Articles from Popular, Inc.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (“Popular” or the “Corporation”) (NASDAQBPOP) announced today that Ignacio Alvarez will retire effective June 30, 2025 after serving as Chief Executive Officer (“CEO”) since 2017. He will be succeeded by Javier D. Ferrer, currently President and Chief Operating Officer (“COO”).

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.70 per share on its outstanding common stock. The dividend will be payable on April 1, 2025 to shareholders of record at the close of business on March 18, 2025.

Popular, Inc. (NASDAQBPOP) announced today that it will participate in the upcoming RBC Capital Markets Global Financial Institutions Conference to be held in New York City on Wednesday March 5, 2025. Jorge J. Garcia, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 2:40 p.m. Eastern Time.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $177.8 million for the quarter ended December 31, 2024, compared to net income of $155.3 million for the quarter ended September 30, 2024.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2024, before the market opens on Tuesday, January 28, 2025.

Popular, Inc. (NASDAQBPOP) announced that Banco Popular de Puerto Rico has been recognized as “Bank of the Year Puerto Rico” by The Financial Times’ international banking magazine The Banker. This marks the twelfth time Popular has received this prestigious recognition.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.70 per share on its outstanding common stock. The dividend will be payable on January 2, 2025 to shareholders of record at the close of business on December 6, 2024.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $155.3 million for the quarter ended September 30, 2024, compared to net income of $177.8 million for the quarter ended June 30, 2024.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it expects to report its financial results for the third quarter ending September 30, 2024, before the market opens on Wednesday, October 23, 2024.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per share on its outstanding common stock. The dividend will be payable on October 1, 2024 to shareholders of record at the close of business on September 13, 2024.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $177.8 million for the quarter ended June 30, 2024, compared to net income of $103.3 million for the quarter ended March 31, 2024. Net income in the first quarter of 2024 included a $9.1 million after tax expenses arising from the impact of the FDIC special assessment (the “FDIC Special Assessment”) and a $22.9 million tax expense related to prior period intercompany distributions from the Corporation’s U.S. subsidiaries. Excluding the impact of these items from the results of the first quarter of 2024, net income increased by $42.6 million during the quarter ended June 30, 2024.

Popular, Inc. (the “Corporation”) (NASDAQBPOP) announced today the following capital actions:

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it expects to report its financial results for the second quarter ending June 30, 2024, before the market opens on Wednesday, July 24, 2024.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors appointed Javier D. Ferrer as President of Popular, Inc., in addition to his current role as Chief Operating Officer (“COO”), continuing to report directly to Ignacio Alvarez, Popular’s Chief Executive Officer (“CEO”). Ferrer was also named President of Popular, Inc.’s two banking subsidiaries, Banco Popular de Puerto Rico and Popular Bank. These appointments were effective May 9, 2024.

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per share on its outstanding common stock. The dividend will be payable on July 1, 2024 to shareholders of record at the close of business on May 30, 2024.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $103.3 million for the quarter ended March 31, 2024, compared to net income of $94.6 million for the quarter ended December 31, 2023. Excluding the after-tax impact during the first quarter of 2024 and the fourth quarter of 2023 of the FDIC Special Assessment and the $22.9 million tax expense due to prior period intercompany distributions during the first quarter of 2024, adjusted net income was $135.2 million and $139.9 million for Q1 2024 and Q4 2023, respectively.

Puerto Rico is a recognized global platform for musical talent, with a variety of rhythms and genres representing its cultural wealth. Rooted in that influence, Banco Popular announced a new campaign titled “We Follow Your Rhythm”. The Bank used the analogy of music to capture the diversity of its customers, the wide range of their banking preferences and the ways that Popular meets those banking needs.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2024, before the market opens on Tuesday, April 23, 2024.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it will participate in the upcoming RBC Capital Markets Financial Institutions Conference to be held in New York City on Tuesday March 5, 2024. Carlos J. Vázquez, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 4:00 p.m. Eastern Time.

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per share on its outstanding common stock. The dividend will be payable on April 1, 2024 to shareholders of record at the close of business on March 14, 2024.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $94.6 million for the quarter ended December 31, 2023, compared to net income of $136.6 million for the quarter ended September 30, 2023. Excluding the impact during the fourth quarter of the FDIC Special Assessment, adjusted net income was $139.9 million.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2023, before the market opens on Thursday, January 25, 2024.

