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) has announced that its principal subsidiary, Banco Popular de Puerto Rico (BPPR), has been named 'Bank of the Year Puerto Rico' by The Banker for the seventh consecutive year. The recognition highlights BPPR's strategic initiatives, including acquiring Wells Fargo's auto loan business and successfully facilitating over 29,000 Paycheck Protection Program loans totaling $1.4bn during the COVID-19 pandemic. The awards ceremony acknowledged BPPR's role in supporting local communities and enhancing digital banking services, with app sign-ups increasing by 40% during the crisis.
Popular, Inc. (NASDAQ: BPOP) declared a monthly cash dividend of $0.132813 per share on its 6.375% Non-Cumulative Monthly Income Preferred Stock, payable on December 31, 2020. 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 for 6.125% Cumulative Monthly Income Trust Preferred Securities, both due on January 4, 2021. Holders must be on record by December 15, 2020.
Popular, Inc. (NASDAQ: BPOP) has declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend distribution is scheduled for January 4, 2021, with an ex-dividend date of December 11, 2020. As a prominent financial institution in Puerto Rico, Popular, Inc. offers various banking services through its subsidiaries across Puerto Rico and the mainland U.S., enhancing its standing among the top 50 U.S. bank holding companies by assets.
The COVID-19 pandemic has inspired Popular's musical production, "Somos música," set to air on December 6 at 8 p.m. in Puerto Rico and online. This year's production highlights the importance of music during the pandemic, featuring artists like Natalia Jiménez, Tommy Torres, and Ozuna, who share their experiences and the role of music in coping with isolation. As a continuation of a 27-year tradition, part of the funds raised will support the Fundación Banco Popular for musical programs in schools.
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 November 30, 2020, to shareholders on record as of November 15, 2020.
Additionally, the company announced distributions for Trust Preferred Securities: $0.139583 per security of 6.700% Cumulative Monthly Income Trust Preferred Securities, and $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities, both payable on December 1, 2020.
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, payable on November 2, 2020, to holders of record by October 15, 2020. Additionally, it announced distributions on its Trust Preferred Securities, including $0.139583 for 6.700% Cumulative Monthly Income Trust Preferred Securities and $0.127604 for 6.125% Cumulative Monthly Income Trust Preferred Securities, both payable on November 2, 2020.
Popular, Inc. (NASDAQ: BPOP) plans to announce its third-quarter financial results for the period ending September 30, 2020, before market opening on October 28, 2020. A conference call will follow at 11:00 a.m. Eastern Time, accessible via the investor relations section of their website. Participants are urged to join 15 minutes early to prepare for the call. A replay will be available for a month following the call, with specific dialing instructions provided. Popular, Inc. is a leading financial institution in Puerto Rico, offering a range of banking services.