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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. approves quarterly cash dividend of $0.55 per share on its outstanding common stock.
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Popular, Inc. (NASDAQ: BPOP) declares monthly cash dividend on its Non-Cumulative Monthly Income Preferred Stock and announces monthly distribution on its Trust Preferred Securities.
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Rhea-AI Summary
Popular, Inc. (BPOP) reported net income of $151.2 million in Q2 2023, down from $159.0 million in Q1 2023. The company's net interest margin decreased to 3.14% in Q2 2023 from 3.22% in Q1 2023. Credit quality improved with decreases in non-performing loans and net charge-offs. Loans and deposit balances also increased, while total borrowings remained flat. Common Equity Tier 1 ratio stood at 16.87%, with Common Equity per Share at $63.00 and Tangible Book Value per Share at $51.37 at June 30, 2023.
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Popular, Inc. (NASDAQ: BPOP) has declared a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on June 30, 2023. The Corporation also announced a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on July 3, 2023.
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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
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United States of America
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