Popular, Inc. (“Popular” or the “Corporation”) (NASDAQBPOP) announced today that Carlos J. Vázquez will retire effective March 31, 2024 after serving as Chief Financial Officer (“CFO”) since 2013, and in other senior leadership positions since joining Popular in 1997. He will be succeeded by Jorge J. García, currently Corporate Comptroller and Chief Accounting Officer.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced that Banco Popular de Puerto Rico (BPPR) was selected as “Bank of the Year Puerto Rico” by The Banker, The Financial Times’ international banking magazine. BPPR has received this prestigious recognition eleven times since the award’s inception in 1998.

Popular, Inc. (“Popular” or the “Corporation”) (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per share on its outstanding common stock. The dividend will be payable on January 2, 2024 to shareholders of record at the close of business on December 7, 2023.

Puerto Rico is known for its variety of musical sounds and its significant contribution to various genres heard worldwide. Salsa is one of those genres that has made a deep impact, where Puerto Ricans, along with Cubans and other Latinos, have been pivotal in its development. Sounds began to brew from New York City in the middle of the last century, leaving a musical imprint so profound that it continues to be of great importance to many countries today.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $136.6 million for the quarter ended September 30, 2023, including an after-tax goodwill impairment charge in our U.S. based equipment leasing subsidiary of $16.4 million, compared to net income of $151.2 million for the quarter ended June 30, 2023.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it expects to report its financial results for the third quarter ending September 30, 2023, before the market opens on Thursday, October 26, 2023.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on October 2, 2023 to shareholders of record at the close of business on September 8, 2023.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $151.2 million for the quarter ended June 30, 2023, compared to net income of $159.0 million for the quarter ended March 31, 2023.

Popular, Inc. (“Popular”) (NASDAQBPOP) announced today that it has delivered a redemption notice to The Bank of New York Mellon, as trustee, to redeem, on August 14, 2023 (the “Redemption Date”), all outstanding $300,000,000 aggregate principal amount of the 6.125% Senior Notes due 2023 (the “2023 Notes”) issued by Popular. The redemption price for the 2023 Notes will be a price equal to 100% of the principal amount of the 2023 Notes to be so redeemed, plus accrued and unpaid interest to the Redemption Date (the “Redemption Price”).

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it expects to report its financial results for the second quarter ending June 30, 2023, before the market opens on Wednesday, July 26, 2023.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on July 3, 2023 to shareholders of record at the close of business on June 1, 2023.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $159.0 million for the quarter ended March 31, 2023, compared to net income of $257.1 million for the quarter ended December 31, 2022. Excluding the effects of the partial release of $68.2 million of the deferred tax asset valuation allowance, the net income for the fourth quarter was $188.9 million.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2023, before the market opens on Wednesday, April 26, 2023.

Popular, Inc. (“Popular”) (NASDAQBPOP) announced today that it has agreed to sell an aggregate of $400,000,000 principal amount of its 7.25% Senior Notes due 2028 (the “Senior Notes”). Popular intends to use the net proceeds from the offering to redeem or repay in full the $300 million aggregate principal amount of its outstanding 6.125% Senior Notes due on September 14, 2023 (the “2023 Senior Notes”).

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on April 3, 2023 to shareholders of record at the close of business on March 20, 2023.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $257.1 million for the quarter ended December 31, 2022, compared to net income of $422.4 million for the quarter ended September 30, 2022. Excluding the effects of the partial release of $68.2 million of the deferred tax asset valuation allowance, the net income for the fourth quarter was $188.9 million. The net income for the third quarter was $195.8 million after excluding the impact of the completed Evertec Transactions (as defined below) and related accounting adjustments.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2022, before the market opens on Wednesday, January 25, 2023.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on January 3, 2023 to shareholders of record at the close of business on December 7, 2022.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQBPOP) reported net income of $422.4 million for the quarter ended September 30, 2022, compared to net income of $211.4 million for the quarter ended June 30, 2022. Excluding the effects of the previously announced Evertec Transactions completed during the third quarter, net income was $195.8 million

Fourth paragraph, end of second sentence of release dated Sept. 30, 2022 should read: ...available one hour after the end of the conference call through Thursday, November 24, 2022. (instead of ...available one hour after the end of the conference call through Thursday, August 25, 2022.).

Popular, Inc. (NASDAQBPOP) announced today that it will participate in the upcoming BancAnalysts Association of Boston (BAAB) Conference. Carlos J. Vázquez, Executive Vice President and Chief Financial Officer of Popular, Inc., is scheduled to speak on Friday, November 4, 2022 at 9:00 a.m. Eastern Time.

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (NASDAQBPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Popular, Inc. (“Popular” or the “Corporation”) (NASDAQBPOP) announced today that on August 24, 2022 it entered into an accelerated share repurchase agreement (the “ASR Agreement”) to repurchase an aggregate of $231 million of Popular’s common stock.