# Popular (BPOP) 8-K SEC filing

- Filed: Jul 23, 2026, 8:00 AM EDT
- Accession: 0000763901-26-000013
- OpenCapital page: https://www.opencapital.sh/filings/0000763901-26-000013
- Markdown URL: https://www.opencapital.sh/filings/0000763901-26-000013.md
- Official SEC filing index: https://www.sec.gov/Archives/edgar/data/763901/000076390126000013/0000763901-26-000013-index.htm

## Filing documents

- [8-K (bpop-20260723.htm)](https://www.sec.gov/Archives/edgar/data/763901/000076390126000013/bpop-20260723.htm)
- [EX-99.1 (bpop-exx991.htm)](https://www.sec.gov/Archives/edgar/data/763901/000076390126000013/bpop-exx991.htm)
- [EX-99.2 (q2-2026earningspresentat.htm)](https://www.sec.gov/Archives/edgar/data/763901/000076390126000013/q2-2026earningspresentat.htm)

---

## 8-K

SEC source: [bpop-20260723.htm](https://www.sec.gov/Archives/edgar/data/763901/000076390126000013/bpop-20260723.htm)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 23, 2026

POPULAR, INC.

(Exact name of registrant as specified in its charter)

|  |  |  |
| --- | --- | --- |
| Puerto Rico | 001-34084 | 66-0667416 |
| (State or other jurisdiction ofincorporation or organization) | (CommissionFile Number) | (IRS EmployerIdentification Number) |

209 Muñoz Rivera Avenue

Hato Rey, Puerto Rico 00918

(Address of principal executive offices) (Zip code)

(787) 765-9800

(Registrant’s telephone number, including area code)

NOT APPLICABLE

(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the

registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading  Symbol(s) Name of each exchange  on which registered

Common Stock ($0.01 par value) BPOP The NASDAQ Stock Market

6.125% Cumulative Monthly Income  Trust Preferred Securities BPOPM The NASDAQ Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act

of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition

period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the

Exchange Act. ☐

2

## Item 2.02. Results of Operations and Financial Condition.

On July 23, 2026, Popular, Inc. (the “Corporation”) issued a press release announcing its unaudited financial results

for the quarter ended June 30, 2026, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information furnished pursuant to this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1,

shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated

by reference into any of the Corporation’s filings under the Securities Act of 1933, as amended, unless otherwise expressly

stated in such filing.

## Item 7.01. Regulation FD Disclosure.

The Corporation is furnishing information regarding its conference call to discuss its financial results for the quarter

ended June 30, 2026. A copy of the presentation to be used by the Corporation on the conference call is attached hereto as

Exhibit 99.2.

The information furnished pursuant to this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.2,

shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated

by reference into any of the Corporation’s filings under the Securities Act of 1933, as amended, unless otherwise expressly

stated in such filing.

## Item 9.01. Financial Statements and Exhibits.

Exhibits 99.1 and 99.2 shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended.

|  |  |
| --- | --- |
| 99.1 | Press Release dated July 23, 2026 – Second Quarter 2026 Financial Results. |
| 99.2 | Popular, Inc. Conference Call Presentation – Second Quarter 2026 Financial Results. |
| 101 | Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language). |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101). |

3

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report

to be signed on its behalf by the undersigned hereunto duly authorized.

POPULAR, INC.  (Registrant)

Date: July 23, 2026 By: /s/ Denissa M. Rodríguez

Denissa M. Rodríguez

Senior Vice President and Corporate Comptroller

---

## EX-99.1

SEC source: [bpop-exx991.htm](https://www.sec.gov/Archives/edgar/data/763901/000076390126000013/bpop-exx991.htm)

Exhibit 99.1

SAN JUAN, Puerto Rico – (BUSINESS WIRE) – Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:

BPOP)

Popular, Inc. Announces Second Quarter 2026 Financial Results

**\|  \|  \| \| --- \| --- \| \| FINANCIAL HIGHLIGHTS \|  \|**

| ($ in millions, except per share information) | Quarters ended | Quarters ended | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- | --- | --- |
|  | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 |
| EARNINGS |  |  |  |  |  |
| Net Income | $278 | $246 | $32 | $210 | $68 |
| PER SHARE DATA |  |  |  |  |  |
| Basic EPS | $4.35 | $3.78 | $0.57 | $3.09 | $1.26 |
| Diluted EPS | $4.35 | $3.78 | $0.57 | $3.09 | $1.26 |
| Tangible Book Value / Share (non-GAAP) | $87.94 | $84.98 | $2.96 | $75.41 | $12.53 |
| FINANCIAL CONDITION |  |  |  |  |  |
| Total Assets | $78,972 | $76,131 | $2,841 | $76,065 | $2,907 |
| Loans Held in Portfolio | $39,750 | $39,290 | $460 | $38,185 | $1,565 |
| Deposits | $70,233 | $67,611 | $2,622 | $67,217 | $3,016 |
| Borrowings | $1,463 | $1,120 | $343 | $1,414 | $48 |
| CREDIT QUALITY |  |  |  |  |  |
| Non-Performing Loans | $413 | $458 | $(45) | $312 | $102 |
| NPL Ratio | 1.04% | 1.17% | -13 bps | 0.82% | 22 bps |
| NCO Ratio | 1.05% | 0.61% | 44 bps | 0.45% | 60 bps |
| ACL / Total Loans | 1.97% | 2.10% | -13 bps | 2.02% | -5 bps |
| ACL / NPLs | 190% | 180% | 10% | 247% | (57)% |
| CAPITAL & LIQUIDITY |  |  |  |  |  |
| Common Equity Tier 1 | 16.08% | 15.92% | 16 bps | 15.91% | 17 bps |
| Tier 1 Risk-Based Capital | 16.13% | 15.98% | 15 bps | 15.96% | 17 bps |
| Total Risk-Based Capital | 17.85% | 17.71% | 14 bps | 17.70% | 15 bps |
| Tier 1 Leverage | 8.57% | 8.60% | -3 bps | 8.51% | 6 bps |
| Capital Returned to Shareholders | $174 | $204 | $(30) | $160 | $14 |
| FINANCIAL RATIOS |  |  |  |  |  |
| Net Interest Margin | 3.66% | 3.66% | 0 bps | 3.49% | 17 bps |
| NIM (FTE) | 4.17% | 4.14% | 3 bps | 3.85% | 32 bps |
| Total Deposit Costs | 1.57% | 1.56% | 1 bps | 1.78% | -21 bps |
| ROTCE (non-GAAP) | 17.02% | 15.46% | 156 bps | 13.26% | 376 bps |
| ROA | 1.41% | 1.29% | 12 bps | 1.11% | 30 bps |

The financial information in this earnings release includes non-GAAP financial measures. These measures are intended to supplement, and should not be considered a substitute for, GAAP results. See the "Non-GAAP Financial Measures" section for additional information; and Table R - Reconciliation to GAAP Financial Measures. All financial information in this release, including the accompanying tables, is unaudited.

| | |
| --- | --- |
| CEO COMMENTARY | |

Javier D. Ferrer, President and Chief Executive Officer, said:

"We are pleased to report another solid quarter. Net income reached $278 million, 13% higher than the first quarter of this year and 32% higher than the same quarter a year ago. Our results reflect higher net interest income, solid fee generation, continued balance sheet growth, and strong capital generation. Our ROTCE improved to 17% from 15.5% in the previous quarter, as we remain focused on delivering sustainable, through-the-cycle shareholder returns."

"We continued to return capital to shareholders during the quarter, repurchasing $125 million of common stock, exhausting our previous $500 million authorization, and paying our quarterly dividend of $0.75 per share. We also announced additional capital actions, including a 20% increase in our quarterly dividend to $0.90 per share, subject to Board approval, and a new $1.0 billion share repurchase authorization."

"At the same time, we continued to advance our strategic priorities – to be the number one bank for our customers, to be simple and efficient, and to be a top-performing bank. It is most rewarding to see how the organization has embraced our objectives. A growing number of initiatives are gaining traction simultaneously, and the pace of execution is accelerating."

"With the satisfaction of seeing Popular solid, united, and moving forward with a clear purpose and strategy, I'm announcing my retirement, effective August 31, 2026. As I begin this next chapter, I look forward to focusing on my health and spending meaningful time with my family and close friends."

"It has been an honor to serve Popular and work alongside a team so deeply committed to our clients, communities and shareholders. I am especially grateful to our employees for their support, trust and dedication throughout my years at Popular. I am proud of what we have accomplished together and the momentum it creates for Popular’s future. I also want to thank Jorge for his partnership over the years. I know his leadership will guide Popular forward with strength, purpose and care."

**\|  \|  \| \| --- \| --- \| \| EARNINGS HIGHLIGHTS \|  \|**

| Line item | Quarters ended | Quarters ended | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- | --- | --- |
| (Dollars in thousands) | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 |
| Net interest income | $693,419 | $670,180 | $23,239 | $631,549 | $61,870 |
| Provision for credit losses | 65,873 | 75,886 | (10,013) | 48,941 | 16,932 |
| Net interest income after provision for credit losses | 627,546 | 594,294 | 33,252 | 582,608 | 44,938 |
| Non-Interest Income | 180,545 | 165,626 | 14,919 | 168,477 | 12,068 |
| Operating expenses | 484,130 | 467,310 | 16,820 | 492,761 | (8,631) |
| Income before income tax | 323,961 | 292,610 | 31,351 | 258,324 | 65,637 |
| Income tax expense | 45,747 | 46,936 | (1,189) | 47,884 | (2,137) |
| Net income | $278,214 | $245,674 | $32,540 | $210,440 | $67,774 |
| Net income per common share-basic | $4.35 | $3.78 | $0.57 | $3.09 | $1.26 |
| Net income per common share-diluted | $4.35 | $3.78 | $0.57 | $3.09 | $1.26 |

Significant Events

Leadership Transition

Popular announced today that Javier D. Ferrer will retire as President and Chief Executive Officer of the Corporation effective August 31, 2026. Jorge J. García, Executive Vice President and Chief Financial Officer of the Corporation, will succeed Mr. Ferrer as President and Chief Executive Officer effective September 1, 2026. In connection with this appointment, Lidio V. Soriano, Executive Vice President and Chief Risk Officer, has been named Executive Vice President and Chief Financial Officer and Luis Sousa, Senior Vice President and head of the Credit Risk Management Division, has been named Executive Vice President and Chief Risk Officer, effective September 1, 2026.

Capital Actions

On July 23, 2026, the Corporation announced the following capital actions:

- an increase in the Corporation’s quarterly common stock dividend from $0.75 to $0.90 per share, commencing with

the dividend payable in the fourth quarter of 2026, subject to the approval of the Corporation’s Board of Directors; and

- a new common stock repurchase authorization of up to $1 billion.

The Corporation’s planned common stock repurchases may be executed in open market transactions, privately negotiated transactions, block trades or any other manner determined by the Corporation. The Corporation has repurchased approximately $280 million in common stock to date in 2026 and, as of June 30, 2026, had fully utilized the $500 million common stock repurchase authorization approved in 2025. The timing, quantity and price of the Corporation's common stock repurchases will be subject to various factors, including market conditions, the Corporation’s capital position, liquidity and financial performance, the capital impact of strategic initiatives and tax and regulatory considerations, including regulatory approvals for subsidiary dividends. The common stock repurchase authorization does not require the Corporation to acquire a specific dollar amount or number of shares and may be modified, suspended or terminated at any time without prior notice.

