10-May-2024
Popular Inc Announces Leadership Changes and Shareholder Decisions
TipRanks (Fri, 10-May 8:22 AM ET)
Popular names Javier Ferrer president, adding to his COO role
Seeking Alpha News (Fri, 10-May 8:21 AM ET)
Popular Announces Appointment of Javier D. Ferrer as President and Chief Operating Officer
Business Wire (Fri, 10-May 8:00 AM ET)
Popular declares $0.62 dividend
Seeking Alpha News (Thu, 9-May 12:25 PM ET)
Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share
Business Wire (Thu, 9-May 12:20 PM ET)
AM Best Affirms Credit Ratings of Popular Life Re
Business Wire (Wed, 8-May 10:27 AM ET)
Wells Fargo Sticks to Their Buy Rating for Popular (BPOP)
TipRanks (Tue, 7-May 9:09 PM ET)
Business Wire (Fri, 3-May 9:15 AM ET)
Popular, Inc. Announces First Quarter 2024 Financial Results
Business Wire (Tue, 23-Apr 8:00 AM ET)
Banco Popular Launches a New Campaign 'We Follow Your Rhythm'; Introduces Audio Branding
Business Wire (Thu, 18-Apr 2:29 PM ET)
Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, a bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. The Corporation's reportable segments consist of Banco Popular de Puerto Rico and Popular U.S.
Popular trades on the NASDAQ stock market under the symbol BPOP.
As of May 10, 2024, BPOP stock price climbed to $90.92 with 271,118 million shares trading.
BPOP has a beta of 1.09, meaning it tends to be more sensitive to market movements. BPOP has a correlation of 0.22 to the broad based SPY ETF.
BPOP has a market cap of $6.57 billion. This is considered a Mid Cap stock.
Last quarter Popular reported $551 million in Revenue and $1.88 earnings per share. This fell short of revenue expectation by $-9 million and exceeded earnings estimates by $.02.
In the last 3 years, BPOP stock traded as high as $99.49 and as low as $49.34.
The top ETF exchange traded funds that BPOP belongs to (by Net Assets): VTI, VB, VBR, VXF, SDVY.
BPOP has outperformed the market in the last year with a price return of +68.8% while the SPY ETF gained +27.8%. BPOP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.3% and +5.0%, respectively, while the SPY returned +4.2% and +2.5%, respectively.
BPOP support price is $88.16 and resistance is $91.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BPOP stock will trade within this expected range on the day.