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. (NASDAQ: BPOP) is a financial holding company and the leading financial institution by assets and deposits in Puerto Rico, with banking operations that extend to the U.S. and British Virgin Islands and selected mainland U.S. markets. This news page aggregates company-issued updates and market-moving announcements related to Popular’s commercial banking activities and financial performance.
Readers can follow BPOP news covering quarterly and annual financial results, where Popular reports on net interest income, net interest margin, non-interest income, operating expenses, credit quality indicators and capital ratios. Earnings releases often include management commentary on loan and deposit growth, asset mix, deposit costs and the impact of investments in U.S. Treasury securities and other earning assets, as well as discussion of non-GAAP measures such as net interest income on a taxable equivalent basis and tangible common equity.
News items also include announcements of cash dividends on Popular’s common stock, monthly cash dividends on its 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, and monthly distributions on its 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II. These releases provide details on record dates, payment dates and board approvals, giving investors insight into Popular’s capital actions.
In addition, this feed features recognition and strategic updates, such as Banco Popular de Puerto Rico being named “Bank of the Year Puerto Rico 2025” by The Banker magazine, and descriptions of Popular’s transformation efforts, data-driven customer personalization framework and Cloud-first strategy. For investors, analysts and observers of the commercial banking sector, the BPOP news page offers a centralized view of Popular’s public communications, from financial results and dividends to awards and strategic commentary.
Popular, Inc. (NASDAQ:BPOP) announced its plans to report third-quarter financial results for the period ending September 30, 2021. The announcement will be made before the market opens on October 20, 2021.
A conference call to discuss the results will occur at 11:00 a.m. Eastern Time on the same day, accessible via the company’s website. A replay will be available until November 17, 2021, via phone and on the website.
Popular, Inc. (NASDAQ: BPOP) announced a redemption notice for all outstanding 6.70% Cumulative Monthly Income Trust Preferred Securities on November 1, 2021. The total amount for redemption is approximately $186.7 million, with a payment of $25.139583 per security. Following this redemption, Popular plans to delist the Popular Capital Trust I (NASDAQ: BPOPN) from the Nasdaq Global Select Market. Holders will receive payments automatically through The Depository Trust Corporation (DTC) without action required on their part.
Popular, Inc. (NASDAQ: BPOP) has declared a monthly cash dividend of $0.132813 for its 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on September 30, 2021. Holders of record as of September 15, 2021 are eligible. Additionally, the company announced monthly distributions for its Trust Preferred Securities: $0.139583 for 6.700% Cumulative Trust Preferred Securities (BPOPN) and $0.127604 for 6.125% Cumulative Trust Preferred Securities (BPOPM), both payable on October 1, 2021.
Popular, Inc. (NASDAQ: BPOP) announced a quarterly cash dividend of $0.45 per share on its common stock, payable on October 1, 2021. Shareholders must be on record by the close of business on September 10, 2021. Popular, Inc. is a leading financial institution in Puerto Rico, noted for its comprehensive banking services including retail, mortgage, and commercial banking, as well as auto leasing and investment services. The company ranks among the top 50 U.S. bank holding companies by assets.
Popular, Inc. (NASDAQ: BPOP) has declared a monthly cash dividend of $0.132813 per share for its 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on August 31, 2021, to shareholders on record as of August 15, 2021.
Additionally, it announced monthly distributions of $0.139583 per security for 6.700% Cumulative Monthly Income Trust Preferred Securities, and $0.127604 for 6.125% Cumulative Monthly Income Trust Preferred Securities, both payable on September 1, 2021.
Popular, Inc. (NASDAQ: BPOP) will participate in the UBS Financial Services Virtual Conference on August 11, 2021. Carlos J. Vázquez, Executive Vice President and CFO, is scheduled to speak at 3:00 p.m. Eastern Time. A live audio webcast will be available on the Popular, Inc. Investor Relations website, with a replay accessible after the event. Popular, Inc. is a leading financial institution in Puerto Rico and ranks among the top 50 U.S. bank holding companies.
Popular, Inc. (NASDAQ:BPOP) reported net income of $218.1 million for Q2 2021, down from $262.6 million in Q1 2021. Despite this decline, the company highlighted increased consumer spending in Puerto Rico and a $5.9 billion growth in deposit balances. Capital actions include a $350 million accelerated share repurchase and a dividend increase from $0.40 to $0.45 per share. Credit quality remains strong, with a decrease in non-performing loans and a favorable economic outlook.
Summary not available.
Popular, Inc. (NASDAQ: BPOP) has declared a monthly cash dividend of $0.132813 per share for its 6.375% Non-Cumulative Monthly Income Preferred Stock, set for payment on August 2, 2021, to shareholders of record by July 15, 2021. Additionally, it announced distributions for its Trust Preferred Securities: $0.139583 per security for 6.700% Cumulative Monthly Income Trust Preferred Securities and $0.127604 per security for 6.125% Cumulative Monthly Income Trust Preferred Securities, also payable on August 2, 2021.
Summary not available.