POPULAR, INC.

BPOP 10-Q · Q1 2026

BPOP Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Interest And Fee Income Loans And Leases 702,149 666,673 +5.3%
Interest Income Deposits With Financial Institutions 44,240 70,166 -36.9%
Revenue From Investment Securities 200,827 180,159 +11.5%
Interest And Dividend Income Operating 947,216 916,998 +3.3%
Show Business Segments breakouts
BPPR · Operating Segments 748,501 731,888 +2.3%
Popular U.S. · Operating Segments 198,248 186,392 +6.4%
Show Consolidation Items breakouts
Corporate Non Segment 1,326 1,536 -13.7%
Material Reconciling Items -859 -1,137 +24.5%
Operating Segments 946,749 916,599 +3.3%
Interest Expense Deposits 259,418 297,863 -12.9%
Interest Expense Short Term Borrowings 5,703 1,426 +299.9%
Interest Expense Long Term Debt 11,915 12,112 -1.6%
Interest Expense 277,036 311,401 -11.0%
Show Business Segments breakouts
BPPR · Operating Segments 180,555 209,996 -14.0%
Popular U.S. · Operating Segments 86,541 93,450 -7.4%
Show Consolidation Items breakouts
Corporate Non Segment 10,799 10,773 +0.2%
Material Reconciling Items -859 -1,137 +24.5%
Operating Segments 267,096 301,765 -11.5%
Interest Income Expense Net 670,180 605,597 +10.7%
Provision For Loan Lease And Other Losses 75,886 64,081 +18.4%
Show Business Segments breakouts
BPPR · Operating Segments 73,533 53,512 +37.4%
Popular U.S. · Operating Segments 2,383 10,610 -77.5%
Show Consolidation Items breakouts
Corporate Non Segment -30 -41 +26.8%
Operating Segments 75,916 64,122 +18.4%
Interest Income Expense After Provision For Loan Loss 594,294 541,516 +9.7%
Revenue 38,766 39,054 -0.7%
Show Product Lines breakouts
Credit Card Fees Excluding Late Fees And Membership Fees [Member] · BPPR 27,186 25,385 +7.1%
Credit Card Fees Excluding Late Fees And Membership Fees [Member] · PB 347 405 -14.3%
Debit Card Fees [Member] · BPPR 29,785 26,234 +13.5%
Debit Card Fees [Member] · PB 224 198 +13.1%
Insurance Fees [Member] · BPPR 7,920 7,681 +3.1%
Insurance Fees [Member] · PB 2,691 1,687 +59.5%
Sales And Administration Of Investment Products [Member] · BPPR 10,187 8,973 +13.5%
Service Charges On Deposit Accounts [Member] · BPPR 36,061 36,456 -1.1%
Service Charges On Deposit Accounts [Member] · PB 2,705 2,598 +4.1%
Trust Fees [Member] · BPPR 7,748 6,631 +16.8%
Show Business Segments breakouts
BPPR 118,887 111,360 +6.8%
PB 5,967 4,888 +22.1%
Other Service Fee 102,921 94,508 +8.9%
Mortgage Banking Activities 4,213 3,689 +14.2%
Equity Securities Realized Gain Loss Impairment 1,029 -414 +348.6%
Trading Gains Losses 261 520 -49.8%
Adjustments To Indemnity Reserves On Loans Sold 35 173 -79.8%
Noninterest Income Other Operating Income 18,401 14,531 +26.6%
Noninterest Income 165,626 152,061 +8.9%
Show Business Segments breakouts
BPPR · Operating Segments 144,777 137,505 +5.3%
Popular U.S. · Operating Segments 7,952 6,143 +29.4%
Show Consolidation Items breakouts
Corporate Non Segment 13,844 9,029 +53.3%
Intersegment Elimination -21
Material Reconciling Items -926 -616 -50.3%
Operating Segments 152,708 143,648 +6.3%
Labor And Related Expense 216,069 212,713 +1.6%
Show Business Segments breakouts
BPPR · Operating Segments 152,634 151,284 +0.9%
