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Popular Inc - BPOP STOCK NEWS

Welcome to our dedicated page for Popular news (Ticker: BPOP), a resource for investors and traders seeking the latest updates and insights on Popular stock.

Popular Inc (symbol: BPOP) is a prominent financial holding company headquartered in Puerto Rico. With its roots deeply embedded in financial services, Popular Inc. operates through four main subsidiaries. The most notable among them is Banco Popular de Puerto Rico, the leading financial institution on the island, serving over 1.4 million individuals and business clients.

Banco Popular de Puerto Rico offers an extensive range of financial products and services that cater to varying customer needs. The bank's expansive reach is evident through its network of over 600 ATMs and more than 160 branches. Additionally, it provides multiple convenient banking platforms such as Mi Banco Online, Mi Banco Mobile apps, and a 24/7 call center known as TeleBanco.

Popular Inc. also extends its operations to the continental United States through Banco Popular North America. Furthermore, the company diversifies its services with Evertec, a data processing firm, and Popular Financial Holdings, a diversified financial services company.

The corporation prides itself on its core values: social commitment, customer focus, integrity, excellence, innovation, and performance. With a heritage spanning over 121 years, Popular Inc. attributes its success to its more than 6,000 dedicated employees. The company not only offers competitive salaries and benefits but also fosters a familial corporate culture, ensuring that its workforce remains motivated and committed to exceptional performance.

Popular Inc. remains steadfast in its mission to provide top-quality financial services and continues to evolve and innovate to meet the growing needs of its clientele. The company’s commitment to excellence and innovation ensures that it remains a pivotal player in the financial industry.

To stay updated with the latest news and developments related to Popular Inc., be sure to follow our news section regularly.

Rhea-AI Summary
Popular, Inc. (NASDAQ: BPOP) declares monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock and Trust Preferred Securities. The monthly cash dividend for the Non-Cumulative Monthly Income Preferred Stock, 2003 Series A is $0.132813 per share, payable on December 29, 2023, and the monthly distribution for the Trust Preferred Securities is $0.127604 per security, payable on January 2, 2024.
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Popular, Inc. (BPOP) announced that Banco Popular de Puerto Rico (BPPR) was selected as 'Bank of the Year Puerto Rico' by The Banker, The Financial Times’ international banking magazine. BPPR has received this prestigious recognition eleven times since the award’s inception in 1998. The bank saw its best results in its history, including a record annual net income of $1.1bn which was $168m higher than 2021. The plan focuses on people, culture, and purpose, modernizing technology architecture and improving customer solutions. The bank also achieved a significant milestone in Puerto Rico, adding more customers and now has more than two million unique customers.
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Popular, Inc. (NASDAQ: BPOP) Announces 13% Increase in Quarterly Dividend
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Popular Inc. (BPOP) Announces 31st Edition of Music Special Dedicated to Salsa
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Popular, Inc. (NASDAQ: BPOP) has declared a monthly cash dividend of $0.132813 per share of its Non-Cumulative Monthly Income Preferred Stock, 2003 Series A. The dividend is payable on November 30, 2023, to shareholders of record as of November 15, 2023. Additionally, the company announced a monthly distribution of $0.127604 per security of its Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II. The distribution is payable on December 1, 2023, to shareholders of record as of November 15, 2023.
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Popular, Inc. reports net income of $136.6 million for Q3 2023, compared to $151.2 million in Q2 2023. Net interest income increased by $2.4 million. Non-interest income decreased by $1.0 million. Operating expenses increased by $5.7 million. NPLs decreased by $24.0 million. NCOs increased by $8.7 million. Loans increased by $998.4 million. Ending deposit balances decreased by $667.2 million. Common Equity Tier 1 ratio is 16.81%.
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Popular, Inc. declares monthly cash dividends on its preferred stock and trust preferred securities.
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Popular, Inc. (NASDAQ:BPOP) will report Q3 financial results on October 26, 2023. Conference call at 11:00 a.m. ET. Webcast replay available.
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Popular partners with Future Capital to leverage advanced retirement technology and personalized guidance services for plan participants in Puerto Rico and the United States.
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Popular, Inc. declares monthly cash dividend and distribution on its preferred stock and trust securities.
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FAQ

What is the current stock price of Popular (BPOP)?

The current stock price of Popular (BPOP) is $91.66 as of December 20, 2024.

What is the market cap of Popular (BPOP)?

The market cap of Popular (BPOP) is approximately 6.5B.

What is Popular Inc. (BPOP)?

Popular Inc. is a financial holding company based in Puerto Rico, operating through subsidiaries like Banco Popular de Puerto Rico and Banco Popular North America.

Who are Popular Inc.'s primary clients?

Popular Inc. serves over 1.4 million individuals and business clients primarily through Banco Popular de Puerto Rico.

What services does Banco Popular de Puerto Rico offer?

Banco Popular de Puerto Rico offers a wide range of financial products and services, including online banking, mobile apps, and a 24/7 call center.

How extensive is Banco Popular de Puerto Rico's reach?

The bank operates over 600 ATMs and more than 160 branches across Puerto Rico.

What other subsidiaries are part of Popular Inc.?

Popular Inc. includes Banco Popular North America, Evertec (a data processor), and Popular Financial Holdings.

What are the core values of Popular Inc.?

Popular Inc. values social commitment, customer focus, integrity, excellence, innovation, and performance.

How long has Popular Inc. been in operation?

Popular Inc. has been providing financial services for over 121 years.

How many employees does Popular Inc. have?

Popular Inc. employs over 6,000 individuals who are considered part of the company’s family.

How does Popular Inc. ensure high-quality service?

The company maintains high service standards through continuous innovation and by hiring top-quality talent.

Where can I find the latest news about Popular Inc.?

You can stay updated with the latest developments and news about Popular Inc. by following the news section on our website.

Popular Inc

Nasdaq:BPOP

BPOP Rankings

BPOP Stock Data

6.46B
69.83M
1.77%
90.57%
0.83%
Banks - Regional
State Commercial Banks
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United States of America
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