Popular jumps after higher first-quarter profit

Popular

23/04/2025 18:37

** Puerto Rico bank Popular's BPOP.O shares up ~6.6% at $95.4

** BPOP reports Q1 net income of $177.5 mln, or $2.56 per share, compared with $103.3 mln, or $1.43 per share, a year ago

** Co's Q1 net interest income rises to $605.6 mln vs $551 mln a year ago

** 7 of 9 brokerages rate the stock "buy" or higher, 2 "hold"; their median PT is $110 — LSEG

** Including session's moves, stock up ~1.7% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))