Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services.
Undervalued with excellent balance sheet.
Share Price & News
How has Popular's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BPOP.O has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BPOP.O exceeded the US Banks industry which returned -19% over the past year.
Return vs Market: BPOP.O underperformed the US Market which returned 16.4% over the past year.
Price Volatility Vs. Market
How volatile is Popular's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Popular undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BPOP.O ($24.95) is trading below our estimate of fair value ($42.78)
Significantly Below Fair Value: BPOP.O is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BPOP.O is good value based on its PE Ratio (7.1x) compared to the US Banks industry average (9.9x).
PE vs Market: BPOP.O is good value based on its PE Ratio (7.1x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: BPOP.O's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BPOP.O is good value based on its PB Ratio (0.6x) compared to the US Banks industry average (0.8x).
How is Popular forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BPOP.O's earnings are forecast to decline over the next 3 years (-6% per year).
Earnings vs Market: BPOP.O's earnings are forecast to decline over the next 3 years (-6% per year).
High Growth Earnings: BPOP.O's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BPOP.O's revenue (8.5% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: BPOP.O's revenue (8.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BPOP.O's Return on Equity is forecast to be low in 3 years time (6.2%).
How has Popular performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BPOP.O has high quality earnings.
Growing Profit Margin: BPOP.O's current net profit margins (23.8%) are lower than last year (25.9%).
Past Earnings Growth Analysis
Earnings Trend: BPOP.O's earnings have declined by 4% per year over the past 5 years.
Accelerating Growth: BPOP.O'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.O had negative earnings growth (-15.7%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: BPOP.O's Return on Equity (8.5%) is considered low.
How is Popular's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BPOP.O's Assets to Equity ratio (10.9x) is moderate.
Allowance for Bad Loans: BPOP.O has a sufficient allowance for bad loans (120%).
Low Risk Liabilities: 94% of BPOP.O's liabilities are made up of primarily low risk sources of funding.
Loan Level: BPOP.O has an appropriate level of Loans to Assets ratio (45%).
Low Risk Deposits: BPOP.O's Loans to Deposits ratio (52%) is appropriate.
Level of Bad Loans: BPOP.O has a high level of bad loans (2.6%).
What is Popular current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BPOP.O's dividend (4.21%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: BPOP.O's dividend (4.21%) is low compared to the top 25% of dividend payers in the US market (4.35%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BPOP.O has been paying a dividend for less than 10 years.
Growing Dividend: BPOP.O's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.3%), BPOP.O's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BPOP.O's dividends in 3 years are forecast to be well covered by earnings (37.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ignacio Alvarez (62 yo)
Mr. Ignacio Alvarez, Esq., has been the President of Popular, Inc., since October 1, 2014 and as its Chief Executive Officer and Director since July 1, 2017. Mr. Alvarez has been the President and Chief Ex ...
CEO Compensation Analysis
Compensation vs Market: Ignacio's total compensation ($USD5.14M) is about average for companies of similar size in the US market ($USD5.74M).
Compensation vs Earnings: Ignacio's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||7.42yrs||US$2.29m||0.14% |
|Chief Legal Officer||5.83yrs||US$1.81m||0.054% |
|Executive VP & Chief Risk Officer of Corporate Risk Management Group||9yrs||US$1.56m||0.092% |
|Executive VP and Chief Information & Digital Strategy Officer of Innovation||no data||no data||0.038% |
|Principal Accounting Officer||no data||no data||0.013% |
|Executive Vice President of Administration Group||9.67yrs||US$401.13k||0.042% |
|Investor Relations Officer||1.75yrs||no data||no data|
|Senior Vice President of Corporate Communications||no data||no data||no data|
|Executive VP & Chief Security Officer of Corporate Security Group||2.33yrs||no data||0.023% |
|Executive Vice President||no data||US$378.57k||no data|
Experienced Management: BPOP.O's management team is seasoned and experienced (5.8 years average tenure).
|Non-Executive Chairman of the Board||27.58yrs||US$4.57m||0.27% |
|Independent Director||9.33yrs||US$221.36k||0.057% |
|Independent Lead Director||1.58yrs||US$222.33k||0.027% |
|Independent Director||16.33yrs||US$216.36k||0.043% |
|Independent Director||10.58yrs||US$216.36k||0.029% |
|Independent Director||10.58yrs||US$202.12k||0.15% |
|Independent Director||1.58yrs||US$253.90k||0.0069% |
|Independent Director||7.33yrs||US$201.36k||0.036% |
|Independent Director||2.08yrs||US$202.12k||0.0034% |
Experienced Board: BPOP.O's board of directors are considered experienced (8.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Popular, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Popular, Inc.
- Ticker: BPOP.O
- Exchange: OTCPK
- Founded: 1893
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$3.197b
- Shares outstanding: 84.18m
- Website: https://www.popular.com
Number of Employees
- Popular, Inc.
- 209 Muñoz Rivera Avenue
- Hato Rey
- Puerto Rico
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BPOP||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1972|
|BPOP.O||OTCPK (Pink Sheets LLC)||6.375 PFD A 2003||US||USD||Feb 2003|
|BPOP.P||OTCPK (Pink Sheets LLC)||PFD B 8.25%||US||USD||May 2008|
Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services. The company accepts various deposit products. It also offers commercial and industr ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/10 23:33|
|End of Day Share Price||2020/08/07 00:00|
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.