Popular, UPR present Global Entrepreneurship Monitor study
April 3, 2023
The study’s Early Business Activity Index increased from 14.9% in 2020 to 20.4% in 2022, increased from 14.9% in 2020 to 20.4% in 2022, indicating “notable growth” in the percentage of new companies or startups for 2023. #NewsismyBusiness
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Popular Inc. earns $1.1B in ’22, up from prior year
January 26, 2023
The bank also reported net income of $257.1 million for the quarter ended Dec. 31, 2022.
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Popular Inc. reports $422M in 3Q22 net income, boosted by Evertec deal
October 27, 2022
Excluding the effects of that transaction, Popular Inc.’s net income for the quarter would have been $195.8 million.
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Popular enters $231M accelerated share repurchase agreement
August 26, 2022
The deal will be accounted for as a treasury stock transaction.
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Popular Inc. sells all shares in Evertec for $220M
August 16, 2022
Popular will report an after-tax gain of approximately $131 million.
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Popular Inc. reports $211.4M in 2Q22 net income
July 29, 2022
The recent result was down from the $218 million on record for the same year-ago period.
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$15M Popular Impact Fund to support new businesses
July 20, 2022
The fund's investments will range from $250,000 to $1 million in companies from the seed stage to pre-IPO.
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UPR-Mayagüez, Popular Inc. partner to launch business incentive program
July 6, 2022
Different workshops relevant to the needs of entrepreneurs will be offered.
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Popular closes purchase of digital assets from Evertec
July 4, 2022
In connection with the transaction, Popular will add some 165 employees and contractors from Evertec.
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Popular, Guayacán team up for Scale-Up entrepreneurship program
July 4, 2022
The goal is to 40 companies with tools to boost their business volume.
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Popular’s Total Return Fund now registered with SEC
June 29, 2022
Any individual resident of Puerto Rico may invest in this Fund.
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Popular to build new $300M corporate campus in Hato Rey
May 4, 2022
The project will be financed through a capital investment made by Banco Popular.
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Popular Inc. reports $212M in 1Q22 net income, down $51M from 2Q21
April 27, 2022
The most recent quarter is compared to the last quarter of 2021, when Popular Inc. reported net income of $206.1 million.
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Popular Inc. announces $400M common stock repurchase agreement
March 2, 2022
The final settlement of the ASR Agreement is expected to occur no later than the third quarter of 2022.
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Popular buys fintech assets from Evertec for $197M, extends commercial contracts
February 25, 2022
The transaction is expected to close on or about June 30, 2022.
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