Popular Inc at RBC Capital Markets Global Financial Institutions Conference (Virtual) Transcript
Good afternoon, everybody. This is Gerard Cassidy from RBC Capital Markets. In our next fireside chat, we have Popular, affectionately known as BPOP by their ticker symbol. Popular, Inc. has approximately $66 billion in total assets; a market cap today of almost $6 billion; trades just about at book value per share; an attractive dividend yield of about 2.4%; and a very strong CET1 ratio, which is slightly over 16% at 16.3%.
We're very pleased today to have 2 of the senior executives from Popular with us. Ignacio Alvarez is the President and CEO and has been at Popular when he joined them in 2010. Prior to being named CEO, he was President of Popular. And Carlos Vázquez is the Chief Financial Officer for Popular. Carlos was given that job back in 2013. And prior to that, he was a senior Executive Vice President, and he joined Popular back in 1997.
Gentlemen, thank you so much for joining us.
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