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Jun 30, 2021
Popular Q2 2021 Earnings Report
Popular Inc. reported strong Q2 2021 financial results with a net income of $218.1 million, driven by diversified revenue sources and improved credit quality.
Key Takeaways
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.
Net income was $218.1 million in Q2 2021.
Net interest margin was 2.91% in Q2 2021.
Non-performing loans held-in-portfolio decreased by $13.0 million from Q1 2021.
Common Equity Tier 1 ratio was 16.55% at June 30, 2021.
Revenue by Geographic Location
Forward Guidance
The Corporation will continue to closely monitor COVID-19 related risks and the effects of the receding stimulus on macroeconomic conditions and on borrower performance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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