**\|  \|  \| \| --- \| --- \| \| NET INTEREST INCOME (“NII”) AND NET INTEREST MARGIN (“NIM”) \|  \|**

| (Dollars in thousands) | Quarters ended | Quarters ended | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- | --- | --- |
| Popular, Inc. | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 |
| Net interest income | $693,419 | $670,180 | $23,239 | $631,549 | $61,870 |
| Net interest margin | 3.66% | 3.66% | — | 3.49% | 17 bps |
| Net interest margin FTE [1] | 4.17% | 4.14% | 3 bps | 3.85% | 32 bps |
| Total deposit costs | 1.57% | 1.56% | 1 bps | 1.78% | -21 bps |
| Core deposit costs (ex. P.R. public deposits) | 1.10% | 1.09% | 1 bps | 1.15% | -5 bps |
| Loan yield FTE [1] | 7.53% | 7.53% | — | 7.50% | 3 bps |
| Money market and investment securities yield FTE [1] | 3.69% | 3.54% | 15 bps | 3.50% | 19 bps |
| Banco Popular de Puerto Rico ("BPPR") Segment |  |  |  |  |  |
| Net interest income | $589,922 | $567,947 | $21,975 | $538,475 | $51,447 |
| Net interest margin | 3.85% | 3.85% | — | 3.68% | 17 bps |
| Total deposit costs | 1.32% | 1.31% | 1 bps | 1.52% | -20 bps |
| Popular Bank ("PB" or "Popular US") Segment |  |  |  |  |  |
| Net interest income | $113,076 | $111,707 | $1,369 | $102,195 | $10,881 |
| Net interest margin | 3.17% | 3.15% | 2 bps | 2.93% | 24 bps |
| Total deposit costs | 2.73% | 2.69% | 4 bps | 2.95% | -22 bps |
| [1] Refer to non-GAAP measures section in this earnings release. |  |  |  |  |  |

Popular, Inc. – Net interest income of $693 million increased $23 million, or 3.5%, from Q1 2026. The increase was primarily driven by higher income from investment securities, and by higher income on loans driven by commercial loan growth, as well as one additional day in the quarter. These were partially offset by higher interest expense on deposits, mainly due to higher average balances of P.R. public deposits, as well as commercial deposits at both banks. Average earning assets increased by $1.8 billion, driven by U.S. Treasury securities, which increased QoQ by $1.4 billion. Average interest-bearing deposits increased by $1.8 billion driven by P.R. public deposits which increased $1.1 billion when compared to Q1 2026 while non-interest bearing demand deposits increased by $167 million.

Net interest margin was unchanged at 3.66%. Deposit costs increased by one basis point to 1.57%. The additional day in the quarter represented $5 million in incremental income in Q2 2026.

NII fully taxable equivalent ("FTE") and NIM FTE (Non-GAAP)- NII FTE of $789 million increased $31 million, or 4.1%, from Q1 2026. NIM on a taxable equivalent basis expanded three basis points to 4.17%. Money market and investment securities yields FTE increased by 15 basis points, mainly driven by purchases and re-investment of maturities into higher yielding U.S. Treasury securities.

Interest income on a taxable equivalent basis includes interest income on U.S. Treasury securities, certain GNMA securities and certain loans in BPPR's portfolios, that are tax exempt in Puerto Rico.

Refer to tables D, E and F for more details on the components of NII and NIM on a taxable equivalent basis.

BPPR Segment – NII of $590 million increased $22 million, or 3.9%, from Q1 2026. Higher NII was driven by a $22 million or 10 basis points increase in money market and investment securities income, resulting from higher average balances and investment securities yields and a $9 million increase in loan income, mainly driven by higher average balances in the commercial, construction and mortgage portfolios. Higher interest expense on deposits of $9 million, mainly due to a $1.1 billion increase in average Puerto Rico public deposit balances and higher commercial deposits. NIM was stable at 3.85%.

Deposit costs increased by one basis point to 1.32%, including the costs of public deposits of 2.61% or five basis points lower than last quarter.

Popular Bank Segment – NII of $113 million increased $1 million, or 1.2%, from Q1 2026. The increase was primarily driven by higher commercial loan income by $4 million and higher yields by seven basis points, attributable to the re-pricing of commercial loans and new originations carrying higher yields, as well as the impact of one additional day in the quarter, partially offset by higher interest expense on deposits by $2 million or six basis points attributable to higher costs of commercial deposits. NIM expanded by two basis points to 3.17%. Deposit costs increased by 4 basis points to 2.73%.

**\|  \|  \| \| --- \| --- \| \| NON-INTEREST INCOME \|  \|**

| Line item | Quarters ended | Quarters ended | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- | --- | --- |
| (Dollars in thousands) | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 |
| Service charges on deposits | $39,037 | $38,766 | $271 | $38,826 | $211 |
| Debit card fees | 31,538 | 30,009 | 1,529 | 27,918 | 3,620 |
| Credit card fees | 34,783 | 32,000 | 2,783 | 32,502 | 2,281 |
| Other fees | 12,136 | 10,861 | 1,275 | 11,723 | 413 |
| Banking fees | $117,494 | $111,636 | $5,858 | $110,969 | $6,525 |
| Insurance fees | 12,586 | 12,525 | 61 | 12,695 | (109) |
| Brokerage and asset management fees | 9,998 | 10,187 | (189) | 9,058 | 940 |
| Trust fees | 7,751 | 7,339 | 412 | 6,626 | 1,125 |
| Asset management and insurance fees | $30,335 | $30,051 | $284 | $28,379 | $1,956 |
| Mortgage banking activities | 6,267 | 4,213 | 2,054 | 4,872 | 1,395 |
| Other operating income | 26,449 | 19,726 | 6,723 | 24,257 | 2,192 |
| Non-interest income | $180,545 | $165,626 | $14,919 | $168,477 | $12,068 |

Non-interest income of $181 million increased $15 million or 8% from Q1 2026.

Key drivers: Banking fees increased $6 million to $117 million, driven by credit and debit card fees, which increased by $3 million and $2 million, respectively, supported by strong transaction activity and higher purchase volumes, including from commercial credit cards. Other operating income increased by $7 million to $26 million, mainly driven by higher income from investments accounted for under the equity method by $4 million, that benefited from an unrealized gain of $3 million in the valuation of an investment.

Refer to Table B for further details.

**\|  \|  \| \| --- \| --- \| \| OPERATING EXPENSES \|  \|**

| Line item | Quarters ended | Quarters ended | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- | --- | --- |
| (Dollars in thousands) | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 |
| Salaries | $134,448 | $134,813 | $(365) | $132,752 | $1,696 |
| Commissions and incentives | 39,911 | 34,903 | 5,008 | 40,551 | (640) |
| Profit sharing | 10,000 | (1,203) | 11,203 | 13,000 | (3,000) |
| Pension, postretirement and other | 44,672 | 47,556 | (2,884) | 43,052 | 1,620 |
| Total personnel costs | $229,031 | $216,069 | $12,962 | $229,355 | $(324) |
| Technology and software | 90,971 | 89,139 | 1,832 | 84,696 | 6,275 |
| Professional fees | 24,484 | 25,553 | (1,069) | 28,108 | (3,624) |
| Business promotion | 27,900 | 22,860 | 5,040 | 26,385 | 1,515 |
| Transactional services | 37,266 | 39,087 | (1,821) | 37,861 | (595) |
| Net occupancy | 27,764 | 27,299 | 465 | 29,140 | (1,376) |
| Other operating expenses | 46,714 | 47,303 | (589) | 57,216 | (10,502) |
| Operating Expenses | $484,130 | $467,310 | $16,820 | $492,761 | $(8,631) |

Total operating expenses of $484 million increased $17 million, or 3%, from Q1 2026.

Key drivers: Total personnel costs increased by $13 million, or 6%, primarily reflecting higher performance-based compensation, including approximately $10 million related to the employee profit-sharing plan and additional accruals for short-term incentive compensation by $5 million, both of which are tied to the Corporation’s financial performance. Full-time equivalent employees were 9,203 as of June 30, 2026, compared to 9,191 as of March 31, 2026.

Business promotion expenses increased $5 million driven by an increase in transaction activity in Q2 2026, tied to our credit card business rewards program and a benefit in Q1 2026 from the expiration of unclaimed customer rewards points.

For a breakdown of operating expenses by category in the consolidated statement of operations refer to Table B.

| | |
| --- | --- |
| INCOME TAXES | |

For the second quarter of 2026, the Corporation recorded an income tax expense of $46 million, compared to $47 million for the previous quarter.

The Corporation's effective tax rate ("ETR") is impacted by the composition and source of its taxable income and tax credit activities. The ETR for the second quarter of 2026 was 14.1%, compared to 16.0% for the previous quarter, mainly driven by higher exempt income and the impact of other tax benefits, including the purchase of tax credits and income with preferential tax rates.

| | |
| --- | --- |
| CREDIT QUALITY | |

Credit Quality Metrics

| (Dollars in thousands) | Quarters ended | Quarters ended | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- | --- | --- |
| Popular, Inc. | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 |
| Provision for credit losses - loan portfolios | $65,154 | $75,689 | $(10,535) | $49,539 | $15,615 |
| Net charge-offs | 104,053 | 60,023 | 44,030 | 42,202 | 61,851 |
| ACL - loans held-in-portfolio | 784,832 | 823,729 | (38,897) | 769,485 | 15,347 |
| NCO Ratio | 1.05% | 0.61% | 44 bps | 0.45% | 60 bps |
| NPL Ratio | 1.04% | 1.17% | -13 bps | 0.82% | 22 bps |
| Allowance / loans held-in-portfolio | 1.97% | 2.10% | -13 bps | 2.02% | -5 bps |
| Non-performing assets | 546,694 | 503,797 | 42,897 | 357,751 | 188,943 |
| Non-performing loans held-in-portfolio | 413,437 | 458,117 | (44,680) | 311,625 | 101,812 |
| Non-performing loans held-for-sale | 83,700 | — | 83,700 | — | 83,700 |
| Other real estate owned (“OREO”) | 49,557 | 45,680 | 3,877 | 46,126 | 3,431 |
| Allowance / non-performing loans held-in-portfolio | 190% | 180% | 10% | 247% | (57)% |
| (Dollars in thousands) | Quarters ended |  |  |  |  |
| BPPR | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 |
| Provision for credit losses - loan portfolios | $61,738 | $73,298 | $(11,560) | $43,150 | $18,588 |
| Net charge-offs | 101,688 | 58,990 | 42,698 | 40,164 | 61,524 |
| Total non-performing loans held-in-portfolio | 367,824 | 420,273 | (52,449) | 257,648 | 110,176 |
| ACL - loans held-in-portfolio | 692,287 | 732,235 | (39,948) | 679,249 | 13,038 |
| NCO Ratio | 1.46% | 0.85% | 61 bps | 0.61% | 85 bps |
| Allowance / loans held-in-portfolio | 2.47% | 2.65% | -18 bps | 2.53% | -6 bps |
| Allowance / non-performing loans held-in-portfolio | 188% | 174% | 14% | 264% | (75)% |
| (Dollars in thousands) | Quarters ended |  |  |  |  |
| Popular U.S. | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 |
| Provision for credit losses (benefit) - loan portfolios | $3,416 | $2,391 | $1,025 | $6,389 | $(2,973) |
| Net charge-offs | 2,365 | 1,033 | 1,332 | 2,038 | 327 |
| Total non-performing loans held-in-portfolio | 45,613 | 37,844 | 7,769 | 53,977 | (8,364) |
| ACL - loans held-in-portfolio | 92,545 | 91,494 | 1,051 | 90,236 | 2,309 |
| NCO Ratio | 0.08% | 0.04% | 4 bps | 0.07% | 1 bps |
| Allowance / loans held-in-portfolio | 0.79% | 0.79% | 0 bps | 0.79% | 0 bps |
| Allowance / non-performing loans held-in-portfolio | 203% | 242% | (39)% | 167% | 36% |

During the second quarter of 2026, the Corporation’s overall credit quality metrics remained stable. The quarter included the resolution of a significant commercial non-performing relationship, which resulted in a $71 million charge-off and the transfer of the remaining $84 million carrying amount to loans held-for-sale. Consumer credit performance continued to improve, supported by lower losses in the auto portfolio. Commercial NPL inflows increased during the quarter, driven by borrower-specific issues that management does not view as indicative of broader credit deterioration.

