ADVERTISEMENT

Popular: Q1 Earnings Snapshot

April 26, 2022 GMT

HATO REY, Puerto Rico (AP) _ Popular Inc. (BPOP) on Tuesday reported first-quarter earnings of $211.3 million.

The Hato Rey, Puerto Rico-based bank said it had earnings of $2.69 per share.

The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $684.4 million in the period. Its revenue net of interest expense was $649 million, which topped Street forecasts.

Popular shares have fallen 2.5% since the beginning of the year. The stock has climbed nearly 10% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BPOP at https://www.zacks.com/ap/BPOP