Popular Inc (OQ:BPOP)

Apr 05, 2024 09:15 am ET
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
The Corporation also announced the following monthly distribution on its outstanding Trust Preferred Securities:
Mar 29, 2024 09:00 am ET
Popular, Inc. to Report First Quarter Results and Hold Conference Call on Tuesday, April 23, 2024
Popular, Inc. (NASDAQ: BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2024, before the market opens on Tuesday, April 23, 2024.
Mar 05, 2024 09:15 am ET
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:
Feb 27, 2024 09:00 am ET
Popular, Inc. to Participate in the RBC Capital Markets 2024 Financial Institutions Conference
Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming RBC Capital Markets Financial Institutions Conference to be held in New York City on Tuesday March 5, 2024. Carlos J. Vázquez, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 4:00 p.m. Eastern Time.
Feb 23, 2024 07:27 am ET
Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per share on its outstanding common stock. The dividend will be payable on April 1, 2024 to shareholders of record at the close of business on March 14, 2024.
Feb 05, 2024 09:15 am ET
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:
Jan 25, 2024 07:00 am ET
Popular, Inc. Announces Fourth Quarter 2023 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $94.6 million for the quarter ended December 31, 2023, compared to net income of $136.6 million for the quarter ended September 30, 2023. Excluding the impact during the fourth quarter of the FDIC Special Assessment, adjusted net income was $139.9 million.
Jan 04, 2024 09:15 am ET
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:
Dec 29, 2023 09:00 am ET
Popular, Inc. to Report Fourth Quarter Results and Hold Conference Call on Thursday, January 25, 2024
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2023, before the market opens on Thursday, January 25, 2024.
Dec 11, 2023 08:38 am ET
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.
Dec 04, 2023 09:15 am ET
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:
Dec 01, 2023 01:29 pm ET
Banco Popular De Puerto Rico Named “Bank of the Year Puerto Rico” by The Banker Magazine
Popular, Inc. (NASDAQ: BPOP) announced that Banco Popular de Puerto Rico (BPPR) was selected as “Bank of the Year Puerto Rico” by The Banker, The Financial Times’ international banking magazine. BPPR has received this prestigious recognition eleven times since the award’s inception in 1998.
Nov 16, 2023 09:40 am ET
Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share, an Increase of $0.07 from its Prior Quarterly Common Stock Dividend of $0.55
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per share on its outstanding common stock. The dividend will be payable on January 2, 2024 to shareholders of record at the close of business on December 7, 2023.
Nov 03, 2023 09:15 am ET
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:
Oct 26, 2023 08:00 am ET
Popular, Inc. Announces Third Quarter 2023 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $136.6 million for the quarter ended September 30, 2023, including an after-tax goodwill impairment charge in our U.S. based equipment leasing subsidiary of $16.4 million, compared to net income of $151.2 million for the quarter ended June 30, 2023.
Oct 03, 2023 09:15 am ET
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:
Oct 03, 2023 09:00 am ET
Myrna Soto Joins Huntress’ Board of Directors
Huntress, the managed security platform for small and mid-sized businesses (SMBs) and the managed service providers that support them, today announced that industry veteran Myrna Soto, who has more than three decades of experience in corporate...
Sep 29, 2023 09:00 am ET
Popular, Inc. to Report Third Quarter Results and Hold Conference Call on Thursday, October 26, 2023
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the third quarter ending September 30, 2023, before the market opens on Thursday, October 26, 2023.
Sep 06, 2023 08:45 am ET
Future Capital and Banco Popular de Puerto Rico Join Forces to Enhance Retirement Solutions
Future Capital, a leading WealthTech solution specializing in personalized services for workplace retirement plan participants, and Banco Popular de Puerto Rico (“Popular”), a prominent and trusted financial institution based in San Juan, Puerto Rico, are thrilled to announce that Popular will leverage Future Capital’s advanced digital tools, customized 401(k) managed account solutions, and personalized guidance services with their advisors, plan sponsors, and plan participants across Puerto Rico and the United States.
Sep 05, 2023 10:00 am ET
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:
Aug 18, 2023 12:01 pm ET
Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on October 2, 2023 to shareholders of record at the close of business on September 8, 2023.
Aug 03, 2023 10:15 am ET
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:
Jul 26, 2023 08:00 am ET
Popular, Inc. Announces Second Quarter 2023 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $151.2 million for the quarter ended June 30, 2023, compared to net income of $159.0 million for the quarter ended March 31, 2023.
Jul 14, 2023 04:32 pm ET
Popular, Inc. Announces Redemption of Senior Notes Due 2023
Popular, Inc. (“Popular”) (NASDAQ: BPOP) announced today that it has delivered a redemption notice to The Bank of New York Mellon, as trustee, to redeem, on August 14, 2023 (the “Redemption Date”), all outstanding $300,000,000 aggregate principal amount of the 6.125% Senior Notes due 2023 (the “2023 Notes”) issued by Popular. The redemption price for the 2023 Notes will be a price equal to 100% of the principal amount of the 2023 Notes to be so redeemed, plus accrued and unpaid interest to the Redemption Date (the “Redemption Price”).
Jul 03, 2023 10:15 am ET
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:
Jun 30, 2023 09:00 am ET
Popular, Inc. to Report Second Quarter Results and Hold Conference Call on Wednesday, July 26, 2023
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the second quarter ending June 30, 2023, before the market opens on Wednesday, July 26, 2023.
Jun 02, 2023 09:46 am ET
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:
May 11, 2023 11:58 am ET
May 04, 2023 10:15 am ET
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:
Apr 26, 2023 10:59 am ET
AM Best Affirms Credit Ratings of Popular Life Re
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Popular Life Re (PLRe) (Puerto Rico). PLRe is a life insurance subsidiary of its ultimate parent, Popular, Inc. [NASDAQ: BPOP], a publicly traded bank holding company based in Puerto Rico. The outlook of these Credit Ratings (ratings) is stable.