Non-Performing Loans Held-in-Portfolio ("NPLs") and Net Charge Offs ("NCOs") Total NPLs decreased $45 million to $413 million during Q2 2026. Excluding consumer loans, inflows of NPLs held-in-portfolio increased $137 million in the second quarter of 2026. The ratio of NPLs to total loans held in the portfolio was 1.04% for the second quarter of 2026, compared to 1.17% for the previous quarter. NCO Ratio of 1.05% increased 44 basis points when compared to the previous quarter. Excluding the $71 million charge-off, the NCO Ratio was 0.33% for the quarter.

BPPR segment- NPLs decreased $52 million, primarily driven by a $47 million reduction in commercial NPLs. The decline reflects the resolution of a $155 million relationship, where our intent to sell resulted in a $71 million charge-off and the transfer of the remaining $84 million to loans held for sale (“LHFS”). The loan was subsequently sold on July 2, 2026. The decrease resulting from the reclassification of the loan previously mentioned was partially offset by the inflows to commercial NPLs of two unrelated commercial and industrial relationships of $129 million in the aggregate. These inflows to commercial NPLs stemmed from issues specific to the individual borrowers and are not indicative of a broader decline in portfolio credit quality or the industries in which the borrowers operate. Excluding consumer loans, BPPR segment NPL inflows increased $123 million compared to the prior quarter.

NCOs increased $43 million, primarily reflecting the previously mentioned commercial credit resolution, partially offset by a $10 million improvement in consumer NCOs, mostly due to lower losses in the auto portfolio. NCO Ratio of 1.46%, increased 61 basis points driven by the $71 million charge off during the quarter.

PB segment- NPLs increased $8 million, primarily driven by commercial NPLs. Excluding consumer loans, inflows to NPLs increased $14 million compared to the previous quarter. NCO Ratio of 0.08%, increased 4 basis points during the quarter.

Refer to table L for a breakdown of Non-Performing Assets.

Allowance for loan losses ("ACL") The ACL as of June 30, 2026 amounted to $785 million, a decrease of $39 million when compared to the first quarter of

2026. The decline primarily reflects the resolution of the commercial non-performing credit moved to LHFS, improving

consumer credit performance, and favorable portfolio and macroeconomic developments.

BPPR segment- The ACL decreased by $40 million compared to the previous quarter, mostly driven by a $22 million decrease in reserves for commercial loans. This decrease was primarily due to the transfer to LHFS of the $155 million NPL and related charge-off, as well as favorable changes in the credit quality of the portfolio and the macroeconomic scenario, partially offset by higher reserves associated with NPL inflows during the quarter and loan growth. Additionally, the ACL for consumer loans decreased by $12 million, primarily in the auto and credit card portfolios, reflecting improvements in credit quality.

PB segment- The ACL remained stable quarter-over-quarter at $93 million.

Provision for credit losses Provision for loan losses of $65 million for the second quarter of 2026. The decrease of $10 million compared to the prior quarter was primarily driven by a lower provision expense in the BPPR segment by $12 million, reflecting improved credit quality in the consumer portfolio, higher recovery activity, and a more favorable macroeconomic outlook supporting the mortgage portfolio. These favorable trends were partially offset by higher reserve requirements associated with commercial NPL inflows during the quarter.

Including the provision for unfunded loan commitments and the provision related to the Corporation’s investment portfolio, the provision for credit losses for the second quarter was $66 million.

**\|  \|  \| \| --- \| --- \| \| BALANCE SHEET \|  \|**

| Line item | Quarters ended | Quarters ended | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- | --- | --- |
| (In thousands) | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-June-25 |
| Cash and money market investments | $4,920,502 | $5,040,621 | $(120,119) | $6,741,417 | $(1,820,915) |
| Investment securities | 31,264,698 | 28,943,544 | 2,321,154 | 28,283,970 | 2,980,728 |
| Loans | 39,749,862 | 39,289,702 | 460,160 | 38,185,178 | 1,564,684 |
| Total assets | 78,972,300 | 76,131,018 | 2,841,282 | 76,065,090 | 2,907,210 |
| Deposits | 70,233,115 | 67,611,316 | 2,621,799 | 67,217,491 | 3,015,624 |
| Borrowings | 1,462,831 | 1,119,557 | 343,274 | 1,414,494 | 48,337 |
| Total liabilities | 72,539,295 | 69,819,932 | 2,719,363 | 70,111,072 | 2,428,223 |
| Stockholders’ equity | 6,433,005 | 6,311,086 | 121,919 | 5,954,018 | 478,987 |

Total assets- Total assets increased $2.8 billion from the first quarter of 2026, primarily driven by an increase of $2.3 billion in investment securities. Loans held-in-portfolio increased $460 million, mainly due to an increase of $300 million in the BPPR segment across most portfolios and an increase of $160 million in the PB segment, primarily in commercial loans.

Loans held-for-sale ("LHFS") also increased $83 million, mainly due to the loan reclassified as LHFS during the quarter.

Total liabilities- Total liabilities increased $2.7 billion from the first quarter of 2026, mainly reflecting a $2.6 billion increase in deposits, including growth in P.R. public deposits of $3.0 billion, coupled with a $325 million increase in short-term borrowings due to higher FHLB advances at PB. This was partially offset by a $246 million decline in other liabilities, primarily from lower unsettled U.S. Treasury purchases outstanding at period end.

Stockholders’ equity- Stockholders' equity increased $122 million when compared to the first quarter of 2026, driven by $278 million of net income and $35 million of amortization of unrealized losses on securities previously reclassified to held-to- maturity ("HTM"), net of tax, and a favorable variance in foreign currency translation adjustments of $22 million from our investment in BHD. These increases were partially offset by $125 million of common share repurchases, $49 million in common and preferred dividends declared, and a $50 million increase in unrealized losses on available-for-sale ("AFS") securities.

**\|  \|  \| \| --- \| --- \| \| LOANS AND DEPOSITS BY CATEGORY \|  \|**

| (Dollars in thousands) | Quarter ended 30-Jun-26 / BPPR | Quarter ended 30-Jun-26 / % | Quarter ended 30-Jun-26 / PB | Quarter ended 30-Jun-26 / % | Quarter ended 30-Jun-26 / POPULAR | Quarter ended 30-Jun-26 / % |
| --- | --- | --- | --- | --- | --- | --- |
| Loans held-in-portfolio: |  |  |  |  |  |  |
| Commercial multi-family | $345,959 | 1% | $2,053,465 | 17% | $2,399,424 | 6% |
| Commercial real estate non-owner occupied | 3,321,095 | 12% | 2,299,780 | 20% | 5,620,875 | 14% |
| Commercial real estate owner occupied | 1,156,681 | 4% | 2,100,021 | 18% | 3,256,702 | 8% |
| Commercial and industrial | 6,163,068 | 22% | 2,611,016 | 22% | 8,774,084 | 22% |
| Construction | 425,850 | 2% | 1,306,225 | 11% | 1,732,075 | 4% |
| Mortgage | 7,529,550 | 27% | 1,250,784 | 11% | 8,780,334 | 22% |
| Leasing | 1,968,035 | 7% | — | —% | 1,968,035 | 5% |
| Consumer: |  |  |  |  |  |  |
| Credit cards | 1,238,010 | 4% | (13) | —% | 1,237,997 | 3% |
| Home equity lines of credit | 1,852 | —% | 83,505 | 1% | 85,357 | —% |
| Personal | 1,896,019 | 7% | 56,706 | —% | 1,952,725 | 5% |
| Auto | 3,766,648 | 13% | — | —% | 3,766,648 | 10% |
| Other | 164,069 | 1% | 11,537 | —% | 175,606 | 1% |
| Total loans held-in-portfolio | $27,976,836 | 100% | $11,773,026 | 100% | $39,749,862 | 100% |

The Corporation maintained a diversified loan portfolio at June 30, 2026 with approximately 70% of loan balances in its main market of Puerto Rico and 54% of our consolidated loan portfolio consisting of real estate-related loans, including residential mortgage loans, construction loans, commercial multi-family, and commercial loans secured by commercial real estate.

| (Dollars in thousands) | Quarter ended 30-Jun-26 / BPPR | Quarter ended 30-Jun-26 / % | Quarter ended 30-Jun-26 / PB [2] | Quarter ended 30-Jun-26 / % | Quarter ended 30-Jun-26 / POPULAR | Quarter ended 30-Jun-26 / % |
| --- | --- | --- | --- | --- | --- | --- |
| Non-public deposits: |  |  |  |  |  |  |
| Demand deposits | $13,851,038 | 24% | $1,428,006 | 12% | $15,085,454 | 21% |
| Savings, NOW and money market deposits (non- brokered) | 17,368,199 | 30% | 6,159,751 | 52% | 23,376,410 | 33% |
| Savings, NOW and money market deposits (brokered) | 79,505 | —% | — | —% | 79,505 | —% |
| Time deposits (non-brokered) | 4,666,304 | 8% | 3,469,908 | 29% | 8,113,712 | 12% |
| Time deposits (brokered CDs) | — | —% | 873,116 | 7% | 873,116 | 1% |
| Total Non-public deposits: | 35,965,046 | 61% | 11,930,781 | 100% | 47,528,197 |  |
| P.R public deposits: |  |  |  |  |  |  |
| Demand Deposits [1] | 11,438,732 | 19% | — | —% | 11,438,732 | 16% |
| Savings, NOW and money market deposits (non-brokered) | 10,347,936 | 18% | — | —% | 10,347,936 | 15% |
| Time deposits (non-brokered) | 918,250 | 2% | — | —% | 918,250 | 1% |
| Total P.R. public deposits | 22,704,918 | 39% | — | —% | 22,704,918 | 32% |
| Total deposits | $58,669,964 | 100% | $11,930,781 | 100% | $70,233,115 | 100% |
| [1] Includes interest bearing demand deposits. |  |  |  |  |  |  |
| [2] PB deposits include intercompany deposits, which are eliminated at the consolidated level. |  |  |  |  |  |  |

Total deposits were $70.2 billion as of the end of Q2 2026, reflecting a diversified funding base across retail, commercial and public sector.

