HATO REY, Puerto Rico (AP) — HATO REY, Puerto Rico (AP) — Popular Inc. (BPOP) on Thursday reported third-quarter earnings of $211.3 million.
The Hato Rey, Puerto Rico-based bank said it had earnings of $3.14 per share.
The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $1.14 billion in the period. Its revenue net of interest expense was $817.7 million, which beat Street forecasts.
Popular shares have climbed 23% since the beginning of the year. The stock has risen 15% in the last 12 months.
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