Apr 26, 2023 08:00 am ET
Popular, Inc. Announces First Quarter 2023 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $159.0 million for the quarter ended March 31, 2023, compared to net income of $257.1 million for the quarter ended December 31, 2022. Excluding the effects of the partial release of $68.2 million of the deferred tax asset valuation allowance, the net income for the fourth quarter was $188.9 million.
Apr 04, 2023 04:21 pm ET
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:
Mar 31, 2023 09:00 am ET
Popular, Inc. to Report First Quarter Results and Hold Conference Call on Wednesday, April 26, 2023
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2023, before the market opens on Wednesday, April 26, 2023.
Mar 09, 2023 08:30 am ET
Popular, Inc. Announces Pricing of Public Offering of $400,000,000 Principal Amount of Its 7.25% Senior Notes Due 2028
Popular, Inc. (“Popular”) (NASDAQ:BPOP) announced today that it has agreed to sell an aggregate of $400,000,000 principal amount of its 7.25% Senior Notes due 2028 (the “Senior Notes”). Popular intends to use the net proceeds from the offering to redeem or repay in full the $300 million aggregate principal amount of its outstanding 6.125% Senior Notes due on September 14, 2023 (the “2023 Senior Notes”).
Mar 03, 2023 09:15 am ET
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:
Feb 28, 2023 10:03 am ET
Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on April 3, 2023 to shareholders of record at the close of business on March 20, 2023.
Feb 03, 2023 09:30 am ET
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:
Jan 25, 2023 07:30 am ET
Popular, Inc. Announces Fourth Quarter 2022 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $257.1 million for the quarter ended December 31, 2022, compared to net income of $422.4 million for the quarter ended September 30, 2022. Excluding the effects of the partial release of $68.2 million of the deferred tax asset valuation allowance, the net income for the fourth quarter was $188.9 million. The net income for the third quarter was $195.8 million after excluding the impact of the completed Evertec Transactions (as defined below) and related accounting adjustments.
Jan 04, 2023 09:15 am ET
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:
Dec 29, 2022 11:15 am ET
Popular, Inc. to Report Fourth Quarter Results and Hold Conference Call on Wednesday, January 25, 2023
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2022, before the market opens on Wednesday, January 25, 2023.
Dec 05, 2022 09:55 am ET
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:
Nov 16, 2022 10:31 am ET
Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on January 3, 2023 to shareholders of record at the close of business on December 7, 2022.
Nov 04, 2022 09:15 am ET
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:
Oct 26, 2022 08:00 am ET
Popular, Inc. Announces Third Quarter 2022 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $422.4 million for the quarter ended September 30, 2022, compared to net income of $211.4 million for the quarter ended June 30, 2022. Excluding the effects of the previously announced Evertec Transactions completed during the third quarter, net income was $195.8 million
Oct 14, 2022 09:31 pm ET
CORRECTING and REPLACING Popular, Inc. to Report Third Quarter Results and Hold Conference Call on Wednesday, October 26, 2022
Fourth paragraph, end of second sentence of release dated Sept. 30, 2022 should read: ...available one hour after the end of the conference call through Thursday, November 24, 2022. (instead of ...available one hour after the end of the conference call through Thursday, August 25, 2022.).
Oct 13, 2022 09:00 am ET
Popular, Inc. to Participate in the BancAnalysts Association of Boston Conference
Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming BancAnalysts Association of Boston (BAAB) Conference. Carlos J. Vázquez, Executive Vice President and Chief Financial Officer of Popular, Inc., is scheduled to speak on Friday, November 4, 2022 at 9:00 a.m. Eastern Time.
Oct 04, 2022 09:15 am ET
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:
Sep 30, 2022 11:57 am ET
Popular, Inc. to Report Third Quarter Results and Hold Conference Call on Wednesday, October 26, 2022
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the third quarter ending September 30, 2022, before the market opens on Wednesday, October 26, 2022.
Sep 02, 2022 02:11 pm ET
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:
Aug 25, 2022 08:31 am ET
Popular Announces Entry into $231 Million Accelerated Share Repurchase Agreement
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that on August 24, 2022 it entered into an accelerated share repurchase agreement (the “ASR Agreement”) to repurchase an aggregate of $231 million of Popular’s common stock.
Aug 17, 2022 10:25 am ET
Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on October 3, 2022 to shareholders of record at the close of business on September 7, 2022.
Aug 15, 2022 04:07 pm ET
Popular Sells Shares of EVERTEC in Secondary Public Offering and in Private Sale to EVERTEC
Popular, Inc. (“Popular”) (NASDAQ:BPOP) completed the sale of its remaining 7,065,634 shares (the “Shares”) of common stock of EVERTEC, Inc. (“EVERTEC”) (NYSE:EVTC). Popular sold 6,262,293 of the Shares in an underwritten public offering of EVERTEC’s common stock. J.P. Morgan Securities LLC acted as sole book-running manager, BofA Securities, Goldman Sachs & Co. LLC and Morgan Stanley acted as lead managers and Hovde Group, LLC, Keefe, Bruyette & Woods, A Stifel Company, Piper Sandler and PNC Capital Markets LLC acted as co-managers for the underwritten public offering. Concurrently wit
Aug 05, 2022 09:00 am ET
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:
Jul 28, 2022 08:00 am ET
Popular, Inc. Announces Second Quarter 2022 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $211.4 million for the quarter ended June 30, 2022, compared to net income of $211.7 million for the quarter ended March 31, 2022.
