Banco Popular Income Statement

Financials in millions COP. Fiscal year is January - December.

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	3,696,651	3,599,981	3,613,658	3,110,583	2,566,120	2,051,100
Interest Income on Investments	637,159	637,159	564,677	379,567	349,034	165,295
Total Interest Income	4,333,810	4,237,140	4,178,335	3,490,150	2,915,154	2,216,395
Interest Paid on Deposits	2,730,390	2,663,078	3,057,649	2,668,438	1,463,608	479,665
Interest Paid on Borrowings	2,026,750	2,026,750	2,304,050	593,092	288,207	137,958
Total Interest Expense	4,757,140	4,689,828	5,361,699	3,261,530	1,751,815	617,623
Net Interest Income	-423,330	-452,688	-1,183,364	228,620	1,163,339	1,598,772
Net Interest Income Growth (YoY)	-	-	-	-80.35%	-27.23%	12.73%
Income From Trading Activities	-	-	-	-	-	8,057
Gain (Loss) on Sale of Assets	7,120	7,120	26,141	70,053	7,942	2,700
Gain (Loss) on Sale of Investments	-2,557	-2,557	100,184	9,752	2,794	26,380
Gain (Loss) on Sale of Equity Investments	311,685	311,685	318,985	61,269	92,184	67,235
Other Non-Interest Income	4,256,197	4,126,819	3,850,062	816,504	296,073	237,601
Total Non-Interest Income	4,572,445	4,443,067	4,295,372	957,578	398,993	341,973
Non-Interest Income Growth (YoY)	9.77%	3.44%	348.57%	140.00%	16.67%	-7.58%
Revenues Before Loan Losses	4,149,115	3,990,379	3,112,008	1,186,198	1,562,332	1,940,745
Provision for Loan Losses	219,613	212,981	313,342	236,211	181,893	161,280
Revenue	3,929,502	3,777,398	2,798,666	949,987	1,380,439	1,779,465
Revenue Growth (YoY)	34.02%	34.97%	194.60%	-31.18%	-22.42%	13.08%
Salaries and Employee Benefits	600,058	600,058	668,689	492,945	462,117	450,430
Occupancy Expenses	96,232	96,232	98,366	85,891	84,768	100,066
Amortization of Goodwill & Intangibles	64,575	64,575	53,952	41,426	45,144	-
Selling, General & Administrative	280,682	280,682	283,751	240,740	236,837	745,582
Other Non-Interest Expense	660,152	580,738	596,124	519,393	465,739	9,993
Total Non-Interest Expense	1,756,144	1,676,730	1,757,104	1,420,107	1,342,465	1,306,071
EBT Excluding Unusual Items	2,173,358	2,100,668	1,041,562	-470,120	37,974	473,394
Asset Writedown	36,844	36,844	2,985	97,613	12,634	-3,103
Other Unusual Items	-	-	-	-8,596	-2,299	-
Pretax Income	2,210,202	2,137,512	1,044,547	-381,103	48,309	470,291
Income Tax Expense	1,004,841	946,513	510,207	-196,487	-31,683	155,714
Earnings From Continuing Operations	1,205,361	1,190,999	534,340	-184,616	79,992	314,577
Minority Interest in Earnings	-1,158,123	-1,142,367	-850,462	-213,236	218	-1,288
Net Income	47,238	48,632	-316,122	-397,852	80,210	313,289
Net Income to Common	47,238	48,632	-316,122	-397,852	80,210	313,289
Net Income Growth	-	-	-	-	-74.40%	5.75%
Basic Shares Outstanding	-	7,886	7,725	7,725	7,725	7,725
Diluted Shares Outstanding	-	7,886	7,725	7,725	7,725	7,725
Shares Change (YoY)	-	2.08%	-	-	-	-
EPS (Basic)	-	6.17	-40.92	-51.50	10.38	40.55
EPS (Diluted)	-	6.17	-40.92	-51.50	10.38	40.55
EPS Growth	-	-	-	-	-74.40%	5.75%
Dividend Per Share	-	-	-	-	18.960	-
Effective Tax Rate	45.46%	44.28%	48.84%	-	-	33.11%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.