Popular, Inc. income statement
In fiscal 2025, Popular, Inc. reported revenue of $3.20bn, up 8.8% on the year before and net income of $833m, or $12.30 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,998 | 2,583 | 2,061 | 1,908 | 2,243 | 1,332 | 1,929 | 1,720 | 1,921 | 2,387 | 2,462 | 2,369 | 2,600 | 3,064 | 2,782 | 2,941 | 3,199 | 3,351 |
| Interest expense | 754 | 653 | 506 | 379 | 316 | 688 | 194 | 213 | 224 | 287 | 369 | 235 | 165 | 299 | 1,114 | 1,391 | 1,242 | 1,183 |
| Net interest income | 1,101 | 1,295 | 1,435 | 1,377 | 1,433 | 945 | 1,409 | 1,422 | 1,502 | 1,735 | 1,892 | 1,857 | 1,958 | 2,167 | 2,132 | 2,282 | 2,541 | 2,668 |
| Non-interest income | 897 | 1,288 | 625 | 531 | 811 | 387 | 520 | 298 | 419 | 652 | 570 | 512 | 642 | 897 | 651 | 659 | 658 | 684 |
| Non-interest expense | 1,154 | 1,326 | 1,219 | 1,280 | 1,293 | 1,194 | 1,288 | 1,256 | 1,257 | 1,422 | 1,477 | 1,458 | 1,549 | 1,746 | 1,898 | 1,888 | 1,932 | 1,920 |
| Provision for credit losses | 1,406 | 1,012 | 576 | 409 | 603 | 270 | 241 | 170 | 325 | 228 | 166 | 293 | −193 | 83 | 209 | 257 | 260 | 289 |
| Income before tax | −562 | 246 | 266 | 219 | 348 | −132 | 399 | 294 | 339 | 738 | 818 | 619 | 1,244 | 1,235 | 676 | 797 | 1,007 | 1,142 |
| Income tax | −8 | 108 | 115 | −26 | −251 | 58 | −495 | 79 | 231 | 120 | 147 | 112 | 309 | 132 | 134 | 182 | 174 | 173 |
| Net income | −574 | 137 | 151 | 245 | 599 | −313 | 895 | 217 | 108 | 618 | 671 | 507 | 935 | 1,103 | 541 | 614 | 833 | 969 |
| Diluted EPS | $2.40 | −$0.06 | $1.44 | $2.35 | $5.78 | −$3.08 | $8.65 | $2.06 | $1.02 | $6.06 | $6.88 | $5.87 | $11.46 | $14.63 | $7.52 | $8.56 | $12.30 | $14.80 |
| Diluted shares (average) | 41m | 89m | 102m | 103m | 103m | 103m | 103m | 103m | 102m | 101m | 97m | 86m | 81m | 75m | 72m | 72m | 68m | 65m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 737 | 755 | 758 | 800 | 818 | 824 | 836 | 874 |
| Interest expense | 365 | 329 | 311 | 312 | 320 | 298 | 277 | 288 |
| Net interest income | 572 | 591 | 606 | 632 | 647 | 658 | 670 | 693 |
| Non-interest income | 164 | 165 | 152 | 168 | 171 | 166 | 166 | 181 |
| Non-interest expense | 467 | 468 | 471 | 493 | 495 | 473 | 467 | 484 |
| Provision for credit losses | 71 | 66 | 64 | 49 | 75 | 72 | 76 | 66 |
| Income before tax | 198 | 222 | 223 | 258 | 247 | 279 | 293 | 324 |
| Income tax | 42 | 44 | 45 | 48 | 36 | 45 | 47 | 46 |
| Net income | 155 | 178 | 178 | 210 | 211 | 234 | 246 | 278 |
| Diluted EPS | $2.16 | $2.51 | $2.56 | $3.09 | $3.14 | $3.52 | $3.78 | $4.35 |
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