Popular (NASDAQ:BPOP) Announces Quarterly Earnings Results

Popular (NASDAQ:BPOP) issued its quarterly earnings results 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 business had revenue of $846.92 million for the quarter, compared to analyst estimates of $878.41 million. Popular had a net margin of 20.10% and a return on equity of 14.53%. During the same quarter in the prior year, the business posted $3.09 EPS.

Popular Stock Performance

NASDAQ BPOP traded down $2.41 on Thursday, reaching $171.48. 43,648 shares of the company’s stock traded hands, compared to its average volume of 541,116. The firm has a market cap of $11.07 billion, a price-to-earnings ratio of 12.69, a P/E/G ratio of 0.93 and a beta of 0.61. The stock has a 50 day moving average price of $159.83 and a 200-day moving average price of $145.56. Popular has a fifty-two week low of $108.74 and a fifty-two week high of $175.12.

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 issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Popular’s dividend payout ratio (DPR) is 22.16%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on BPOP shares. Wells Fargo & Company boosted their price objective on shares of Popular from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Weiss Ratings upgraded Popular from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, May 4th. Citigroup lifted their price target on Popular from $178.00 to $188.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Royal Bank Of Canada boosted their price target on Popular from $141.00 to $163.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, UBS Group increased their price objective on Popular from $160.00 to $170.00 and gave the company a “buy” rating in a report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Popular presently has an average rating of “Buy” and an average price target of $177.83.

Trending Headlines about Popular

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

Insider Buying and Selling at Popular

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 value of $920,762.00. Following the completion of the transaction, the executive vice president owned 11,255 shares of the company’s stock, valued at $1,671,480.05. The trade was a 35.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Alejandro M. Sanchez sold 300 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $150.36, for a total value of $45,108.00. Following the completion of the sale, the director owned 3,960 shares in the company, valued at $595,425.60. The trade was a 7.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 29,500 shares of company stock valued at $4,415,870. 2.13% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BPOP. Acumen Wealth Advisors LLC acquired a new stake in shares of Popular during the 4th quarter worth approximately $26,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Popular during the fourth quarter worth $28,000. Parallel Advisors LLC boosted its holdings in Popular by 70.8% during the fourth quarter. Parallel Advisors LLC now owns 246 shares of the bank’s stock worth $31,000 after buying an additional 102 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Popular during the 3rd quarter valued at about $31,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Popular in the fourth quarter valued at approximately $50,000. 87.27% of the stock is owned by institutional investors and hedge funds.

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.