P.R. public deposits stood at $22.7 billion representing 32% of total deposits. We expect P.R. public deposits to be in the range of $20-22 billion for the rest of the year.

**\|  \|  \| \| --- \| --- \| \| CAPITAL POSITION \|  \|**

| Line item | Quarters ended | Quarters ended | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- | --- | --- |
| (In thousands) | 30-Jun-26 | 31-Mar-26 | Δ vs 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 |
| Capital Position |  |  |  |  |  |
| Common equity per share | $100.38 | $97.27 | $3.11 | $87.31 | $13.07 |
| Tangible common book value per common share (non-GAAP) [1] | $87.94 | $84.98 | $2.96 | $75.41 | $12.53 |
| Tangible common book value to tangible assets (non-GAAP) [1] | 7.18% | 7.29% | -11 bps | 6.81% | 37 bps |
| Return on average tangible common equity before adjusting for the impact of unrealized (gains) losses on AFS securities including those transferred to HTM (non-GAAP) [1] | 20.12% | 18.18% | 194 bps | 14.38% | 574 bps |
| ROTCE (non-GAAP) [1] | 17.02% | 15.46% | 156 bps | 13.26% | 376 bps |
| Regulatory Capital |  |  |  |  |  |
| Common Equity Tier 1 capital | 16.08% | 15.92% | 16 bps | 15.91% | 17 bps |
| Tier 1 capital | 16.13% | 15.98% | 15 bps | 15.96% | 17 bps |
| Total capital | 17.85% | 17.71% | 14 bps | 17.70% | 15 bps |
| Tier 1 leverage | 8.57% | 8.60% | -3 bps | 8.51% | 6 bps |
| [1] Refer to Table R for the reconciliation to most comparable GAAP measures. |  |  |  |  |  |

The Corporation's Common Equity Tier 1 capital ratio was 16.08% at June 30, 2026, higher by 16 basis points when compared to Q1 2026, which was primarily driven by higher income. Tangible common book value per common share increased to $87.94, driven by net income partially offset by capital return activity. Common equity per share increased to $100.38.

Refer to Table A for capital ratios and Table R for a reconciliation of the non-GAAP financial measures presented above to the most comparable GAAP financial measures.

Capital Actions – During the quarter and six months ended June 30, 2026, Popular repurchased 833,369 shares of common stock for $125 million at an average price of $150.36 per share and 1,988,767 shares of common stock for $280 million at an average price of $141.04 per share, respectively. Common stock repurchases and dividends on preferred and common stock combined, represented capital returned to shareholders of $174 million during the quarter and $378 million for the six months ended June 30, 2026.

ROTCE (non-GAAP) – Return on average tangible common equity, adjusted to add-back unrealized (gains) losses on AFS securities, including those transferred to HTM (as so adjusted, "ROTCE"), improved to 17.02% in Q2 2026, up from 15.46% in Q1 2026. We believe that adding back the impact of unrealized (gains) losses on AFS securities including those transferred to HTM to the denominator provides meaningful information about the Corporation’s return on capital.

**\|  \|  \| \| --- \| --- \| \| 2026 FULL YEAR OUTLOOK \|  \|**

| Metric | Original FY 2026 Guidance | Updated Guidance | Commentary |
| --- | --- | --- | --- |
| Net Interest Income | 5%-7% increase for the year | 8% - 9% increase for the year | Driven by higher volume of P.R. deposits |
| Non-Interest Income | $160 million-$165 million per quarter | $165 million - $170 million per quarter | Driven by increase in credit and debit card activity |
| NCOs | 55 bps-70 bps annualized | 65 bps - 80 bps annualized | Due to YTD commercial charge-offs and NPL inflows |
| Operating Expenses | 3% increase for the year | 2% - 3% increase for the year | Guidance includes profit sharing expense |
| Effective Tax Rate | 15%-17% for the year | 14% - 15% for the year | Driven by higher exempt income |
| Loan Growth | 3%-4% for the year | Low-end of the guidance range | Driven by consumer loan activity in P.R. and C&I loan sold in Q3 2026 |

| | |
| --- | --- |
| NON-GAAP FINANCIAL MEASURES | |

This press release contains financial information prepared under accounting principles generally accepted in the United States (“U.S. GAAP”) and non-GAAP financial measures. Management uses non-GAAP financial measures when it determines that these measures provide more meaningful information of the underlying performance of the ongoing operations. Non-GAAP financial measures used by the Corporation may not be comparable to similarly named non-GAAP financial measures used by other companies. Below are the non-GAAP measures used in this earnings release:

- NII on a fully taxable equivalent (“FTE”) basis – Management believes that this presentation provides

meaningful information since it facilitates the comparison of revenues arising from taxable and tax-exempt sources.

NII FTE is presented with its different components in Tables D and E for the quarter ended June 30, 2026 and F for the year to date ended June 30, 2026.

- Tangible common equity – The tangible common equity ratio and tangible book value per common share are

commonly used by banks and analysts in conjunction with more traditional bank capital ratios to compare the capital adequacy of banking organizations with significant amounts of goodwill or other intangible assets, typically stemming from the use of the purchase accounting method for mergers and acquisitions. Return on average tangible common equity is also a measure commonly used by banks and analysts to measure the return on that tangible common equity. We present return on average tangible common equity with and without the impact of unrealized (gains) losses on AFS securities including those transferred to HTM in the denominator because we believe that adding back the impact of unrealized (gains) losses on AFS securities including those transferred to HTM to the denominator provides meaningful information about the Corporation’s return on capital. Unless otherwise indicated, references to “ROTCE” in this press release means return on average tangible common equity as adjusted to add back unrealized (gains) losses on AFS securities, including those transferred to HTM. Neither tangible common equity nor tangible assets or related measures should be used in isolation or as a substitute for stockholders’ equity, total assets or any other measure calculated in accordance with GAAP. Refer to Table R for a reconciliation of total stockholders’ equity to tangible common equity and total assets to tangible assets.

- Adjusted Net Income – Management believes that the “Adjusted net income” provides meaningful information

about the underlying performance of the Corporation’s ongoing operations. There were no adjustments to net income for the quarter ended June 30, 2026 or March 31 2026.

| | |
| --- | --- |
| CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS | |

This press release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including without limitation those regarding Popular’s business, financial condition, results of operations, plans, objectives, outlook and future performance. These statements are not guarantees of future performance, are based on management’s current expectations and, by their nature, involve risks, uncertainties, estimates and assumptions. Potential factors, some of which are beyond the Corporation’s control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. Risks and uncertainties include, without limitation, the effect of competitive and economic factors, and our reaction to those factors, the adequacy of the allowance for loan losses, delinquency trends, market risk and the impact of interest rate changes (including on our cost of deposits), our ability to attract deposits and grow our loan portfolio, capital market conditions, capital adequacy and liquidity, the effect of legal and regulatory proceedings, the receipt of necessary regulatory approvals, including for dividends by the Corporation’s subsidiaries, and the timing of those regulatory approvals, new regulatory requirements or accounting standards on the Corporation’s financial condition and results of operations, the occurrence of unforeseen or catastrophic events, such as extreme weather events, pandemics, man-made disasters or acts of violence or war, as well as actions taken by governmental authorities in response thereto, and the direct and indirect impact of such events on Popular, our customers, service providers and third parties.

Other potential factors include Popular’s ability to successfully execute its transformation initiative, including, but not limited to, achieving projected earnings, efficiencies and return on tangible common equity and accurately anticipating costs and expenses associated therewith, our ability to execute capital actions, including with respect to share repurchases and dividends, the imposition of additional or special FDIC assessments, or increases thereto, the occurrence of any cyber-security event, changes to regulatory capital, liquidity and resolution-related requirements applicable to financial institutions, the impact of bank failures or adverse developments at other banks and related negative media coverage of the banking industry in general on investor and depositor sentiment regarding the stability and liquidity of banks, and changes in and uncertainty regarding federal funding, tax and trade policies, and rulemaking, supervision, examination and enforcement priorities of the federal administration. All statements contained herein that are not clearly historical in nature, are forward-looking, and the words “anticipate,” “believe,” “continues,” “expect,” “estimate,” “intend,” “project” and similar expressions, and future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” “may” or similar expressions, are generally intended to identify forward-looking statements.

More information on the risks and important factors that could affect the Corporation’s future results and financial condition is included in our Form 10-K for the year ended December 31, 2025, our Form 10-Q for the quarter ended March 31, 2026 and our Form 10-Q for the quarter ended June 30, 2026 to be filed with the Securities and Exchange Commission. Our filings are available on the Corporation’s website (www.popular.com) and on the Securities and Exchange Commission website (www.sec.gov). The Corporation assumes no obligation to update or revise any forward-looking statements or information which speak as of their respective dates.

| | |
| --- | --- |
| ABOUT POPULAR, INC. | |

Popular, Inc. (NASDAQ: BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Popular’s principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. and British Virgin Islands, as well as auto and equipment leasing and financing in Puerto Rico. Popular also offers broker-dealer and insurance services in Puerto Rico through specialized subsidiaries. In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida.

| | |
| --- | --- |
| CONFERENCE CALL | |

Popular will hold a conference call to discuss its financial results today, Wednesday, July 23, 2026 at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet and can be accessed through the Investor Relations section of the Corporation’s website: www.popular.com.

Following the live webcast, a replay will be archived in the investor relations section of Popular’s website.

| --- |
| Popular, Inc. |
| Financial Supplement to Second Quarter 2026 Earnings Release |
| [Table A - Selected Ratios and Other Information](#id63bb87421b640f08950a972c5e6c3bd_7) |
| [Table B - Consolidated Statement of Operations](#id63bb87421b640f08950a972c5e6c3bd_10) |
| [Table C - Consolidated Statement of Financial Condition](#id63bb87421b640f08950a972c5e6c3bd_13) |
| [Table D - Analysis of Levels and Yields on a Taxable Equivalent Basis (Non-GAAP) - QUARTER](#id63bb87421b640f08950a972c5e6c3bd_16) |
| [Table E - Analysis of Levels and Yields on a Taxable Equivalent Basis (Non-GAAP) - QUARTER](#id63bb87421b640f08950a972c5e6c3bd_19) |
| [Table F - Analysis of Levels and Yields on a Taxable Equivalent Basis (Non-GAAP) - YEAR-TO-DATE](#id63bb87421b640f08950a972c5e6c3bd_22) |
| [Table G - Mortgage Banking Activities and Other Service Fees](#id63bb87421b640f08950a972c5e6c3bd_25) |
| [Table H - Consolidated Loans and Deposits](#id63bb87421b640f08950a972c5e6c3bd_28) |
| [Table I - Loan Delinquency - BPPR Operations](#id63bb87421b640f08950a972c5e6c3bd_31) |
| [Table J - Loan Delinquency - Popular U.S. Operations](#id63bb87421b640f08950a972c5e6c3bd_34) |
| [Table K - Loan Delinquency - Consolidated](#id63bb87421b640f08950a972c5e6c3bd_37) |
| [Table L - Non-Performing Assets](#id63bb87421b640f08950a972c5e6c3bd_40) |
| [Table M - Activity in Non-Performing Loans](#id63bb87421b640f08950a972c5e6c3bd_43) |
| Ta[ble N - Allowance for Credit Losses, Net Charge-offs and Related Ratios](#id63bb87421b640f08950a972c5e6c3bd_46) |
| [Table O - Allowance for Credit Losses ‘‘ACL’’ - Loan Portfolios - BPPR Operations](#id63bb87421b640f08950a972c5e6c3bd_49) |
| [Table P - Allowance for Credit Losses ‘‘ACL’’ - Loan Portfolios - Popular U.S. Operations](#id63bb87421b640f08950a972c5e6c3bd_52) |
| T[able Q - Allowance for Credit Losses ‘‘ACL’’ - Loan Portfolios - Consolidated](#id63bb87421b640f08950a972c5e6c3bd_55) |
| [Table R - Reconciliation to GAAP Financial Measures](#id63bb87421b640f08950a972c5e6c3bd_58) |

POPULAR, INC.

