Edition:
United States

Banco Popular Espanol SA (POP.MC)

POP.MC on Madrid SE C.A.T.S.

0.70EUR
25 Apr 2017
Change (% chg)

€0.01 (+1.89%)
Prev Close
€0.69
Open
€0.69
Day's High
€0.70
Day's Low
€0.67
Volume
32,266,480
Avg. Vol
46,011,305
52-wk High
€2.31
52-wk Low
€0.60

Latest Key Developments (Source: Significant Developments)

Banco Popular names new CEO and CFO
Monday, 10 Apr 2017 12:15pm EDT 

Banco Popular Espanol SA :Names Ignacio Sanchez-Asiain Sanz as chief executive (CEO) and Miguel Escrig Melia as chief financial officer (CFO) of the company.  Full Article

Spain's Banco Popular is in no position to pay dividends - chairman
Monday, 10 Apr 2017 07:54am EDT 

Chairman of Spain's Banco Popular : Says bank is in no position right now to pay dividends and is short of capital . "If there was any doubt, the bank is in no position to pay dividends. The bank is short of capital," Chairman Emilio Saracho told shareholders in Madrid. . Earlier, Saracho said Popular was set to raise more capital and a merger was a possibility. [nL8N1HI283] Further company coverage: [POP.MC] (Reporting By Madrid Newsroom) ((jesus.aguado@thomsonreuters.com;)).  Full Article

Banco Popular announces resignation of CEO
Monday, 3 Apr 2017 10:34am EDT 

Banco Popular Espanol SA : Says chief executive (CEO) Pedro Larena Landeta steps down .Pedro Larena Landeta to carry out his duties until the board of directors appoints his substitute.  Full Article

Banco Popular says it would book capital gains if it sells its U.S. unit
Monday, 20 Feb 2017 08:20am EST 

Deputy Chairman of Banco Popular , Roberto Higuera:Says if the bank sells its U.S. unit it would generate capital gains.  Full Article

Banco Popular believes 2018 targets will be put under revision
Friday, 3 Feb 2017 04:00am EST 

Banco Popular : Says believes 2018 targets will be put under revision . "When we talk about the targets, there is no doubt that now they are even more challenging to achieve. This, coupled with the fact we'll have a new chairman, suggests that the most prudent position now is to put these targets under revision," Banco Popular's chief executive Pedro Larena said during a conference call with analysts. Further company coverage: [POP.MC] (Reporting By Madrid Newsroom) ((jesus.aguado@thomsonreuters.com;)).  Full Article

Spain's Popular sees flat lending income in 2017
Friday, 3 Feb 2017 03:48am EST 

Banco Popular : Says on conference call with analysts it expects lending income to be flat in 2017 .Says expects low single digit growth in net interest income in 2017 [nL5N1FO0KI].  Full Article

Banco Popular Espanol approves partial spin off of Banco Popular Portugal
Thursday, 5 Jan 2017 11:37am EST 

Banco Popular Espanol SA : Board approves partial spin-off of Banco Popular Portugal . Banking activity of Banco Popular Portugal will be integrated in Banco Popular Espanol . To create a branch to carry out banking activity in Portugal . Banco Popular Portugal to keep leasing and real estate activities .Sees to complete the operation in last quarter of 2017.  Full Article

Banco Popular reduces to 2,592 number of people affected by restructuring
Tuesday, 25 Oct 2016 09:17am EDT 

Banco Popular Espanol SA : Reduces to 2,592 the number of people affected and improves the conditions of the restructuring process [nL8N1BW2QV] .Says reduces the number of affected employees by 10 percent compared to previous announcement.  Full Article

Spain's Popular to pay cash dividend in 2018 with 40 pct payout
Friday, 29 Jul 2016 07:38am EDT 

Spain's Banco Popular :Says plans to pay a cash dividend in 2018 with a payout of 40 percent.  Full Article

Spain's Popular may incorporate external partner into private banking unit
Friday, 29 Jul 2016 03:58am EDT 

Spain's Banco Popular : Says is considering incorporating an external partner into its private banking unit .Says is not worried about the result of Friday's European banking stress test.  Full Article

More From Around the Web

Banco Popular sees sell off of non-performing real estate a priority

MADRID, April 20 Spain's Banco Popular CEO Ignacio Sanchez-Asiain said on Thursday the lender's current priority is the sell off of non-performing real estate assets as it fights to return to profits and improve its capital.