Popular Management
Management criteria checks 3/4
Popular's CEO is Javier Ferrer-Fernández, appointed in Oct 2014, has a tenure of 11.75 years. total yearly compensation is $4.83M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth $19.62M. The average tenure of the management team and the board of directors is 8 years and 7.5 years respectively.
Key information
Javier Ferrer-Fernández
Chief executive officer
US$4.8m
Total compensation
| CEO salary percentage | 18.94% |
| CEO tenure | 11.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 8yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Narrative Update • Jun 24
BPOP: Higher P/E Expectations And Execution Should Support Balanced Risk Reward Ahead
Analysts have lifted their average price targets on Popular by a range of about $8 to $22, citing updated views on the bank's earnings power and risk profile. Analyst Commentary Recent research on Popular clusters around a series of price target changes and one rating upgrade, giving you a clearer view of how professionals are weighing the bank's valuation, execution, and growth potential.Narrative Update • Jun 06
BPOP: Higher P E Expectations And Q1 Execution Should Support Future Profitability
Analysts have raised their average price target on Popular by $22, citing updated assumptions regarding the stock's future P/E multiple and recent rounds of upward revisions across several firms. Analyst Commentary Recent research shows a cluster of price target changes and at least one rating upgrade on Popular, giving you a clearer view of how the Street is thinking about the stock right now.Narrative Update • May 09
BPOP: Normalized Yield Curve And Higher Conviction Should Support Future Profitability
Analysts have raised the implied fair value for Popular by about $11 to $171.22, citing updated price targets across several firms and slightly higher assumptions for revenue growth and profitability. Analyst Commentary Bullish analysts have been lifting their price targets on Popular in recent weeks, with several firms adjusting their models and signaling stronger conviction in the stock's risk and reward profile.Seeking Alpha • Apr 30
Popular, Inc.: A Strong Bank, But Not A Cheap Stock Anymore
Summary Popular, Inc. delivered strong Q1 results, with net income up 48% and EPS at $3.78, surpassing forecasts. BPOP maintains market leadership in Puerto Rico, driving superior ROE (15.46%) and operational efficiency, justifying its valuation premium. Valuation is moderate at 11.1x P/E, but upside is limited as shares already reflect operational strength and dominant market position. Key risks include high Puerto Rico concentration, slowing loan growth, and sensitivity to interest rate changes, capping re-rating potential. Read the full article on Seeking AlphaNarrative Update • Apr 23
BPOP: Normalized Yield Curve And Mixed Ratings Should Shape Future Profitability
Analysts now see Popular's fair value at about $160, trimming roughly $2 from prior estimates as they factor in a slightly lower future P/E multiple, despite generally supportive recent rating and price target updates across the Street. Analyst Commentary Recent research activity on Popular has centered on price target revisions, rating upgrades and updated views on profitability.Narrative Update • Apr 07
BPOP: Normalized Yield Curve And Execution Should Support Future Profitability
Narrative Update on Popular The analyst fair value estimate for Popular has shifted from $157.00 to $161.60, as analysts factor in slightly higher modeled revenue growth and a modestly higher future P/E multiple, supported by a series of recent price target increases and upgrades across major firms, even as one house trimmed its target by $5. Analyst Commentary Recent Street research on Popular shows a cluster of target price increases, fresh coverage initiations, and a few rating upgrades, alongside one modest target reduction.Narrative Update • Mar 22
BPOP: Normalized Yield Curve And Buybacks Will Support Future Profitability
Analysts have raised their average price target for Popular to $170 from $161, citing what they describe as a solid profitability outlook for regional banks, with a more normalized yield curve now in play. Analyst Commentary Recent Street research on Popular clusters around higher price targets and upgrades, with analysts pointing to profitability and the broader regional and mid cap bank setup as key inputs.Narrative Update • Mar 05
BPOP: Normalized Yield Curve And Buybacks Will Support Profitability Outlook
The analyst price target for Popular in our model has increased from $156.10 to $157.00, reflecting a series of recent target hikes across the Street as analysts cite a solid profitability outlook for regional banks and a more normalized yield curve. Analyst Commentary Across recent research updates, analysts are broadly positive on Popular, with several higher price targets and rating changes pointing to improving confidence in the regional and mid cap bank group.Narrative Update • Feb 19
BPOP: Steeper Yield Curve And Buybacks Are Expected To Support Balanced Prospects
The analyst price target for Popular has been raised by about $1 to $156.10, as analysts factor in slightly higher long run profit margins and a modestly higher future P/E multiple following a series of recent target increases and rating updates across the Street. Analyst Commentary Recent Street research around Popular has been active, with several firms updating their views and adjusting price targets.Narrative Update • Feb 04