Jul 01, 2022 12:15 pm ET
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:
Jul 01, 2022 08:00 am ET
Popular Completes Acquisition of Key Customer Channels and Enters into Amended Commercial Contracts with Evertec
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that its wholly owned subsidiary, Banco Popular de Puerto Rico (“BPPR”), has completed its previously announced acquisition of certain assets and assumption of certain liabilities used by Evertec Group, LLC (“Evertec Group”), a wholly owned subsidiary of Evertec, Inc. (“Evertec”) (NYSE: EVTC), to service certain BPPR channels.
Jun 30, 2022 09:00 am ET
Popular, Inc. to Report Second Quarter Results and Hold Conference Call on Thursday, July 28, 2022
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the second quarter ending June 30, 2022, before the market opens on Thursday, July 28, 2022.
Jun 03, 2022 09:46 am ET
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:
May 12, 2022 11:40 am ET
Popular, Inc. Declares a Cash Dividend of $0.55 Per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on July 1, 2022 to shareholders of record at the close of business on June 2, 2022.
May 05, 2022 08:00 am ET
Popular Bank Appoints Bertha Rozier to Lead Retail and Transformation
Popular Bank, a subsidiary of Popular, Inc. (NASDAQ: BPOP) announced the appointment of Bertha Rozier as SVP of Retail Banking and US Transformation. In this role, Ms. Rozier will continue to grow the Bank’s retail business, leveraging her experience leading multi-disciplinary business units and her expertise in marketing, product and customer experi
May 04, 2022 11:54 am ET
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:
May 03, 2022 04:19 pm ET
Popular to Build New Corporate Campus in Hato Rey
Popular announced today that it is set to begin the construction of several office buildings in Hato Rey with the goal of creating a corporate campus to centralize a significant part of its operations. The new facilities will serve as a competitive tool to develop, retain, and attract the best talent and to better serve clients. The institution will invest over $300 million in the project with construction to take place until 2026.
Apr 26, 2022 08:00 am ET
Popular, Inc. Announces First Quarter 2022 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $211.7 million for the quarter ended March 31, 2022, compared to net income of $206.1 million for the quarter ended December 31, 2021.
Apr 05, 2022 12:53 pm ET
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:
Mar 31, 2022 09:00 am ET
Popular, Inc. to Report First Quarter Results and Hold Conference Call on Tuesday, April 26, 2022
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2022, before the market opens on Tuesday, April 26, 2022.
Mar 24, 2022 08:38 am ET
AM Best Affirms Credit Ratings of Popular Life Re
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) of Popular Life Re (PLRe) (Puerto Rico). PLRe is a life insurance subsidiary of its ultimate parent, Popular, Inc. [NASDAQ: BPOP], a publicly traded bank holding company based in Puerto Rico. The outlook of these Credit Ratings (ratings) is stable.
Mar 04, 2022 11:00 am ET
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:
Mar 01, 2022 08:00 am ET
Popular Announces Entry into $400 Million Accelerated Share Repurchase Agreement
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that on February 28, 2022 it entered into an accelerated share repurchase agreement (the “ASR Agreement”) to repurchase an aggregate of $400 million of Popular’s common stock. Popular previously disclosed in a press release on January 12, 2022 its plan to repurchase up to $500 million of its common stock as part of its planned capital actions for 2022.
Feb 24, 2022 04:06 pm ET
Popular Enters into Agreement to Acquire Key Customer Channels; Renegotiates Existing Commercial Contracts with Evertec
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today its entry, along with its wholly owned subsidiary, Banco Popular de Puerto Rico (“BPPR”), into a definitive agreement with Evertec, Inc. (“Evertec”) and Evertec Group, LLC, a wholly owned subsidiary of Evertec, to acquire assets and assume liabilities used by Evertec to service certain BPPR channels. Popular expects the acquisition will accelerate the Corporation’s ongoing digital transformation and continue improving the experience of its clients.
Feb 24, 2022 02:22 pm ET
Popular, Inc. to Participate in the RBC Capital Markets 2022 Financial Institutions Conference
Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming RBC Capital Markets Financial Institutions Conference which will be held virtually on Wednesday March 9, 2022. Carlos J. Vázquez, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 10:00 a.m. Eastern Time.
Feb 23, 2022 10:55 am ET
Popular, Inc. Declares a Cash Dividend of $0.55 Per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on April 1, 2022 to shareholders of record at the close of business on March 15, 2022.
Feb 04, 2022 10:00 am ET
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:
Jan 27, 2022 07:00 am ET
Popular, Inc. Announces Fourth Quarter 2021 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $206.1 million for the quarter ended December 31, 2021, compared to net income of $248.1 million for the quarter ended September 30, 2021.
Jan 20, 2022 08:05 am ET
Popular Bank Appoints Adam Dejak to Lead Residential Mortgage Lending Division
Popular Bank, a subsidiary of Popular, Inc. (NASDAQ: BPOP) announced the appointment of Adam E. Dejak as National Director of Residential Lending for Popular Mortgage. Mr. Dejak will oversee the bank’s residential mortgage business and will be responsible for driving growth and development of the entire program, cultivating talent and continuing to e
Jan 12, 2022 08:30 am ET
Popular Announces Capital Actions
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today the following capital actions:
Jan 05, 2022 09:30 am ET
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:
Dec 30, 2021 07:59 am ET
Popular, Inc. to Report Fourth Quarter Results and Hold Conference Call on Thursday, January 27, 2022
Popular, Inc. (NASDAQ: BPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2021, before the market opens on Thursday, January 27, 2022.