Popular U.S. · Operating Segments 25,147 25,442 -1.2%
Show Consolidation Items breakouts
Corporate Non Segment 38,338 35,987 +6.5%
Intersegment Elimination -21
Material Reconciling Items -29
Operating Segments 177,760 176,726 +0.6%
Occupancy Net 27,299 27,218 +0.3%
Equipment Expense 5,229 5,302 -1.4%
Taxes Other 17,677 18,725 -5.6%
Professional Fees 25,553 26,825 -4.7%
Show Business Segments breakouts
BPPR · Operating Segments 11,966 13,059 -8.4%
Popular U.S. · Operating Segments 2,649 2,739 -3.3%
Show Consolidation Items breakouts
Corporate Non Segment 11,347 11,357 -0.1%
Material Reconciling Items -409 -330 -23.9%
Operating Segments 14,615 15,798 -7.5%
Information Technology And Data Processing 89,139 83,668 +6.5%
Show Business Segments breakouts
BPPR · Operating Segments 65,721 64,151 +2.4%
Popular U.S. · Operating Segments 9,534 10,088 -5.5%
Show Consolidation Items breakouts
Corporate Non Segment 13,884 9,429 +47.2%
Operating Segments 75,255 74,239 +1.4%
Professional And Contract Services Expense 39,087 37,781 +3.5%
Show Business Segments breakouts
BPPR · Operating Segments 38,457 37,179 +3.4%
Popular U.S. · Operating Segments 607 597 +1.7%
Show Consolidation Items breakouts
Corporate Non Segment 23 5 +360.0%
Operating Segments 39,064 37,776 +3.4%
Communication 4,509 4,904 -8.1%
Marketing And Advertising Expense 22,860 23,675 -3.4%
Federal Deposit Insurance Corporation Premium Expense 9,917 10,035 -1.2%
Other Real Estate Owned Expense Net Of Gain Loss On Sale Or Disposition -4,618 -3,330 -38.7%
Other Noninterest Expense 14,205 22,899 -38.0%
Amortization Of Intangible Assets 384 597 -35.7%
Show Business Segments breakouts
BPPR · Operating Segments 240 342 -29.8%
Popular U.S. · Operating Segments 144 255 -43.5%
Show Consolidation Items breakouts
Operating Segments 384 597 -35.7%
Show Finite Lived Intangible Assets By Major Class breakouts
Computer Software Intangible Asset 27,557 23,094 +19.3%
Computer Software Intangible Asset · Cloud computing arrangements 3,601 1,366 +163.6%
Computer Software Intangible Asset · Software development and license cost 23,956 21,728 +10.3%
Noninterest Expense 467,310 471,012 -0.8%
Show Business Segments breakouts
BPPR · Operating Segments 402,309 404,463 -0.5%
Popular U.S. · Operating Segments 65,559 66,937 -2.1%
Show Consolidation Items breakouts
Corporate Non Segment 313 765 -59.1%
Intersegment Elimination -21
Material Reconciling Items -850 -1,153 +26.3%
Operating Segments 467,847 471,400 -0.8%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 292,610 222,565 +31.5%
Show Business Segments breakouts
BPPR · Operating Segments 236,881 201,422 +17.6%
Popular U.S. · Operating Segments 51,717 21,538 +140.1%
Show Consolidation Items breakouts
Corporate Non Segment 4,088 -932 +538.6%
Material Reconciling Items -76 537 -114.2%
Operating Segments 288,598 222,960 +29.4%
Income Tax Expense (Benefit) 46,936 45,063 +4.2%
Show Business Segments breakouts
BPPR · Operating Segments 32,511 35,443 -8.3%
Popular U.S. · Operating Segments 14,752 6,722 +119.5%
Show Consolidation Items breakouts
Corporate Non Segment -327 2,675 -112.2%
Operating Segments 47,263 42,165 +12.1%
Net Income 245,674 177,502 +38.4%
Show Equity Components breakouts
