Popular Bank's Stock Rises After Strong 1Q Profit Gain

Dow Jones

Apr 23, 2025

By Dean Seal

Shares of Popular, the holding company for Popular Bank, popped after the company reported better first-quarter earnings than analysts had expected.

The stock was up 7.4% at $96.10 in the morning trading session. Shares are now in positive territory year-to-date.

The bank said before the opening bell that earnings were $2.56 a share for the first three months of the year, up from $1.43 a year earlier and 40 cents higher than analysts had expected, according to FactSet.

Net interest income rose to $605.6 million from $590.8 million last quarter and $550.7 million a year earlier.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

April 23, 2025 11:29 ET (15:29 GMT)

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Shares are now in positive territory year-to-date. \n</p>\n<p>\n  The bank said before the opening bell that earnings were $2.56 a share for the first three months of the year, up from $1.43 a year earlier and 40 cents higher than analysts had expected, according to FactSet. \n</p>\n<p>\n  Net interest income rose to $605.6 million from $590.8 million last quarter and $550.7 million a year earlier. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2025 11:29 ET (15:29 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529631444","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529631444","pubTimestamp":1745422140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Popular, the holding company for Popular Bank, popped after the company reported better first-quarter earnings than analysts had expected.The stock was up 7.4% at $96.10 in the morning trading session. 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Shares are now in positive territory year-to-date. \n\n\n  The bank said before the opening bell that earnings were $2.56 a share for the first three months of the year, up from $1.43 a year earlier and 40 cents higher than analysts had expected, according to FactSet. \n\n\n  Net interest income rose to $605.6 million from $590.8 million last quarter and $550.7 million a year earlier. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2025 11:29 ET (15:29 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}