- Net interest margin reported at 3.49%, showing improvement from last year’s 3.22%, but falling short of the 3.59% estimate.
- The Common Equity Tier 1 ratio declined to 15.9% from 16.5% last year, missing the estimated 16% mark.
- Earnings per share (EPS) increased to $3.09, up from $2.46 the previous year.
- Total deposits rose by 2.6% year-over-year, reaching $67.22 billion, exceeding the estimate of $66.77 billion.
- Analyst recommendations include 6 buy ratings, 2 hold ratings, and no sell ratings.
A look at Popular Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Popular Inc, the bank holding company serving various regions, shows a promising long-term outlook based on Smartkarma Smart Scores. With a solid Value score of 5, Popular Inc demonstrates strong fundamentals and attractive investment potential. Investors may find the company’s stock price undervalued compared to its intrinsic value, making it an appealing option for long-term growth.
Moreover, Popular Inc‘s above-average Momentum score of 4 suggests the company has exhibited positive price trends in the market, indicating potential future growth opportunities. While Growth and Resilience scores are moderate, the company’s Dividend score of 3 offers a steady income stream for investors. Overall, Popular Inc‘s Smart Scores paint a positive picture for its long-term performance, making it worth consideration for investors seeking a balanced and potentially profitable portfolio.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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