earnings
confidence high
sentiment neutral
materiality 0.75
Popular posts Q3 net income $211.3M, EPS $3.15; NPLs surge $190.6M
POPULAR, INC.
2025-Q3 EPS reported
$8.78
- Net income of $211.3M ($3.15 EPS) vs $210.4M ($3.09 EPS) in Q2 2025; net interest income up $15M to $646.5M.
- Non-performing loans surged $190.6M to 1.30% of loans, driven by two large commercial loans totaling $188.4M.
- Net charge-offs increased $15.6M to 0.60% annualized; ACL to NPLs dropped to 156.6% from 246.9%.
- Common dividend raised to $0.75 per share from $0.70; bought back 1,000,862 shares for $119.4M at avg $119.33.
- Deposits down $704M to $66.5B, led by $842M decline in P.R. public deposits; loans grew $502M to $38.7B.