Dec 08, 2021 09:15 am ET
Popular Bank’s Easy Access Checking Receives Certification by Banking Advocates as a Safe, Affordable Account
Popular Bank, a subsidiary of Popular, Inc. (NASDAQ: BPOP) announced that its consumer Popular Easy Acces
Dec 03, 2021 10:36 am ET
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:
Dec 02, 2021 09:00 am ET
Financial Times’ The Banker Magazine Selects Banco Popular De Puerto Rico “Bank of the Year - Puerto Rico”
Popular, Inc. (NASDAQ: BPOP) announced that Banco Popular de Puerto Rico (BPPR), its Puerto Rico-based banking subsidiary, was selected “Bank of the Year - Puerto Rico” by The Banker, The Financial Times’ international banking magazine. BPPR has received this notable recognition for eight consecutive years.
Nov 18, 2021 05:09 pm ET
“Ellas, Mujeres en la Música” a Music Production Celebrating Women's Influence
Popular proudly presents “Ellas, Mujeres en la Música,” the 29th music special. This year Popular has collaborated with filmmaker Noelia Quintero Herencia, who helped capture the influence women have on the music in and outside of Puerto Rico. The special recognizes the special contributions that women make.
Nov 16, 2021 10:32 am ET
Popular, Inc. Declares a Cash Dividend of $0.45 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.45 per share on its outstanding common stock. The dividend will be payable on January 3, 2022 to shareholders of record at the close of business on December 7, 2021.
Nov 04, 2021 11:43 am ET
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:
Oct 27, 2021 08:15 am ET
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
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) today announced the appointment of Javier D. Ferrer as the Corporation’s Chief Operating Officer (“COO”) and Head of Business Strategy. In this capacity, he will have overarching responsibility for all of Popular’s business units, including its Puerto Rico and U.S.-based Retail Banking, Individual Credit, Commercial Credit, Financial and Insurance Service units, overseeing their day-to-day operations and long-term strategy. Ferrer will report to President and Chief Executive Officer Ignacio Alvarez.
Oct 20, 2021 08:00 am ET
Popular, Inc. Announces Third Quarter 2021 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $248.1 million for the quarter ended September 30, 2021, compared to net income of $218.1 million for the quarter ended June 30, 2021.
Oct 04, 2021 12:22 pm ET
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:
Oct 01, 2021 12:36 pm ET
Popular, Inc. to Report Third Quarter Results and Hold Conference Call on Wednesday, October 20, 2021
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the third quarter ending September 30, 2021, before the market opens on Wednesday, October 20, 2021.
Sep 30, 2021 08:30 am ET
Popular, Inc. Announces Redemption of 6.70% Cumulative Monthly Income Trust Preferred Securities
Popular, Inc. (“Popular”) (NASDAQ: BPOP) announced today that it has sent a redemption notice to The Bank of New York Mellon, the Property Trustee for Popular Capital Trust I (the “Trust”), to redeem, on November 1, 2021, all outstanding 6.70% Cumulative Monthly Income Trust Preferred Securities (the “Capital Securities”) issued by the Trust (liquidation amount of $25 per security and amounting to $186,663,800 (or $181,063,250 after excluding Popular’s participation in the Trust of $5,600,550) in the aggregate). The redemption price for the Capital Securities will be equal to $25 per security
Sep 03, 2021 10:58 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Aug 20, 2021 10:24 am ET
Popular, Inc. Declares a Cash Dividend of $0.45 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.45 per share on its outstanding common stock. The dividend will be payable on October 1, 2021 to shareholders of record at the close of business on September 10, 2021.
Aug 05, 2021 11:52 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Aug 03, 2021 08:00 am ET
Popular, Inc. to Participate in the upcoming UBS Financial Services Virtual Conference
Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming UBS Financial Services Virtual Conference on Wednesday, August 11, 2021. Carlos J. Vázquez, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 3:00 p.m. Eastern Time.
Jul 22, 2021 08:00 am ET
Popular, Inc. Announces Second Quarter 2021 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $218.1 million for the quarter ended June 30, 2021, compared to net income of $262.6 million for the quarter ended March 31, 2021.
Jul 21, 2021 09:00 am ET
Popular Formalizes Its ESG Priorities and Furthers Sustainable Investment
Firm in its commitment to its customers, employees, communities, and shareholders, and mindful of its responsibility as Puerto Rico's leading banking institution, Popular announced through its second annual sustainability report, the evolution of its community efforts toward a corporate sustainability vision that considers the corporation's environmental, social, and governance (ESG) impact.
Jul 02, 2021 02:24 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Jun 29, 2021 04:20 pm ET
CORRECTING and REPLACING Popular, Inc. to Report Second Quarter Results and Hold Conference Call on Thursday, July 22, 2021
Headline and first paragraph of release should reference: second quarter results (instead of first quarter results).
Jun 29, 2021 03:25 pm ET
Popular, Inc. to Report First Quarter Results and Hold Conference Call on Thursday, July 22, 2021
Popular, Inc. (NASDAQ: BPOP) announced today that it expects to report its financial results for the first quarter ending June 30, 2021, before the market opens on Thursday, July 22, 2021.
Jun 25, 2021 08:48 am ET
Popular Appoints Betty DeVita and José R. Rodríguez to Board of Directors
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that its Board of Directors appointed Betty DeVita and José R. Rodríguez as independent directors of the Corporation, effective June 25, 2021.
Jun 15, 2021 10:07 am ET
Popular Originated $2.1 Billion in Loans Under the SBA Paycheck Protection Program
Popular, Inc., (Nasdaq: BPOP), today announced that, upon completion of the second round of the Paycheck Protection Program (PPP) on May 31, 2021, it had processed nearly 50,000 loans, originating $2.1 billion in both rounds of the program.
