
Popular (BPOP) Stock Forecast & Price Target
Popular (BPOP) Analyst Ratings
Bulls say
Popular Inc. demonstrated strong year-over-year growth, with tangible book value per share rising due to a substantial increase in tangible common equity, even as common shares outstanding declined. The company's total deposits increased to $64.9 billion, showing consistent growth both quarter-over-quarter and year-over-year, which bodes well for its liquidity and funding capabilities. Enhanced profitability metrics, including improved returns on equity and assets, alongside positive guidance for net interest income and loan growth, support a favorable outlook for the company's financial performance moving forward.
Bears say
The analysis indicates a negative outlook for Popular Inc. due to declining tangible book value (TBV) per share, which fell by 1.3% sequentially, raising concerns about the company's financial stability amidst a potential economic recession. Additionally, a slight decrease in net income, combined with a downturn in total deposits, which fell to $11.7 billion from $11.9 billion, highlights challenges in generating revenue and maintaining customer confidence. Overall, these financial metrics suggest vulnerabilities in earnings, profitability, and growth prospects, further exacerbated by the company’s reliance on a stable economic scenario in Puerto Rico.
This aggregate rating is based on analysts' research of Popular and is not a guaranteed prediction by Public.com or investment advice.
Popular (BPOP) Analyst Forecast & Price Prediction
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