Popular: Q2 Earnings Snapshot | AP News
HATO REY, Puerto Rico (AP) _ Popular Inc. (BPOP) on Thursday reported second-quarter profit of $211.1 million.
The bank, based in Hato Rey, Puerto Rico, said it had earnings of $2.77 per share.
The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $729.2 million in the period. Its revenue net of interest expense was $691.3 million, which beat Street forecasts.
Popular shares have dropped slightly more than 2% since the beginning of the year. The stock has increased roughly 10% in the last 12 months.