Popular, Inc. Announces Second Quarter 2018 Financial Results

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Popular, Inc. (BPOP) PT Raised to $61 at Piper Jaffray Following 2Q Report

July 24, 2018 6:59 AM EDT

Piper Jaffray raised its price target on Popular, Inc. (NASDAQ: BPOP) to $61.00 (from $60.00) while maintaining a Overweight rating following the company's 2Q earnings report. 2Q18 results were once again better than expected due to stronger NII and fee income. While the shares reacted... More

Popular (BPOP) Posts Q2 EPS of $2.73

July 23, 2018 8:02 AM EDT

Popular (NASDAQ: BPOP) reported Q2 EPS of $2.73, which may not compare to the analyst estimate of $0.95.

Net income of $279.8 million and adjusted net income of $121.3 million for the second quarter of 2018, compared to a net income of $91.3 million for Q1 2018Net... More