Latest news with #BPOP
Yahoo
2 days ago
- Business
- Yahoo
Popular Earnings: What To Look For From BPOP
Puerto Rican financial institution Popular (NASDAQ:BPOP) will be reporting results this Wednesday before market hours. Here's what investors should know. Popular beat analysts' revenue expectations by 0.8% last quarter, reporting revenues of $758.7 million, up 6.2% year on year. It was a strong quarter for the company, with a solid beat of analysts' EPS estimates. Is Popular a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Popular's revenue to grow 5.3% year on year to $773.2 million, in line with the 6.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.54 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Popular has missed Wall Street's revenue estimates twice over the last two years. Looking at Popular's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Texas Capital Bank delivered year-on-year revenue growth of 15.2%, beating analysts' expectations by 2.7%, and Nicolet Bankshares reported revenues up 12.7%, topping estimates by 4.4%. Texas Capital Bank traded up 4.8% following the results while Nicolet Bankshares was also up 7.8%. Read our full analysis of Texas Capital Bank's results here and Nicolet Bankshares's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 7.8% on average over the last month. Popular is up 6.9% during the same time and is heading into earnings with an average analyst price target of $126.38 (compared to the current share price of $114.99). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
25-06-2025
- Business
- Yahoo
Should Value Investors Buy Popular (BPOP) Stock?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today. One company value investors might notice is Popular (BPOP). BPOP is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock has a Forward P/E ratio of 9.32. This compares to its industry's average Forward P/E of 10.50. Over the last 12 months, BPOP's Forward P/E has been as high as 11.26 and as low as 7.81, with a median of 9.38. BPOP is also sporting a PEG ratio of 0.58. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. BPOP's industry has an average PEG of 1.37 right now. BPOP's PEG has been as high as 0.92 and as low as 0.50, with a median of 0.62, all within the past year. Another valuation metric that we should highlight is BPOP's P/B ratio of 1.29. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.78. Over the past year, BPOP's P/B has been as high as 1.41 and as low as 0.98, with a median of 1.24. Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. BPOP has a P/S ratio of 1.7. This compares to its industry's average P/S of 2. These are only a few of the key metrics included in Popular's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, BPOP looks like an impressive value stock at the moment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Popular, Inc. (BPOP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
25-06-2025
- Business
- Yahoo
Here's Why Popular (BPOP) is a Strong Value Stock
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks. Established in 1893, Popular, Inc. is a full-service financial services provider with operations in Puerto Rico, the U.S. mainland and the U.S. and British Virgin Islands. BPOP is a Zacks Rank #1 (Strong Buy) stock, with a Value Style Score of A and VGM Score of B. Shares are currently trading at a forward P/E of 10.3X for the current fiscal year compared to the Banks - Southeast industry's P/E 10.8X. Additionally, BPOP has a PEG Ratio of 0.6 and a Price/Cash Flow ratio of 17X. Value investors should also note BPOP's Price/Sales ratio of 1.7X. A company's earnings performance is important for value investors as well. For fiscal 2025, two analysts revised their earnings estimate higher in the last 60 days for BPOP, while the Zacks Consensus Estimate has increased $0.36 to $10.54 per share. BPOP also holds an average earnings surprise of 11.8%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding BPOP to their portfolios. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Popular, Inc. (BPOP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
- Yahoo
Here's What Makes Popular Stock a Solid Investment Option Now
Popular, Inc. BPOP is gaining from revenue stability, net interest income (NII) growth, a strong liquidity profile, and consistent capital distributions. Analysts seem optimistic regarding the company's earnings growth prospects. Over the past 60 days, the Zacks Consensus Estimate for BPOP's earnings has been revised upward for 2025 and 2026. Estimate Revision Trend Image Source: Zacks Investment Research Solid Organic Growth: The company continues to make steady progress toward improving its top line. The company's total revenues have witnessed a compound annual growth rate (CAGR) of 5.6% over the past four years (2020–2024). Further, net loans grew at a four-year CAGR of 6.8%, and deposits saw a CAGR of 3.4% during the same period. In the first quarter of 2025, the trend of revenue, loans, and deposits continued to increase on a year-over-year basis. Thus, BPOP's strong loan pipeline and