Popular Appoints Javier D. Ferrer as Chief Operating Officer and Head of Business Strategy; José R. Coleman Tió Named Executive Vice President and Chief Legal Officer

$BPOP
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Recent Analyst Ratings for
$BPOP

DatePrice TargetRatingAnalyst
12/17/2024Neutral
UBS
10/1/2024$115.00 → $105.00Overweight → Equal Weight
Wells Fargo
8/26/2024$112.00Overweight
Piper Sandler
7/25/2024$113.00 → $123.00Outperform
Hovde Group
4/24/2024$112.00 → $113.00Outperform
Hovde Group
3/8/2024$99.00Overweight
Barclays
12/1/2023$86.00Buy
Citigroup
10/10/2023$63.00Neutral
BofA Securities
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  • Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities

    Popular, Inc. (NASDAQ:BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on March 31, 2025 to holders of record as of March 15, 2025. The Corporation also announced the following monthly distribution on its outstanding Trust Preferred Securities: a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on April 1, 2025 to holders of record as of March 15, 20

    $BPOP
    Major Banks
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  • Popular Announces Chief Executive Officer Ignacio Alvarez Will Retire on June 30, 2025; Board Appoints President & COO Javier D. Ferrer to Become Popular's Next CEO

    Popular, Inc. ("Popular" or the "Corporation") (NASDAQ:BPOP) announced today that Ignacio Alvarez will retire effective June 30, 2025 after serving as Chief Executive Officer ("CEO") since 2017. He will be succeeded by Javier D. Ferrer, currently President and Chief Operating Officer ("COO"). Richard L. Carrión, Chairman of Popular's Board of Directors, said, "The Board would like to thank Ignacio for his important contributions over the past 15 years. He joined Popular in 2010, when I was CEO, at a very challenging time for our organization and the financial industry. His counsel and support were invaluable and his highly strategic and collaborative approach quickly set him apart as a gr

    $BPOP
    Major Banks
    Finance
  • Popular, Inc. Declares a Cash Dividend of $0.70 per Common Share

    Popular, Inc. (NASDAQ:BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.70 per share on its outstanding common stock. The dividend will be payable on April 1, 2025 to shareholders of record at the close of business on March 18, 2025. About Popular, Inc. Popular, Inc. (NASDAQ:BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Popular's principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. and British Virgin Islands. Popular also offers in Puer

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  • Popular Announces Chief Executive Officer Ignacio Alvarez Will Retire on June 30, 2025; Board Appoints President & COO Javier D. Ferrer to Become Popular's Next CEO

    Popular, Inc. ("Popular" or the "Corporation") (NASDAQ:BPOP) announced today that Ignacio Alvarez will retire effective June 30, 2025 after serving as Chief Executive Officer ("CEO") since 2017. He will be succeeded by Javier D. Ferrer, currently President and Chief Operating Officer ("COO"). Richard L. Carrión, Chairman of Popular's Board of Directors, said, "The Board would like to thank Ignacio for his important contributions over the past 15 years. He joined Popular in 2010, when I was CEO, at a very challenging time for our organization and the financial industry. His counsel and support were invaluable and his highly strategic and collaborative approach quickly set him apart as a gr

    $BPOP
    Major Banks
    Finance
  • Popular Announces Appointment of Javier D. Ferrer as President and Chief Operating Officer

    Popular, Inc. (NASDAQ:BPOP) announced today that its Board of Directors appointed Javier D. Ferrer as President of Popular, Inc., in addition to his current role as Chief Operating Officer ("COO"), continuing to report directly to Ignacio Alvarez, Popular's Chief Executive Officer ("CEO"). Ferrer was also named President of Popular, Inc.'s two banking subsidiaries, Banco Popular de Puerto Rico and Popular Bank. These appointments were effective May 9, 2024. Ferrer has been with Popular since 2014, serving as Executive Vice President and COO since 2022 and previously as Executive Vice President, Chief Legal Officer and General Counsel. He has also overseen the company's strategic planning

    $BPOP
    Major Banks
    Finance
  • Popular Announces Retirement of Chief Financial Officer, Carlos J. Vázquez, and names Jorge J. García as Successor

    Popular, Inc. ("Popular" or the "Corporation") (NASDAQ:BPOP) announced today that Carlos J. Vázquez will retire effective March 31, 2024 after serving as Chief Financial Officer ("CFO") since 2013, and in other senior leadership positions since joining Popular in 1997. He will be succeeded by Jorge J. García, currently Corporate Comptroller and Chief Accounting Officer. "Carlos has been an important contributor to our financial success," said President and Chief Executive Officer Ignacio Alvarez. "On behalf of everyone at Popular, I would like to express our appreciation for Carlos' more than 25 years of service, from his steady leadership during times of economic challenges through to ou

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    Major Banks
    Finance

$BPOP
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  • Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities

    Popular, Inc. (NASDAQ:BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on March 31, 2025 to holders of record as of March 15, 2025. The Corporation also announced the following monthly distribution on its outstanding Trust Preferred Securities: a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on April 1, 2025 to holders of record as of March 15, 20

    $BPOP
    Major Banks
    Finance
  • Popular, Inc. Declares a Cash Dividend of $0.70 per Common Share

    Popular, Inc. (NASDAQ:BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.70 per share on its outstanding common stock. The dividend will be payable on April 1, 2025 to shareholders of record at the close of business on March 18, 2025. About Popular, Inc. Popular, Inc. (NASDAQ:BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Popular's principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. and British Virgin Islands. Popular also offers in Puer

    $BPOP
    Major Banks
    Finance
  • Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities

    Popular, Inc. (NASDAQ:BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on February 28, 2025 to holders of record as of February 15, 2025. The Corporation also announced the following monthly distribution on its outstanding Trust Preferred Securities: a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on March 3, 2025 to holders of record as of Februa

    $BPOP
    Major Banks
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