Jun 04, 2021 10:31 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
May 06, 2021 11:49 am ET
Popular, Inc. Declares a Cash Dividend of $0.45 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.45 per share on its outstanding common stock. The dividend will be payable on July 1, 2021 to shareholders of record at the close of business on May 26, 2021.
May 03, 2021 01:00 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
May 03, 2021 08:30 am ET
Popular Announces Entry into $350 Million Accelerated Share Repurchase Agreement
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that it has entered into an accelerated share repurchase agreement (the “ASR Agreement”) to repurchase an aggregate of $350 million of Popular’s common stock. Popular previously disclosed in a press release on April 12, 2021 its plan to repurchase up to $350 million of its common stock as part of its planned capital actions for 2021.
Apr 28, 2021 08:00 am ET
Popular, Inc. Announces First Quarter 2021 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $262.6 million for the quarter ended March 31, 2021, compared to net income of $176.3 million for the quarter ended December 31, 2020.
Apr 12, 2021 08:30 am ET
Popular Announces Capital Actions
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today the following capital actions:
Apr 01, 2021 08:30 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Mar 30, 2021 08:00 am ET
Popular, Inc. to Report First Quarter Results and Hold Conference Call on Wednesday, April 28, 2021
Popular, Inc. (NASDAQ: BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2021, before the market opens on Wednesday, April 28, 2021.
Mar 04, 2021 01:00 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Mar 01, 2021 07:30 am ET
Popular, Inc. to Participate in the RBC Capital Markets 2021 Financial Institutions Conference
Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming RBC Capital Markets Financial Institutions Conference which will be held virtually on Tuesday March 9, 2021. Ignacio Alvarez, President and Chief Executive Officer and Carlos J. Vázquez, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 3:20 p.m. Eastern Time.
Feb 26, 2021 10:03 am ET
Popular, Inc. Declares a Cash Dividend of $0.40 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.40 per share on its outstanding common stock. The dividend will be payable on April 1, 2021 to shareholders of record at the close of business on March 18, 2021.
Feb 05, 2021 08:00 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Feb 02, 2021 01:23 pm ET
KILL Popular, Inc. Declares Dividend on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. requests that their press release NewsItemId: 20210202005855 “Popular, Inc. Declares Dividend on Preferred Stock, Announces Distribution on Trust Preferred Securities” be killed.
Feb 02, 2021 10:53 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Jan 28, 2021 07:00 am ET
Popular, Inc. Announces Fourth Quarter 2020 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $176.3 million for the quarter ended December 31, 2020, compared to net income of $168.4 million for the quarter ended September 30, 2020.
Jan 04, 2021 01:49 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Dec 28, 2020 03:18 pm ET
Popular, Inc. to Report Fourth Quarter Results and Hold Conference Call on Thursday, January 28, 2021
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the third quarter ending December 31, 2020, before the market opens on Thursday, January 28, 2021.
Dec 04, 2020 11:00 am ET
Banco Popular de Puerto Rico Named “Bank of the Year in Puerto Rico” for the Seventh Consecutive Year by Financial Times’ the Banker Magazine
Popular, Inc. (NASDAQ: BPOP) announced Banco Popular de Puerto Rico (BPPR), its principal banking subsidiary, was named “Bank of the Year Puerto Rico” by The Banker, The Financial Times’ international banking magazine. This marks the seventh consecutive year BPPR has received this prestigious recognition.
Dec 04, 2020 08:30 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Nov 19, 2020 10:10 am ET
Popular, Inc. Declares a Cash Dividend of $0.40 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.40 per share on its outstanding common stock. The dividend will be payable on January 4, 2021 to shareholders of record at the close of business on December 11, 2020.
Nov 18, 2020 04:00 pm ET
Popular Announces Its New Music Special Titled "Somos música" (We are music)
The COVID-19 pandemic has touched everyone's lives in and outside of Puerto Rico. Through singers and other characters, Popular's new musical production "Somos música" tells stories that tie songs to scenes of moments caused by the pandemic. ‘Somos música’ will be broadcast on Sunday, December 6 at 8 p.m. on the main channels in Puerto Rico and on the Internet through Somosmúsica.com.
Nov 02, 2020 11:34 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Oct 28, 2020 08:00 am ET
Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support
Popular, Inc. (“Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. As part of the realignment, select branches of Popular Bank will be consolidated, resulting in 11 branch closures.
Oct 28, 2020 08:00 am ET
Popular, Inc. Announces Third Quarter 2020 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $168.4 million for the quarter ended September 30, 2020, compared to net income of $127.6 million for the quarter ended June 30, 2020.
Oct 01, 2020 04:01 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Sep 30, 2020 03:37 pm ET
Popular, Inc. to Report Third Quarter Results and Hold Conference Call on Wednesday, October 28, 2020
Popular, Inc. (NASDAQ: BPOP) announced today that it expects to report its financial results for the third quarter ending September 30, 2020, before the market opens on Wednesday, October 28, 2020.
Sep 04, 2020 12:50 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Aug 18, 2020 10:03 am ET
Popular, Inc. Declares a Cash Dividend of $0.40 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.40 per share on its outstanding common stock. The dividend will be payable on October 1, 2020 to shareholders of record at the close of business on September 8, 2020.
Aug 04, 2020 01:51 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Jul 23, 2020 08:00 am ET
Popular, Inc. Announces Second Quarter 2020 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $127.6 million for the quarter ended June 30, 2020, compared to net income of $34.3 million for the quarter ended March 31, 2020.
Jul 08, 2020 05:17 pm ET
Popular Updates Loans Granted Under the SBA Payroll Protection Program (PPP)
Popular announced today that as of June 30, 2020, it had originated $928 million in loans during the second round of the Small Business Administration (SBA) Paycheck Protection Program (PPP). This amount, along with the $496 million closed in the first round of the PPP, results in $1.424 billion in loans made under the program at such date. Popular generated $1.18 billion in Puerto Rico, $215 million in the mainland United States, and $29 million in the U.S. Virgin Islands.
