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Popular addresses third‑party cybersecurity incident impacting customers

Tipranks - Wed Jun 10, 8:12AM CDT

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Popular ( (BPOP) ) has provided an announcement.

On May 15, 2026, Popular, Inc. was informed that Evertec, Inc., its third-party provider of core financial transaction processing and IT services, had suffered a cybersecurity incident affecting some client data, including information from Banco Popular de Puerto Rico customers. Subsequent analysis showed that compromised data included personal information such as debit card numbers and related details of certain BPPR customers.

Popular has activated its cybersecurity incident response protocols, enhanced fraud monitoring, and notified regulators, while planning to directly notify impacted customers. The company notes that its own systems were not accessed or affected, it has contractual rights to recover losses and related costs from Evertec, and based on current information it does not expect the incident to have a material impact on its operations or financial condition.

The most recent analyst rating on (BPOP) stock is a Buy
with a $165.00 price target.
To see the full list of analyst forecasts on Popular stock,
see the BPOP Stock Forecast page.

Spark’s Take on BPOP Stock

According to Spark, TipRanks’ AI Analyst, BPOP is a Outperform.

The score is driven primarily by solid and improving financial performance and an attractive valuation (low P/E with a dividend). The latest earnings call reinforced positive momentum via NII/NIM and expense guidance plus ongoing capital return, while the technical picture is a near-term headwind (below short-term moving averages with weak momentum indicators).

To see Spark’s full report on BPOP stock,
click here.

More about Popular

Popular, Inc. operates as a financial services company through its subsidiary Banco Popular de Puerto Rico, providing retail and commercial banking services to customers in Puerto Rico. The institution relies on third-party providers such as Evertec, Inc. for core financial transaction processing and information technology services that support its banking operations and customer transactions.

Average Trading Volume: 499,039

Technical Sentiment Signal: Buy

Current Market Cap: $9.92B

For an in-depth examination of BPOP stock, go to TipRanks’ Overview page.

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