BPOP: Steeper Yield Curve And Buybacks Are Expected To Support Balanced Upside Risks
Analysts have lifted their fair value estimate for Popular by about $10, to $155.50 from $145.70, reflecting recent price target increases and supportive commentary from several research firms on the mid cap bank group. Analyst Commentary Recent Street research on Popular has been active, with several firms adjusting price targets and ratings across the mid cap bank group.Narrative Update • Jan 21
BPOP: Steeper Yield Curve And Buybacks Are Expected To Support Margins
Analysts have nudged their fair value estimate for Popular higher to about $145.70 from roughly $143.33, reflecting updated views on revenue growth, profit margins and forward P/E after recent price target increases and fresh coverage from the Street. Analyst Commentary Recent Street commentary around Popular focuses on how the bank could perform relative to other mid cap peers as sector conditions evolve, as well as what that might mean for valuation and execution risk.Narrative Update • Jan 07
BPOP: Future Buybacks And Steeper Yield Curve Will Support Margin Resilience
Analysts have inched their fair value estimate for Popular higher to about $143.33 from roughly $143.11, pointing to slightly stronger long term revenue growth, a modestly higher profit margin outlook, and a marginally lower future P/E, supported by recent Street commentary that highlights improving loan growth, a steeper yield curve, and solid credit conditions for mid cap banks. Analyst Commentary Recent Street research on Popular gives you a mixed but useful read on how the mid cap bank setup could influence the stock’s valuation and execution risk over the next couple of years.Narrative Update • Dec 21
BPOP: Future Buybacks Will Support Earnings And Margin Resilience
Analysts have modestly raised their price target on Popular, citing fine tuned assumptions for the discount rate, long term margin profile, and future earnings multiples that support a slightly higher valuation despite largely unchanged fair value estimates. What's in the News Popular, Inc.Narrative Update • Dec 06
BPOP: Share Repurchases Will Support Future Earnings Momentum
Analysts have modestly raised their average 12 month price target for Popular, Inc., citing a steady fair value estimate of $143.11, along with unchanged assumptions for growth, profitability, and valuation multiples that reinforce confidence in the bank's long term earnings power. What's in the News Popular reported unaudited net charge offs of approximately $57.8 million for the third quarter of 2025, slightly lower than the roughly $58.5 million recorded in the same quarter a year earlier (Key Developments).Narrative Update • Nov 22
BPOP: Strong Performance Outlook And Buybacks Will Support Earnings Momentum
Analysts have increased their price target for Popular from $140 to $152. They cite continued confidence in the company's strong performance outlook.Narrative Update • Nov 06
BPOP: Higher Margins And Share Buybacks Will Drive Earnings Potential
Narrative Update on Popular Analysts have increased their price target for Popular by $12 to $152, citing improved outlooks for profit margins and future earnings performance. Analyst Commentary Following the recent price target increase, analysts have shared both optimistic and cautious assessments regarding Popular’s path forward.Narrative Update • Oct 23
Analysts Boost Price Target for Popular Amid Improved Growth and Profit Margin Forecasts
Narrative Update on Popular Analysts have raised their price target for Popular from $141.75 to $145.56, citing improved forecasts for revenue growth and profit margins. Analyst Commentary Bullish Takeaways Bullish analysts have increased their price targets, which reflects heightened confidence in Popular's valuation and growth prospects.Narrative Update • Oct 08
Digital Infrastructure And Puerto Rico Projects Will Improve Efficiency
Analysts have raised Popular's fair value estimate from $138.13 to $141.75, citing a strong capital position, improving growth forecasts, and beneficial economic conditions as key factors. Analyst Commentary Recent price target increases and ratings upgrades reflect ongoing optimism from the analyst community regarding Popular's financial strength and growth prospects.Narrative Update • Sep 23
Digital Infrastructure And Puerto Rico Projects Will Improve Efficiency
Analysts have raised Popular’s price target to $138.12, citing strong capital ratios, improved economic conditions in Puerto Rico, and resilient profitability, while still viewing the bank’s valuation as underappreciated. Analyst Commentary Bullish analysts cite Popular's strong capital position, particularly a 16.1% common equity tier 1 ratio, providing flexibility for growth and strategic opportunities.Analysis Article • Aug 28
Popular's (NASDAQ:BPOP) Upcoming Dividend Will Be Larger Than Last Year's
Popular, Inc.'s ( NASDAQ:BPOP ) dividend will be increasing from last year's payment of the same period to $0.75 on 1st...Seeking Alpha • Feb 14
Series A Preferred Shares Of Popular, Inc. Offer Stable Monthly Income
Summary Popular, Inc.'s Series A Preferred Shares offer a yield near 6.5% with monthly dividends that have been paid without interruption for more than 20 years. Puerto Rican banks, including Popular, Inc., benefit from an oligopolistic market. Popular, Inc. has improved several financial metrics since I last covered its Series A Preferred Shares in 2020. Read the full article on Seeking AlphaSeeking Alpha • Dec 26
