Popular (BPOP) Set to Announce Q4 Earnings on January 27
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
0mins
Source: seekingalpha
- Earnings Announcement Date: Popular (BPOP) is set to release its Q4 2023 earnings on January 27 before market open, with a consensus EPS estimate of $3.04, reflecting a 21.1% year-over-year increase, indicating ongoing improvements in profitability.
- Revenue Expectations: The anticipated revenue for Q4 is $825.57 million, representing a 9.3% year-over-year growth, which underscores the company's robust performance and growth potential despite economic challenges.
- Historical Performance Review: Over the past year, Popular has beaten EPS estimates 50% of the time and revenue estimates 25% of the time, demonstrating relative stability in financial forecasting and market confidence.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen three upward revisions and one downward revision, while revenue estimates have experienced three upward revisions and two downward revisions, indicating some divergence in analysts' outlook on the company's future performance.
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Analyst Views on BPOP
Wall Street analysts forecast BPOP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BPOP is 143.00 USD with a low forecast of 135.00 USD and a high forecast of 160.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 133.250
Low
135.00
Averages
143.00
High
160.00
Current: 133.250
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.
Polaris Capital Management Reduces Popular Holdings
- Transaction Overview: Polaris Capital Management sold 204,200 shares of Popular in Q4, valued at approximately $24.13 million, indicating a recalibration of confidence in the company.
- Holding Changes: After the sale, Polaris retains 682,330 shares of Popular worth $84.96 million, representing 7.05% of its reportable 13F assets under management, highlighting the stock's significance in its portfolio.
- Market Performance Analysis: As of January 28, Popular's share price stood at $131.54, reflecting a 31.9% increase over the past year, outperforming the S&P 500 by 16.89 percentage points, showcasing its strong market position.
- Investor Confidence Interpretation: Despite the reduction, Popular remains Polaris's largest holding, suggesting that management still believes in the company's long-term prospects while also addressing concentration risk in their investment strategy.
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Popularpress Releases Q4 2025 Financial Results
- Earnings Beat: Popularpress reported a Q4 2025 GAAP EPS of $3.53, exceeding expectations by $0.49, indicating strong profitability despite revenue shortfalls.
- Revenue Growth Challenges: Total revenue reached $823.84 million, a 9.1% year-over-year increase, yet fell short of expectations by $1.73 million, reflecting challenges from increased market competition and changing customer demands.
- Improved Loan Quality: Non-performing loans (NPLs) decreased by $3.9 million, with the NPLs to loans ratio dropping to 1.27%, showcasing improved credit quality that may bolster investor confidence.
- Stable Capital Ratios: The Common Equity Tier 1 ratio stood at 15.72%, with Common Equity per share at $94.75, indicating a robust capital structure that supports future growth and risk management.
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