Inferra AI / Company / BPOP

Popular, Inc.

BPOP · Financials

Last earnings Jul 23, 2026

Key results

Net incomequarter

$210.4 million

Announces Second Quarter 2025 Financial Results Net income of $210.4 million in Q2 2025, compared to net income of $177.5 million in Q1 2025.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

EPSquarter

$3.09

Earnings per share ( EPS ) of $3.09 in Q2 2025 vs.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

(the Corporation, Popular, we, us, our ) (NASDAQ:BPOP) reported net income of $210.4 million for the quarter ended June 30, 2025, compared to net income of $177.5 million for the quarter ended March 31, 2025.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

Operating incomequarter

$7.2 million

higher other operating income by $7.2 million, mainly due to higher income from investments accounted under the equity investment method by $2.6 million, a positive variance of $2.3 million for the reimbursement of interest paid in excess to the U.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

net income of $210.4 million, a decrease in net unrealized losses in the portfolio of AFS securities of $48.4 million and the amortization of unrealized losses from securities previously reclassified to HTM of $37.0 million, net of tax, and other changes, mainly in accumulated other comprehensive income

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

Assets = $61 billion Assets = $15 billion and British Virgin Islands NASDAQ ticker symbol BPOP Selected equity investments: Banco BHD Le n under Corporate segment Market Cap $7.5 billion Dominican Republic bank 15.63% stake 2024 net income of $272 million 16 Q2 2025 vs.

SEC original ↗Popular, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 23, 2025

AI analysis

Q2 2025 · reported Jul 23, 2025

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

EPS · Q2 2025

$3.09

EX-99 · Jul 23, 2025

Net income · Q2 2025

$210.4M

EX-99 · Jul 23, 2025

Operating income · Q2 2025

$7.2M

EX-99 · Jul 23, 2025

Headline figures

Metric	Q2 2025	Prior qtr	Year ago
Net income	$210.4 million	—	—
EPS	$3.09	—	—
Operating income	$7.2 million	—	—

EX-99 · Jul 23, 2025

Guidance · company-stated

Direction: raised

No guidance located in the held release

Stated figure5%-7%

“2026 FULL YEAR OUTLOOK Metric Original FY 2026 Guidance Updated Guidance Commentary Net Interest Income 5%-7% increase for the year 8% - 9% increase for the year Driven by higher volume of P.”

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend$0.70

Capital actions during the quarter ended June 30, 2025 included the repurchase of 1,136,390 shares of common stock for $112.0 million at an average price of $98.54 per share.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Announces Second Quarter 2025 Financial Results Net income of $210.4 million in Q2 2025, compared to net income of $177.5 million in Q1 2025

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Capital actions during the quarter ended June 30, 2025 included the repurchase of 1,136,390 shares of common stock for $112.0 million at an average price of $98.54 per share.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

As of June 30, 2025, a total of $451.5 million had been repurchased under a common stock repurchase authorization of up to $500 million announced in Q3 2024.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

We recently announced an increase in our quarterly common stock dividend, from $0.70 to $0.75 per share, and a new common stock repurchase program of up to $500 million actions that reflect the strength of our capital position and our continued commitment to delivering value to shareholders.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

4 Significant Events Capital actions On July 16, 2025, the Corporation announced the following capital actions: an increase in the Corporation s quarterly common stock dividend from $0.70 to $0.75 per share, commencing with the dividend payable in the fourth quarter of 2025, subject to the approval by the Corporation s Board of Directors; and a new common stock repurchase program of up to $500 million.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

This new common stock repurchase program is in addition to the $500 million common stock repurchase program announced by the Corporation on July 24, 2024 (the 2024 Repurchase Program ).

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

As of July 15, 2025, approximately $32.8 million remained available for common stock repurchases under the 2024 Repurchase Program.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

Strategy & priorities

The timing, quantity and price of such repurchases will be subject to various factors, including market conditions, the Corporation s capital position and financial performance, the capital impact of strategic initiatives and regulatory and tax considerations.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

During the period, average deposits increased by $498.6 million, including $143.2 million in average non-interest bearing deposits, compared to the first quarter of 2025, which enabled NIM expansion as a result of the increase in U.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

NIM expansion was also driven by loan growth in the commercial, construction, mortgage and auto portfolios, as well as a favorable repricing of P.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

banking operation provides geographic diversification Commercial led strategy directed at small and medium sized businesses National niche banking focused on homeowners associations, healthcare and non-profit organizations Branch footprint in South Florida and New York Metro We continue to transform our organization to ensure long-term success.

SEC original ↗Popular, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 23, 2025

FASB ASU 2025-09, Derivatives and Hedging (Topic 815) - Hedge Accounting Improvements The FASB issued ASU 2025-09 in November 2025, which aims to improve and broaden hedge accounting under ASC Topic 815 by allowing entities to group forecasted transaction with similar risk exposures, provides a model for hedging choose-your rate debt, expands hedge accounting for forecasted purchases and sales of non financial assets, eliminates net written option limitations for certain compound derivatives, and resolves recognition mismatches in dual hedging strategies involving foreign-currency- denominated debt.

SEC original ↗Popular, Inc. — 10-Q Quarterly report10-QAug 7, 2026

Risks & headwinds

The Corporation continues to closely monitor the economic landscape and borrower performance, as economic uncertainty remains a key consideration.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

In the first quarter of 2025, management assigned equal probability weights to the baseline and pessimistic scenarios in response to economic uncertainty.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

In the second quarter of 2025, the probability weight for the pessimistic scenario was moderately decreased based on changes in the economic outlook and a reassessment of uncertainty compared to the previous quarter.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

The probability weight for the pessimistic scenario remains above the levels observed in 2024, given the ongoing economic uncertainty.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

These statements are not guarantees of future performance, are based on management s current expectations and, by their nature, involve risks, uncertainties, estimates and assumptions.

SEC original ↗Popular, Inc. — Earnings release (8-K exhibit)EX-99Jul 23, 2025

s management and, by their nature, involve risks, uncertainties, estimates and assumptions.

SEC original ↗Popular, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 23, 2025

Documents

Earnings deck slides

0 decks with slide view

Popular, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

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