HATO REY, Puerto Rico (AP) _ Popular Inc. (BPOP) on Wednesday reported first-quarter net income of $262.3 million.
The Hato Rey, Puerto Rico-based bank said it had earnings of $3.12 per share.
The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $677.1 million in the period. Its revenue net of interest expense was $632.8 million, surpassing Street forecasts.
Popular shares have risen 34% since the beginning of the year. The stock has climbed 96% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BPOP at https://www.zacks.com/ap/BPOP
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April 28, 2021 at 07:15PM
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