Jul 02, 2020 11:53 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Jun 30, 2020 11:34 am ET
Popular, Inc. to Report Second-Quarter Results and Hold Conference Call on Thursday, July 23, 2020
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the second quarter ending June 30, 2020, before the market opens on Thursday, July 23, 2020.
Jun 23, 2020 11:00 am ET
Banco Popular’s Digital Platform Reaches One Million Users During the Pandemic
Banco Popular reported today that its digital platform Mi Banco has reached one million monthly active users. This unprecedented figure demonstrates Popular's leadership in digital banking for the Island. “Reaching one million active users of Mi Banco is a great honor, as it reflects the trust that customers have in our digital solutions," said Camille Burckhart, Chief Officer of Innovation, Technology & Operations at Popular, Inc.
Jun 04, 2020 03:09 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
May 27, 2020 05:22 pm ET
Popular Completes $500 Million Accelerated Share Repurchase Transaction
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that the Corporation has completed its $500 million accelerated share repurchase transaction (“ASR”) for 2020 with respect to its common stock. As previously disclosed, on March 19, 2020 (the “early termination date”), the dealer counterparty to the ASR exercised its right under the ASR agreement to terminate the transaction because the trading price of the Corporation’s common stock fell below a specified level due to the effects of the COVID-19 pandemic on the global markets. As a result of such early termination,
May 12, 2020 11:48 am ET
Popular, Inc. Declares a Cash Dividend of $0.40 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.40 per share on its outstanding common stock. The dividend will be payable on July 1, 2020 to shareholders of record at the close of business on June 2, 2020.
May 05, 2020 04:50 pm ET
Popular Has Processed $1.2 Billion in SBA Loans
Popular announced today that, as of May 1, it had processed $1.2 billion in loans in the two rounds of the Small Business Administration’s (SBA) Paycheck Protection Program (PPP).
May 04, 2020 01:30 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Apr 30, 2020 08:00 am ET
Popular, Inc. Announces First Quarter 2020 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $34.3 million for the quarter ended March 31, 2020, compared to net income of $166.8 million for the quarter ended December 31, 2019.
Apr 24, 2020 11:55 am ET
Popular, Inc. Announces Change of Location for its 2020 Annual Meeting of Shareholders
Popular, Inc. (NASDAQ: BPOP) announced today a change in the location of its 2020 Annual Meeting of Shareholders (the “Annual Meeting”). Due to the ongoing public health impact of the coronavirus (COVID-19) pandemic and in an effort to protect the health and well-being of Popular’s shareholders, directors, employees and communities, the Annual Meeting will be held solely by means of remote communication, in a virtual meeting format only. The previously announced date and time of the meeting (May 12, 2020 at 9:00 a.m. Atlantic Standard Time) has not changed. Shareholders of record as of the clo
Apr 21, 2020 10:44 am ET
Popular, Inc. to Report First-Quarter Results and Hold Conference Call on Thursday, April 30, 2020
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2020, before the market opens on Thursday, April 30, 2020.
Apr 02, 2020 09:53 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Mar 04, 2020 10:37 am ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Feb 28, 2020 11:11 am ET
Popular, Inc. Declares a Cash Dividend of $0.40 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.40 per share on its outstanding common stock. The dividend will be payable on April 1, 2020 to shareholders of record at the close of business on March 19, 2020.
Feb 27, 2020 02:50 pm ET
Popular, Inc. to Participate in the RBC Capital Markets 2020 Financial Institutions Conference
Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming RBC Capital Markets 2020 Financial Institutions Conference to be held in New York City on Wednesday, March 11, 2020. Carlos J. Vázquez, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 12:00 p.m. Eastern Time.
Feb 03, 2020 03:39 pm ET
Popular, Inc. Declares Dividend on Preferred Stock, 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:
Jan 31, 2020 08:28 am ET
Popular Announces Entry into $500 Million Accelerated Share Repurchase Agreement
Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that it has entered into an accelerated share repurchase agreement (the “ASR Agreement”) to repurchase an aggregate of $500 million of Popular’s common stock. Popular previously disclosed in a press release on January 9, 2020 its plan to repurchase up to $500 million of its common stock as part of its planned capital actions for 2020.
Jan 28, 2020 08:00 am ET
Popular, Inc. Announces Fourth Quarter 2019 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $166.8 million for the quarter ended December 31, 2019, compared to net income of $165.3 million for the quarter ended September 30, 2019.
Jan 24, 2020 01:09 pm ET
Popular Announces Redemption of its Series B Preferred Stock
Popular, Inc. (“Popular” or the “Company”) (NASDAQ: BPOP) today announced that it has elected to redeem all of the outstanding shares of the Company’s 8.25% Non-Cumulative Monthly Income Preferred Stock, Series B (“Series B Preferred Stock”). As of January 24, 2020, there are approximately 1,120,665 shares outstanding of the Series B Preferred Stock.
Jan 09, 2020 09:21 am ET
Popular Announces 2020 Planned Capital Actions
Popular, Inc. (“Popular” or the “Company”) (NASDAQ: BPOP) announced today the following planned capital actions for 2020:
Jan 03, 2020 10:01 am ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Dec 31, 2019 09:15 am ET
Popular, Inc. to Report Fourth-Quarter Results and Hold Conference Call on Tuesday, January 28, 2020
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2019, before the market opens on Tuesday, January 28, 2020.
Dec 13, 2019 10:30 am ET
William J. Teuber, Jr. to Retire from Popular, Inc. Board of Directors
Popular, Inc. (NASDAQ: BPOP) announced today that William J. Teuber, Jr. informed the Board of Directors on December 12, 2019 of his decision to retire as a director of the Corporation, effective December 31, 2019.
