Popular Earnings Reports

Popular, Inc. reported a net income of $177.8 million for Q4 2024, with strong loan growth and increased net interest income and margin. The company's capital and liquidity positions allowed for share buybacks and increased dividends. The transformation initiative is generating tangible results.

Popular, Inc. reported a net income of $155.3 million for the quarter ended September 30, 2024. The results reflected an increase in net interest income, offset by a higher provision for credit losses. Credit quality trends remained stable, and capital continues to be a source of strength.

Popular, Inc. reported a net income of $177.8 million for Q2 2024, driven by higher net interest income and lower provision for credit losses. Credit quality remained stable with improved metrics and the company announced a 13% increase in the quarterly common stock dividend and a $500 million common stock repurchase authorization.

Popular, Inc. reported a net income of $103.3 million for Q1 2024. The results reflect a solid earnings performance, with a 3% increase in net interest income and an expansion of the net interest margin by eight basis points. Credit quality remained stable during the quarter.

Popular, Inc. reported a net income of $94.6 million for Q4 2023. The results reflect stable net interest income and loan growth, offset by an FDIC Special Assessment impact. Credit quality saw some normalization in consumer portfolios but remained strong overall.

Popular, Inc. reported a net income of $136.6 million for the quarter ended September 30, 2023. The results include an after-tax goodwill impairment charge of $16.4 million. Net interest income increased slightly, while non-interest income decreased. Operating expenses increased, including a non-cash goodwill impairment charge.

Popular, Inc. reported a net income of $151.2 million for the quarter ended June 30, 2023. The company saw growth in loan portfolios in both Puerto Rico and the United States, which maintained net interest income despite higher deposit costs. The deposit base remained strong and well-diversified, and results were bolstered by positive credit quality trends and healthy non-interest income.

Popular, Inc. reported a net income of $159.0 million for the quarter ended March 31, 2023. The company's diversified business model, strong deposit base, and robust capital and liquidity positions contributed to the strong results. Loans increased by $260.6 million, while deposit balances decreased by $273.3 million.

Popular, Inc. reported a net income of $257.1 million for Q4 2022. The results included a tax benefit of $68.2 million related to the partial release of the deferred tax valuation allowance in the U.S.

Popular, Inc. reported a net income of $422.4 million for Q3 2022. Excluding the effects of the Evertec Transactions, net income was $195.8 million.

Popular, Inc. reported a net income of $211.4 million for the quarter ended June 30, 2022. The company saw increases in both net interest income and non-interest income compared to the first quarter. Loan growth was broad-based, with balances increasing in all categories except mortgage.

Popular, Inc. reported a net income of $211.7 million for Q1 2022, compared to $206.1 million for the previous quarter. The corporation saw broad-based loan growth and maintained strong asset quality metrics.

Popular, Inc. reported net income of $206.1 million for the quarter ended December 31, 2021. The results reflect a strong finish to a record year, with solid credit quality trends and diverse sources of revenues.

Popular, Inc. reported a net income of $248.1 million for the quarter ended September 30, 2021, driven by a reserve release of $61 million. The results reflect strong credit quality performance and a positive economic outlook.

Popular, Inc. reported a net income of $218.1 million for Q2 2021. The results reflect improving macro-economic conditions and credit quality as well as diversified sources of revenue. Deposit balances grew by $5.9 billion.

Popular, Inc. reported a strong start to 2021 with a net income of $262.6 million for the first quarter. The results were positively impacted by a benefit in the provision for credit losses of $82.2 million, driven by an improving macroeconomic environment and lower credit losses. The company experienced growth in top-line revenue, benefiting from PPP-related income and an increase in the value of mortgage servicing rights.

Popular, Inc. reported a net income of $176.3 million for Q4 2020, marking one of their best quarters ever, driven by higher net interest income and controlled expenses. Despite challenges from earthquakes and the pandemic, the company generated $507 million in net income for the year.

Popular, Inc. reported a net income of $168.4 million for the quarter ended September 30, 2020. The results reflect the economic rebound fueled by federal stimulus, diversified revenue sources, and prudent risk management.

Popular, Inc. reported a net income of $127.6 million for the quarter ended June 30, 2020, compared to $34.3 million for the previous quarter. The results were significantly impacted by the COVID-19 pandemic. Total assets increased by $10.0 billion to $62.8 billion due to a rise in deposits.

Popular, Inc. reported net income of $34.3 million for Q1 2020, a significant decrease compared to the previous quarter and the same period last year. The primary driver was a large increase in the provision expense, reflecting the newly adopted CECL methodology and the macroeconomic forecast due to COVID-19.

Popular, Inc. reported a net income of $166.8 million for Q4 2019, driven by solid business fundamentals and loan growth in Puerto Rico and the U.S., despite the negative impact of interest rate cuts on net interest income and margin.