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Stock impact report

Popular CEO: Puerto Rico Economy Shows “Momentum” as Bank Eyes Loan Growth and Capital Returns [Yahoo! Finance]

Popular, Inc. (BPOP) 
Last popular, inc. earnings: 4/30 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: popular.com/en/investor-relations
Company Research Source: Yahoo! Finance
construction, hospitality and manufacturing, plus rising labor participation and onshoring activity — trends the bank expects to support loan growth. Management maintains a conservative capital posture shaped by past shocks but will return excess capital via share repurchases (about $150 million a quarter ) and dividend increases while exploring capital-stack optimization. Popular is open to targeted M&A (FDIC-assisted deals, portfolio buys) but not large whole-bank deals, and it holds roughly $18–$20 billion of Puerto Rico government deposits across ~2,000 accounts whose timing is hard to forecast amid reconstruction and PREPA developments. Interested in Popular, Inc.? Here are five stocks we like better. Trending Stocks: How to Spot, Trade, and Profit Safely Popular (NASDAQ:BPOP) CEO Javier D. Ferrer said the Puerto Rico economy continues to show “momentum” and described a broad-based recovery that the bank expects to support loan growth and ongoing profitability initiativ Show less Read more
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