SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on February 29, 2024 to holders of record as of February 15, 2024. The Corporation also announced the following monthly distribution on its outstanding Trust Prefe ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend ...

▪ U.S. loan balances increased by $340 million YoY • Favorable credit risk profile with low level of NCOs, NPLs, criticized and classified loans • Non-performing loans held-in-portfolio at $10 million in Q4 2024, decreasing by $6 million QoQ; NPLs to loans ratio at 0.2% in Q4 2023 • Allowance for credit losses to loans held-in-portfolio at 1.29% in Q4 2023 vs. 1.33% in Q3 2023 • ACL to NPLs increased to 664% in Q4 2023 $ in millions 22 Retail 35% Hotels 20% Office Space 12% Shelters 11% Health Facility 6% M ...

Popular, Inc. (NASDAQ:BPOP) Q4 2023 Earnings Conference Call January 25, 2024 10:00 AM ET Company Participants Paul Cardillo - Investor Relations Officer Ignacio Alvarez - Chief Executive Officer Javier Ferrer - Chief Operating Officer Carlos Vazquez - Chief Financial Officer Lidio Soriano - Chief Risk Officer Jorge Jose García - Principal Accounting Officer, Senior Vice President & Comptroller Conference Call Participants Timur Braziler - Wells Fargo Ben Gerlinger - Citi Alex Twerdahl - Piper Sandler Kelly ...

Popular (BPOP) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $3.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 84.76%. A quarter ago, it was expected that this company that runs Banco Popular and other banks in Puerto Rico and the U.S. Would post earnings of $1.89 per share when it actually produced earnings of $1.90, delivering a ...

This week’s busy earnings lineup features several top-rated Zacks stocks that may be flying under investors' radars leading up to their quarterly results on Thursday, January 25.With that being said, here are a few of these intriguing companies that investors will want to pay attention to as earnings approach.Eagle Materials (EXP) Concrete and cement supplier Eagle Materials has had a nice pathway to benefit from the booming Zacks Construction sector which is currently ranked second out of 16 Zacks sectors. ...

1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q [X] Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 or [ ] Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-34084 POPULAR, INC. (Exact name of registrant as specified in its charter) Puerto Rico 66-0667416 (State or other jurisdiction of Incorporation or (IRS Employer I ...

Popular, Inc. (NASDAQ:BPOP) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants Paul Cardillo - Investor Relations Ignacio Alvarez - President and CEO Carlos Vazquez - CFO Lidio Soriano - CRO Conference Call Participants Timur Braziler - Wells Fargo Securities Brett Rabatin - Hovde Group Alexander Twerdahl - Piper Sandler Broderick Preston - UBS Kelly Motta - KBW Operator Hello, and welcome to today's Popular Inc. 3Q Earnings Call. My name is Jordan, and I'll be coordinating y ...

INVESTOR PRESENTATION Third Quarter 2023 Quarter Highlights • Net income of $153 million, excluding after-tax goodwill impairment charge of $16 million • Deposits decreased $667 million, mainly P.R. Government deposits • Common Equity Tier 1 capital ratio decreased 6 basis points (bps) to 16.81% Business Highlights Earnings • Loans increased by $642 million QoQ across most business segments: ▪ Commercial loans increased $311 million ▪ Mortgage loans increased $121 million ▪ Auto loans and leases increased $ ...

The weighted average yield on debt securities available-for-sale is based on amortized cost; therefore, it does not give effect to changes in fair value. Securities not due on a single contractual maturity date, such as mortgage-backed securities and collateralized mortgage obligations, are classified based on the period of final contractual maturity. The expected maturities of collateralized mortgage obligations, mortgage-backed securities and certain other securities may differ from their contractual matu ...