Popular Q3 Earnings Miss on Higher Provisions, Revenues Rise Y/Y

Popular, Inc.'s (BPOP)   third-quarter 2024 adjusted earnings per share of $2.16 missed the Zacks Consensus Estimate of$2.33. However, the bottom line increased 13.7% from the year-ago quarter.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.The results were primarily affected by higher provisions and deteriorating capital position. Nonetheless, a rise in net interest income (NII), fee income and lower expenses were tailwinds.Popular’s Revenues Rise & Expenses Decline Y/YTota ...