12 best CD accounts to open in April 2024 [CBS News]
Popular, Inc. (BPOP)
Last popular, inc. earnings: 4/30 08:00 am
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US:NASDAQ Investor Relations:
popular.com/en/investor-relations
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Source: CBS News
After all, the high interest rate environment gives you more opportunities to earn a meaningful return on your idle cash. And certificates of deposit (CDs) are a compelling way to do so. But today's high rates won't last forever. Interest rates typically rise and fall in response to macroeconomic changes. One of the biggest economic drivers of interest is inflation . In fact, today's high rates are the product of the Federal Reserve's response to high COVID-era inflation - inflation that has, since, cooled. Though the inflation rate hasn't yet fallen to the Federal Reserve's 2% goal, that figure came in at 3.2% in February ; a significant improvement over the 9.1% rate seen in June of 2022 shortly following the Federal Reserve's first rate hikes. As such, most experts expect that the Fed will start cutting rates later this year Fortunately, CDs allow you to lock in today's high interest rates for the entire term of your account. But as with any savings vehicle, it's important
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News
- Are You Looking for a High-Growth Dividend Stock? [Yahoo! Finance]Yahoo! Finance
- Popular, Inc. (NASDAQ: BPOP) had its price target raised by analysts at Barclays PLC from $99.00 to $105.00. They now have an "overweight" rating on the stock.MarketBeat
- Popular, Inc. (NASDAQ: BPOP) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $110.00 price target on the stock, up previously from $103.00.MarketBeat
- Popular, Inc. (NASDAQ: BPOP) had its price target raised by analysts at Wells Fargo & Company from $105.00 to $115.00. They now have an "overweight" rating on the stock.MarketBeat
- Popular, Inc. (NASDAQ:BPOP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
BPOP
Earnings
- 4/23/24 - Miss
BPOP
Sec Filings
- 4/23/24 - Form 8-K
- 4/8/24 - Form 3
- 4/3/24 - Form 4
- BPOP's page on the SEC website