healthy deposit base position it well for continued organic growth. Rising NII & NIM: Popular's NII witnessed a four-year (ended 2024) CAGR of 5.3%. The NIM rose to 3.24% in 2024 from 3.13% in 2023, up from 3.11% in 2022 and 2.88% in 2021. Both NII and NIM increased year over year in the first quarter of 2025. Looking ahead, management anticipates seeing continued growth in NII and NIM, driven by the repricing of its investment portfolio and new loan originations and lower deposit costs. Furthermore, with the Federal Reserve expected interest rate cuts this year, Popular is poised to benefit from additional improvements in NII and NIM in the coming period. For full-year 2025, management expects NII to increase 7–9% from the reported 2024 level. Earnings Strength: In the last three to five years, BPOP witnessed EPS growth of 6.05%, higher than the industry average of 5.27%. Further, the company's earnings are expected to show an upswing in the near term, as its projected EPS growth rate is 17.11% compared with the industry average rate of 14.07% in 2025. Apart from this, BPOP has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters, the average beat being 11.82%. Specifically, for 2025 and 2026, its earnings are estimated to rise 17.11% and 19.97%, respectively. Earnings Estimates Image Source: Zacks Investment Research Strategic Initiatives: Popular launched a multi-year transformation initiative in 2022 to address evolving client needs and maintain competitiveness. The company focused on investing in its tech infrastructure and adopting agile practices to enhance the digital client experience, streamline employee processes, and drive efficiency and profitability. As part of this effort, BPOP acquired key customer channels from Evertec in 2022 to accelerate digital transformation. In 2023, it invested $300 million in technology infrastructure to support secure and innovative digital banking platforms. Through these efforts, Popular is targeting a return on tangible common equity (ROTCE) of 14% by 2025. Strong Liquidity Position: The company maintains a solid liquidity profile. As of March 31, 2025, the company's liquidity stood at $6.6 billion. Its total debt aggregated to $1.4 billion, maintaining a conservative balance sheet. Given substantial liquidity, we believe that Popular is not likely to face problems repaying its borrowings in the near term, even if the economic situation worsens. Impressive Capital Distribution: Popular continues to return value to shareholders through dividends and buybacks. In November 2024, the company increased its quarterly dividend by 12.9% to 70 cents per share. The company has increased its dividend four times in the past five years, with a 29% dividend payout ratio. It has a current dividend yield of 2.6%. In addition, it has a share repurchase program. In August 2024, the company announced a $500 million share repurchase authorization. As of March 31, 2025, $160 million shares were available under this authorization. Given the favorable payout ratio and solid liquidity, such capital distribution activities seem sustainable. Over the past year, shares of BPOP have gained 25.1% compared with the industry's growth of 16.2%. One Year Price Performance Image Source: Zacks Investment Research Currently, the company sports a Zacks Rank #1 (Strong Buy). Other Stocks to Consider Some other top-ranked stocks in the same space are United Bankshares UBSI and First BanCorp. FBP, each flaunting a Zacks Rank of 1. You can see the complete list of today's Zacks #1 Rank stocks here. United Bankshares's earnings estimates have been unchanged at $2.97 per share over the past 30 days. UBSI's share price has increased 15.1% over the past year. FBP's earnings estimates have been unchanged at $1.93 per share over the past 30 days. Its share price has increased 13.4% during the same period. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Popular, Inc. (BPOP) : Free Stock Analysis Report United Bankshares, Inc. (UBSI) : Free Stock Analysis Report First BanCorp. (FBP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
04-06-2025
- Business
- Yahoo
Why Popular (BPOP) is a Top Value Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks. Established in 1893, Popular, Inc. is a full-service financial services provider with operations in Puerto Rico, the U.S. mainland and the U.S. and British Virgin Islands. BPOP sits at a Zacks Rank #1 (Strong Buy), holds a Value Style Score of A, and has a VGM Score of B. Compared to the Banks - Southeast industry's P/E of 10.7X, shares of Popular are trading at a forward P/E of 10X. BPOP also has a PEG Ratio of 0.6, a Price/Cash Flow ratio of 16.6X, and a Price/Sales ratio of 1.7X. Many value investors pay close attention to a company's earnings as well. For BPOP, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.50 to $10.54 per share for 2025. Per share BPOP boasts an average earnings surprise of 11.8%. Investors should take the time to consider BPOP for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Popular, Inc. (BPOP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
