Popular (NASDAQ:BPOP) Issues Earnings Results, Beats Expectations By $0.63 EPS

Popular (NASDAQ:BPOP) posted its quarterly earnings data on Thursday. The bank reported $4.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.72 by $0.63, FiscalAI reports. The company had revenue of $846.92 million during the quarter, compared to analysts’ expectations of $878.41 million. Popular had a return on equity of 14.53% and a net margin of 20.10%.During the same quarter in the previous year, the business earned $3.09 EPS.

Popular Price Performance

Shares of NASDAQ:BPOP opened at $171.45 on Thursday. The business’s 50-day moving average is $159.83 and its 200 day moving average is $145.56. Popular has a 1 year low of $108.74 and a 1 year high of $175.12. The firm has a market capitalization of $11.07 billion, a P/E ratio of 12.74, a P/E/G ratio of 0.93 and a beta of 0.61.

Popular Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, May 29th were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Popular’s dividend payout ratio is currently 22.16%.

Insiders Place Their Bets

In other news, EVP Maria Cristin Gonzalez-Noguera sold 6,200 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $148.51, for a total transaction of $920,762.00. Following the sale, the executive vice president owned 11,255 shares in the company, valued at approximately $1,671,480.05. The trade was a 35.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alejandro M. Ballester sold 23,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $150.00, for a total transaction of $3,450,000.00. Following the transaction, the director owned 34,588 shares in the company, valued at approximately $5,188,200. This trade represents a 39.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 29,500 shares of company stock valued at $4,415,870. 2.13% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BPOP. Acumen Wealth Advisors LLC acquired a new position in shares of Popular in the 4th quarter valued at $26,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Popular in the fourth quarter worth about $28,000. Parallel Advisors LLC lifted its holdings in shares of Popular by 70.8% during the fourth quarter. Parallel Advisors LLC now owns 246 shares of the bank’s stock worth $31,000 after purchasing an additional 102 shares during the period. Advisory Services Network LLC purchased a new stake in Popular in the third quarter valued at approximately $31,000. Finally, Atlas Capital Advisors Inc. acquired a new position in Popular in the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Analysts Set New Price Targets

BPOP has been the topic of a number of recent research reports. Barclays increased their price target on Popular from $180.00 to $185.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Truist Financial raised their price target on shares of Popular from $172.00 to $192.00 and gave the company a “buy” rating in a report on Monday, July 13th. Benchmark initiated coverage on shares of Popular in a research report on Wednesday, July 15th. They issued a “buy” rating and a $201.00 price objective on the stock. Wells Fargo & Company boosted their price objective on shares of Popular from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Popular from $155.00 to $177.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $177.83.

Key Popular News

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Popular reported second-quarter 2026 net income of $278 million, up 13% from a year ago, and EPS of $4.35, which beat Wall Street’s estimate of $3.72. The earnings beat suggests stronger-than-expected profitability for Popular, Inc. (BPOP).
• Positive Sentiment: The company announced capital actions that include a higher quarterly common stock dividend and a new share buyback program, both of which are typically viewed as signals of confidence in balance-sheet strength and future cash generation. Popular Announces Capital Actions
• Positive Sentiment: Popular also disclosed a leadership transition, with CEO Javier D. Ferrer set to retire and a succession plan in place. Because the transition is being managed alongside strong results and capital returns, it may be seen as orderly rather than disruptive. Popular unveils capital plan and leadership transition
• Neutral Sentiment: Revenue came in below analyst expectations at $846.92 million versus the $878.41 million consensus, which slightly tempers the headline earnings beat. Popular: Q2 Earnings Snapshot
• Negative Sentiment: The CEO retirement introduces some execution risk, even though the company has framed it as a planned transition. Popular Announces CEO Retirement and Leadership Transition

About Popular

Popular, Inc, headquartered in San Juan, Puerto Rico, is a financial holding company and a leading provider of banking services in the United States mainland and Puerto Rico. Through its primary subsidiaries—Banco Popular de Puerto Rico and Popular Bank—the company delivers comprehensive commercial and consumer banking solutions. It offers deposit products, lending facilities, cash management services and payment-processing solutions designed for individuals, small businesses and large corporations.

The company’s product suite encompasses checking and savings accounts, certificates of deposit, residential and commercial mortgage loans, business lines of credit and credit cards.