Popular Inc (FRA:PP4A)
€ 89 -3.5 (-3.78%) Market Cap: 6.27 Bil Enterprise Value: 6.75 Bil PE Ratio: 13.04 PB Ratio: 1.19 GF Score: 75/100

Popular Inc at RBC Capital Markets Financial Institutions Conference (Virtual) Transcript

Mar 09, 2022 / 03:00PM GMT
Release Date Price: €76 (+3.40%)
Gerard Sean Cassidy
RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst

Good morning, everyone. This is Gerard Cassidy with RBC Capital Markets. Welcome back for another fireside chat as part of our Financial Institutions Conference. We're very pleased to have Popular this conversation. Carlos Vázquez is the Chief Financial Officer for Popular. He's been the chief financial officer since 2013 and he joined Popular in the â to head up the risk area back in 1997.

And then some of you may know, Popular has about $65 billion in assets, with the majority of those assets obviously being in Puerto Rico. They also have presence of course, here in New York City as well as Southern Florida. The market cap of the company is just over $6 billion, trades at a slight premium to book value about 1.1x, and has a dividend yield of about 2.6%.

Welcome, Carlos. Thank you so much for joining us again.

Carlos J. VÃ;zquez
Popular, Inc. - Executive VP & CFO of Corporate Finance Group

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