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 percentage19.6%
CEO tenure7.5yrs
CEO ownership0.4%
Management average tenure8.3yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

Popular Isn't Worthy Of An Upgrade Just Yet

Dec 26

Popular (NASDAQ:BPOP) Has Announced That It Will Be Increasing Its Dividend To $0.70

Dec 02
Popular (NASDAQ:BPOP) Has Announced That It Will Be Increasing Its Dividend To $0.70

Popular: Maintaining A Cautious Stance

Sep 30

Popular Is At Risk Of Becoming Too Popular

May 28

Popular: Downgrading To Hold, Top-Line Growth To Boost Earnings

Feb 28

Popular enters into $231M accelerated share repurchase agreement

Aug 25

Popular declares $0.55 dividend

Aug 17

Evertec stock dips on secondary stock offering priced at $32.00

Aug 11

Popular: Attractively Valued But Earnings Likely To Dip

Aug 04

Popular Q2 2022 Earnings Preview

Jul 27

Popular declares $0.1328 dividend on preferred stock

Jul 01

Popular Inc. Is Attractively Valued And Situated In A Steadily Improving Local Environment

May 14

CEO Compensation Analysis

How has Ignacio Alvarez's remuneration changed compared to Popular's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$530m

Jun 30 2024n/an/a

US$511m

Mar 31 2024n/an/a

US$484m

Dec 31 2023US$6mUS$1m

US$540m

Sep 30 2023n/an/a

US$702m

Jun 30 2023n/an/a

US$988m

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$6mUS$1m

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$876m

Mar 31 2022n/an/a

US$883m

Dec 31 2021US$5mUS$1m

US$933m

Sep 30 2021n/an/a

US$904m

Jun 30 2021n/an/a

US$824m

Mar 31 2021n/an/a

US$734m

Dec 31 2020US$5mUS$1m

US$505m

Sep 30 2020n/an/a

US$495m

Jun 30 2020n/an/a

US$491m

Mar 31 2020n/an/a

US$534m

Dec 31 2019US$5mUS$1m

US$667m

Sep 30 2019n/an/a

US$607m

Jun 30 2019n/an/a

US$582m

Mar 31 2019n/an/a

US$691m

Dec 31 2018US$4mUS$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

NamePositionTenureCompensationOwnership
Ignacio Alvarez
CEO & Director7.5yrsUS$5.77m0.39%
$ 25.9m
Javier Ferrer-Fernández
President10.3yrsUS$2.59m0.11%
$ 7.4m
Lidio Soriano
Executive VP & Chief Risk Officer of Corporate Risk Management Group13.4yrsUS$1.55m0.13%
$ 8.9m
Manuel Chinea
Executive VP & COO of Popular Bank9yrsUS$1.46m0.038%
$ 2.5m
Jorge García
Executive VP & CFOless than a yearno data0.019%
$ 1.2m
Denissa M. Adorno
Corporate Comptroller & Chief Accounting Officerless than a yearno data0.0047%
$ 313.2k
Camille Burckhart
Executive VP and Chief Information & Digital Strategy Officer of Innovation9.5yrsno data0.042%
$ 2.8m
Eduardo Negron
Executive VP & Chief Administration Officer - Administration Group14.1yrsUS$401.13k0.059%
$ 3.9m
Paul Cardillo
Senior VP & Investor Relations Officer6.2yrsno datano data
Jose Coleman-Tio
Executive VP3yrsno data0.019%
$ 1.2m
Maria Gonzalez Noguera
Executive VP and Chief Communications & Public Affairs Officer3.8yrsno data0.014%
$ 945.0k
Eli Sepulveda
Executive Vice President of Commercial Credit Group of Banco Popular de Puerto Rico15.1yrsUS$1.33m0.057%
$ 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

NamePositionTenureCompensationOwnership
Ignacio Alvarez
CEO & Director7.5yrsUS$5.77m0.39%
$ 25.9m
Richard Carrion
Non-Executive Chairman of the Board34yrsUS$373.37k0.31%
$ 20.5m
Alejandro Sanchez
Independent Director1.7yrsUS$200.00k0.0049%
$ 330.0k
C. Goodwin
Independent Director13.8yrsUS$254.17k0.060%
$ 4.0m
John Diercksen
Independent Lead Director12yrsUS$302.15k0.036%
$ 2.4m
Maria Luisa Rangel
Independent Director20.8yrsUS$244.17k0.051%
$ 3.4m
Betty DeVita
Independent Director3.6yrsUS$209.75kno data
Alejandro Ballester
Independent Director15yrsUS$244.17k0.083%
$ 5.6m
Carlos Unanue
Independent Director15yrsUS$238.59k0.19%
$ 12.5m
Robert Carrady
Independent Director6yrsUS$238.59k0.0084%
$ 562.1k
Myrna Soto
Independent Director6.5yrsUS$234.82k0.0046%
$ 305.8k
Jose Rodriguez
Independent Director3.6yrsUS$215.43kno 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

DataLast Updated (UTC time)
Company Analysis2025/01/02 01:59
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

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.

AnalystInstitution
Jared ShawBarclays
Brandon BermanBofA Global Research
Joseph GladueB. Riley Securities, Inc.