Retained Earnings 245,674 177,502 +38.4%
Net Income Loss Available To Common Stockholders Basic 245,321 177,149 +38.5%
EPS (Basic) 3.78 2.56 +47.7%
EPS (Diluted) 3.78 2.56 +47.7%
Comprehensive Income 259,073 348,755 -25.7%
Other Comprehensive Income 13,399 171,253 -92.2%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 13,399 171,253 -92.2%
Wtd Avg Shares (Basic) 64,818,440 69,280,137 -6.4%
Wtd Avg Shares (Diluted) 64,857,608 69,307,681 -6.4%
Preferred Stock Dividends Income Statement Impact -353 -353 0.0%
Income Loss From Equity Method Investments (Q)
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
BHD LEON [Member] 17.6 1 +1660.0%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Non-Current Assets
Property, Plant & Equipment 706,233 625,237 +13.0%
Operating Lease Right-of-Use Assets 97,803 93,922 +4.1%
Goodwill 789,954 802,954 -1.6%
Show Business Segments breakouts
BPPR 434,909 434,909 0.0%
Popular U.S. 355,045 368,045 -3.5%
Total Assets 76,131,018 74,038,606 +2.8%
Show Business Segments breakouts
BPPR · Operating Segments 60,785,767 59,288,907 +2.5%
BPPR · Other 1.1 1 +10.0%
BPPR · US 735 664 +10.7%
BPPR · US 102 104 -1.9%
BPPR · US 413 455 -9.2%
BPPR · US 31 90 -65.6%
BPPR · US 1.4 1.4 0.0%
Popular U.S. · Operating Segments 14,953,476 14,529,602 +2.9%
Show Geography breakouts
Other 1,341,723 1,267,902 +5.8%
PR 58,510,727 56,870,242 +2.9%
US 16,278,568 15,900,462 +2.4%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 77,403 87,808 -11.8%
Variable Interest Entity Not Primary Beneficiary · Mortgage Servicing Rights 73,947 81,620 -9.4%
Variable Interest Entity Not Primary Beneficiary · Mortgage Servicing Rights [Member] 73,947 81,620 -9.4%
Variable Interest Entity Not Primary Beneficiary · Other Assets 3,456 6,188 -44.1%
Variable Interest Entity Not Primary Beneficiary · Servicing advances 3,456 6,188 -44.1%
Show Consolidation Items breakouts
Corporate Non Segment 5,797,656 5,906,249 -1.8%
Intersegment Elimination -49,214 -166,540 +70.4%
Material Reconciling Items -5,356,667 -5,519,612 +3.0%
Operating Segments 75,690,029 73,651,969 +2.8%
Non-Current Liabilities
Long-Term Debt (Q)
Show Debt Instrument breakouts
Fixed Rate maturing on 2028 paying interest semiannually · Unsecured Debt 396,955 395,570 +0.4%
Fixed Rate maturing on 2034 · Junior Subordinated Debt 198,406 198,380 0.0%
Total Liabilities 69,819,932 68,238,911 +2.3%
Stockholders' Equity
Common Stock 1,049 1,049 0.0%
Additional Paid-In Capital 4,928,636 4,912,886 +0.3%
Retained Earnings 5,403,176 4,699,697 +15.0%
Accumulated Other Comprehensive Income -1,168,688 -1,489,987 +21.6%
Total Stockholders' Equity 6,311,086 5,799,695 +8.8%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -1,168,688 -1,489,987 +21.6%
Additional Paid In Capital 4,928,636 4,912,886 +0.3%
Common Stock 1,049 1,049 0.0%
Preferred Stock 22,143 22,143 0.0%
Retained Earnings 5,403,176 4,699,697 +15.0%
Treasury Stock Common -2,875,230 -2,346,093 -22.6%
Total Liabilities & Equity 76,131,018 74,038,606 +2.8%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Amortization Of Intangibles 384 597 -35.7%
Depreciation Nonproduction Continued And Discontinued Operations 13,538 12,280 +10.2%
