earnings
confidence high
sentiment positive
materiality 0.75
Popular Q4 net income $177.8M, EPS $2.51; NIM expands to 3.35%
POPULAR, INC.
2024-FY EPS reported
$8.56
- Net income $177.8M in Q4 2024 vs $155.3M in Q3 2024; diluted EPS $2.51 vs $2.16.
- Net interest income $590.8M, up $18.3M QoQ; NIM 3.35% vs 3.24%.
- Non-performing loans decreased $10.6M; NPL ratio 0.95%; NCO ratio 0.74% vs 0.65% Q3.
- Loans held-in-portfolio $37.1B, up $912.7M QoQ; deposits $64.9B, up $1.2B.
- Repurchased 2,256,420 shares for $217.3M in 2024; quarterly dividend increased to $0.70/sh from $0.62.