Reports Q4 tangible book value per share $59.74. Reports Q4 net charge-offs .66%. Reports Q4 CET1 capital ratio 16.3%. Ignacio Alvarez, president and CEO, said: “We delivered solid fourth quarter and year-end results and entered 2024 with strong momentum. Notwithstanding the interest rate environment and the disruptions in the banking market early in the year, we were able to maintain stable net interest income as we grew loans by approximately $1 billion during the quarter and a total of $3 billion for the full year.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BPOP:
- BPOP Earnings this Week: How Will it Perform?
- Popular price target raised to $105 from $90 at Wells Fargo
- Popular CFO Carlos Vazquez to retire, Jorge Garcia to succeed
- Popular price target raised by $10 at RBC Capital, here’s why
- Citi starts regional banks with Western Alliance, First Horizon among top picks