earnings
confidence high
sentiment positive
materiality 0.65
Popular Q1 2026 net income $245.7M ($3.78 EPS), NIM expands to 3.66%
POPULAR, INC.
2026-Q1 EPS reported
$3.78
revenue$38,766,000
- Net income $245.7M vs $233.9M in Q4 2025; EPS $3.78 vs $3.53; YoY net income up 38%.
- Net interest margin 3.66% (tax-eq 4.14%), up from 3.61% Q4; NII $670.2M, +$12.6M QoQ.
- NPLs fell $40.2M to 1.17% of loans; net charge-offs $60.0M (0.61% annualized), including $11.1M single commercial loan.
- Deposits +$1.4B to $67.6B; loans held-in-portfolio $39.3B; CET1 ratio 15.92%.
- Repurchased 1.16M shares for $155.2M at avg $134.31; $0.75 dividend; ROTCE 15.46% vs 14.39% Q4.