HATO REY, Puerto Rico (AP) _ Popular Inc. (BPOP) on Thursday reported second-quarter profit of $217.7 million.
The bank, based in Hato Rey, Puerto Rico, said it had earnings of $2.66 per share.
The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $684.3 million in the period. Its revenue net of interest expense was $642.3 million, topping Street forecasts.
Popular shares have increased 29% since the beginning of the year. The stock has risen 93% 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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