Dec 10, 2019 10:29 am ET
Popular, Inc. Statement on Raging Capital Management Letter to Board of Directors
Popular, Inc. (NASDAQ: BPOP) confirmed that the letter that Raging Capital Management publicly released on December 9, 2019 has been received and shared with the Popular Board of Directors. Popular always seeks to maintain an open and constructive dialogue with its shareholders. Popular will review the publicly-released letter that Raging Capital Management sent to the Popular Board.
Dec 04, 2019 07:00 am ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Dec 03, 2019 09:00 am ET
Banco Popular De Puerto Rico Named “Bank of the Year in Puerto Rico” by Financial Times’ The Banker
Popular, Inc. (NASDAQ: BPOP) announced Banco Popular de Puerto Rico, its banking subsidiary, has been named “Bank of the Year Puerto Rico” by The Banker, The Financial Times’ international banking magazine. This marks the sixth consecutive year Banco Popular de Puerto Rico has received this prestigious recognition.
Nov 14, 2019 09:49 am ET
Popular, Inc. Declares a Cash Dividend of $0.30 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 per share on its outstanding common stock. The dividend will be payable on January 2, 2020 to shareholders of record at the close of business on December 5, 2019.
Nov 04, 2019 06:49 am ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Oct 23, 2019 08:00 am ET
Popular, Inc. Announces Third Quarter 2019 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $165.3 million for the quarter ended September 30, 2019, compared to net income of $171.1 million for the quarter ended June 30, 2019.
Oct 03, 2019 08:13 am ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Sep 30, 2019 01:23 pm ET
Popular, Inc. to Report Third-Quarter Results and Hold Conference Call on Wednesday, October 23, 2019
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the third quarter ending September 30, 2019, before the market opens on Wednesday, October 23, 2019.
Sep 04, 2019 10:45 am ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Aug 23, 2019 11:29 am ET
Popular, Inc. Declares a Cash Dividend of $0.30 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 per share on its outstanding common stock. The dividend will be payable on October 1, 2019 to shareholders of record at the close of business on September 13, 2019.
Aug 05, 2019 03:14 pm ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Jul 24, 2019 08:00 am ET
Popular, Inc. Announces Second Quarter 2019 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $171.1 million for the quarter ended June 30, 2019, compared to net income of $167.9 million for the quarter ended March 31, 2019.
Jul 02, 2019 02:37 pm ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Jun 28, 2019 11:33 am ET
Popular Announces Richard L. Carrión’s Transition from Executive Chairman to Non-Executive Chairman of the Board of Directors
Popular, Inc. (NASDAQ: BPOP) announced today that Richard L. Carrión will transition from his current role of Executive Chairman to non-executive Chairman of the Board of Directors, effective July 1, 2019. Carrión was named Executive Chairman on July 1, 2017, after serving as CEO of Popular for 26 years, a role in which he was succeeded by Ignacio Alvarez.
Jun 26, 2019 03:56 pm ET
Popular, Inc. to Report Second-Quarter Results and Hold Conference Call on Wednesday, July 24, 2019
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the second quarter ending June 30, 2019, before the market opens on Wednesday, July 24, 2019.
Jun 04, 2019 04:40 pm ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
May 07, 2019 11:24 am ET
Popular, Inc. Declares a Cash Dividend of $0.30 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 per share on its outstanding common stock. The dividend will be payable on July 1, 2019 to shareholders of record at the close of business on May 28, 2019.
May 03, 2019 12:53 pm ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Apr 18, 2019 08:00 am ET
Popular, Inc. Announces First Quarter 2019 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $167.9 million for the first quarter ended March 31, 2019, compared to net income of $106.4 million and adjusted net income of $134.1 million for the fourth quarter ended December 31, 2018.
Apr 03, 2019 02:07 pm ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Mar 27, 2019 02:50 pm ET
Popular, Inc. to Report First-Quarter Results and Hold Conference Call on Thursday, April 18, 2019
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2019, before the market opens on Thursday, April 18, 2019.
Mar 25, 2019 07:30 am ET
Report: Exploring Fundamental Drivers Behind M.D.C., salesforce.com, inc, Citrix, Match Group, Sangamo Therapeutics, and Popular — New Horizons, Emerging Trends, and Upcoming Developments
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of M.D.C. Holdings, Inc. (NYSE:MDC), salesforce.com, inc. (NYSE:CRM),...
Mar 05, 2019 04:26 pm ET
Popular, Inc. to Participate in the RBC Capital Markets 2019 Financial Institutions Conference
Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming RBC Capital Markets 2019 Financial Institutions Conference to be held in New York City on Tuesday, March 12, 2019. Carlos J. Vázquez, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 3:20 p.m. Eastern Time.
Mar 01, 2019 04:06 pm ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Feb 15, 2019 09:53 am ET
Popular, Inc. Declares a Cash Dividend of $0.30 per Common Share
Popular, Inc. (NASDAQ:BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 per share on its outstanding common stock. The dividend will be payable on April 1, 2019 to shareholders of record at the close of business on March 8, 2019.
Feb 07, 2019 10:59 am ET
AM Best Affirms Credit Ratings of Popular Life Re
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Popular Life Re (PLRE) (Puerto Rico). PLRE is a life insurance subsidiary of its ultimate parent, Popular, Inc. [NASDAQ: BPOP], a publicly traded bank holding company based in Puerto Rico. The outlook of these Credit Ratings (ratings) is stable.
