Popular, Inc. (BPOP) Stock AnalysisBPOPPopular, Inc.

Popular, Inc. (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. The Company has operations in Puerto Rico, the United States and the Caribbean. The Company's BPPR segment provides retail, mortgage and commercial banking services through its banking subsidiary, Banco Popular de Puerto Rico, as well as auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. The Company's BPNA segment consists of Popular North America, Inc. (PNA) functioning as the holding company for its operations in the United States. It also operates PNA's subsidiary, E-LOAN, Inc. The banking operations of BPNA in the United States mainland are based in New York, Florida and New Jersey, conducted under the name of Popular Community Bank. It operates in the Financials sector (STATE COMMERCIAL BANKS industry).

Given the current price of $158.89 and a forward P/E ratio of 9.68, Popular Inc appears to be undervalued compared to its growth potential. The recent net income of $278 million for Q2 with an EPS of $4.35, reflecting a 15% increase from Q1, indicates strong financial performance. However, the risk of insider selling has increased by 145.22% among hedge funds, which could impact market sentiment negatively.

9 analysts cover BPOP: 7 rate it Buy, 2 Hold and 0 Sell. The average price target is 143.00.