Popular Inc (BPOP) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Growth

By Yahoo! Finance | Oct 24, 2024 at 03:18 AM EST

Jorge Garcia discussed the expected expense growth in the fourth quarter due to transformation efforts and seasonal expenses. Full-year expense guidance is around $1.91 billion. Deposit betas in Puerto Rico are low, and achieving the 14% ROTCE target may take longer due to recent NII reduction.

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