Dec 31, 2024

Popular Q4 2024 Earnings Report

Popular's Q4 2024 financial results were announced, showcasing solid performance and strategic advancements.

Key Takeaways

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.

Net income reached $177.8 million.

Net interest income increased to $590.8 million.

Net interest margin was 3.35%.

Credit quality metrics remained stable.

Total Revenue
$591M
Previous year: $534M
+10.6%
EPS
$2.51
Previous year: $1.94
+29.4%
Net Interest Margin
3.35%
Previous year: 3.08%
+8.8%
Common Equity Tier 1 ratio
16.03%
Previous year: 16.3%
-1.7%
Common Equity per Share
$79.7
Previous year: $71
+12.2%

Popular

Popular

Popular Revenue by Segment

Popular Revenue by Geographic Location

Forward Guidance

The Corporation assumes no obligation to update or revise any forward-looking statements or information which speak as of their respective dates.