BPOP Popular, Inc.
Popular, Inc. is a holding company, which engages in the provision of banking and financial services. It operates through the Banco Popular de Puerto Rico and Popular U.S. segments. The Banco Popular de Puerto Rico segment includes retail, mortgage, and commercial banking services through banking subsidiary. The Popular U.S. segment represents operations of the retail branch network in the U.S. mainland under the name of Popular. The company was founded on October 5, 1893 and is headquartered in San Juan, Puerto Rico.
Company profile
Ticker
BPOP
Exchange
Website
CEO
Ignacio Alvarez
Employees
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Banponce Corp
SEC CIK
Corporate docs
IRS number
660667416
BPOP stock data
()
Calendar
11 May 20
9 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 550.36M | 559.87M | 571.98M | 570.98M | |
| Net income | 34.3M | 166.79M | 165.32M | 171.11M | |
| Diluted EPS | 0.37 | 1.72 | 1.7 | 1.76 | |
| Net profit margin | 6.23% | 29.79% | 28.90% | 29.97% | |
| Net change in cash | 57M | -113.65M | 108.29M | 13.94M | |
| Cash on hand | 451.32M | 394.32M | 507.97M | 399.68M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 2.26B | 2.02B | 1.73B | 1.63B | |
| Net income | 671.14M | 618.16M | 107.68M | 216.69M | |
| Diluted EPS | 6.88 | 6.06 | 1.02 | 2.06 | |
| Net profit margin | 29.69% | 30.57% | 6.24% | 13.26% | |
| Operating income* | 1.02B | 562.49M | 506.86M | ||
| Net change in cash | -8.93M | -9.38M | 38.43M | -4.69M | |
| Cash on hand | 394.32M | 403.25M | 412.63M | 374.2M |
Financial data from Popular earnings reports. *Asterisk values are approximate.
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Jul 20 | Richard L Carrion | RSU Common Stock Par Value $0.01 per share | Grant | Aquire A | No | 0 | 61 | 0 | 5,496 |
| 1 Jul 20 | Diercksen John W | RSU Common Stock Par Value $0.01 per share | Grant | Aquire A | No | 0 | 123 | 0 | 11,140 |
| 1 Jul 20 | Ballester Alejandro M | RSU Common Stock Par Value $0.01 per share | Grant | Aquire A | No | 0 | 65 | 0 | 5,837 |
| 1 Jul 20 | Goodwin C Kim | RSU Common Stock Par Value $0.01 per share | Grant | Aquire A | No | 0 | 65 | 0 | 5,837 |
| 1 Jul 20 | Bacardi Iii Joaquin E | RSU Common Stock Par Value $0.01 per share | Grant | Aquire A | No | 0 | 65 | 0 | 5,837 |
Institutional ownership Q1 2020
85.4% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 252 |
| Opened positions | 19 |
| Closed positions | 60 |
| Increased positions | 82 |
| Reduced positions | 109 |
13F shares |
Current |
|---|---|
| Total value | 10.25B |
| Total shares | 75.75M |
| Total puts | 407.9K |
| Total calls | 103.3K |
| Total put/call ratio | 3.9 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 9.61M | $336.24M |
| BLK BlackRock | 4.79M | $167.55M |
| Polaris Capital Management | 4.1M | $143.38M |
| Dimensional Fund Advisors | 3.49M | $122.02M |
| Aqr Capital Management | 3.22M | $112.8M |
| Ninety One UK | 2.56M | $89.57M |
| Hotchkis & Wiley Capital Management | 2.43M | $85.07M |
| N Price T Rowe Associates | 2.41M | $84.48M |
| STT State Street | 2.16M | $76.42M |
| AMP Ameriprise Financial | 2.09M | $73.1M |
Content analysis
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| Negative | ||
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| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. junior Bad
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New words:
absenteeism, ACL, actuarial, adversary, Aid, annum, Appellee, APPSN, arose, arrive, Assembly, ATM, bound, break, broader, build, calendar, capitalizable, catastrophic, categorized, cessation, China, chosen, clarification, Clarifying, cleaning, closure, cloud, collaborative, combat, commodity, condonation, contra, covenant, CRIM, curfew, cushion, dealing, decade, delay, delayed, disease, distance, distancing, domestic, driver, earthquake, eased, easing, efficacy, EITF, emergence, emergency, enabling, ETR, evolve, expand, Expanded, expansion, expedited, expert, explicit, extraordinary, fallback, fallout, FICO, FIFO, figure, flooring, formally, franchise, free, fueled, gathering, geography, Golden, greatly, heightened, heightening, history, hosting, imprecision, inconsistent, incorporating, indirect, input, interagency, interfered, island, jury, language, lapsing, left, LIBOR, lien, lost, magnitude, mandatory, mechanism, medical, medium, member, Mobilized, NaN, negotiated, nonaccrual, notably, NSF, OD, online, outbreak, output, overcome, overdraw, Overview, package, pandemic, Paycheck, paydown, PCD, PCI, perfected, phoneline, physical, platform, PPP, preliminarily, prevalent, prevent, prioritizing, progression, Purportedly, redemption, refreshed, region, regional, remote, remotely, replied, reply, rescheduled, restitution, resume, reverting, ROA, room, rotating, SAB, sample, sanitation, satisfaction, saving, score, seismic, sharp, shelter, sheltered, social, Southern, southwest, staggered, statistical, stood, strain, struck, supply, surfaced, suspend, suspended, suspension, Swain, technical, telephone, theory, threaten, turmoil, undivided, unenforceable, unfolded, unforeseen, unmodified, unprecedented, unpredictable, upcoming, vintage, voluntarily, waiver, weather, withdrawal, withdrawn, workforce, world, worldwide, Wuhan
