company background image
POPU

Banco PopularBVC:POPULAR Stock Report

Market Cap

Col$2.2t

7D

0%

1Y

0%

Updated

20 Oct, 2021

Data

Company Financials
POPULAR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

POPULAR Overview

Banco Popular S.A. provides various banking products and services to individual and corporate customers, and governments in Colombia.

Price History & Performance

Summary of all time highs, changes and price drops for Banco Popular
Historical stock prices
Current Share PriceCol$280.00
52 Week HighCol$280.00
52 Week LowCol$280.00
Beta0.028
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-38.87%
5 Year Change-42.74%
Change since IPO305.80%

Recent News & Updates

Shareholder Returns

POPULARCO BanksCO Market
7D0%0.7%0.8%
1Y0%16.8%23.6%

Return vs Industry: POPULAR underperformed the CO Banks industry which returned 17.2% over the past year.

Return vs Market: POPULAR underperformed the CO Market which returned 22.8% over the past year.

Price Volatility

Is POPULAR's price volatile compared to industry and market?
POPULAR volatility
POPULAR Beta0.028
Industry Beta0.75
Market Beta1

Stable Share Price: POPULAR is less volatile than 75% of CO stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: POPULAR's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19506,718Carlos Eduardo Upegui Cuartashttps://www.bancopopular.com.co

Banco Popular S.A. provides various banking products and services to individual and corporate customers, and governments in Colombia. The company offers savings and current accounts; CDT term deposits; housing financing, credit financing, overdraft, and remittance services; credit cards; cash management; payment and collection services; foreign trade products and services; protection and insurance; and investment and voluntary pension funds. It also provides collection and payment solution; and financial leasing services.

Banco Popular Fundamentals Summary

How do Banco Popular's earnings and revenue compare to its market cap?
POPULAR fundamental statistics
Market CapCol$2.16t
Earnings (TTM)Col$402.41b
Revenue (TTM)Col$1.76t

5.4x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
POPULAR income statement (TTM)
RevenueCol$1.76t
Cost of RevenueCol$22.03b
Gross ProfitCol$1.74t
ExpensesCol$1.34t
EarningsCol$402.41b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)52.09
Gross Margin98.75%
Net Profit Margin22.81%
Debt/Equity Ratio64.0%

How did POPULAR perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

32%

Payout Ratio

Does POPULAR pay a reliable dividends?

See POPULAR dividend history and benchmarks
When do you need to buy POPULAR by to receive an upcoming dividend?
Banco Popular dividend dates
Ex Dividend DateOct 26 2021
Dividend Pay DateNov 02 2021
Days until Ex dividend5 days
Days until Dividend pay date12 days

Does POPULAR pay a reliable dividends?

See POPULAR dividend history and benchmarks

Valuation

Is Banco Popular undervalued compared to its fair value and its price relative to the market?

5.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: POPULAR (COP280) is trading above our estimate of fair value (COP275.81)

Significantly Below Fair Value: POPULAR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: POPULAR is good value based on its PE Ratio (5.4x) compared to the CO Banks industry average (8.2x).

PE vs Market: POPULAR is good value based on its PE Ratio (5.4x) compared to the CO market (9.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate POPULAR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: POPULAR is good value based on its PB Ratio (0.7x) compared to the CO Banks industry average (0.9x).


Future Growth

How is Banco Popular forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.9%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Banco Popular has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Banco Popular performed over the past 5 years?

9.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: POPULAR has high quality earnings.

Growing Profit Margin: POPULAR's current net profit margins (22.8%) are higher than last year (19.2%).


Past Earnings Growth Analysis

Earnings Trend: POPULAR's earnings have grown by 9.8% per year over the past 5 years.

Accelerating Growth: POPULAR's earnings growth over the past year (40.6%) exceeds its 5-year average (9.8% per year).

Earnings vs Industry: POPULAR earnings growth over the past year (40.6%) exceeded the Banks industry 23.6%.


Return on Equity

High ROE: POPULAR's Return on Equity (12.4%) is considered low.


Financial Health

How is Banco Popular's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: POPULAR's Assets to Equity ratio (8.7x) is low.

Allowance for Bad Loans: POPULAR has a sufficient allowance for bad loans (294%).

Low Risk Liabilities: 85% of POPULAR's liabilities are made up of primarily low risk sources of funding.

Loan Level: POPULAR has an appropriate level of Loans to Assets ratio (74%).

Low Risk Deposits: POPULAR's Loans to Deposits ratio (98%) is appropriate.

Level of Bad Loans: POPULAR has an appropriate level of bad loans (1.7%).


Dividend

What is Banco Popular current dividend yield, its reliability and sustainability?

6.86%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 21 2021Ex Dividend DateOct 26 2021Dividend Pay DateNov 02 20217 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: POPULAR's dividend (6.86%) is higher than the bottom 25% of dividend payers in the CO market (2.79%).

High Dividend: POPULAR's dividend (6.86%) is low compared to the top 25% of dividend payers in the CO market (6.89%).


Stability and Growth of Payments

Stable Dividend: POPULAR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: POPULAR has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.6%), POPULAR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average board tenure


CEO

Carlos Eduardo Upegui Cuartas (59 yo)

no data

Tenure

Mr. Carlos Eduardo Upegui Cuartas is the President of Banco Popular S.A. since June 2014. Mr. Upegui Cuartas has been President of Banco Popular at Grupo Aval Acciones Y Valores S.A. since June 2014. Mr. U...


Board Members

Experienced Board: POPULAR's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco Popular S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Banco Popular S.A.
  • Ticker: POPULAR
  • Exchange: BVC
  • Founded: 1950
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: Col$2.163t
  • Shares outstanding: 7.73b
  • Website: https://www.bancopopular.com.co

Number of Employees


Location

  • Banco Popular S.A.
  • Calle 17 No. 7 - 43 Piso 4
  • Bogotá
  • Colombia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 23:00
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.