Popular Bank just smashed earnings expectations with $836 million in revenue, up 10.2% year-over-year, and beat both EPS and net interest income forecasts. The market sees steady growth ahead, with analysts keeping their outlooks steady as the bank rebounds from past misses. Meanwhile, regional peers like OFG Bancorp and BOK Financial also outperformed, fueling a 4.8% sector rally — Popular’s stock surged 5.8% and trades below its $186.25 average analyst target, signaling strong momentum and investor confidence.
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