Caribbean's largest financial institutions, with insights into consumer banking trends, payment processing innovations, and risk management strategies. Content is updated continuously to reflect new SEC filings and media coverage.
Bookmark this page or check regularly for unfiltered access to Popular Inc's evolving story. Combine these updates with Stock Titan's analysis tools for comprehensive investment research.
Popular, Inc. (NASDAQ: BPOP) announced an acquisition agreement with Evertec, Inc. for $196.6 million, aiming to enhance its digital transformation. The deal involves acquiring assets from Evertec while assuming specific liabilities. Popular plans to amend existing service agreements with Evertec to reduce costs and improve service flexibility. The acquisition is expected to add around 175 employees and subsequently reduce Popular's voting stake in Evertec below 4.5%. The transaction is projected to yield approximately $350 million in after-tax gains and is set to close around June 30, 2022.
Popular, Inc. (NASDAQ: BPOP) will participate in the RBC Capital Markets Financial Institutions Conference on March 9, 2022. Carlos J. Vázquez, Executive VP and CFO, will speak at 10:00 a.m. ET. A live audio webcast will be accessible via the Popular, Inc. Investor Relations website, with a replay available after the event. Founded in 1893, Popular is the leading financial institution in Puerto Rico and ranks among the top 50 U.S. bank holding companies. The company offers a range of banking services in Puerto Rico, the U.S. Virgin Islands, and mainland U.S.
Popular, Inc. (NASDAQ: BPOP) has declared a quarterly cash dividend of $0.55 per share on its common stock. This dividend will be payable on April 1, 2022, to shareholders recorded by the close of business on March 15, 2022. As the leading financial institution in Puerto Rico regarding assets and deposits, Popular also ranks among the top 50 U.S. bank holding companies. Founded in 1893, the company offers a range of banking services through its principal subsidiary, Banco Popular de Puerto Rico, and has operations in the U.S. mainland via Popular Bank.
Popular, Inc. (NASDAQ: BPOP) declared a cash dividend of
Popular, Inc. (NASDAQ:BPOP) reported Q4 2021 net income of $206.1 million, down from $248.1 million in Q3 2021, and an annual net income of $934.9 million, up from $506.6 million in 2020. The net interest margin was 2.78%, slightly improved from 2.77% in Q3 2021. Non-performing loans (NPLs) decreased by $85 million to a ratio of 1.9%. The company announced a 22% dividend increase and a $500 million stock repurchase program for 2022, reflecting strong capital position and revenue diversity.
Popular Bank has appointed Adam E. Dejak as the new National Director of Residential Lending for Popular Mortgage. With over 20 years of experience in financial services, Dejak's leadership aims to enhance the mortgage program and expand lending offerings. His prior role was at Sterling National Bank, focusing on business development and capital markets. This change is expected to bolster Popular Bank's position in residential lending, helping clients build wealth through homeownership.
Popular, Inc. (NASDAQ: BPOP) has announced significant capital actions, including an increase in its quarterly common stock dividend from $0.45 to $0.55 per share, effective in the second quarter of 2022, pending Board approval. Additionally, the company plans to execute stock repurchases of up to $500 million during 2022. These steps reflect the strength of Popular's financial performance and capital position, aimed at delivering shareholder value while continuing to invest in its operations.
Popular, Inc. announced a $0.132813 monthly cash dividend for its 6.375% Non-Cumulative Monthly Income Preferred Stock, Series A, payable on January 31, 2022. Record date is January 15, 2022. Additionally, a $0.127604 monthly distribution on its 6.125% Cumulative Monthly Income Trust Preferred Securities will be payable on February 1, 2022, also to holders of record as of January 15, 2022. Popular, Inc. remains a leading financial institution in Puerto Rico.
Popular, Inc. (NASDAQ: BPOP) will announce its financial results for the fourth quarter ending
Popular Bank's Easy Access Checking has been certified by the Cities for Financial Empowerment Fund, meeting the Bank On National Account Standards. This certification highlights the account's commitment to financial inclusion and offers low monthly costs ($3-$5), no low balance fees, and essential transaction capabilities. Launched in Florida and New Jersey, it will be available in New York starting January 15, 2022. This initiative supports unbanked consumers by providing safe and affordable banking options, reinforcing Popular Bank's mission of community investment.
FAQ
What is the current stock price of Popular (BPOP)?
What is the market cap of Popular (BPOP)?