Financial Supplement to Second Quarter 2026 Earnings Release Table A - Selected Ratios and Other Information (Unaudited)

| Line item | Quarters ended | Six months ended |
| --- | --- | --- |
|  | 30-Jun-25 | 30-Jun-25 |
| Basic EPS | $3.09 | $5.64 |
| Diluted EPS | $3.09 | $5.64 |
| Average common shares outstanding | 68,050,361 | 68,661,851 |
| Average common shares outstanding - assuming dilution | 68,079,649 | 68,687,659 |
| Common shares outstanding at end of period | 67,937,468 | 67,937,468 |
| Market value per common share | $110.21 | $110.21 |
| Market capitalization - (In millions) | $7,487 | $7,487 |
| Return on average assets | 1.11% | 1.04% |
| Return on average common equity | 11.77% | 10.93% |
| Net interest margin (non-taxable equivalent basis) | 3.49% | 3.45% |
| Net interest margin (taxable equivalent basis) -non-GAAP | 3.85% | 3.80% |
| Common equity per share | $87.31 | $87.31 |
| Tangible common book value per common share (non-GAAP) [1] | $75.41 | $75.41 |
| Tangible common equity to tangible assets (non-GAAP) [1] | 6.81% | 6.81% |
| Return on average tangible common equity [1] | 13.26% | 12.32% |
| Tier 1 capital | 15.96% | 15.96% |
| Total capital | 17.70% | 17.70% |
| Tier 1 leverage | 8.51% | 8.51% |
| Common Equity Tier 1 capital | 15.91% | 15.91% |

[1]Refer to Table R for reconciliation to GAAP financial measures.

**Table B - Consolidated Statement of Operations**

_(Unaudited)_

| Line item | Quarters ended | Variance Quarter ended | Variance | Six months ended |
| --- | --- | --- | --- | --- |
| (In thousands, except per share information) | 31-Mar-26 | 30-Jun-25 | Δ vs 30-Jun-25 | 30-Jun-25 |
| Interest income: |  |  |  |  |
| Loans | $702,149 | $684,587 | $29,679 | $1,351,260 |
| Money market investments | 44,240 | 69,532 | (22,511) | 139,698 |
| Investment securities | 200,827 | 189,753 | 30,599 | 369,912 |
| Total interest income | 947,216 | 943,872 | 37,767 | 1,860,870 |
| Interest expense: |  |  |  |  |
| Deposits | 259,418 | 295,058 | (23,804) | 592,921 |
| Short-term borrowings | 5,703 | 5,300 | (128) | 6,726 |
| Long-term debt | 11,915 | 11,965 | (171) | 24,077 |
| Total interest expense | 277,036 | 312,323 | (24,103) | 623,724 |
| Net interest income | 670,180 | 631,549 | 61,870 | 1,237,146 |
| Provision for credit losses | 75,886 | 48,941 | 16,932 | 113,022 |
| Net interest income after provision for credit losses | 594,294 | 582,608 | 44,938 | 1,124,124 |
| Service charges on deposit accounts | 38,766 | 38,826 | 211 | 77,880 |
| Other service fees | 102,921 | 100,522 | 8,270 | 195,030 |
| Mortgage banking activities | 4,213 | 4,872 | 1,395 | 8,561 |
| Net loss, including impairment, on debt securities | — | — | (595) | — |
| Net gain, including impairment, on equity securities | 1,029 | 1,862 | 465 | 1,448 |
| Net gain on trading account debt securities | 261 | 538 | (324) | 1,058 |
| Adjustments to indemnity reserves on loans sold | 35 | 120 | 274 | 293 |
| Other operating income | 18,401 | 21,737 | 2,372 | 36,268 |
| Total non-interest income | 165,626 | 168,477 | 12,068 | 320,538 |
| Operating expenses: |  |  |  |  |
| Personnel costs |  |  |  |  |
| Salaries | 134,813 | 132,752 | 1,696 | 263,702 |
| Commissions, incentives and other bonuses | 34,903 | 40,551 | (640) | 78,537 |
| Profit sharing | (1,203) | 13,000 | (3,000) | 13,000 |
| Pension, postretirement and medical insurance | 14,896 | 18,458 | 315 | 33,024 |
| Other personnel costs, including payroll taxes | 32,660 | 24,594 | 1,305 | 53,805 |
| Total personnel costs | 216,069 | 229,355 | (324) | 442,068 |
| Net occupancy expenses | 27,299 | 29,140 | (1,376) | 56,358 |
| Equipment expenses | 5,229 | 5,789 | 90 | 11,091 |
| Other taxes | 17,677 | 18,632 | (925) | 37,357 |
| Professional fees | 25,553 | 28,108 | (3,624) | 54,933 |
| Technology and software expenses | 89,139 | 84,696 | 6,275 | 168,364 |
| Processing and transactional services |  |  |  |  |
| Credit and debit cards | 14,206 | 13,044 | 192 | 25,970 |
| Other processing and transactional services | 24,881 | 24,817 | (787) | 49,672 |
| Total processing and transactional services | 39,087 | 37,861 | (595) | 75,642 |
| Communications | 4,509 | 5,010 | (749) | 9,914 |
| Business promotion |  |  |  |  |
| Rewards and customer loyalty programs | 15,392 | 18,047 | 1,553 | 34,412 |
| Other business promotion | 7,468 | 8,338 | (38) | 15,648 |
| Total business promotion | 22,860 | 26,385 | 1,515 | 50,060 |
| Deposit insurance | 9,917 | 9,407 | 570 | 19,442 |

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Other real estate owned (OREO) income | (3,238) | (4,618) | 1,380 | (4,124) | 886 | (7,856) | (7,454) |
| Other operating expenses |  |  |  |  |  |  |  |
| Operational losses | 3,118 | 3,975 | (857) | 6,185 | (3,067) | 7,093 | 12,323 |
| All other | 8,626 | 10,230 | (1,604) | 15,932 | (7,306) | 18,856 | 32,693 |
| Total other operating expenses | 11,744 | 14,205 | (2,461) | 22,117 | (10,373) | 25,949 | 45,016 |
| Amortization of intangibles | 384 | 384 | — | 385 | (1) | 768 | 982 |
| Total operating expenses | 484,130 | 467,310 | 16,820 | 492,761 | (8,631) | 951,440 | 963,773 |
| Income before income tax | 323,961 | 292,610 | 31,351 | 258,324 | 65,637 | 616,571 | 480,889 |
| Income tax expense | 45,747 | 46,936 | (1,189) | 47,884 | (2,137) | 92,683 | 92,947 |
| Net income | $278,214 | $245,674 | $32,540 | $210,440 | $67,774 | $523,888 | $387,942 |
| Net income applicable to common stock | $277,861 | $245,321 | $32,540 | $210,087 | $67,774 | $523,182 | $387,236 |
| Net income per common share - basic | $4.35 | $3.78 | $0.57 | $3.09 | $1.26 | $8.13 | $5.64 |
| Net income per common share - diluted | $4.35 | $3.78 | $0.57 | $3.09 | $1.26 | $8.13 | $5.64 |
| Dividends Declared per Common Share | $0.75 | $0.75 | $— | $0.70 | $0.05 | $1.50 | $1.40 |

**Table C - Consolidated Statement of Financial Condition**

_(Unaudited)_

| Line item |  | Variance |
| --- | --- | --- |
| (In thousands) | 30-Jun-25 | Δ vs 31-Mar-26 |
| Assets: |  |  |
| Cash and due from banks | $400,631 | $(19,909) |
| Money market investments | 6,340,786 | (100,210) |
| Trading account debt securities, at fair value | 29,643 | 721 |
| Debt securities available-for-sale, at fair value | 20,490,212 | 3,059,565 |
| Debt securities held-to-maturity, at amortized cost | 7,541,724 | (758,639) |
| Less: Allowance for credit losses | 5,999 | 330 |
| Debt securities held-to-maturity, net | 7,535,725 | (758,969) |
| Equity securities | 222,391 | 19,507 |
| Loans held-for-sale, at lower of cost or fair value | 2,898 | 82,976 |
| Loans held-in-portfolio | 38,611,834 | 452,738 |
| Less: Unearned income | 426,656 | (7,422) |
| Allowance for credit losses | 769,485 | (38,897) |
| Total loans held-in-portfolio, net | 37,415,693 | 499,057 |
| Premises and equipment, net | 649,191 | 25,712 |
| Other real estate | 46,126 | 3,877 |
| Accrued income receivable | 274,867 | (1,366) |
| Mortgage servicing rights, at fair value | 103,077 | 253 |
| Other assets | 1,745,052 | 30,452 |
| Goodwill | 802,954 | — |
| Other intangible assets | 5,844 | (384) |
| Total assets | $76,065,090 | $2,841,282 |
| Liabilities and Stockholders’ Equity: |  |  |
| Liabilities: |  |  |
| Deposits: |  |  |
| Non-interest bearing | $15,114,614 | $(689,495) |
| Interest bearing | 52,102,877 | 3,311,294 |
| Total deposits | 67,217,491 | 2,621,799 |
| Assets sold under agreements to repurchase | 56,043 | 42,945 |
| Other short-term borrowings | 550,000 | 325,000 |
| Notes payable | 808,451 | (24,671) |
| Other liabilities | 1,479,087 | (245,710) |
| Total liabilities | 70,111,072 | 2,719,363 |
| Stockholders’ equity: |  |  |
| Preferred stock | 22,143 | — |
| Common stock | 1,049 | 1 |
| Surplus | 4,919,950 | 8,455 |
| Retained earnings | 4,861,958 | 229,690 |
| Treasury stock | (2,455,425) | (125,529) |
| Accumulated other comprehensive loss, net of tax | (1,395,657) | 9,302 |
| Total stockholders’ equity | 5,954,018 | 121,919 |
| Total liabilities and stockholders’ equity | $76,065,090 | $2,841,282 |

Table D - Analysis of Levels and Yields on a Taxable Equivalent Basis (Non-GAAP) For the quarters ended June 30, 2026 and March 31, 2026 (audited)

| Average Volume |  | Interest | Variance Attributable to |
| --- | --- | --- | --- |
| Variance |  | Variance | Volume |
| (In millions) |  | (In thousands) |  |
| $245 | Money market investments | $2,781 | $2,260 |
| 1,281 | Investment securities [1] | 27,218 | 13,062 |
| (2) | Trading securities | (9) | (30) |
| 1,524 | Total money market, investment and trading securities | 29,990 | 15,292 |
|  | Loans: |  |  |
| 209 | Commercial | 8,107 | 3,485 |
| 67 | Construction | 661 | 1,335 |
| (15) | Leasing | 221 | (278) |
| 68 | Mortgage | 2,557 | 1,047 |
| 1 | Consumer | 227 | (181) |
| (25) | Auto | 405 | (578) |
| 305 | Total loans | 12,178 | 4,830 |
| $1,829 | Total earning assets | $42,168 | $20,122 |
|  | Interest bearing deposits: |  |  |
| $265 | NOW and money market | $3,078 | $1,092 |
| 184 | Savings | 926 | 160 |
| 193 | Time deposits | 1,168 | 1,172 |
| 1,140 | P.R. public deposits | 6,664 | 7,590 |
| 1,782 | Total interest bearing deposits | 11,836 | 10,014 |
| 167 | Non-interest bearing demand deposits |  |  |
| 1,949 | Total deposits | 11,836 | 10,014 |
| (58) | Short-term borrowings | (531) | (550) |
| (31) | Other medium and long-term debt | (121) | (441) |
| 1,693 | Total interest bearing liabilities (excluding demand deposits) | 11,184 | 9,023 |
| (31) | Other sources of funds |  |  |
| $1,829 | Total source of funds | $11,184 | $9,023 |
|  | Net interest margin/ income on a taxable equivalent basis (Non-GAAP) | $30,984 | $11,099 |
|  | Net interest spread |  |  |
|  | Taxable equivalent adjustment | 7,745 |  |
|  | Net interest margin/ income non-taxable equivalent basis (GAAP) | $23,239 |  |

Note: The changes that are not due solely to volume or rate are allocated to volume and rate based on the proportion of the change in each category.

