Sept 11 (Reuters) - Popular Inc ::POPULAR, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF $300,000,000 PRINCIPAL AMOUNT OF 6.125% SENIOR NOTES DUE 2023.
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June 4 (Reuters) - Popular Inc ::BANCO POPULAR MAKES REGULATORY FILING TO ACQUIRE WELLS FARGO’S AUTO FINANCE BUSINESS IN PUERTO RICO.POPULAR INC - NOW ANTICIPATE THAT TRANSACTION RELATED TO WELLS FARGO'S AUTO FINANCE BUSINESS IN PUERTO RICO WILL CLOSE DURING Q3 OF 2018.
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May 23 (Reuters) - Popular Inc ::POPULAR ANNOUNCES EARLY TERMINATION OF FDIC SHARED-LOSS AGREEMENTS.BANCO POPULAR MADE PAYMENT OF ABOUT $23.7 MILLION TO FDIC AS CONSIDERATION FOR TERMINATION OF SHARED-LOSS AGREEMENTS.BANCO POPULAR ENTERED INTO TERMINATION AGREEMENT WITH FDIC.AGREEMENT TO TERMINATE ALL SHARED-LOSS AGREEMENTS RELATED TO ACQUISITION OF ASSETS, ASSUMPTION OF CERTAIN LIABILITIES OF WESTERNBANK PUERTO RICO.UNDER TERMS OF TERMINATION AGREEMENT, BANCO POPULAR MADE A PAYMENT OF APPROXIMATELY $23.7 MILLION TO FDIC.POPULAR EXPECTED TO RECORD PRE-TAX GAIN OF APPROXIMATELY $95 MILLION.
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Feb 14 (Reuters) - Popular Inc ::POPULAR HAS AGREED TO ACQUIRE WELLS FARGO’S AUTO FINANCE BUSINESS IN PUERTO RICO.POPULAR INC - PURCHASE PRICE FOR ALL-CASH TRANSACTION IS EXPECTED TO BE APPROXIMATELY $1.7 BILLION.POPULAR INC - PURCHASE PRICE FOR ALL-CASH TRANSACTION IS EXPECTED TO BE APPROXIMATELY $1.7 BILLION.POPULAR INC - AS PART OF TRANSACTION, BANCO POPULAR WILL ACQUIRE APPROXIMATELY $1.5 BILLION IN RETAIL AUTO LOANS AND $340 MILLION IN COMMERCIAL LOANS.POPULAR INC - BANCO POPULAR WILL ALSO ACQUIRE CERTAIN OTHER ASSETS AND ASSUME CERTAIN LIABILITIES OF RELIABLE.POPULAR INC - BANCO POPULAR WILL FUND PURCHASE PRICE WITH EXISTING LIQUIDITY.POPULAR INC - POPULAR ANTICIPATES TRANSACTION TO CLOSE DURING Q2 OF 2018 AND BE ACCRETIVE TO EARNINGS.
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Jan 23 (Reuters) - Popular Inc ::POPULAR, INC. ANNOUNCES FOURTH QUARTER FINANCIAL RESULTS.POPULAR INC QTRLY LOSS PER SHARE $1.01.POPULAR INC QTRLY NET INTEREST INCOME $387.2 MILLION VERSUS $355.4 MILLION.POPULAR-Q4 NET LOSS REFLECTS NON-CASH INCOME TAX EXPENSE OF $168.4 MILLION, RELATED TO IMPACT OF FEDERAL TAX CUT AND JOBS ACT ON U.S. DEFERRED TAX ASSET.POPULAR INC - Q4 ADJUSTED NET INCOME OF $66.2 MILLION.POPULAR INC - "Q4 RESULTS WERE ALSO IMPACTED BY EFFECTS OF HURRICANES MARIA AND IRMA".POPULAR INC - FOR Q4, CO ESTIMATES THAT REVENUE CAPTIONS RESULTED IN A DECREASE IN INCOME OF ABOUT $20 MILLION WHEN COMPARED TO PRE-HURRICANE LEVELS.
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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.
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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.
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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.
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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.
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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.
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