Education
About Us
Working with TipRanks
Follow Us
Popular Inc (BPOP)
NASDAQ:BPOP
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.51Last Year’s EPS
2.46Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 7.22%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance in terms of net interest income, loan and deposit growth, and improved credit quality. However, there were concerns about non-interest income decline and economic uncertainty due to tariff issues. Overall, the positive aspects of financial growth and stability outweighed the challenges.Company Guidance
During Popular Incorporated's First Quarter 2025 Earnings Call, several key financial metrics were highlighted. The company reported an increase in net interest income by $15 million, with the net interest margin expanding by five basis points to 3.4%, primarily due to lower deposit costs. Loan balances rose by $146 million, driven by growth in the Commercial and Construction segments, while deposit balances increased by $935 million across both banks. The quarter also saw a $122 million share repurchase at an average price of $96 per share, contributing to a tangible book value per share increase by nearly $4 to approximately $72. Credit quality improved, evidenced by lower net charge-offs and early delinquency, and non-interest income was reported at $152 million, slightly below guidance due to variances in fair value adjustments. Operating expenses increased slightly to $471 million, with a stable effective tax rate of 20%. The company maintains a strong CET1 ratio of 16.1% and aims for a return on tangible common equity of at least 12% by the fourth quarter of 2025.Net Interest Income and Margin Expansion
Net interest income increased by $15 million, and the net interest margin expanded by five basis points to 3.4%, driven by lower deposit costs.
Strong Loan and Deposit Growth
Loan balances increased by $146 million, and deposit balances grew by $935 million, with contributions from both banks.
Improved Credit Quality
Credit quality improved with lower net charge-offs and early delinquencies, and non-performing loans decreased significantly.
Share Repurchase Program
Repurchased $122 million in shares at an average price of $96 per share, progressing on the $500 million authorization.
Tourism and Hospitality Sector Growth
Passenger traffic at San Juan International Airport increased by 11%, and the hotel occupancy rate exceeded 75%.
---
BPOP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
BPOP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | $89.48 | $94.79 | +5.93% |
| Jan 28, 2025 | $102.97 | $101.67 | -1.26% |
| Oct 23, 2024 | $98.46 | $88.41 | -10.21% |
| Jul 24, 2024 | $100.80 | $97.28 | -3.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Popular Inc (BPOP) report earnings?
Popular Inc (BPOP) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Popular Inc (BPOP) earnings time?
Popular Inc (BPOP) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BPOP EPS forecast?
BPOP EPS forecast for the fiscal quarter 2025 (Q2) is 2.51.
---