BPOP Earnings Prediction
The chart below shows how BPOP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BPOP sees a -2.67% change in stock price 10 days leading up to the earnings, and a +0.46% change 10 days following the report. On the earnings day itself, the stock moves by -0.18%. This data can give you a slight idea of what to expect for the next quarter's release.
BPOP Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
732.45M
8.04%
2.80%
Gross Margin
--
--
--
Operating Margin
29.68%
128.84%
8.36%
Net Margin
24.28%
74.05%
11.38%
EPS
2.51
91.60%
16.20%
No Data Available
BPOP Earnings Analysis
Popular Inc Corporation (BPOP.O) Earnings Conference Call
Positive
Net Income Increase: Annual net income increased to $614 million in 2024, up from $541 million in 2023, with adjusted net income rising 10% to $646 million.
Loan Growth Performance: Total loan growth for the year reached $2 billion, representing a 5.8% increase, driven by strong performance in commercial loans.
Equity Ratio and Book Value: Common equity Tier 1 ratio remained robust at 16%, with tangible book value per share increasing by 14% year-over-year to $68.16.
Share Repurchase Strategy: During 2024, $220 million worth of shares were repurchased, reflecting confidence in the company's stock value and a commitment to returning capital to shareholders.
Dividend Increase Announcement: The quarterly common stock dividend was increased by $0.08 to $0.70 per share, demonstrating a commitment to shareholder returns.
Negative
Tangible Book Value Decline: Tangible book value per share decreased by $0.88 to $68.16, primarily due to higher unrealized losses in the investment portfolio and share repurchase activity.
Credit Quality Deterioration: Net charge offs increased to $77,000,000 or annualized 74 basis points compared to $59,000,000 or 65 basis points in the prior quarter, indicating a deterioration in credit quality.
Credit Loss Provision Update: The provision for credit losses was $69,000,000 compared to $73,000,000 in the prior quarter, reflecting ongoing concerns about credit risk despite a slight decrease in the provision.
Operating Expenses Analysis: Total operating expenses were $468,000,000, flat with the last quarter, but the largest expense variances were related to higher professional fees and personnel costs, indicating potential inefficiencies.
Effective Tax Rate Increase: The effective tax rate increased to 23% for the full year, driven by higher tax-exempt income, which may impact net income growth moving forward.
BPOP FAQs
How does BPOP typically perform around its earnings report dates?
Is Popular Inc (BPOP) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
BPOP Earning Call Sentiment
Earnings call transcript: Popular Q4 2024 beats EPS forecast, stock dips
BPOP.O
2.02%Positive
The earnings call summary reflects strong financial performance with a 10% year-over-year increase in net interest income, significant loan growth, and increased tangible book value per share. The Q&A section provided reassurance about deposit growth and consumer outlook. However, the management's lack of clarity on certain financial metrics tempers enthusiasm slightly. The positive elements such as increased dividends and stock repurchases, coupled with optimistic guidance, suggest a positive stock price movement over the next two weeks.
