Popular, Inc. (BPOP)
After hours:
| Previous Close | 76.37 |
| Open | 77.06 |
| Bid | 31.46 x 1300 |
| Ask | 102.62 x 900 |
| Day's Range | 77.06 - 79.61 |
| 52 Week Range | 68.31 - 99.49 |
| Volume | |
| Avg. Volume | 583,798 |
| Market Cap | 6.299B |
| Beta (5Y Monthly) | 1.02 |
| PE Ratio (TTM) | 7.21 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.20 (2.82%) |
| Ex-Dividend Date | Mar 14, 2022 |
| 1y Target Est | N/A |
- Reuters
EU court rejects complaints over Banco Popular rescue deal
Europe's second-highest court on Wednesday dismissed claims by shareholders and creditors over losses they suffered in the 2017 rescue of Spain's Banco Popular, saying the deal was the best option in the circumstances. The European Union's Single Resolution Board (SRB), set up to limit the cost to taxpayers from failing banks, orchestrated an overnight rescue of Popular in June 2017, with shareholders and some bondholders taking losses as it was sold for a nominal one euro to larger Spanish rival Santander. Spanish and EU authorities hailed the case as a successful first test of so-called bail-in rules, where investors and creditors bear much of the cost of a bank rescue.
- Reuters
EU court rules against compensating Banco Popular investors
MADRID (Reuters) -Europe's top court said on Thursday that Banco Popular shareholders who took part in its capital increase in 2016 are not entitled to compensation for losses suffered after the Spanish bank was wound down and rescued. European authorities orchestrated an overnight rescue of Popular in June 2017, with shareholders and some bondholders taking losses as it was sold for a nominal one euro to larger Spanish rival Santander. The European court's ruling comes after a Spanish regional court sought clarification on whether shareholders who had subscribed to Popular's 2.5 billion euros ($2.64 billion) capital increase had the right to be compensated, based on defective information contained in its prospectus.
- Zacks
Popular (BPOP) Surpasses Q1 Earnings and Revenue Estimates
Popular (BPOP) delivered earnings and revenue surprises of 15.95% and 1.27%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
