Popular: 3Q Earnings Snapshot
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.