Popular: 1Q Earnings Snapshot
Popular: 1Q Earnings Snapshot
HATO REY, Puerto Rico (AP) _ Popular Inc. (BPOP) on Thursday reported first-quarter profit of $167 million.
The Hato Rey, Puerto Rico-based bank said it had earnings of $1.69 per share.
The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $694.4 million in the period. Its revenue net of interest expense was $607.4 million, which topped Street forecasts.
Popular shares have climbed 17 percent since the beginning of the year. The stock has risen 27 percent 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