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More on Popular Q3 results

Oct. 22, 2014 10:23 AM ETPopular, Inc. (BPOP) StockBPOPBy: Gaurav Batavia, SA News Editor
  • Adj. Net Income from continuing operations of $81.7M
  • Adj. Net Interest Income of $347.1M. Adj. NIM of 4.64% vs. 4.68% in Q2 due to 180bps decline in income from the covered loans portfolio
  • Tangible book value per share of $36.24 vs. $35.84 in Q2
  • Return on Average Assets 0.71%.
  • Tier I risk based capital of 16.93% vs. 19.23% in Q2
  • Conference call at 10:30 ET. Webcast here.
  • BPOP +2.3%
  • Previously: Popular Adj. Net Income of $81.7M

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