[1]Average balances exclude unrealized gains or losses on debt securities available-for-sale and the unrealized loss related to certain securities transferred from available-for-sale to held-to-maturity.

Table E - Analysis of Levels and Yields on a Taxable Equivalent Basis (Non-GAAP) For the quarters ended June 30, 2026 and June 30, 2025

| Average Volume |  | Interest | Variance Attributable to |
| --- | --- | --- | --- |
| Variance |  | Variance | Volume |
| (In millions) |  | (In thousands) |  |
| $(1,156) | Money market investments | $(22,511) | $(11,711) |
| 2,282 | Investment securities [1] | 49,743 | 23,930 |
| 5 | Trading securities | 47 | 63 |
| 1,131 | Total money market, investment and trading securities | 27,279 | 12,282 |
|  | Loans: |  |  |
| 1,256 | Commercial | 21,001 | 21,081 |
| 305 | Construction | 4,923 | 6,036 |
| 7 | Leasing | 1,431 | 124 |
| 393 | Mortgage | 11,363 | 5,932 |
| 99 | Consumer | 1,273 | 3,268 |
| (70) | Auto | 195 | (1,614) |
| 1,990 | Total loans | 40,186 | 34,827 |
| $3,121 | Total earning assets | $67,465 | $47,109 |
|  | Interest bearing deposits: |  |  |
| $757 | NOW and money market | $2,949 | $4,596 |
| 212 | Savings | (1,738) | (604) |
| 375 | Time deposits | (1,621) | 3,054 |
| 1,169 | P.R. public deposits | (23,394) | 8,728 |
| 2,513 | Total interest bearing deposits | (23,804) | 15,774 |
| 443 | Non-interest bearing demand deposits |  |  |
| 2,956 | Total deposits | (23,804) | 15,774 |
| 69 | Short-term borrowings | (128) | 703 |
| (91) | Other medium and long-term debt | (171) | (1,424) |
| 2,491 | Total interest bearing liabilities (excluding demand deposits) | (24,103) | 15,053 |
| 187 | Other sources of funds |  |  |
| $3,121 | Total source of funds | $(24,103) | $15,053 |
|  | Net interest margin/ income on a taxable equivalent basis (Non-GAAP) | $91,568 | $32,056 |
|  | Net interest spread |  |  |
|  | Taxable equivalent adjustment | 29,698 |  |
|  | Net interest margin/ income non-taxable equivalent basis (GAAP) | $61,870 |  |

Note: The changes that are not due solely to volume or rate are allocated to volume and rate based on the proportion of the change in each category.

[1]Average balances exclude unrealized gains or losses on debt securities available-for-sale and the unrealized loss related to certain securities transferred from available-for-sale to held-to-maturity.

Table F - Analysis of Levels and Yields on a Taxable Equivalent Basis (Non-GAAP) - YEAR-TO-DATE

| Average Volume |  | Interest | Variance Attributable to |
| --- | --- | --- | --- |
| Variance |  | Variance | Volume |
| (In millions) |  | (In thousands) |  |
| $(1,341) | Money market investments | $(48,437) | $(26,862) |
| 1,841 | Investment securities [1] | 88,205 | 37,852 |
| 4 | Trading securities | 69 | 105 |
| 504 | Total money market, investment and trading securities | 39,837 | 11,095 |
|  | Loans: |  |  |
| 1,243 | Commercial | 41,420 | 41,441 |
| 346 | Construction | 12,801 | 13,765 |
| 26 | Leasing | 3,446 | 961 |
| 444 | Mortgage | 24,126 | 13,335 |
| 103 | Consumer | 3,497 | 6,883 |
| (49) | Auto | 1,887 | (2,267) |
| 2,113 | Total loans | 87,177 | 74,118 |
| $2,617 | Total earning assets | $127,014 | $85,213 |
|  | Interest bearing deposits: |  |  |
| $665 | NOW and money market | $3,107 | $9,034 |
| 169 | Savings | (5,305) | (1,338) |
| 346 | Time deposits | (4,059) | 5,486 |
| 625 | P.R public deposits | (55,992) | 9,609 |
| 1,805 | Total interest bearing deposits | (62,249) | 22,791 |
| 427 | Non-interest bearing demand deposits |  |  |
| 2,232 | Total deposits | (62,249) | 22,791 |
| 271 | Short-term borrowings | 4,149 | 5,265 |
| (90) | Other medium and long-term debt | (368) | (2,842) |
| 1,986 | Total interest bearing liabilities (excluding demand deposits) | (58,468) | 25,214 |
| 204 | Other sources of funds |  |  |
| $2,617 | Total source of funds | $(58,468) | $25,214 |
|  | Net interest margin/ income on a taxable equivalent basis (Non-GAAP) | $185,482 | $59,999 |
|  | Net interest spread |  |  |
|  | Taxable equivalent adjustment | 59,029 |  |
|  | Net interest margin/ income non-taxable equivalent basis (GAAP) | $126,453 |  |

Note: The changes that are not due solely to volume or rate are allocated to volume and rate based on the proportion of the change in each category.

[1]Average balances exclude unrealized gains or losses on debt securities available-for-sale and the unrealized loss related to certain securities transferred from available-for-sale to held-to-maturity.

Table G - Mortgage Banking Activities and Other Service Fees Mortgage Banking Activities

| Line item | Quarters ended | Variance | Six month ended |
| --- | --- | --- | --- |
| (In thousands) | 30-Jun-25 | Δ vs 30-Jun-25 | Δ vs 30-Jun-25 |
| Mortgage servicing fees, net of fair value adjustments: |  |  |  |
| Mortgage servicing fees | $6,912 | $(496) | $(1,181) |
| Mortgage servicing rights fair value adjustments | (1,954) | 1,722 | 2,653 |
| Total mortgage servicing fees, net of fair value adjustments | 4,958 | 1,226 | 1,472 |
| Net (loss) gain on sale of loans, including valuation on loans held-for-sale | (37) | 196 | 321 |
| Trading account (loss) profit: |  |  |  |
| Unrealized (losses) gains on outstanding derivative positions | (8) | (44) | 118 |
| Realized (losses) gains on closed derivative positions | (10) | 23 | 4 |
| Total trading account (loss) profit | (18) | (21) | 121 |
| Losses on repurchased loans, including interest advances | (31) | (6) | 5 |
| Total mortgage banking activities | $4,872 | $1,395 | $1,919 |

Other Service Fees

| Line item | Quarters ended | Variance | Six month ended |
| --- | --- | --- | --- |
| (In thousands) | 30-Jun-25 | Δ vs 30-Jun-25 | Δ vs 30-Jun-25 |
| Other service fees: |  |  |  |
| Debit card fees | $27,918 | $3,620 | $7,196 |
| Insurance fees | 12,695 | (109) | 1,107 |
| Credit card fees | 32,502 | 2,281 | 4,152 |
| Sale and administration of investment products | 9,058 | 940 | 2,154 |
| Trust fees | 6,626 | 1,125 | 2,164 |
| Other fees | 11,723 | 413 | (90) |
| Total other service fees | $100,522 | $8,270 | $16,683 |

Table H - Consolidated Loans and Deposits Loans - Ending Balances

| Line item | Quarters ended | Variance |
| --- | --- | --- |
| (Dollars in thousands) | 30-Jun-25 | % of Change |
| Loans held-in-portfolio: |  |  |
| Commercial |  |  |
| Commercial multi-family | $2,520,789 | (4.81%) |
| Commercial real estate non-owner occupied | 5,521,374 | 1.80% |
| Commercial real estate owner occupied | 3,003,855 | 8.42% |
| Commercial and industrial | 8,043,752 | 9.08% |
| Total Commercial | 19,089,770 | 5.04% |
| Construction | 1,468,201 | 17.97% |
| Mortgage | 8,444,427 | 3.98% |
| Leasing | 1,983,068 | (0.76%) |
| Consumer |  |  |
| Credit cards | 1,215,293 | 1.87% |
| Home equity lines of credit | 77,479 | 10.17% |
| Personal | 1,876,463 | 4.06% |
| Auto | 3,861,702 | (2.46%) |
| Other | 168,775 | 4.05% |
| Total Consumer | 7,199,712 | 0.26% |
| Total loans held-in-portfolio | $38,185,178 | 4.10% |
| Loans held-for-sale: |  |  |
| Commercial | $— | —% |
| Mortgage | $2,898 | 68.36% |
| Total loans held-for-sale | $2,898 | 2956.56% |
| Total loans | $38,188,076 | 4.32% |

Deposits - Ending Balances

| Line item | Quarters ended | Variance |
| --- | --- | --- |
| (In thousands) | 30-Jun-25 [2] | % of Change |
| Deposits excluding P.R. public deposits: |  |  |
| Demand deposits | $15,114,614 | (0.19%) |
| Savings, NOW and money market deposits (non-brokered) | 22,292,892 | 4.86% |
| Savings, NOW and money market deposits (brokered) | 91,220 | (12.84%) |
| Time deposits (non-brokered) | 8,071,836 | 0.52% |
| Time deposits (brokered CDs) | 728,969 | 19.77% |
| Sub-total deposits excluding P.R. public deposits | 46,299,531 | 2.65% |
| P.R. public deposits: |  |  |
| Demand deposits [1] | 12,376,316 | (7.58%) |
| Savings, NOW and money market deposits (non-brokered) | 7,743,663 | 33.63% |
| Time deposits (non-brokered) | 797,981 | 15.07% |
| Sub-total P.R. public deposits | 20,917,960 | 8.54% |
| Total deposits | $67,217,491 | 4.49% |

[1] Includes interest bearing demand deposits.

[2] Savings, NOW and money market deposits include reciprocal deposits of $841 million as of June 30, 2026 (March 31, 2026 - $821 million; June 30, 2025 - $738 million) that were categorized as brokered deposits during 2025 and re-characterized as non-brokered in 2026. Similarly, Time deposits include reciprocal deposits of $75 million as of June 30, 2026 (March 31, 2026 - $87 million; June 30, 2025 - $133 million) that were categorized as brokered deposits during 2025 and re-characterized as non-brokered in 2026. The presentation for June 30, 2025 has been adjusted to conform to the presentation for June 30, 2026.

