Popular, Inc. is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Popular's principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands. Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida.

Company profile
Ticker
BPOP, BPOPO, BPOPM
Exchange
Website
CEO
Ignacio Alvarez
Employees
Location
Fiscal year end
Sector
Industry (SIC)
Former names
BANPONCE CORP, POPULAR INC
SEC CIK
Corporate docs
Subsidiaries
Popular Auto LLC • PR Rent-to-Own LLC • Popular Community Capital, LLC • Popular Mezzanine Fund LLC • Popular Center Holdings LLC • Popular Insurance LLC • Popular Securities LLC • Popular Risk Services LLC • Popular Impact Fund LLC • Popular Asset Management LLC ...
IRS number
660667416
BPOP stock data
News
EVERTEC Priced ~6.26M Share Secondary Offering of Common Stock @$32/Share
11 Aug 22
EVERTEC Announces Secondary Offering of Common Stock Of ~6.335M Shares Of Common Stock; Stock Being Sold By Popular, Inc.
10 Aug 22
Popular: Q2 Earnings Insights
28 Jul 22
Popular Q2 EPS $2.77 Misses $2.83 Estimate, Sales $533.86M Beat $509.11M Estimate
28 Jul 22
Earnings Scheduled For July 28, 2022
28 Jul 22
Press releases
Popular Sells Shares of EVERTEC in Secondary Public Offering and in Private Sale to EVERTEC
15 Aug 22
EVERTEC Announces Pricing of Secondary Offering of Common Stock
10 Aug 22
EVERTEC Announces Secondary Offering of Common Stock
10 Aug 22
EVERTEC Closes Popular Transaction and BBR Acquisition
1 Jul 22
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
1 Jul 22
Calendar
8 Aug 22
16 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 535.38M | 535.38M | 535.38M | 535.38M | 535.38M | 535.38M |
Cash burn (monthly) | (no burn) | 122.42K | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 192.17K | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 535.18M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 4371.8 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Aug 22 | Popular | Common Stock | Sell | Dispose S | No | No | 31.12 | 803,341 | 25M | 0 |
15 Aug 22 | Popular | Common Stock | Sell | Dispose S | No | No | 31.12 | 6,262,293 | 194.88M | 803,341 |
5 Aug 22 | Eli Sepulveda | Common Stock Par Value $0.01 per share | Sell | Dispose S | No | No | 76.1 | 5,000 | 380.5K | 44,254.809 |
30 Jul 22 | Beatriz Castellvi | Common Stock Par Value $0.01 per share | Payment of exercise | Dispose F | No | No | 77.67 | 324 | 25.17K | 19,137.298 |
1 Jul 22 | Popular | Common Stock | Other | Dispose J | No | No | 10.86 | 4,589,169 | 49.84M | 7,065,634 |
1 Jul 22 | Bacardi Iii Joaquin E | RSU Common Stock Par Value $0.01 per share | Grant | Acquire A | No | No | 0 | 68 | 0 | 9,434 |
Institutional ownership, Q1 2022
89.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 339 |
Opened positions | 48 |
Closed positions | 39 |
Increased positions | 128 |
Reduced positions | 106 |
13F shares | Current |
---|---|
Total value | 5.48B |
Total shares | 67.08M |
Total puts | 89.2K |
Total calls | 219.8K |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 7.58M | $619.67M |
TROW T. Rowe Price | 5.28M | $431.21M |
Dimensional Fund Advisors | 4.09M | $334.03M |
Wellington Management | 3.91M | $319.97M |
BLK Blackrock | 3.54M | $289.53M |
Polaris Capital Management | 3.29M | $268.87M |
STT State Street | 2.65M | $218.54M |
AMP Ameriprise Financial | 2.28M | $186.3M |
Hotchkis & Wiley Capital Management | 1.67M | $136.74M |
Millennium Management | 1.32M | $107.84M |
Content analysis
?Positive | ||
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Litigous | ||
Readability |
H.S. junior Bad
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Financial reports
Current reports
8-K
Popular Sells Shares of EVERTEC in Secondary Public Offering and Cautionary Note Regarding Forward-Looking Statements
15 Aug 22
8-K
Popular, Inc. Announces Second Quarter 2022 Financial Results
28 Jul 22
8-K
Entry into a Material Definitive Agreement
1 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
16 May 22
8-K
Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share
12 May 22
8-K
Popular, Inc. Announces First Quarter 2022 Financial Results
26 Apr 22
8-K
Popular Announces Entry into $400 Million Accelerated Share Repurchase Agreement
1 Mar 22
8-K
Entry into a Material Definitive Agreement
24 Feb 22
8-K
Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share
23 Feb 22
8-K
Departure of Directors or Certain Officers
23 Feb 22
Registration and prospectus
25-NSE
Exchange delisting
29 Oct 21
S-3ASR
Automatic shelf registration
21 Jun 21
S-3ASR
Automatic shelf registration
21 Jun 21
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
12 Sep 18
424B2
Prospectus for primary offering
10 Sep 18
FWP
Free writing prospectus
10 Sep 18
S-3ASR
Automatic shelf registration
19 Jun 18
Proxies
DEFA14A
Additional proxy soliciting materials
30 Mar 22
DEFA14A
Additional proxy soliciting materials
25 Mar 21
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
Other
UPLOAD
Letter from SEC
27 Nov 16
CORRESP
Correspondence with SEC
25 Sep 16
UPLOAD
Letter from SEC
12 Sep 16
UPLOAD
Letter from SEC
7 Feb 16
CORRESP
Correspondence with SEC
6 Oct 15
UPLOAD
Letter from SEC
23 Sep 15
UPLOAD
Letter from SEC
9 Apr 14
CORRESP
Correspondence with SEC
4 Mar 14
UPLOAD
Letter from SEC
24 Feb 14
CORRESP
Correspondence with SEC
19 Feb 14
Ownership
4
Change in insider ownership
15 Aug 22
SC 13G/A
EVERTEC / POPULAR ownership change
15 Aug 22
4
POPULAR / ELI SEPULVEDA ownership change
8 Aug 22
4
POPULAR / Beatriz Castellvi ownership change
2 Aug 22
4/A
Change in insider ownership (amended)
1 Aug 22
4
POPULAR / C KIM GOODWIN ownership change
6 Jul 22
4/A
POPULAR / C KIM GOODWIN ownership change
6 Jul 22
4
POPULAR / CARLOS UNANUE ownership change
6 Jul 22
4
POPULAR / Myrna Soto ownership change
6 Jul 22
4
POPULAR / Jose Ramon Rodriguez ownership change
6 Jul 22
Transcripts
2022 Q2
Earnings call transcript
30 Jul 22
2022 Q1
Earnings call transcript
26 Apr 22
2021 Q4
Earnings call transcript
27 Jan 22
2021 Q3
Earnings call transcript
20 Oct 21
2021 Q2
Earnings call transcript
22 Jul 21
2021 Q1
Earnings call transcript
28 Apr 21
2020 Q4
Earnings call transcript
28 Jan 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
23 Jul 20
2020 Q1
Earnings call transcript
1 May 20
Reddit threads
Daily Discussion Thread - July 28th, 2022
28 Jul 22
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
Help me explain this. Why is BPOP down -60% after hours?
19 Jul 22
Picks for 2022-06-08
8 Jun 22
[Weekly Megathread] Markets and Value Stock Ideas, Week of June 06, 2022
6 Jun 22
Daily Discussion Thread - June 1st, 2022
1 Jun 22
Rate My Portfolio - r/Stocks Quarterly Thread June 2022
1 Jun 22
Daily Discussion Thread - May 31st, 2022
31 May 22