Popular Management
Management criteria checks 4/4
Popular's CEO is Ignacio Alvarez, appointed in Jul 2017, has a tenure of 7.5 years. total yearly compensation is $5.77M, comprised of 19.6% salary and 80.4% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth $25.95M. The average tenure of the management team and the board of directors is 8.3 years and 9.8 years respectively.
Key information
Ignacio Alvarez
Chief executive officer
US$5.8m
Total compensation
CEO salary percentage | 19.6% |
CEO tenure | 7.5yrs |
CEO ownership | 0.4% |
Management average tenure | 8.3yrs |
Board average tenure | 9.8yrs |
Recent management updates
Recent updates
Popular Isn't Worthy Of An Upgrade Just Yet
Dec 26Popular (NASDAQ:BPOP) Has Announced That It Will Be Increasing Its Dividend To $0.70
Dec 02Popular: Maintaining A Cautious Stance
Sep 30Popular Is At Risk Of Becoming Too Popular
May 28Popular: Downgrading To Hold, Top-Line Growth To Boost Earnings
Feb 28Popular enters into $231M accelerated share repurchase agreement
Aug 25Popular declares $0.55 dividend
Aug 17Evertec stock dips on secondary stock offering priced at $32.00
Aug 11Popular: Attractively Valued But Earnings Likely To Dip
Aug 04Popular Q2 2022 Earnings Preview
Jul 27Popular declares $0.1328 dividend on preferred stock
Jul 01Popular Inc. Is Attractively Valued And Situated In A Steadily Improving Local Environment
May 14CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | US$530m |
Jun 30 2024 | n/a | n/a | US$511m |
Mar 31 2024 | n/a | n/a | US$484m |
Dec 31 2023 | US$6m | US$1m | US$540m |
Sep 30 2023 | n/a | n/a | US$702m |
Jun 30 2023 | n/a | n/a | US$988m |
Mar 31 2023 | n/a | n/a | US$1b |
Dec 31 2022 | US$6m | US$1m | US$1b |
Sep 30 2022 | n/a | n/a | US$1b |
Jun 30 2022 | n/a | n/a | US$876m |
Mar 31 2022 | n/a | n/a | US$883m |
Dec 31 2021 | US$5m | US$1m | US$933m |
Sep 30 2021 | n/a | n/a | US$904m |
Jun 30 2021 | n/a | n/a | US$824m |
Mar 31 2021 | n/a | n/a | US$734m |
Dec 31 2020 | US$5m | US$1m | US$505m |
Sep 30 2020 | n/a | n/a | US$495m |
Jun 30 2020 | n/a | n/a | US$491m |
Mar 31 2020 | n/a | n/a | US$534m |
Dec 31 2019 | US$5m | US$1m | US$667m |
Sep 30 2019 | n/a | n/a | US$607m |
Jun 30 2019 | n/a | n/a | US$582m |
Mar 31 2019 | n/a | n/a | US$691m |
Dec 31 2018 | US$4m | US$1m | US$614m |
Compensation vs Market: Ignacio's total compensation ($USD5.77M) is about average for companies of similar size in the US market ($USD7.89M).
Compensation vs Earnings: Ignacio's compensation has been consistent with company performance over the past year.
CEO
Ignacio Alvarez (66 yo)
7.5yrs
Tenure
US$5,768,444
Compensation
Mr. Ignacio Alvarez, Esq., had been the President of Popular, Inc., since October 1, 2014 until May 09, 2024 and serves as its Chief Executive Officer and Director since July 1, 2017. Mr. Alvarez has been...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 7.5yrs | US$5.77m | 0.39% $ 25.9m | |
President | 10.3yrs | US$2.59m | 0.11% $ 7.4m | |
Executive VP & Chief Risk Officer of Corporate Risk Management Group | 13.4yrs | US$1.55m | 0.13% $ 8.9m | |
Executive VP & COO of Popular Bank | 9yrs | US$1.46m | 0.038% $ 2.5m | |
Executive VP & CFO | less than a year | no data | 0.019% $ 1.2m | |
Corporate Comptroller & Chief Accounting Officer | less than a year | no data | 0.0047% $ 313.2k | |
Executive VP and Chief Information & Digital Strategy Officer of Innovation | 9.5yrs | no data | 0.042% $ 2.8m | |
Executive VP & Chief Administration Officer - Administration Group | 14.1yrs | US$401.13k | 0.059% $ 3.9m | |
Senior VP & Investor Relations Officer | 6.2yrs | no data | no data | |
Executive VP | 3yrs | no data | 0.019% $ 1.2m | |
Executive VP and Chief Communications & Public Affairs Officer | 3.8yrs | no data | 0.014% $ 945.0k | |
Executive Vice President of Commercial Credit Group of Banco Popular de Puerto Rico | 15.1yrs | US$1.33m | 0.057% $ 3.8m |
8.3yrs
Average Tenure
58yo
Average Age
Experienced Management: BPOP's management team is seasoned and experienced (8.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 7.5yrs | US$5.77m | 0.39% $ 25.9m | |
Non-Executive Chairman of the Board | 34yrs | US$373.37k | 0.31% $ 20.5m | |
Independent Director | 1.7yrs | US$200.00k | 0.0049% $ 330.0k | |
Independent Director | 13.8yrs | US$254.17k | 0.060% $ 4.0m | |
Independent Lead Director | 12yrs | US$302.15k | 0.036% $ 2.4m | |
Independent Director | 20.8yrs | US$244.17k | 0.051% $ 3.4m | |
Independent Director | 3.6yrs | US$209.75k | no data | |
Independent Director | 15yrs | US$244.17k | 0.083% $ 5.6m | |
Independent Director | 15yrs | US$238.59k | 0.19% $ 12.5m | |
Independent Director | 6yrs | US$238.59k | 0.0084% $ 562.1k | |
Independent Director | 6.5yrs | US$234.82k | 0.0046% $ 305.8k | |
Independent Director | 3.6yrs | US$215.43k | no data |
9.8yrs
Average Tenure
65yo
Average Age
Experienced Board: BPOP's board of directors are considered experienced (9.8 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/02 01:59 |
End of Day Share Price | 2025/01/02 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Popular, Inc. is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Jared Shaw | Barclays |
Brandon Berman | BofA Global Research |
Joseph Gladue | B. Riley Securities, Inc. |