Feb 05, 2019 10:02 am ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Jan 23, 2019 08:00 am ET
Popular, Inc. Announces Fourth Quarter 2018 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported a net income of $106.4 million and an adjusted net income of $134.1 million for the fourth quarter ended December 31, 2018, compared to a net income of $140.6 million for the third quarter ended September 30, 2018.
Jan 23, 2019 07:55 am ET
Popular Announces Planned Capital Actions
Popular, Inc. (“Popular” or the “Company”) (NASDAQ: BPOP) announced today the following planned capital actions:
Jan 09, 2019 09:00 am ET
Popular, Inc. to Report Fourth-Quarter Results and Hold Conference Call on Wednesday, January 23, 2019
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the fourth quarter and full year ending December 31, 2018, before the market opens on Wednesday, January 23, 2019.
Jan 03, 2019 11:49 am ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ:BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Dec 17, 2018 03:13 pm ET
Popular Names Robert Carrady to Board of Directors
Popular, Inc. (“Popular") (NASDAQ:BPOP) announced today that its Board of Directors elected Robert Carrady as an independent director of the company, effective January 1, 2019. Mr. Carrady was also appointed as a member of the Risk Management Committee of the Board.
Dec 06, 2018 11:53 am ET
Financial Times’ The Banker Magazine Recognizes Banco Popular De Puerto Rico as a Leading “Bank of the Year Americas” for the Fifth Consecutive Year
Popular, Inc. (NASDAQ: BPOP) announced that for the fifth consecutive year, Banco Popular de Puerto Rico, its banking subsidiary, was recognized as a leading “Bank of the Year Americas” by The Banker, an international banking magazine published by Financial Times, Ltd.
Dec 04, 2018 12:16 pm ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Nov 20, 2018 03:54 pm ET
Popular Appoints Investor Relations Officer
Popular, Inc. (“Popular”) (NASDAQ: BPOP) announced today the appointment of Mr. Paul J. Cardillo as Investor Relations Officer of Popular. Mr. Cardillo will report to Popular’s Chief Financial Officer, Mr. Carlos J. Vázquez.
Nov 14, 2018 09:24 am ET
Popular, Inc. Declares a Cash Dividend of $0.25 Per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.25 per share on its outstanding common stock. The dividend will be payable on January 2, 2019 to shareholders of record at the close of business on December 5, 2018.
Nov 09, 2018 11:17 am ET
Popular Celebrates 125 Years of Music in Puerto Rico
Puerto Rico has a deep musical heritage and a tradition of adopting musical genres that come from various countries. Leveraging this heritage and embracing its own 125th anniversary, Popular has produced "More than a Century", its new musical special.
Nov 05, 2018 10:26 am ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ:BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Oct 24, 2018 08:00 am ET
Popular, Inc. Announces Third Quarter 2018 Financial Results
Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported a net income of $140.6 million for the third quarter ended September 30, 2018, compared to a net income of $279.8 million and an adjusted net income of $121.3 million for the second quarter ended June 30, 2018.
Oct 04, 2018 04:01 pm ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ:BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Sep 14, 2018 03:33 pm ET
Popular, Inc. Announces Redemption of Senior Notes
Popular, Inc. (“Popular”) (NASDAQ: BPOP) announced today that it has delivered a redemption notice to The Bank of New York Mellon to redeem, on October 15, 2018, all outstanding $450,000,000 7.000% Senior Notes due 2019 issued by Popular (“2019 Notes”). The redemption price for the 2019 Notes will be the sum of the present values of the remaining scheduled payments of principal and interest on the 2019 Notes to be redeemed that would be due after the Redemption Date and on or prior to June 1, 2019 (exclusive of any interest accrued to the Redemp
Sep 11, 2018 08:43 pm ET
Popular, Inc. Announces Pricing of Public Offering of $300,000,000 Principal Amount of 6.125% Senior Notes due 2023
Popular, Inc. (“Popular”) (NASDAQ:BPOP) announced today that it has agreed to sell an aggregate of $300,000,000 principal amount of its 6.125% Senior Notes due 2023 (the “Senior Notes”). Popular intends to use the net proceeds from the offering plus available cash to redeem $450 million aggregate principal amount of its outstanding 7.00% Senior Notes due on July 1, 2019.
Sep 06, 2018 04:09 pm ET
Popular, Inc. to Report Third Quarter Results and Hold Conference Call on Wednesday, October 24, 2018
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the third quarter ending September 30, 2018, before the market opens on Wednesday, October 24, 2018.
Sep 05, 2018 01:19 pm ET
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Aug 23, 2018 11:40 am ET
Popular, Inc. Declares a Cash Dividend of $0.25 per Common Share
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.25 per share on its outstanding common stock. The dividend will be payable on October 1, 2018 to shareholders of record at the close of business on September 13, 2018.
Aug 23, 2018 09:30 am ET
Popular Bank Introduces Popular Trust Services
Popular Bank, one of the nation’s premier banks and the principal U.S. mainland operating subsidiary of Popular, Inc. (Nasdaq: BPOP), announced today the launch of Popular Trust Services. Popular Trust Services is part of the Popular Wealth Management and Private Banking Division, which focuses on servicing the bank’s growing hig
Aug 06, 2018 05:20 pm ET
Popular, Inc. Announces Redemption of Capital Securities
Popular, Inc. (“Popular”) (NASDAQ:BPOP) announced today that Popular North America, Inc. (“PNA”), a wholly-owned subsidiary of Popular, delivered a redemption notice to The Bank of New York Mellon to redeem, on September 7, 2018, all outstanding 8.327% Capital Securities, Series A (liquidation amount $1,000 per security and $52,865,000 in the aggregate) issued by BanPonce Trust I, a Delaware statutory trust established by PNA. The redemption price for the 8.327% Capital Securities, Series A will be equal to $1,000 per security plus accrued

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