Table I - Loan Delinquency - BPPR Operations

**30-Jun-26**

**BPPR**

| Line item |  | Past due 90 days or more |
| --- | --- | --- |
| (In thousands) | Loans HIP | Accruingloans |
| Commercial multi-family | $345,959 | $— |
| Commercial real estate: |  |  |
| Non-owner occupied | 3,321,095 | — |
| Owner occupied | 1,156,681 | — |
| Commercial and industrial | 6,163,068 | 4,558 |
| Construction | 425,850 | — |
| Mortgage | 7,529,550 | 191,499 |
| Leasing | 1,968,035 | — |
| Consumer: |  |  |
| Credit cards | 1,238,010 | 23,367 |
| Home equity lines of credit | 1,852 | — |
| Personal | 1,896,019 | — |
| Auto | 3,766,648 | — |
| Other | 164,069 | 325 |
| Total | $27,976,836 | $219,749 |

**31-Mar-26**

**BPPR**

| Line item |  | Past due 90 days or more |
| --- | --- | --- |
| (In thousands) | Loans HIP | Accruingloans |
| Commercial multi-family | $343,091 | $— |
| Commercial real estate: |  |  |
| Non-owner occupied | 3,392,191 | — |
| Owner occupied | 1,148,211 | — |
| Commercial and industrial | 5,940,265 | 4,212 |
| Construction | 412,779 | — |
| Mortgage | 7,435,745 | 195,954 |
| Leasing | 1,986,165 | — |
| Consumer: |  |  |
| Credit cards | 1,214,192 | 25,395 |
| Home equity lines of credit | 1,898 | — |
| Personal | 1,851,064 | 221 |
| Auto | 3,783,904 | — |
| Other | 167,408 | 436 |
| Total | $27,676,913 | $226,218 |

**Variance**

| Line item |  | Past due 90 days or more |
| --- | --- | --- |
| (In thousands) | Loans HIP | Accruingloans |
| Commercial multi-family | $2,868 | $— |
| Commercial real estate: |  |  |
| Non-owner occupied | (71,096) | — |
| Owner occupied | 8,470 | — |
| Commercial and industrial | 222,803 | 346 |
| Construction | 13,071 | — |
| Mortgage | 93,805 | (4,455) |
| Leasing | (18,130) | — |
| Consumer: |  |  |
| Credit cards | 23,818 | (2,028) |
| Home equity lines of credit | (46) | — |
| Personal | 44,955 | (221) |
| Auto | (17,256) | — |
| Other | (3,339) | (111) |
| Total | $299,923 | $(6,469) |

Table J - Loan Delinquency - Popular U.S. Operations

**30-Jun-26**

**Popular U.S.**

| Line item |  | Past due 90 days ormore |
| --- | --- | --- |
| (In thousands) | Loans HIP | Accruingloans |
| Commercial multi-family | $2,053,465 | $— |
| Commercial real estate: |  | — |
| Non-owner occupied | 2,299,780 | — |
| Owner occupied | 2,100,021 | — |
| Commercial and industrial | 2,611,016 | 174 |
| Construction | 1,306,225 | — |
| Mortgage | 1,250,784 | — |
| Consumer: |  | — |
| Credit cards | (13) | — |
| Home equity lines of credit | 83,505 | — |
| Personal | 56,706 | — |
| Other | 11,537 | — |
| Total | $11,773,026 | $174 |

**31-Mar-26**

**Popular U.S.**

| Line item |  | Past due 90 days ormore |
| --- | --- | --- |
| (In thousands) | Loans HIP | Accruingloans |
| Commercial multi-family | $2,084,204 | $— |
| Commercial real estate: |  | — |
| Non-owner occupied | 2,151,260 | — |
| Owner occupied | 2,064,145 | — |
| Commercial and industrial | 2,625,294 | 169 |
| Construction | 1,261,414 | — |
| Mortgage | 1,276,616 | — |
| Consumer: |  | — |
| Credit cards | 7 | — |
| Home equity lines of credit | 77,866 | — |
| Personal | 62,217 | — |
| Other | 9,766 | — |
| Total | $11,612,789 | $169 |

**Variance**

| Line item |  | Past due 90 days ormore |
| --- | --- | --- |
| (In thousands) | Loans HIP | Accruingloans |
| Commercial multi-family | $(30,739) | $— |
| Commercial real estate: |  |  |
| Non-owner occupied | 148,520 | — |
| Owner occupied | 35,876 | — |
| Commercial and industrial | (14,278) | 5 |
| Construction | 44,811 | — |
| Mortgage | (25,832) | — |
| Consumer: | — | — |
| Credit cards | (20) | — |
| Home equity lines of credit | 5,639 | — |
| Personal | (5,511) | — |
| Other | 1,771 | — |
| Total | $160,237 | $5 |

Table K - Loan Delinquency - Consolidated

**30-Jun-26**

**Popular, Inc.**

| Line item |  | Past due 90 days or more |
| --- | --- | --- |
| (In thousands) | Loans HIP | Accruingloans |
| Commercial multi-family | $2,399,424 | $— |
| Commercial real estate: |  |  |
| Non-owner occupied | 5,620,875 | — |
| Owner occupied | 3,256,702 | — |
| Commercial and industrial | 8,774,084 | 4,732 |
| Construction | 1,732,075 | — |
| Mortgage | 8,780,334 | 191,499 |
| Leasing | 1,968,035 | — |
| Consumer: |  |  |
| Credit cards | 1,237,997 | 23,367 |
| Home equity lines of credit | 85,357 | — |
| Personal | 1,952,725 | — |
| Auto | 3,766,648 | — |
| Other | 175,606 | 325 |
| Total | $39,749,862 | $219,923 |

**31-Mar-26**

**Popular, Inc.**

| Line item |  | Past due 90 days or more |
| --- | --- | --- |
| (In thousands) | Loans HIP | Accruingloans |
| Commercial multi-family | $2,427,295 | $— |
| Commercial real estate: |  |  |
| Non-owner occupied | 5,543,451 | — |
| Owner occupied | 3,212,356 | — |
| Commercial and industrial | 8,565,559 | 4,381 |
| Construction | 1,674,193 | — |
| Mortgage | 8,712,361 | 195,954 |
| Leasing | 1,986,165 | — |
| Consumer: |  |  |
| Credit cards | 1,214,199 | 25,395 |
| Home equity lines of credit | 79,764 | — |
| Personal | 1,913,281 | 221 |
| Auto | 3,783,904 | — |
| Other | 177,174 | 436 |
| Total | $39,289,702 | $226,387 |

**Variance**

| Line item |  | Past due 90 days or more |
| --- | --- | --- |
| (In thousands) | Loans HIP | Accruingloans |
| Commercial multi-family | $(27,871) | $— |
| Commercial real estate: |  |  |
| Non-owner occupied | 77,424 | — |
| Owner occupied | 44,346 | — |
| Commercial and industrial | 208,525 | 351 |
| Construction | 57,882 | — |
| Mortgage | 67,973 | (4,455) |
| Leasing | (18,130) | — |
| Consumer: |  |  |
| Credit cards | 23,798 | (2,028) |
| Home equity lines of credit | 5,593 | — |
| Personal | 39,444 | (221) |
| Auto | (17,256) | — |
| Other | (1,568) | (111) |
| Total | $460,160 | $(6,464) |

Table L - Non-Performing Assets

| Line item |  |  |  |  |  |  | Variance | Variance |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| (Dollars in thousands) | 30-Jun-26 | As a % ofloans HIPbycategory | 31-Mar-26 | As a % ofloans HIPbycategory | 30-Jun-25 | As a % ofloans HIPbycategory | Q2 2026 vs. Q1 2026 | Q2 2026 vs. Q2 2025 |
| Non-accrual loans: |  |  |  |  |  |  |  |  |
| Commercial |  |  |  |  |  |  |  |  |
| Commercial multi-family | $8,931 | 0.4% | $10,962 | 0.5% | $10,925 | 0.4% | $(2,031) | $(1,994) |
| Commercial real estate non-owner occupied | 32,966 | 0.6 | 33,444 | 0.6 | 13,977 | 0.3 | (478) | 18,989 |
| Commercial real estate owner occupied | 24,239 | 0.7 | 14,192 | 0.4 | 27,551 | 0.9 | 10,047 | (3,312) |
| Commercial and industrial | 144,952 | 1.7 | 192,517 | 2.2 | 11,424 | 0.1 | (47,565) | 133,528 |
| Total Commercial | 211,088 | 1.1 | 251,115 | 1.3 | 63,877 | 0.3 | (40,027) | 147,211 |
| Mortgage | 139,473 | 1.6 | 139,067 | 1.6 | 175,516 | 2.1 | 406 | (36,043) |
| Leasing | 7,182 | 0.4 | 8,892 | 0.4 | 7,976 | 0.4 | (1,710) | (794) |
| Consumer |  |  |  |  |  |  |  |  |
| Home equity lines of credit | 3,320 | 3.9 | 2,766 | 3.5 | 3,120 | 4.0 | 554 | 200 |
| Personal | 17,356 | 0.9 | 16,660 | 0.9 | 18,593 | 1.0 | 696 | (1,237) |
| Auto | 31,474 | 0.8 | 35,390 | 0.9 | 40,595 | 1.1 | (3,916) | (9,121) |
| Other | 3,544 | 2.0 | 4,227 | 2.4 | 1,948 | 1.2 | (683) | 1,596 |
| Total Consumer | 55,694 | 0.8 | 59,043 | 0.8 | 64,256 | 0.9 | (3,349) | (8,562) |
| Total non-performing loans held-in-portfolio | 413,437 | 1.0% | 458,117 | 1.2% | 311,625 | 0.8% | (44,680) | 101,812 |
| Non-performing loans held-for-sale | 83,700 |  | — |  | — |  | 83,700 | 83,700 |
| Other real estate owned (“OREO”) | 49,557 |  | 45,680 |  | 46,126 |  | 3,877 | 3,431 |
| Total non-performing assets | 546,694 |  | 503,797 |  | 357,751 |  | 42,897 | 188,943 |
| Accruing loans past due 90 days or more [1] | 219,923 |  | 226,387 |  | 206,394 |  | (6,464) | 13,529 |
| Ratios: |  |  |  |  |  |  |  |  |
| Non-performing assets to total assets | 0.69% |  | 0.66% |  | 0.47% |  |  |  |
| Non-performing loans held-in-portfolio to loans held-in-portfolio | 1.04 |  | 1.17 |  | 0.82 |  |  |  |
| Allowance for credit losses to loans held-in-portfolio | 1.97 |  | 2.10 |  | 2.02 |  |  |  |
| Allowance for credit losses to non-performing loans, excluding loans held-for-sale | 189.83 |  | 179.81 |  | 246.93 |  |  |  |

[1] It is the Corporation’s policy to report delinquent residential mortgage loans insured by FHA or guaranteed by the VA as accruing loans past due 90 days or more as opposed to non-performing since the principal repayment is insured. These balances include $40 million of residential mortgage loans insured by FHA or guaranteed by the VA that are no longer accruing interest as of June 2026 (March 2026 - $43 million ; June 2025 - $52 million). Furthermore, the Corporation has approximately $25 million reverse mortgage loans which are guaranteed by FHA, as of June 2026 . Due to the guaranteed nature of the loans, it is the Corporation’s policy to exclude these balances from non-performing assets (March 2026 - $26 million ; June 2025 - $29 million ).