Net Accretion Of Discounts Amortization Of Premiums And Deferred Fees -57,477 -68,861 +16.5%
Interest Capitalized Loans Subject Temporary Payment Moratorium -1,238 -1,357 +8.8%
Stock Based Compensation 16,228 11,028 +47.2%
Mortgage Servicing Rights M S R Impairment Recovery 2,640 3,570 -26.1%
Income Loss From Equity Method Investments Net Of Dividends Or Distributions -12,968 -8,621 -50.4%
Deferred Income Tax Expense Benefit Incluiding Discontinued Operations -564 8,109 -107.0%
Gain Loss On Disposition Of Assets1 59 -42 +240.5%
Gain Loss On Sales Of Loans Net Including Mortgage Banking Activities -317 -194 -63.4%
Gains Losses On Sales Of Other Real Estate -2,309 -1,033 -123.5%
Payments To Purchase Loans Held For Sale -3,583 -810 -342.3%
Proceeds From Sale Of Loans Held For Sale 11,057 7,098 +55.8%
Net Disbursements On Loans Held For Sale -10,194 -6,741 -51.2%
Increase Decrease In Debt Securities Trading 17,573 6,071 +189.5%
Increase Decrease In Equity Securities Fv Ni -849 508 -267.1%
Increase Decrease In Interest And Dividends Receivable -7,770 725 -1171.7%
Increase Decrease In Other Operating Assets -2,087 12,864 -116.2%
Increase Decrease In Interest Payable Net -7,280 -7,370 +1.2%
Increase Decrease In Employee Related Liabilities 1,306 1,079 +21.0%
Increase Decrease In Other Operating Liabilities -86,060 -38,252 -125.0%
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities -54,060 -5,444 -893.0%
Net Cash from Operations 191,614 172,058 +11.4%
Investing Activities
Change In Money Market Investments -29,624 186,609 -115.9%
Purchases of Investments -10,385,670 -9,425,086 -10.2%
Payments To Acquire Equity Securities Fv Ni -10,139 -9,224 -9.9%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 8,954,537 8,429,813 +6.2%
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities 409,096 152,441 +168.4%
Proceeds From Sale Of Other Investments 23,670 13,361 +77.2%
Net Disbursements Repayments On Loans 107,425 -118,418 +190.7%
Proceeds From Sale Of Loans Receivable 14,706 39,055 -62.3%
Payments To Acquire Loans Held For Investment -160,670 -127,291 -26.2%
Payments To Acquire Equity Method Investments -1,000
Capital Expenditures -36,680 -51,526 +28.8%
Proceeds From Sale Of Productive Assets 277 197 +40.6%
Proceeds From Sale Of Foreclosed Assets 17,602 23,155 -24.0%
Net Cash from Investing -1,096,470 -886,914 -23.6%
Financing Activities
Increase Decrease In Deposits 1,425,562 939,913 +51.7%
Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net -4,424 2,435 -281.7%
Increase Decrease In Notes Payable Current -300,000 -25,000 -1100.0%
Repayments Of Notes Payable -25,000 -63,522 +60.6%
Finance Lease Principal Payments -2,030 -908 -123.6%
Proceeds From Issuance Of Stock 1,823 1,770 +3.0%
Payments Of Dividends -49,949 -49,899 -0.1%
Net Payments For Repurchase Of Common Stock -154,742 -125,341 -23.5%
Tax Withholding for Share Compensation -4,648 -3,376 -37.7%
Net Cash from Financing 886,592 676,072 +31.1%
Other Cash Flow
Net Change in Cash -18,264 -38,784 +52.9%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 394,725 390,622 +1.1%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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