Popular Life Re Affirms B++ Rating by AM Best
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: Newsfilter
- Rating Affirmation: AM Best has affirmed Popular Life Re (PLRe) with a B++ (Good) Financial Strength Rating and a 'bbb+' Long-Term Issuer Credit Rating, reflecting its very strong balance sheet strength, although the weak credit profile of its parent, Popular, Inc., continues to drag on the ratings.
- Capital Adequacy: PLRe maintains a strong risk-adjusted capitalization as assessed by Best's Capital Adequacy Ratio (BCAR) over recent years, ensuring robust liquidity and stable investment income to meet operational needs.
- Business Diversification: While PLRe's business profile is limited primarily to Puerto Rico, it is improving diversification through a reinsurance treaty with a local insurer and the introduction of new online offerings, addressing market challenges effectively.
- Strategic Importance: PLRe remains strategically important to its parent, Popular, Inc., despite modest earnings contributions, and aims to expand into new markets through strategies like the relaunch of credit life products, positioning itself for future growth.
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Analyst Views on BPOP
Wall Street analysts forecast BPOP stock price to fall
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 149.700
Low
135.00
Averages
143.00
High
160.00
Current: 149.700
Low
135.00
Averages
143.00
High
160.00
About BPOP
Popular, Inc. (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. The Company has operations in Puerto Rico, the United States and the Caribbean. The Company's BPPR segment provides retail, mortgage and commercial banking services through its banking subsidiary, Banco Popular de Puerto Rico, as well as auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. The Company's BPNA segment consists of Popular North America, Inc. (PNA) functioning as the holding company for its operations in the United States. It also operates PNA's subsidiary, E-LOAN, Inc. The banking operations of BPNA in the United States mainland are based in New York, Florida and New Jersey, conducted under the name of Popular Community Bank.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Popular Life Re Affirms B++ Rating by AM Best
- Rating Affirmation: AM Best has affirmed Popular Life Re (PLRe) with a B++ (Good) Financial Strength Rating and a 'bbb+' Long-Term Issuer Credit Rating, reflecting its very strong balance sheet strength, although the weak credit profile of its parent, Popular, Inc., continues to drag on the ratings.
- Capital Adequacy: PLRe maintains a strong risk-adjusted capitalization as assessed by Best's Capital Adequacy Ratio (BCAR) over recent years, ensuring robust liquidity and stable investment income to meet operational needs.
- Business Diversification: While PLRe's business profile is limited primarily to Puerto Rico, it is improving diversification through a reinsurance treaty with a local insurer and the introduction of new online offerings, addressing market challenges effectively.
- Strategic Importance: PLRe remains strategically important to its parent, Popular, Inc., despite modest earnings contributions, and aims to expand into new markets through strategies like the relaunch of credit life products, positioning itself for future growth.
See More
Analysis of KRE Stock's 52-Week Highs and Lows
- Price Fluctuation Analysis: KRE's stock has a 52-week low of $55.55 and a high of $74.08, with the latest trade at $69.21, indicating significant price volatility that may influence investor buying decisions.
- Technical Analysis Tool: Comparing the latest stock price to the 200-day moving average provides valuable insights for investors, helping to assess market trends and potential buy or sell opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting the liquidity and market performance of the ETF.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding for ETFs highlights those experiencing notable inflows or outflows, which can affect the underlying stocks held within the ETFs and influence overall market dynamics.
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Bank Stocks Draw Renewed Investor Interest Amid Rate Speculation
- Rate Speculation Shift: As speculation mounts regarding the Federal Reserve's potential interest rate hike, bank stocks are regaining investor interest; despite President Trump's expectations for incoming Fed Chair Kevin Warsh to cut rates, Regan Capital's CIO Skyler Weinand believes the Fed may be compelled to act otherwise, thereby enhancing banks' net interest margins.
- Bank Stock Ratings: According to Seeking Alpha's Quant system, Bank of America (BAC) leads with a Strong Buy rating of 4.94 and a market cap of $353.69 billion, trading at a P/E ratio of 12.38, indicating its robust market performance and investment appeal.
