Thursday, February 23, 2017

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S&P500
2361.47
-1.35
-0.06%
NASDAQ
5836.33
-24.3
-0.41%
NYSE
11551.26
+1.08
+0.0094%
GOOG
829.036
-1.725
-0.2076%
YHOO
45.89
-0.09
-0.20%
AAPL
136.85
-0.26
-0.19%
AMZN
855.26
-0.35
-0.04%
FB
135.17
-0.95
-0.70%
BPOP
44.28
-0.49
-1.09%
EVTC
17.9
+0.75
+4.37%
OFG
13.275
-0.175
-1.301%
FBP
6.445
-0.065
-0.998%
GTS
18.92
-0.1
-0.53%

Popular reports 4Q loss

By on January 24, 2017

banco-popular-nightHATO REY, Puerto Rico – Popular Inc. (BPOP) on Tuesday reported a fourth-quarter loss of $5 million, after reporting a profit in the same period a year earlier.

The bank, based in Hato Rey, Puerto Rico, said it had a loss of 5 cents per share. Earnings, adjusted for one-time gains and costs, were 86 cents per share.

The a company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $410.9 million in the period. Its adjusted revenue was $355.2 million.

For the year, the company reported profit of $213 million, or $2.06 per share. Revenue was reported as $1.72 billion.

Popular shares have increased almost 1 percent since the beginning of the year. The stock has risen 93 percent in the last 12 months.

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