Popular Isn't Worthy Of An Upgrade Just Yet
Summary Popular's shares remain expensive despite rising revenue and profits, leading me to maintain a 'hold' rating. Recent declines in deposits, particularly from the Puerto Rican government, are concerning but not yet alarming. The company's strategy to reprice loans and securities is boosting net interest income and margins. Despite some financial improvements, Popular's asset quality and valuation metrics do not justify a higher rating. Read the full article on Seeking AlphaSeeking Alpha • Sep 30
Popular: Maintaining A Cautious Stance
Summary Popular has shown impressive growth, with shares up 42.4% since November 2023, outperforming the S&P 500's 27.2% increase. Despite strong financial performance, including a 5.5% rise in net interest income, Popular's shares appear fairly valued compared to similar banks. The bank's asset quality is decent but not exceptional, and its price-to-earnings multiple of 14.9 is higher than preferred. Management's capital return initiatives, including a $500 million share buyback and increased dividends, are positive but don't justify a 'buy' rating. Read the full article on Seeking Alpha
New Narrative • Aug 27
Expanding Loan Portfolio And Decisive Dividend Growth Signal Bright Future Amid Analytical Optimism
Strengthening capital position and shareholder value through increased dividends and a stock repurchase program may boost investor confidence and share price.Seeking Alpha • May 28
Popular Is At Risk Of Becoming Too Popular
Summary Popular's stock has spiked 26.9% since my last analysis, outperforming the broader market. Recent financial performance shows a decline in net interest income and non-interest income, leading to lower net profits. Deposits, loans, and securities have increased, but the overall asset quality and valuation of Popular are concerning. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$900m |
| Dec 31 2025 | US$5m | US$914k | US$832m |
| Sep 30 2025 | n/a | n/a | US$776m |
| Jun 30 2025 | n/a | n/a | US$720m |
| Mar 31 2025 | n/a | n/a | US$687m |
| Dec 31 2024 | US$3m | US$790k | US$613m |
| 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$3m | US$782k | 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$3m | US$750k | 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$2m | US$635k | 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$2m | US$605k | 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$2m | US$597k | US$667m |
Compensation vs Market: Javier's total compensation ($USD4.83M) is below average for companies of similar size in the US market ($USD14.46M).
Compensation vs Earnings: Javier's compensation has increased by more than 20% in the past year.
CEO
Javier Ferrer-Fernández (65 yo)
11.8yrs
Tenure
US$4,825,287
Compensation
Mr. Javier D. Ferrer-Fernandez, J.D., was Chief Operating Officer at Popular, Inc since October 21, 2021 until 2025 and serves as its President since May 9, 2024 and Corporate Secretary since October 1, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.8yrs | US$4.83m | 0.18% $ 19.6m | |
| Executive VP | 2.3yrs | US$1.99m | 0.030% $ 3.3m | |
| EVP and Chief Information & Digital Strategy Officer of Digital | 11yrs | US$1.73m | 0.049% $ 5.3m | |
| Executive VP and Chief Experience & Administration Services Officer | no data | US$1.77m | 0.054% $ 5.8m | |
| Executive VP & Chief Risk Officer of Corporate Risk Management Group | 14.9yrs | US$1.95m | 0.17% $ 18.3m | |
| Senior VP | 2.3yrs | no data | 0.0047% $ 508.4k | |
| Senior VP & Investor Relations Officer | 7.7yrs | no data | no data | |
| Executive VP | 4.5yrs | no data | 0.033% $ 3.6m | |
| Executive VP and Chief Communications & Public Affairs Officer | 5.3yrs | no data | 0.017% $ 1.9m | |
| Executive Vice President of Commercial Credit & Services Group of Banco Popular de Puerto Rico | 16.6yrs | US$1.33m | 0.060% $ 6.5m | |
| Executive VP and Chief Security Officer of Corporate Security & Operations Group | 8.3yrs | no data | 0.049% $ 5.3m | |
| Executive Vice President of Retail & Business Solutions Group at Banco Popular de Puerto Rico | 17.2yrs | no data | 0.038% $ 4.1m |
8.0yrs
Average Tenure
55yo
Average Age
Experienced Management: BPOP's management team is seasoned and experienced (8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1yr | US$4.83m | 0.18% $ 19.6m | |
| Non-Executive Chairman of the Board | 35.5yrs | US$435.06k | 0.30% $ 32.3m | |
| Independent Director | 3.2yrs | US$220.00k | 0.0061% $ 662.8k | |
| Independent Director | 15.3yrs | US$298.54k | 0.069% $ 7.4m | |
| Independent Director | 22.3yrs | US$324.01k | 0.058% $ 6.2m | |
| Independent Director | 5.1yrs | US$243.67k | no data | |
| Independent Director | 16.5yrs | US$288.54k | 0.054% $ 5.8m | |
| Independent Director | 16.5yrs | US$289.08k | 0.21% $ 22.5m | |
| Independent Director | 7.5yrs | US$289.08k | 0.0093% $ 1.0m | |
| Independent Director | 5.1yrs | US$293.48k | no data | |
| Independent Director | 2.4yrs | US$252.85k | no data |
7.5yrs
Average Tenure
65yo
Average Age
Experienced Board: BPOP's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/05 06:17 |
| End of Day Share Price | 2026/07/02 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Popular, Inc. is covered by 20 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 David Shaw | Barclays |
| Brandon Berman | BofA Global Research |
| Joseph Gladue | B. Riley Securities, Inc. |