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In a recent transaction, Camille Burckhart, Executive Vice President of Popular, Inc. (NASDAQ:BPOP), sold 7,000 shares of the company’s common stock. The banking institution, currently valued at $7.2 billion, has demonstrated strong market performance with a 26% gain over the past year. The shares were sold at a weighted average price of $104.14, totaling approximately $728,980. Following this sale, Burckhart retains ownership of 27,381.895 shares. The transaction, which took place on June 3, 2025, was disclosed in a filing with the Securities and Exchange Commission. According to InvestingPro data, Popular trades at a P/E ratio of 10.9 and is currently trading near its 52-week high of $106.81. For deeper insights into Popular’s valuation and 8 additional key ProTips, including dividend history and profitability metrics, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Popular Inc . reported its first-quarter 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $2.56 compared to the forecast of $2.19. However, revenue fell slightly short of expectations, coming in at $757.66 million against the anticipated $765.38 million. Keefe, Bruyette & Woods, a financial services research firm, raised its price target for Popular Inc. to $125 from $122, maintaining an Outperform rating. The firm cited consistent profitability improvements and better-than-anticipated credit trends as reasons for the upgrade.
During its Annual Meeting of Shareholders, Popular Inc. announced the election of eleven directors for a one-year term and the approval of the executive compensation package. Shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for the year 2025. These developments indicate a period of stability and positive sentiment among shareholders and analysts alike.
Popular Inc. demonstrated robust performance with significant growth in net interest income and loan balances, while also increasing deposit balances by $935 million. The company revised its loan growth guidance to the lower end of its previous range, reflecting a cautious approach amid economic uncertainties. Nonetheless, the overall financial health and future prospects of Popular Inc. appear strong, supported by a diversified business mix and a solid balance sheet.
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