Popular Past Earnings Performance
Past criteria checks 2/6
Popular has been growing earnings at an average annual rate of 10.1%, while the Banks industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 6.6% per year. Popular's return on equity is 10.5%, and it has net margins of 21%.
Key information
10.1%
Earnings growth rate
17.1%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 6.6% |
| Return on equity | 10.5% |
| Net Margin | 21.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Popular: Downgrading To Hold, Top-Line Growth To Boost Earnings
Feb 28If EPS Growth Is Important To You, Popular (NASDAQ:BPOP) Presents An Opportunity
Oct 20
Popular (NASDAQ:BPOP) Has Announced A Dividend Of $0.55
Aug 24Popular (NASDAQ:BPOP) Has Affirmed Its Dividend Of $0.55
May 15Here's Why Popular (NASDAQ:BPOP) Has Caught The Eye Of Investors
Feb 16Do Popular's (NASDAQ:BPOP) Earnings Warrant Your Attention?
Sep 30Popular 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 01Does Popular (NASDAQ:BPOP) Deserve A Spot On Your Watchlist?
Jun 17Popular Inc. Is Attractively Valued And Situated In A Steadily Improving Local Environment
May 14Popular (NASDAQ:BPOP) Is Increasing Its Dividend To US$0.55
Feb 26Popular: Revising Up The Earnings Estimate Because Of Rosier Outlook On The Margin
Feb 23Do Popular's (NASDAQ:BPOP) Earnings Warrant Your Attention?
Jan 22Popular: Earnings Likely To Dip After An Extraordinary Year
Dec 08Do Popular's (NASDAQ:BPOP) Earnings Warrant Your Attention?
Oct 09Popular Inc.: Provisions Reversals To Drive Earnings Before Loan Growth Picks Up
Aug 11Revenue & Expenses BreakdownBeta
How Popular makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,574 | 540 | 1,628 | 0 |
| 30 Sep 23 | 2,607 | 702 | 1,636 | 0 |
| 30 Jun 23 | 2,920 | 988 | 1,635 | 0 |
| 31 Mar 23 | 2,963 | 1,049 | 1,591 | 0 |
| 31 Dec 22 | 2,981 | 1,101 | 1,556 | 0 |
| 30 Sep 22 | 2,635 | 1,050 | 1,531 | 0 |
| 30 Jun 22 | 2,524 | 876 | 1,458 | 0 |
| 31 Mar 22 | 2,743 | 883 | 1,411 | 0 |
| 31 Dec 21 | 2,793 | 933 | 1,380 | 0 |
| 30 Sep 21 | 2,689 | 904 | 1,320 | 0 |
| 30 Jun 21 | 2,540 | 824 | 1,289 | 0 |
| 31 Mar 21 | 2,381 | 734 | 1,259 | 0 |
| 31 Dec 20 | 2,076 | 505 | 1,295 | 0 |
| 30 Sep 20 | 2,054 | 495 | 1,250 | 0 |
| 30 Jun 20 | 2,066 | 491 | 1,264 | 0 |
| 31 Mar 20 | 2,140 | 534 | 1,275 | 0 |
| 31 Dec 19 | 2,296 | 667 | 1,254 | 0 |
| 30 Sep 19 | 2,301 | 607 | 1,250 | 0 |
| 30 Jun 19 | 2,256 | 582 | 1,215 | 0 |
| 31 Mar 19 | 2,168 | 691 | 1,190 | 0 |
| 31 Dec 18 | 2,057 | 614 | 1,162 | 0 |
| 30 Sep 18 | 1,862 | 406 | 1,091 | 0 |
| 30 Jun 18 | 1,711 | 286 | 1,057 | 0 |
| 31 Mar 18 | 1,664 | 102 | 1,024 | 0 |
| 31 Dec 17 | 1,596 | 104 | 1,004 | 0 |
| 30 Sep 17 | 1,659 | 201 | 1,011 | 0 |
| 30 Jun 17 | 1,712 | 227 | 1,021 | 0 |
| 31 Mar 17 | 1,704 | 220 | 1,028 | 0 |
| 31 Dec 16 | 1,686 | 212 | 1,025 | 0 |
| 30 Sep 16 | 1,717 | 354 | 1,023 | 0 |
| 30 Jun 16 | 1,691 | 393 | 1,017 | 0 |
| 31 Mar 16 | 1,688 | 902 | 1,031 | 0 |
| 31 Dec 15 | 1,687 | 890 | 1,011 | 0 |
| 30 Sep 15 | 1,643 | 793 | 1,000 | 0 |
| 30 Jun 15 | 1,598 | 740 | 973 | 0 |
| 31 Mar 15 | 1,112 | -187 | 926 | 0 |
| 31 Dec 14 | 1,061 | -194 | 916 | 0 |
| 30 Sep 14 | 1,160 | -83 | 907 | 0 |
| 30 Jun 14 | 1,342 | 110 | 913 | 0 |
| 31 Mar 14 | 1,769 | 752 | 920 | 0 |
| 31 Dec 13 | 1,529 | 555 | 924 | 0 |
| 30 Sep 13 | 1,468 | 488 | 941 | 0 |
| 30 Jun 13 | 1,286 | 310 | 950 | 0 |
Quality Earnings: BPOP has high quality earnings.
Growing Profit Margin: BPOP's current net profit margins (21%) are lower than last year (36.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BPOP's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: BPOP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BPOP had negative earnings growth (-51%) over the past year, making it difficult to compare to the Banks industry average (-9.7%).
Return on Equity
High ROE: BPOP's Return on Equity (10.5%) is considered low.