Popular (BPOP) Projected to Post Quarterly Earnings on Wednesday

Popular (NASDAQ:BPOP) will likely be announcing its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $2.53 per share and revenue of $777.38 million for the quarter.

Popular (NASDAQ:BPOP) last posted its earnings results on Wednesday, April 23rd. The bank reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.30. Popular had a return on equity of 12.22% and a net margin of 15.82%. The company had revenue of $755.46 million for the quarter, compared to analyst estimates of $760.45 million. During the same period last year, the company earned $1.43 earnings per share. The business’s revenue was up 6.0% compared to the same quarter last year. On average, analysts expect Popular to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Popular Price Performance

NASDAQ BPOP opened at $111.30 on Wednesday. The firm has a market cap of $7.63 billion, a P/E ratio of 11.49, a price-to-earnings-growth ratio of 0.63 and a beta of 0.63. The stock’s 50-day moving average is $106.63 and its two-hundred day moving average is $98.99. Popular has a fifty-two week low of $78.23 and a fifty-two week high of $115.96.

Popular Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Thursday, May 29th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend was Thursday, May 29th. Popular’s dividend payout ratio is currently 28.90%.

Insider Activity at Popular

In other Popular news, EVP Camille Burckhart sold 7,000 shares of Popular stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $104.14, for a total transaction of $728,980.00. Following the completion of the sale, the executive vice president owned 27,382 shares of the company’s stock, valued at approximately $2,851,561.48. The trade was a 20.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Adorno Denissa Rodriguez sold 500 shares of Popular stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $104.43, for a total transaction of $52,215.00. Following the sale, the vice president directly owned 3,604 shares of the company’s stock, valued at $376,365.72. This represents a 12.18% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.23% of the company’s stock.

Institutional Trading of Popular

A number of institutional investors have recently bought and sold shares of BPOP. Goldman Sachs Group Inc. grew its holdings in shares of Popular by 60.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 223,530 shares of the bank’s stock valued at $20,647,000 after buying an additional 84,327 shares during the period. Royal Bank of Canada grew its holdings in shares of Popular by 23.1% in the 1st quarter. Royal Bank of Canada now owns 94,352 shares of the bank’s stock valued at $8,715,000 after buying an additional 17,729 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Popular in the 1st quarter valued at $257,000. Finally, Focus Partners Wealth acquired a new position in shares of Popular in the 1st quarter valued at $207,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Hovde Group raised their price target on Popular from $114.00 to $126.00 and gave the company an “outperform” rating in a research report on Wednesday, June 18th. Piper Sandler lifted their target price on Popular from $110.00 to $123.00 and gave the stock an “overweight” rating in a research report on Thursday, May 15th. UBS Group reissued a “neutral” rating on shares of Popular in a research report on Wednesday, July 9th. Wall Street Zen downgraded Popular from a “buy” rating to a “hold” rating in a research report on Friday, May 2nd. Finally, Keefe, Bruyette & Woods lifted their target price on Popular from $122.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday, April 24th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $123.29.

Popular Company Profile

Popular, Inc, through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and the British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit.