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. 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
8-K
Popular, Inc. Announces Third Quarter 2023 Financial Results
26 Oct 23
8-K
Amendments to Articles of Incorporation or Bylaws
3 Oct 23
8-K
Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share
18 Aug 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
Transcripts
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
BPOP
Earnings call transcript
2021 Q3
20 Oct 21
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 | |||||
Net profit margin | |||||
Cash on hand | |||||
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 | 695.95 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | -154.72 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | -1.3 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
8 Mar 24 | Luis E. Cestero | Common Stock Par Value $0.01 per share | Sell | Dispose S | No | No | 84.415 | 4,641.106 | 391.78 k | 26,772.004 |
23 Feb 24 | Maria Cristina Gonzalez-noguera | Common Stock Par Value $0.01 per share | Payment of exercise | Dispose F | No | No | 83.44 | 600 | 50.06 k | 10,044.414 |
23 Feb 24 | Luis E. Cestero | Common Stock Par Value $0.01 per share | Payment of exercise | Dispose F | No | No | 83.44 | 680 | 56.74 k | 31,413.11 |
23 Feb 24 | Gilberto Monzon | Common Stock Par Value $0.01 per share | Payment of exercise | Dispose F | No | No | 83.44 | 617 | 51.48 k | 53,166.721 |
23 Feb 24 | Eli Sepulveda | Common Stock Par Value $0.01 per share | Payment of exercise | Dispose F | No | No | 83.44 | 750 | 62.58 k | 40,830.114 |
News
Citigroup Maintains Buy on Popular, Raises Price Target to $107
13 Mar 24
Beyond The Numbers: 4 Analysts Discuss Popular Stock
8 Mar 24
Barclays Initiates Coverage On Popular with Overweight Rating, Announces Price Target of $99
8 Mar 24
UBS Maintains Neutral on Popular, Raises Price Target to $91
26 Jan 24
RBC Capital Maintains Outperform Rating for Popular: Here's What You Need To Know
26 Jan 24
Press releases
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
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
5 Feb 24
Popular, Inc. Announces Fourth Quarter 2023 Financial Results
25 Jan 24
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
4 Jan 24