Removed:
abstention, advertising, aggressive, ALLL, analyzing, approve, attentive, began, begin, benchmark, bind, binding, Bureau, cancelable, CFPB, Civil, classifying, Clause, committed, communication, conduct, confirmation, Constitution, contractually, corrected, deployment, dialogue, digital, diligence, disposition, dissolved, Distinguishing, dollar, eliminating, environmental, evidentiary, exceeding, existed, extra, GDB, GFL, Grupo, hindsight, indemnification, index, initiative, Inspector, integrate, integration, interface, investigate, investing, judgmental, Justice, launch, learned, legally, Leon, lessee, lessor, mailed, Mandatorily, Maria, mature, Noncontrolling, Nonemployee, nonfinancial, Nonpublic, Nonrefundable, notification, office, OIS, OTTI, outreach, Panam, Panama, pari, passu, permissible, perspective, pertain, petitioning, phasing, pilot, population, printing, pronouncement, quantify, quantitatively, quantity, ranked, recognize, recovering, Redeemable, regression, reimbursed, remediation, renewable, renewed, Replacement, reward, Round, Senate, separate, showed, SOFR, steadily, stimulative, stranded, strategy, suffer, supermajority, supersede, Swap, systematic, terminated, unconstitutional, unrecorded, Urban, utilized, Westernbank, worst, yearly
Financial reports
10-Q
2020 Q1
Quarterly report
11 May 20
10-K
2019 FY
Annual report
2 Mar 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-Q
2019 Q2
Quarterly report
9 Aug 19
10-Q
2019 Q1
Quarterly report
10 May 19
10-K
2018 FY
Annual report
1 Mar 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
10-Q
2018 Q2
Quarterly report
7 Aug 18
10-Q
2018 Q1
Quarterly report
10 May 18
10-K
2017 FY
Annual report
1 Mar 18
Current reports
8-K
Popular Completes $500 Million Accelerated Share Repurchase Transaction
27 May 20
8-K
Departure of Directors or Certain Officers
14 May 20
8-K
Popular, Inc. Declares a Cash Dividend of $0.40 per Common Share
12 May 20
8-K
Popular, Inc. Announces First Quarter 2020 Financial Results
30 Apr 20
8-K
Popular, Inc. Announces Change of Location for its 2020 Annual Meeting of Shareholders
24 Apr 20
8-K
Popular, Inc. Declares a Cash Dividend of $0.40 per Common Share
28 Feb 20
8-K
Popular Announces Entry into $500 Million Accelerated Share Repurchase Agreement
31 Jan 20
8-K
Popular, Inc. Announces Fourth Quarter 2019 Financial Results
28 Jan 20
8-K
Popular Announces Redemption of its Series B Preferred Stock
24 Jan 20
8-K
Amendments to Articles of Incorporation or Bylaws
24 Jan 20
Registration and prospectus
S-8
Registration of securities for employees
12 May 20
424B3
Prospectus supplement
29 Mar 19
S-8
Registration of securities for employees
15 Feb 19
424B2
Prospectus for primary offering
13 Sep 18
424B2
Prospectus for primary offering
11 Sep 18
FWP
Free writing prospectus
11 Sep 18
S-3ASR
Automatic shelf registration
19 Jun 18
S-3ASR
Automatic shelf registration
19 Jun 18
S-3ASR
Automatic shelf registration
26 Jun 15
S-3ASR
Automatic shelf registration
26 Jun 15
Proxies
DEFA14A
Additional proxy soliciting materials
27 Apr 20
DEFA14A
Additional proxy soliciting materials
24 Apr 20
DEFA14A
Additional proxy soliciting materials
31 Mar 20
DEF 14A
Definitive proxy
31 Mar 20
PRE 14A
Preliminary proxy
18 Mar 20
DEFA14A
Additional proxy soliciting materials
20 Mar 19
DEF 14A
Definitive proxy
20 Mar 19
DEF 14A
Definitive proxy
21 Mar 18
PRE 14A
Preliminary proxy
27 Feb 18
DEF 14A
Definitive proxy
9 Mar 17
Other
UPLOAD
Letter from SEC
28 Nov 16
CORRESP
Correspondence with SEC
26 Sep 16
UPLOAD
Letter from SEC
13 Sep 16
UPLOAD
Letter from SEC
8 Feb 16
CORRESP
Correspondence with SEC
7 Oct 15
UPLOAD
Letter from SEC
24 Sep 15
UPLOAD
Letter from SEC
10 Apr 14
CORRESP
Correspondence with SEC
5 Mar 14
UPLOAD
Letter from SEC
25 Feb 14
CORRESP
Correspondence with SEC
20 Feb 14
Ownership
4
POPULAR / CARLOS UNANUE ownership change
6 Jul 20
4
POPULAR / ROBERT CARRADY ownership change
6 Jul 20
4
POPULAR / Maria Luisa Ferre ownership change
6 Jul 20
4
POPULAR / Myrna Soto ownership change
6 Jul 20
4
POPULAR / III JOAQUIN E BACARDI ownership change
6 Jul 20
4
POPULAR / C KIM GOODWIN ownership change
6 Jul 20
4
POPULAR / ALEJANDRO M BALLESTER ownership change
6 Jul 20
4
POPULAR / JOHN W DIERCKSEN ownership change
6 Jul 20
4
POPULAR / RICHARD L CARRION ownership change
6 Jul 20
4
POPULAR / ROBERT CARRADY ownership change
13 May 20