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Dec 31, 2021
Popular Q4 2021 Earnings Report
Popular, Inc. reported a net income of $206.1 million for Q4 2021.
Key Takeaways
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.
Net income was $206.1 million in Q4 2021.
Net interest margin was 2.78% in Q4 2021.
Net charge-offs was a net recovery of $7.9 million.
Common Equity Tier 1 ratio was 17.45% at December 31, 2021.
Popular
Popular
Forward Guidance
The company enters this year ready to build on the momentum of 2021, with an improving economic and fiscal environment in Puerto Rico and the rising interest rate environment.