banco popular de puerto rico is popular, inc.’s main subsidiary and the primary financial institution in puerto rico. we serve more than 1.4 million individuals and business clients and pride ourselves in offering a wide variety of financial products and services. innovation and top quality service are our drivers which is why we offer our customers over 600 atms, more than 160 branches and multiple banking platforms, such as: mi banco online, mi banco mobile apps and a 24/7 call center called telebanco. we make sure to always stay true to our institutional values: social commitment, our customers, integrity, excellence, innovation, our people and performance. in order to continue to provide the top quality service we have offered for the past 121 years, we look for top quality talent, which is why our more than 6,000 employees are not just employees, but family. our people commit to exceptional performance and are recognized with competitive salaries and benefits. look for more in
Company profile
Ticker
BPOP, BPOPO, BPOPM
Exchange
Website
CEO
Ignacio Alvarez
Employees
Location
Fiscal year end
Industry (SIC)
Former names
BANPONCE CORP, POPULAR INC
SEC CIK
Corporate docs
Subsidiaries
Popular Auto LLC • PR Rent-to-Own LLC • Popular Community Capital, LLC • Popular Mezzanine Fund LLC • Popular Center Holdings LLC • Popular Insurance LLC • Popular Securities LLC • Popular Risk Services LLC • Popular Life RE, Inc. • Popular RE, Inc. ...
IRS number
660667416
BPOP stock data
Latest filings (excl ownership)
8-K
Popular, Inc. Announces First Quarter 2024 Financial Results
23 Apr 24
ARS
2023 FY
Annual report to shareholders
27 Mar 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
DEF 14A
Definitive proxy
27 Mar 24
8-K
Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share
23 Feb 24
8-K
Popular, Inc. Announces Fourth Quarter 2023 Financial Results
25 Jan 24
8-K
Departure of Directors or Certain Officers
22 Jan 24
8-K
Departure of Directors or Certain Officers
11 Dec 23
8-K
Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share, an Increase of $0.07
16 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
Transcripts
BPOP
Earnings call transcript
2024 Q1
23 Apr 24
BPOP
Earnings call transcript
2023 Q4
25 Jan 24
BPOP
Earnings call transcript
2023 Q3
26 Oct 23
BPOP
Earnings call transcript
2023 Q2
26 Jul 23
BPOP
Earnings call transcript
2023 Q1
26 Apr 23
BPOP
Earnings call transcript
2022 Q4
25 Jan 23
BPOP
Earnings call transcript
2022 Q3
26 Oct 22
BPOP
Earnings call transcript
2022 Q2
30 Jul 22
BPOP
Earnings call transcript
2022 Q1
26 Apr 22
BPOP
Earnings call transcript
2021 Q4
27 Jan 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 541.24 mm | 541.24 mm | 541.24 mm | 541.24 mm | 541.24 mm | 541.24 mm |
Cash burn (monthly) | (no burn) | 123.61 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 854.28 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | -313.04 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | -2.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
87.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 266 |
Opened positions | 43 |
Closed positions | 32 |
Increased positions | 99 |
Reduced positions | 83 |
13F shares | Current |
---|---|
Total value | 3.96 tn |
Total shares | 62.88 mm |
Total puts | 26.70 k |
Total calls | 45.30 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 9.02 mm | $568.11 bn |
T. Rowe Price | 4.65 mm | $292.53 bn |
Dimensional Fund Advisors | 4.09 mm | $257.65 bn |
Wellington Management | 3.60 mm | $226.83 bn |
BLK Blackrock | 3.35 mm | $210.95 bn |
FMR | 3.24 mm | $204.06 bn |
First Trust Advisors | 3.20 mm | $201.70 bn |
T. Rowe Price Investment Management | 2.86 mm | $180.05 bn |
Hotchkis & Wiley Capital Management | 2.36 mm | $148.72 bn |
Polaris Capital Management | 2.26 mm | $142.67 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Bacardi Iii Joaquin E | RSU Common Stock Par Value $0.01 per share | Grant | Acquire A | No | No | 0 | 90 | 0.00 | 12,382 |
1 Apr 24 | Ballester Alejandro M | RSU Common Stock Par Value $0.01 per share | Grant | Acquire A | No | No | 0 | 90 | 0.00 | 12,382 |
1 Apr 24 | Carrady Robert | RSU Common Stock Par Value $0.01 per share | Grant | Acquire A | No | No | 0 | 142 | 0.00 | 19,794 |
1 Apr 24 | Richard L Carrion | RSU Common Stock Par Value $0.01 per share | Grant | Acquire A | No | No | 0 | 88 | 0.00 | 12,004 |
1 Apr 24 | Diercksen John W | RSU Common Stock Par Value $0.01 per share | Grant | Acquire A | No | No | 0 | 174 | 0.00 | 24,249 |
News
Popular Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)
25 Apr 24
Barclays Maintains Overweight on Popular, Raises Price Target to $105
25 Apr 24
Wells Fargo Maintains Overweight on Popular, Raises Price Target to $115
24 Apr 24
Keefe, Bruyette & Woods Reiterates Outperform on Popular, Raises Price Target to $110
24 Apr 24
Popular Q1 EPS $1.43 Misses $1.86 Estimate, Net Interest Income Amounted To $550.7M Higher Than $531.66M YoY
23 Apr 24
Press releases
Popular, Inc. Announces First Quarter 2024 Financial Results
23 Apr 24
Banco Popular Launches a New Campaign 'We Follow Your Rhythm'; Introduces Audio Branding
18 Apr 24
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
5 Apr 24
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
5 Mar 24
Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share
23 Feb 24