Popular, Inc. reported first-quarter net income to common stock of $245.3 million, up from $177.1 million a year ago, while earnings per common share rose to $3.78 from $2.56. Net interest income increased to $670.18 million from $605.60 million, indicating stronger core banking profitability. The results are solid and should be modestly supportive for the stock.
Popular, Inc. reported first-quarter net income to common stock of $245.3 million, up from $177.1 million a year ago, while earnings per common share rose to $3.78 from $2.56. Net interest income increased to $670.18 million from $605.60 million, indicating stronger core banking profitability. The results are solid and should be modestly supportive for the stock.
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moderately positive
Sentiment Score
0.62
Ticker Sentiment