- Other Top Banks: Beyond Bank of America, other highly-rated banks include Carter Bankshares (CARE, Strong Buy 4.77, Market Cap $591.11 million, P/E 5.53) and Midland States Bancorp (MSBI, Strong Buy 4.76, Market Cap $552.86 million, P/E 22.77), suggesting that their strong ratings and relatively low P/E ratios may attract more investors.
- Market Dynamics Analysis: Against the backdrop of rising interest rate expectations, bank stocks are likely to benefit, particularly high-rated banks like Popular, Inc. (BPOP, Strong Buy 4.62, Market Cap $9.23 billion, P/E 10.58), indicating a restoration of investor confidence in the banking sector that could drive stock prices higher.
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Popular, Inc. Declares Quarterly Cash Dividend of $0.75
- Quarterly Cash Dividend: Popular, Inc.'s Board of Directors has approved a quarterly cash dividend of $0.75 per share, payable on July 1, 2026, reflecting the company's commitment to shareholder returns and enhancing investor confidence.
- Record Date for Shareholders: The dividend will be distributed to shareholders of record as of May 29, 2026, ensuring timely cash returns and strengthening the relationship between the company and its investors.
- Company Background: Popular, Inc. is the leading financial institution in Puerto Rico by both assets and deposits, founded in 1893, showcasing its long-standing history and market leadership in financial services.
- Diverse Services: In addition to retail and commercial banking, Popular offers auto and equipment leasing, broker-dealer, and insurance services, demonstrating its business diversity and adaptability in the Puerto Rican and U.S. Virgin Islands markets.
See More
Popular, Inc. Declares Monthly Cash Dividend
- Dividend Declaration: Popular, Inc. announced a monthly cash dividend of $0.132813 per share on its 6.375% Non-Cumulative Monthly Income Preferred Stock, payable on June 1, 2026, reflecting the company's commitment to shareholder returns and stable cash flow.
- Trust Preferred Securities Distribution: The company will also distribute $0.127604 per security on its 6.125% Cumulative Monthly Income Trust Preferred Securities, enhancing its attractiveness in the capital markets and providing consistent income to investors.
- Market Leadership: As the leading financial institution in Puerto Rico by both assets and deposits, Popular, Inc. demonstrates strong competitive positioning and stability in the local market, reinforcing investor confidence.
- Business Diversification: The company offers a range of services including retail and commercial banking, auto and equipment leasing, showcasing its ability to respond to diverse market demands and maintain a robust business model.
See More
Director of Popular (BPOP.US) Plans to Sell $3.4 Million in Common Stock via Form 144
Share Sale Announcement: Alejandra M. Ballester intends to sell 23,000 shares of Popular Capital Trust II, valued at approximately $3.4 million, on April 30.
Reduction in Holdings: Ballester has reduced her shareholding in Popular Capital Trust II by 2,360 shares since January 30, 2026, with a total value of around $312.7K.
See More
Popular Life Re Affirms B++ Rating by AM Best
- Rating Affirmation: AM Best has affirmed Popular Life Re (PLRe) with a B++ (Good) Financial Strength Rating and a 'bbb+' Long-Term Issuer Credit Rating, reflecting its very strong balance sheet strength, although the weak credit profile of its parent, Popular, Inc., continues to drag on the ratings.
- Capital Adequacy: PLRe maintains a strong risk-adjusted capitalization as assessed by Best's Capital Adequacy Ratio (BCAR) over recent years, ensuring robust liquidity and stable investment income to meet operational needs.
- Business Diversification: While PLRe's business profile is limited primarily to Puerto Rico, it is improving diversification through a reinsurance treaty with a local insurer and the introduction of new online offerings, addressing market challenges effectively.
- Strategic Importance: PLRe remains strategically important to its parent, Popular, Inc., despite modest earnings contributions, and aims to expand into new markets through strategies like the relaunch of credit life products, positioning itself for future growth.
See More
Analysis of KRE Stock's 52-Week Highs and Lows
- Price Fluctuation Analysis: KRE's stock has a 52-week low of $55.55 and a high of $74.08, with the latest trade at $69.21, indicating significant price volatility that may influence investor buying decisions.
