Edition:
United Kingdom

Popular Inc announces qtrly earnings per share ‍$0.19​


Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Popular Inc :Popular, Inc. Announces third quarter financial results.Popular Inc - ‍net income of $20.7 million for q3 of 2017, reflecting $79.4 million in hurricane-associated expenses and an income tax benefit of $20.0 million​.Popular Inc qtrly earnings per share ‍$0.19​.Popular Inc qtrly ‍net interest income$378.2 million versus $374.5 million.Popular Inc - ‍ while hurricane irma struck co's operations in florida, neither co's operations nor those of co's clients in region were materially impacted​.Popular-By third week of Oct, debit and credit card purchase activity from clients stood at about 55% to 65% when compared to pre-hurricane activity​.Popular- sees Q4 revenues further negatively impacted in amount representing additional $5 million - $20 million from Q3,excluding impact on valuation of MSRS​. 

Company Quote

54.62
-0.92 -1.66%
17 May 2019