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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,654	2,626	2,332	1,876	1,748	1,742
Interest Income on Investments	1,042	1,047	913.65	589.75	374.81	349.16
Total Interest Income	3,696	3,673	3,245	2,466	2,123	2,092
Interest Paid on Deposits	1,304	1,336	1,050	252.85	111.62	175.86
Interest Paid on Borrowings	54.49	54.85	63.76	45.71	53.43	59.08
Total Interest Expense	1,359	1,391	1,114	298.55	165.05	234.94
Net Interest Income	2,337	2,282	2,132	2,167	1,958	1,857
Net Interest Income Growth (YoY)	8.67%	7.07%	-1.65%	10.72%	5.44%	-1.85%
Mortgage Banking Activities	18.39	19.06	21.5	42.45	50.13	10.4
Income From Trading Activities	1.6	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	-3.1	-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	453.32	464.66	438.35	426.35	396.45	322.15
Total Non-Interest Income	647.15	658.91	639.52	887.82	642.13	512.31
Non-Interest Income Growth (YoY)	0.90%	3.03%	-27.97%	38.26%	25.34%	-10.10%
Revenues Before Loan Losses	2,984	2,941	2,771	3,055	2,600	2,369
Provision for Loan Losses	248.43	256.94	208.61	83.03	-193.46	292.54
Revenue	2,736	2,684	2,562	2,972	2,793	2,076
Revenue Growth (YoY)	6.94%	4.75%	-13.79%	6.41%	34.52%	-9.56%
Salaries and Employee Benefits	797.69	800.35	760.85	702.66	614.03	552.71
Occupancy Expenses	79.24	80.06	79.39	75.04	71.59	87.52
Federal Deposit Insurance	26.49	40.34	34.55	26.79	25.58	23.87
Amortization of Goodwill & Intangibles	2.74	2.94	3.18	3.28	9.13	6.4
Selling, General & Administrative	807.75	803.28	787.87	778.75	694.41	655.02
Other Non-Interest Expense	163.48	164.5	153.21	173.05	148.95	135.8
Total Non-Interest Expense	1,861	1,873	1,804	1,737	1,549	1,458
EBT Excluding Unusual Items	874.62	810.91	758.77	1,235	1,244	618.56
Other Unusual Items	-14.29	-14.29	-71.44	9.24	-	-
Pretax Income	860.33	796.62	675.54	1,235	1,244	618.56
Income Tax Expense	171.9	182.41	134.2	132.33	309.02	111.94
Earnings From Continuing Operations	688.43	614.21	541.34	1,103	934.89	506.62
Net Income	688.43	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	687.02	612.8	539.93	1,101	933.48	504.86
Net Income Growth	41.76%	13.46%	-50.91%	17.94%	84.53%	-24.51%
Basic Shares Outstanding	71	72	72	75	81	86
Diluted Shares Outstanding	71	72	72	75	81	86
Shares Change (YoY)	-1.28%	-0.23%	-4.63%	-7.55%	-5.30%	-11.36%
EPS (Basic)	9.68	8.56	7.53	14.65	11.49	5.88
EPS (Diluted)	9.68	8.56	7.52	14.63	11.46	5.87
EPS Growth	43.88%	13.83%	-48.60%	27.66%	95.23%	-14.68%
Dividend Per Share	2.640	2.560	2.270	2.200	1.750	1.600
Dividend Growth	12.82%	12.78%	3.18%	25.71%	9.38%	33.33%
Effective Tax Rate	19.98%	22.90%	19.86%	10.71%	24.84%	18.10%

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q