AP NEWS

Popular: 3Q Earnings Snapshot

October 23, 2019

HATO REY, Puerto Rico (AP) _ Popular Inc. (BPOP) on Wednesday reported third-quarter profit of $164.4 million.

The Hato Rey, Puerto Rico-based bank said it had earnings of $1.70 per share.

The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $714.7 million in the period. Its revenue net of interest expense was $619.7 million, which missed Street forecasts.

Popular shares have increased 17% since the beginning of the year. The stock has risen 11% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BPOP at https://www.zacks.com/ap/BPOP