Popular Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,763	2,626	2,332	1,876	1,748
Interest Income on Investments	1,020	1,047	913.65	589.75	374.81
Total Interest Income	3,783	3,673	3,245	2,466	2,123
Interest Paid on Deposits	1,178	1,336	1,050	252.85	111.62
Interest Paid on Borrowings	63.91	54.85	63.76	45.71	53.43
Total Interest Expense	1,242	1,391	1,114	298.55	165.05
Net Interest Income	2,541	2,282	2,132	2,167	1,958
Net Interest Income Growth (YoY)	11.34%	7.07%	-1.65%	10.72%	5.44%
Mortgage Banking Activities	14.96	19.06	21.5	42.45	50.13
Income From Trading Activities	1.91	1.45	1.38	-0.78	-0.39
Gain (Loss) on Sale of Assets	-	-	-	-	7.01
Gain (Loss) on Sale of Investments	1.6	-1.58	3.48	233.08	0.15
Gain (Loss) on Sale of Equity Investments	-	23.54	27.45	29.52	26.15
Other Non-Interest Income	483.69	464.66	438.35	426.35	396.45
Total Non-Interest Income	658.02	658.91	639.52	887.82	642.13
Non-Interest Income Growth (YoY)	-0.14%	3.03%	-27.97%	38.26%	25.34%
Revenues Before Loan Losses	3,199	2,941	2,771	3,055	2,600
Provision for Loan Losses	260.16	256.94	208.61	83.03	-193.46
Revenue	2,939	2,684	2,562	2,972	2,793
Revenue Growth (YoY)	9.49%	4.75%	-13.79%	6.41%	34.52%
Salaries and Employee Benefits	905.21	800.35	760.85	702.66	614.03
Occupancy Expenses	110.21	80.06	79.39	75.04	71.59
Federal Deposit Insurance	24.37	40.34	34.55	26.79	25.58
Amortization of Goodwill & Intangibles	1.75	2.94	3.18	3.28	9.13
Selling, General & Administrative	696.58	803.28	787.87	778.75	694.41
Other Non-Interest Expense	194.53	164.5	153.21	173.05	148.95
Total Non-Interest Expense	1,919	1,873	1,804	1,737	1,549
EBT Excluding Unusual Items	1,020	810.91	758.77	1,235	1,244
Other Unusual Items	-	-14.29	-71.44	9.24	-
Pretax Income	1,007	796.62	675.54	1,235	1,244
Income Tax Expense	173.63	182.41	134.2	132.33	309.02
Earnings From Continuing Operations	833.16	614.21	541.34	1,103	934.89
Net Income	833.16	614.21	541.34	1,103	934.89
Preferred Dividends & Other Adjustments	1.41	1.41	1.41	1.41	1.41
Net Income to Common	831.75	612.8	539.93	1,101	933.48
Net Income Growth	35.65%	13.46%	-50.91%	17.94%	84.53%
Basic Shares Outstanding	68	72	72	75	81
Diluted Shares Outstanding	68	72	72	75	81
Shares Change (YoY)	-5.60%	-0.23%	-4.63%	-7.55%	-5.30%
EPS (Basic)	12.31	8.56	7.53	14.65	11.49
EPS (Diluted)	12.30	8.56	7.52	14.63	11.46
EPS Growth	43.70%	13.83%	-48.60%	27.66%	95.23%
Dividend Per Share	2.900	2.560	2.270	2.200	1.750
Dividend Growth	13.28%	12.78%	3.18%	25.71%	9.38%
Effective Tax Rate	17.25%	22.90%	19.86%	10.71%	24.84%

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