Popular, Inc.

OTCPK:BPOP.O Stock Report

Market Cap: US$6.4b

Popular Management

Management criteria checks 4/4

Popular's CEO is Ignacio Alvarez, appointed in Jul 2017, has a tenure of 7.42 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 $24.83M. The average tenure of the management team and the board of directors is 8.2 years and 9.7 years respectively.

Key information

Ignacio Alvarez

Chief executive officer

US$5.8m

Total compensation

CEO salary percentage19.6%
CEO tenure7.4yrs
CEO ownership0.4%
Management average tenure8.2yrs
Board average tenure9.7yrs

Recent management updates

Recent updates

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

Sep 30 2018n/an/a

US$406m

Jun 30 2018n/an/a

US$286m

Mar 31 2018n/an/a

US$102m

Dec 31 2017US$3mUS$808k

US$104m

Compensation vs Market: Ignacio's total compensation ($USD5.77M) is about average for companies of similar size in the US market ($USD7.88M).

Compensation vs Earnings: Ignacio's compensation has been consistent with company performance over the past year.

CEO

Ignacio Alvarez (66 yo)

7.4yrs

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 & Director7.4yrsUS$5.77m0.39%
$ 24.8m
Javier Ferrer-Fernández
President10.2yrsUS$2.59m0.11%
$ 7.1m
Lidio Soriano
Executive VP & Chief Risk Officer of Corporate Risk Management Group13.3yrsUS$1.55m0.13%
$ 8.5m
Manuel Chinea
Executive VP & COO of Popular Bank8.9yrsUS$1.46m0.038%
$ 2.4m
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%
$ 299.8k
Camille Burckhart
Executive VP and Chief Information & Digital Strategy Officer of Innovation9.4yrsno data0.042%
$ 2.7m
Eduardo Negron
Executive VP & Chief Administration Officer - Administration Group14yrsUS$401.13k0.059%
$ 3.8m
Paul Cardillo
Senior VP & Investor Relations Officer6.1yrsno datano data
Jose Coleman-Tio
Executive VP2.9yrsno data0.019%
$ 1.2m
Maria Gonzalez Noguera
Executive VP and Chief Communications & Public Affairs Officer3.7yrsno data0.014%
$ 904.4k
Eli Sepulveda
Executive Vice President of Commercial Credit Group of Banco Popular de Puerto Rico15yrsUS$1.33m0.057%
$ 3.7m

8.2yrs

Average Tenure

58yo

Average Age

Experienced Management: BPOP.O's management team is seasoned and experienced (8.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ignacio Alvarez
CEO & Director7.4yrsUS$5.77m0.39%
$ 24.8m
Richard Carrion
Non-Executive Chairman of the Board33.9yrsUS$373.37k0.31%
$ 19.6m
Alejandro Sanchez
Independent Director1.6yrsUS$200.00k0.0049%
$ 315.8k
C. Goodwin
Independent Director13.7yrsUS$254.17k0.060%
$ 3.8m
John Diercksen
Independent Lead Director11.9yrsUS$302.15k0.036%
$ 2.3m
Maria Luisa Rangel
Independent Director20.7yrsUS$244.17k0.051%
$ 3.2m
Betty DeVita
Independent Director3.5yrsUS$209.75kno data
Alejandro Ballester
Independent Director14.9yrsUS$244.17k0.083%
$ 5.3m
Carlos Unanue
Independent Director14.9yrsUS$238.59k0.19%
$ 12.0m
Robert Carrady
Independent Director5.9yrsUS$238.59k0.0084%
$ 537.9k
Myrna Soto
Independent Director6.4yrsUS$234.82k0.0046%
$ 292.7k
Jose Rodriguez
Independent Director3.5yrsUS$215.43kno data

9.7yrs

Average Tenure

65yo

Average Age

Experienced Board: BPOP.O's board of directors are considered experienced (9.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:41
End of Day Share Price 2024/12/19 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 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.

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