Popular, Inc. (BPOP)

Popular Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,690	2,626	2,332	1,876	1,748	1,742
Interest Income on Investments	1,028	1,047	913.65	589.75	374.81	349.16
Total Interest Income	3,718	3,673	3,245	2,466	2,123	2,092
Interest Paid on Deposits	1,260	1,336	1,050	252.85	111.62	175.86
Interest Paid on Borrowings	58.1	54.85	63.76	45.71	53.43	59.08
Total Interest Expense	1,318	1,391	1,114	298.55	165.05	234.94
Net Interest Income	2,400	2,282	2,132	2,167	1,958	1,857
Net Interest Income Growth (YoY)	9.74%	7.07%	-1.65%	10.72%	5.44%	-1.85%
Mortgage Banking Activities	17.54	19.06	21.5	42.45	50.13	10.4
Income From Trading Activities	1.87	1.45	1.38	-0.78	-0.39	1.03
Gain (Loss) on Sale of Assets	-	-	-	-	7.01	5.55
Gain (Loss) on Sale of Investments	-1.56	-1.58	3.48	233.08	0.15	6.32
Gain (Loss) on Sale of Equity Investments	23.54	23.54	27.45	29.52	26.15	17.8
Other Non-Interest Income	453.24	464.66	438.35	426.35	396.45	322.15
Total Non-Interest Income	649.32	658.91	639.52	887.82	642.13	512.31
Non-Interest Income Growth (YoY)	-1.38%	3.03%	-27.97%	38.26%	25.34%	-10.10%
Revenues Before Loan Losses	3,050	2,941	2,771	3,055	2,600	2,369
Provision for Loan Losses	250.57	256.94	208.61	83.03	-193.46	292.54
Revenue	2,799	2,684	2,562	2,972	2,793	2,076
Revenue Growth (YoY)	7.56%	4.75%	-13.79%	6.41%	34.52%	-9.56%
Salaries and Employee Benefits	829.62	800.35	760.85	702.66	614.03	552.71
Occupancy Expenses	80.69	80.06	79.39	75.04	71.59	87.52
Federal Deposit Insurance	25.31	40.34	34.55	26.79	25.58	23.87
Amortization of Goodwill & Intangibles	2.39	2.94	3.18	3.28	9.13	6.4
Selling, General & Administrative	799.45	803.28	787.87	778.75	694.41	655.02
Other Non-Interest Expense	161.48	164.5	153.21	173.05	148.95	135.8
Total Non-Interest Expense	1,884	1,873	1,804	1,737	1,549	1,458
EBT Excluding Unusual Items	914.7	810.91	758.77	1,235	1,244	618.56
Other Unusual Items	-14.29	-14.29	-71.44	9.24	-	-
Pretax Income	900.41	796.62	675.54	1,235	1,244	618.56
Income Tax Expense	179.33	182.41	134.2	132.33	309.02	111.94
Earnings From Continuing Operations	721.08	614.21	541.34	1,103	934.89	506.62
Net Income	721.08	614.21	541.34	1,103	934.89	506.62
Preferred Dividends & Other Adjustments	1.41	1.41	1.41	1.41	1.41	1.76
Net Income to Common	719.67	612.8	539.93	1,101	933.48	504.86
Net Income Growth	40.76%	13.46%	-50.91%	17.94%	84.53%	-24.51%
Basic Shares Outstanding	70	72	72	75	81	86
Diluted Shares Outstanding	70	72	72	75	81	86
Shares Change (YoY)	-2.68%	-0.23%	-4.63%	-7.55%	-5.30%	-11.36%
EPS (Basic)	10.29	8.56	7.53	14.65	11.49	5.88
EPS (Diluted)	10.29	8.56	7.52	14.63	11.46	5.87
EPS Growth	44.82%	13.83%	-48.60%	27.66%	95.23%	-14.68%
Dividend Per Share	2.720	2.560	2.270	2.200	1.750	1.600
Dividend Growth	12.86%	12.78%	3.18%	25.71%	9.38%	33.33%
Effective Tax Rate	19.92%	22.90%	19.86%	10.71%	24.84%	18.10%

Updated Jul 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q