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Popular Inc (BPOP.OQ)

BPOP.OQ on NASDAQ Stock Exchange Global Select Market

35.88USD
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Popular Inc announces qtrly earnings per share ‍$0.19​
Tuesday, 31 Oct 2017 07:30am EDT 

Oct 31 (Reuters) - Popular Inc :Popular, Inc. Announces third quarter financial results.Popular Inc - ‍net income of $20.7 million for q3 of 2017, reflecting $79.4 million in hurricane-associated expenses and an income tax benefit of $20.0 million​.Popular Inc qtrly earnings per share ‍$0.19​.Popular Inc qtrly ‍net interest income$378.2 million versus $374.5 million.Popular Inc - ‍ while hurricane irma struck co's operations in florida, neither co's operations nor those of co's clients in region were materially impacted​.Popular-By third week of Oct, debit and credit card purchase activity from clients stood at about 55% to 65% when compared to pre-hurricane activity​.Popular- sees Q4 revenues further negatively impacted in amount representing additional $5 million - $20 million from Q3,excluding impact on valuation of MSRS​.  Full Article

Popular Inc announces qtrly earnings per share $0.94
Wednesday, 26 Jul 2017 08:00am EDT 

July 26 (Reuters) - Popular Inc ::Popular Inc announces second quarter financial results.Qtrly earnings per share $0.94.Popular Inc - net interest income for quarter ended June 30, 2017 was $374.5 million, compared to $362.1 million for previous quarter.  Full Article

Popular announces appointment of Richard Carrión as executive chairman and Ignacio Alvarez as CEO
Tuesday, 25 Apr 2017 08:00am EDT 

April 25 (Reuters) - Popular Inc :Popular announces appointment of Richard Carrión as executive Chairman and Ignacio Alvarez as Chief Executive Officer.Board intends that, over a period of three years, Carrión will transition to role of non-executive chairman.  Full Article

Popular announces qtrly net income per common share from continuing operations $0.89
Tuesday, 25 Apr 2017 08:00am EDT 

April 25 (Reuters) - Popular Inc :Popular, Inc. announces first quarter financial results.Popular Inc qtrly net interest income $362.1 million versus $352.4 million.Popular Inc qtrly net income per common share from continuing operations $0.89.Popular Inc says tangible book value per share of $43.84 at March 31, 2017.  Full Article

Popular approved increase in company's quarterly common stock dividend
Tuesday, 24 Jan 2017 08:00am EST 

Popular Inc : Approved increase in company's quarterly common stock dividend from $0.15 per share to $0.25 per share .Popular Inc - sets common stock repurchases of up to $75 million.  Full Article

Popular Reports Adverse Arbitration Award in FDIC Dispute
Wednesday, 14 Dec 2016 05:00pm EST 

Popular Inc : Popular Inc -Review board hearing one of claims submitted by Banco Popular De Puerto Rico issued arbitration award . Popular-Arbitration award in connection with FDIC's refusal to concur in certain of BPPR's proposed portfolio sales under commercial loss shared deal . Popular Inc - Arbitration Award denying BPPR's request for damages of about $88.5 million plus interest .Popular Inc - For quarter ended Dec 31, co expects to recognize pre-tax charge of about $115 million related to unreimbursed losses considered in arbitration.  Full Article

Popular Inc Q3 earnings per share $0.44
Tuesday, 25 Oct 2016 08:00am EDT 

Popular Inc : Popular, inc. Announces third quarter financial results . Popular inc- net interest margin of 4.12% in q3 2016, compared to 4.33% in q2 2016 . Net income of $46.8 million for q3 of 2016 and adjusted net income of $94.6 million . Popular inc- net interest income for quarter ended september 30, 2016 was $353.7 million, compared to $360.6 million for previous quarter . Qtrly common equity tier 1 ratio of 16.64 percent .Qtrly earnings per share $0.44.  Full Article

Popular reports second quarter financial results
Tuesday, 26 Jul 2016 08:00am EDT 

Popular Inc: Popular Inc says net interest income for quarter ended June 30, 2016 was $360.6 million, compared to $352.4 million for previous quarter .Popular Inc qtrly net income per common share from continuing operations $0.85.  Full Article

Fitch Maintains Popular Inc. on Rating Watch Negative

(The following statement was released by the rating agency) NEW YORK, November 21 (Fitch) Fitch Ratings has maintained Popular Inc.'s (BPOP) 'BB-' Long-Term Issuer Default Rating (IDR), 'B' Short-Term IDR, and 'bb-' Viability Rating (VR) on Rating Watch Negative due to the uncertainty of the impact caused by Hurricane Maria on Puerto Rico. A full list of rating actions follows at the end of this release. KEY RATING DRIVERS IDRS, NATIONAL RATINGS AND SENIOR DEBT The ratings are maintained on Nega