- Technical Analysis Tool: Comparing the latest stock price to the 200-day moving average provides valuable insights for investors, helping to assess market trends and potential buy or sell opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting the liquidity and market performance of the ETF.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding for ETFs highlights those experiencing notable inflows or outflows, which can affect the underlying stocks held within the ETFs and influence overall market dynamics.
See More
Bank Stocks Draw Renewed Investor Interest Amid Rate Speculation
- Rate Speculation Shift: As speculation mounts regarding the Federal Reserve's potential interest rate hike, bank stocks are regaining investor interest; despite President Trump's expectations for incoming Fed Chair Kevin Warsh to cut rates, Regan Capital's CIO Skyler Weinand believes the Fed may be compelled to act otherwise, thereby enhancing banks' net interest margins.
- Bank Stock Ratings: According to Seeking Alpha's Quant system, Bank of America (BAC) leads with a Strong Buy rating of 4.94 and a market cap of $353.69 billion, trading at a P/E ratio of 12.38, indicating its robust market performance and investment appeal.
- Other Top Banks: Beyond Bank of America, other highly-rated banks include Carter Bankshares (CARE, Strong Buy 4.77, Market Cap $591.11 million, P/E 5.53) and Midland States Bancorp (MSBI, Strong Buy 4.76, Market Cap $552.86 million, P/E 22.77), suggesting that their strong ratings and relatively low P/E ratios may attract more investors.
- Market Dynamics Analysis: Against the backdrop of rising interest rate expectations, bank stocks are likely to benefit, particularly high-rated banks like Popular, Inc. (BPOP, Strong Buy 4.62, Market Cap $9.23 billion, P/E 10.58), indicating a restoration of investor confidence in the banking sector that could drive stock prices higher.
See More
Popular, Inc. Declares Quarterly Cash Dividend of $0.75
- Quarterly Cash Dividend: Popular, Inc.'s Board of Directors has approved a quarterly cash dividend of $0.75 per share, payable on July 1, 2026, reflecting the company's commitment to shareholder returns and enhancing investor confidence.
- Record Date for Shareholders: The dividend will be distributed to shareholders of record as of May 29, 2026, ensuring timely cash returns and strengthening the relationship between the company and its investors.
- Company Background: Popular, Inc. is the leading financial institution in Puerto Rico by both assets and deposits, founded in 1893, showcasing its long-standing history and market leadership in financial services.
- Diverse Services: In addition to retail and commercial banking, Popular offers auto and equipment leasing, broker-dealer, and insurance services, demonstrating its business diversity and adaptability in the Puerto Rican and U.S. Virgin Islands markets.
See More
Popular, Inc. Declares Monthly Cash Dividend
- Dividend Declaration: Popular, Inc. announced a monthly cash dividend of $0.132813 per share on its 6.375% Non-Cumulative Monthly Income Preferred Stock, payable on June 1, 2026, reflecting the company's commitment to shareholder returns and stable cash flow.
- Trust Preferred Securities Distribution: The company will also distribute $0.127604 per security on its 6.125% Cumulative Monthly Income Trust Preferred Securities, enhancing its attractiveness in the capital markets and providing consistent income to investors.
- Market Leadership: As the leading financial institution in Puerto Rico by both assets and deposits, Popular, Inc. demonstrates strong competitive positioning and stability in the local market, reinforcing investor confidence.
- Business Diversification: The company offers a range of services including retail and commercial banking, auto and equipment leasing, showcasing its ability to respond to diverse market demands and maintain a robust business model.
See More
Director of Popular (BPOP.US) Plans to Sell $3.4 Million in Common Stock via Form 144
Share Sale Announcement: Alejandra M. Ballester intends to sell 23,000 shares of Popular Capital Trust II, valued at approximately $3.4 million, on April 30.
Reduction in Holdings: Ballester has reduced her shareholding in Popular Capital Trust II by 2,360 shares since January 30, 2026, with a total value of around $312.7K.
See More
