Popular, Inc.

Popular, Inc. to Participate in the RBC Capital Markets 2024 Financial Institutions Conference

Retrieved on: 
Tuesday, February 27, 2024

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.

Key Points: 
  • 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.
  • A live audio webcast will be accessible through the Popular, Inc. Investor Relations website at https://investor.popular.com/eng/investor-relations/default.aspx .
  • A replay of the webcast will also be available.

Popular, Inc. to Report Fourth Quarter Results and Hold Conference Call on Thursday, January 25, 2024

Retrieved on: 
Friday, December 29, 2023

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.

Key Points: 
  • 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.
  • Popular will hold a conference call to discuss the financial results the same day at 10:00 a.m. Eastern Time.
  • The call will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation’s website: www.popular.com .
  • A telephone replay will be available one hour after the end of the conference call through Friday, February 23, 2024.

Popular Announces Retirement of Chief Financial Officer, Carlos J. Vázquez, and names Jorge J. García as Successor

Retrieved on: 
Monday, December 11, 2023

He will be succeeded by Jorge J. García, currently Corporate Comptroller and Chief Accounting Officer.

Key Points: 
  • 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.
  • Popular also announced the appointment of Ms. Denissa M. Rodríguez Adorno as Corporate Comptroller and Chief Accounting Officer to succeed Mr. García.
  • Prior to joining the Corporation, Ms. Rodríguez Adorno worked at PricewaterhouseCoopers LLP for more than a decade in various roles.

Banco Popular De Puerto Rico Named “Bank of the Year Puerto Rico” by The Banker Magazine

Retrieved on: 
Friday, December 1, 2023

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.

Key Points: 
  • 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.
  • The Banker shares, that this year was an important one for the bank because it began the implementation of a substantial transformation program with a three-year horizon.
  • Ignacio Alvarez, President and CEO of Popular, Inc., shares, “Popular’s purpose is to put people at the center of progress.
  • The bank also achieved a significant milestone in Puerto Rico, adding more customers and now has more than two million unique customers.

Salsa: sabor y evolución - A visual piece that invites you to learn about the legacy of this genre in Puerto Rico

Retrieved on: 
Wednesday, November 15, 2023

In the 31st edition of Popular's music special, the company dedicates its new musical production to salsa.

Key Points: 
  • In the 31st edition of Popular's music special, the company dedicates its new musical production to salsa.
  • Through this piece, viewers can review, alongside artists and connoisseurs of this genre, some facts about the birth, development, and evolution of salsa.
  • Over the years, Popular has become a cultural facilitator that produces and preserves, through these visual pieces, part of the Puerto Rican musical identity.
  • "As has been our commitment throughout these years, this production is a gift to our community in and outside of Puerto Rico.

Nomis Solutions Appoints Greg Demas as Chief Executive Officer

Retrieved on: 
Tuesday, December 5, 2023

SOUTH SAN FRANCISCO, Calif., Dec. 5, 2023 /PRNewswire/ -- Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announced that Greg Demas has been appointed as Chief Executive Officer.

Key Points: 
  • SOUTH SAN FRANCISCO, Calif., Dec. 5, 2023 /PRNewswire/ -- Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announced that Greg Demas has been appointed as Chief Executive Officer.
  • "We are thrilled to introduce Greg Demas as the new CEO of Nomis," said Marc Bala, Managing Director at STG and Chairman of Nomis.
  • "Greg has been instrumental in ushering in a new stage of growth at Nomis over the past 17 months.
  • Nomis is committed to staying at the front of the innovation curve and providing leading solutions to our customers," said Demas.

EVERTEC Closes on the Acquisition of Sinqia, a Leading Provider of Software Solutions for Financial Institutions in Brazil

Retrieved on: 
Wednesday, November 1, 2023

Mac Schuessler, President and Chief Executive Officer stated, “We are excited about the future of Evertec and Sinqia.

Key Points: 
  • Mac Schuessler, President and Chief Executive Officer stated, “We are excited about the future of Evertec and Sinqia.
  • Together we will build a full-service technology company focused on providing the best products and services to our clients throughout the region.
  • Evercore, Seneca Evercore and Goldman Sachs served as lead financial advisors to Evertec.
  • Truist Securities also served as a financial advisor to Evertec.

Popular, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023

Net interest income for the quarter ended September 30, 2023 was $534.0 million, an increase of $2.4 million when compared to the previous quarter.

Key Points: 
  • Net interest income for the quarter ended September 30, 2023 was $534.0 million, an increase of $2.4 million when compared to the previous quarter.
  • Net interest income for the BPPR segment amounted to $453.9 million for the third quarter of 2023, flat when compared to $453.1 million in net interest income during the second quarter of 2023.
  • Total deposit cost in the third quarter of 2023 was 1.68%, compared to 1.44% in the quarter ended June 30, 2023.
  • Operating expenses for the third quarter of 2023 totaled $466.0 million, an increase of $5.7 million when compared to the second quarter of 2023.

Popular, Inc. to Report Third Quarter Results and Hold Conference Call on Thursday, October 26, 2023

Retrieved on: 
Friday, September 29, 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.

Key Points: 
  • 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.
  • Popular will hold a conference call to discuss the financial results the same day at 11:00 a.m. Eastern Time.
  • The call will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation’s website: www.popular.com .
  • A telephone replay will be available one hour after the end of the conference call through Monday, November 27, 2023.

Future Capital and Banco Popular de Puerto Rico Join Forces to Enhance Retirement Solutions

Retrieved on: 
Wednesday, September 6, 2023

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.

Key Points: 
  • 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.
  • Fiduciary Responsibilities - Operating as a participant-level 3(38) fiduciary, Future Capital curates and optimizes diversified portfolios for each participant, drawing from the funds available in the retirement plan.
  • Additionally, Future Capital will implement the portfolio on the participant’s behalf, guided by the investment strategy recommendation generated through the Retirement Planning Tool.
  • "We are thrilled to embark on this collaborative journey alongside Banco Popular de Puerto Rico," expressed Jay Jumper, Future Capital Founder and CEO .