Popular, Inc. (BPOP) RBC Capital Markets Global Financial Institutions Conference 2026 March 10, 2026 2:00 PM EDT
Company Participants
Javier Ferrer-Fernández – President, CEO, Corporate Secretary & Director
Conference Call Participants
Gerard Cassidy – RBC Capital Markets, Research Division
Presentation
Gerard Cassidy
RBC Capital Markets, Research Division
[Audio Gap] with our next fireside chat, Popular Inc., a company that has about $75 billion in total assets, market cap is around $8.5 billion. And we’re very pleased and privileged to have Javier Ferrer, the President and CEO of Popular. He was President of Popular from, I guess, May of ’24, and Chief Operating Officer from January ’22 to June ’25. He’s been a Director at Popular or Popular Puerto Rico since 2015. So Javier, thank you so much for coming and most importantly, bringing the warm weather especially after this winter.
Javier Ferrer-Fernández
President, CEO, Corporate Secretary & Director
Well, thank you for having us. It’s a privilege and an honor…
Question-and-Answer Session
Gerard Cassidy
RBC Capital Markets, Research Division
Great. Though it’s early in the year, maybe you could share with us how the Puerto Rican economy is shaping up for you? How Popular is positioned to benefit from this economic growth? And then also tie in, if you don’t mind, how important is the health of the U.S. economy to the Puerto Rican economy?
Javier Ferrer-Fernández
President, CEO, Corporate Secretary & Director
Sure. Well, I think we’re doing fine in Puerto Rico, quite frankly. There’s momentum in the economy, which I believe has not slowed down. Of course, given what’s happened in the Middle East, people are watching, and the economy follows human psychology. So if there’s uncertainty, people will begin to worry a little bit, but we haven’t seen it in the numbers yet, frankly. So it’s like we’re going through a good period, low unemployment, high people — high number of people employed, even though we