Table M - Activity in Non-Performing Loans

Commercial loans held-in-portfolio:

| Line item | Quarter ended | Quarter ended |
| --- | --- | --- |
|  | 30-Jun-26 | 31-Mar-26 |
| (In thousands) | Popular, Inc. | Popular, Inc. |
| Beginning balance NPLs | $251,115 | $266,439 |
| Plus: |  |  |
| New non-performing loans | 152,477 | 8,209 |
| Advances on existing non-performing loans | 62 | 170 |
| Less: |  |  |
| Non-performing loans transferred to OREO | (301) | (650) |
| Non-performing loans charged-off | (74,606) | (11,664) |
| Loans returned to accrual status / loan collections | (33,959) | (11,389) |
| Loans transferred to held-for-sale | (83,700) | — |
| Ending balance NPLs | $211,088 | $251,115 |

Mortgage loans held-in-portfolio:

| Line item | Quarter ended | Quarter ended |
| --- | --- | --- |
|  | 30-Jun-26 | 31-Mar-26 |
| (In thousands) | Popular, Inc. | Popular, Inc. |
| Beginning balance NPLs | $139,067 | $145,795 |
| Plus: |  |  |
| New non-performing loans | 33,915 | 40,985 |
| Advances on existing non-performing loans | 4 | 11 |
| Less: |  |  |
| Non-performing loans transferred to OREO | (1,985) | (2,461) |
| Non-performing loans charged-off | 110 | (561) |
| Loans returned to accrual status / loan collections | (31,638) | (44,702) |
| Ending balance NPLs | $139,473 | $139,067 |

Total non-performing loans held-in-portfolio (excluding consumer):

| Line item | Quarter ended | Quarter ended |
| --- | --- | --- |
|  | 30-Jun-26 | 31-Mar-26 |
| (In thousands) | Popular, Inc. | Popular, Inc. |
| Beginning balance NPLs | $390,182 | $412,234 |
| Plus: |  |  |
| New non-performing loans | 186,392 | 49,194 |
| Advances on existing non-performing loans | 66 | 181 |
| Less: |  |  |
| Non-performing loans transferred to OREO | (2,286) | (3,111) |
| Non-performing loans charged-off | (74,496) | (12,225) |
| Loans returned to accrual status / loan collections | (65,597) | (56,091) |
| Loans transferred to held-for-sale | (83,700) | — |
| Ending balance NPLs | $350,561 | $390,182 |

Table N - Allowance for Credit Losses, Net Charge-offs and Related Ratios

| Line item | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- |
| (In thousands) | 30-Jun-26 | 31-Mar-26 | 30-Jun-25 |
| Balance at beginning of period - loans held-in-portfolio | $823,729 | $808,056 | $762,148 |
| Provision for credit losses | 65,154 | 75,689 | 49,539 |
| Initial allowance for credit losses - PCD Loans | 2 | 7 | — |
|  | 888,885 | 883,752 | 811,687 |
| Net loans charge-off (recovered)- BPPR |  |  |  |
| Commercial: |  |  |  |
| Commercial multi-family | — | (2) | (6) |
| Commercial real estate non-owner occupied | (4,102) | 11,115 | (451) |
| Commercial real estate owner occupied | (2,063) | (355) | (1,005) |
| Commercial and industrial | 73,406 | 731 | 1,436 |
| Total Commercial | 67,241 | 11,489 | (26) |
| Construction | — | (11) | — |
| Mortgage | (4,922) | (2,316) | (2,429) |
| Leasing | 1,840 | 2,569 | 2,736 |
| Consumer: |  |  |  |
| Credit cards | 14,300 | 16,053 | 17,311 |
| Home equity lines of credit | (44) | (91) | (307) |
| Personal | 16,143 | 17,949 | 15,776 |
| Auto | 5,808 | 12,826 | 6,557 |
| Other Consumer | 1,322 | 522 | 546 |
| Total Consumer | 37,529 | 47,259 | 39,883 |
| Total net charged-off BPPR | $101,688 | $58,990 | $40,164 |
| Net loans charge-off (recovered) - Popular U.S. |  |  |  |
| Commercial: |  |  |  |
| Commercial multi-family | 1,312 | — | 563 |
| Commercial real estate owner occupied | (139) | (115) | (26) |
| Commercial and industrial | 87 | (15) | (205) |
| Total Commercial | 1,260 | (130) | 332 |
| Construction | — | — | — |
| Mortgage | (31) | (28) | (32) |
| Consumer: |  |  |  |
| Credit cards | 1 | — | — |
| Home equity lines of credit | (106) | (234) | (579) |
| Personal | 1,233 | 1,422 | 2,305 |
| Other Consumer | 8 | 3 | 12 |
| Total Consumer | 1,136 | 1,191 | 1,738 |
| Total net charged-off Popular U.S. | $2,365 | $1,033 | $2,038 |
| Total loans net charged-off - Popular, Inc. | $104,053 | $60,023 | $42,202 |
| Balance at end of period - loans held-in-portfolio | $784,832 | $823,729 | $769,485 |
| Balance at beginning of period - unfunded commitments | $14,547 | $14,438 | $14,169 |
| Provision for credit losses (benefit) | 389 | 109 | (1,116) |
| Balance at end of period - unfunded commitments [1] | $14,936 | $14,547 | $13,053 |
| POPULAR, INC. |  |  |  |
| Annualized net charge-offs (recoveries) to average loans held-in-portfolio | 1.05% | 0.61% | 0.45% |
| Provision for credit losses (benefit) - loan portfolios to net charge-offs | 62.62% | 126.10% | 117.39% |
| BPPR |  |  |  |
| Annualized net charge-offs (recoveries) to average loans held-in-portfolio | 1.46% | 0.85% | 0.61% |
| Provision for credit losses (benefit) - loan portfolios to net charge-offs | 60.71% | 124.25% | 107.43% |
| Popular U.S. |  |  |  |
| Annualized net charge-offs (recoveries) to average loans held-in-portfolio | 0.08% | 0.04% | 0.07% |
| Provision for credit losses (benefit) - loan portfolios to net charge-offs | 144.44% | 231.46% | 313.49% |

[1] Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

Table O - Allowance for Credit Losses “ACL”- Loan Portfolios - BPPR Operations

**30-Jun-26**

**BPPR**

| (Dollars in thousands) | Total ACL | Total loans held-in-portfolio | ACL to loans held-in-portfolio |
| --- | --- | --- | --- |
| Commercial: |  |  |  |
| Commercial multi-family | $4,069 | $345,959 | 1.18% |
| Commercial real estate - non-owner occupied | 40,179 | 3,321,095 | 1.21% |
| Commercial real estate - owner occupied | 35,549 | 1,156,681 | 3.07% |
| Commercial and industrial | 166,787 | 6,163,068 | 2.71% |
| Total commercial | $246,584 | $10,986,803 | 2.24% |
| Construction | 4,803 | 425,850 | 1.13% |
| Mortgage | 70,498 | 7,529,550 | 0.94% |
| Leasing | 17,627 | 1,968,035 | 0.90% |
| Consumer: |  |  |  |
| Credit cards | 84,817 | 1,238,010 | 6.85% |
| Home equity lines of credit | 52 | 1,852 | 2.81% |
| Personal | 96,014 | 1,896,019 | 5.06% |
| Auto | 164,543 | 3,766,648 | 4.37% |
| Other | 7,349 | 164,069 | 4.48% |
| Total consumer | $352,775 | $7,066,598 | 4.99% |
| Total | $692,287 | $27,976,836 | 2.47% |

**31-Mar-26**

**BPPR**

| (Dollars in thousands) | Total ACL | Total loans held-in-portfolio | ACL to loans held-in-portfolio |
| --- | --- | --- | --- |
| Commercial: |  |  |  |
| Commercial multi-family | $4,704 | $343,091 | 1.37% |
| Commercial real estate - non-owner occupied | 48,881 | 3,392,191 | 1.44% |
| Commercial real estate - owner occupied | 35,403 | 1,148,211 | 3.08% |
| Commercial and industrial | 179,980 | 5,940,265 | 3.03% |
| Total commercial | $268,968 | $10,823,758 | 2.48% |
| Construction | 5,767 | 412,779 | 1.40% |
| Mortgage | 73,761 | 7,435,745 | 0.99% |
| Leasing | 18,588 | 1,986,165 | 0.94% |
| Consumer: |  |  |  |
| Credit cards | 89,376 | 1,214,192 | 7.36% |
| Home equity lines of credit | 67 | 1,898 | 3.53% |
| Personal | 97,457 | 1,851,064 | 5.26% |
| Auto | 170,544 | 3,783,904 | 4.51% |
| Other | 7,707 | 167,408 | 4.60% |
| Total consumer | $365,151 | $7,018,466 | 5.20% |
| Total | $732,235 | $27,676,913 | 2.65% |

**Variance**

| (Dollars in thousands) | Total ACL | Total loans held-in-portfolio | ACL to loans held-in-portfolio |
| --- | --- | --- | --- |
| Commercial: |  |  |  |
| Commercial multi-family | $(635) | $2,868 | (0.19%) |
| Commercial real estate - non-owner occupied | (8,702) | (71,096) | (0.23%) |
| Commercial real estate - owner occupied | 146 | 8,470 | (0.01%) |
| Commercial and industrial | (13,193) | 222,803 | (0.32)% |
| Total commercial | $(22,384) | $163,045 | (0.24)% |
| Construction | (964) | 13,071 | (0.27%) |
| Mortgage | (3,263) | 93,805 | (0.05)% |
| Leasing | (961) | (18,130) | (0.04)% |
| Consumer: |  |  |  |
| Credit cards | (4,559) | 23,818 | (0.51)% |
| Home equity lines of credit | (15) | (46) | (0.72%) |
| Personal | (1,443) | 44,955 | (0.20%) |
| Auto | (6,001) | (17,256) | (0.14%) |
| Other | (358) | (3,339) | (0.12%) |
| Total consumer | $(12,376) | $48,132 | (0.21%) |
| Total | $(39,948) | $299,923 | (0.18)% |

Table P - Allowance for Credit Losses “ACL”- Loan Portfolios - POPULAR U.S. Operations

**30-Jun-26**

**Popular U.S.**

| (Dollars in thousands) | Total ACL | Total loans held-in-portfolio | ACL to loans held-in-portfolio |
| --- | --- | --- | --- |
| Commercial: |  |  |  |
| Commercial multi-family | $14,850 | $2,053,465 | 0.72% |
| Commercial real estate - non-owner occupied | 15,631 | 2,299,780 | 0.68% |
| Commercial real estate - owner occupied | 17,090 | 2,100,021 | 0.81% |
| Commercial and industrial | 18,609 | 2,611,016 | 0.71% |
| Total commercial | $66,180 | $9,064,282 | 0.73% |
| Construction | 9,557 | 1,306,225 | 0.73% |
| Mortgage | 9,024 | 1,250,784 | 0.72% |
| Consumer: |  |  |  |
| Credit cards | — | (13) | -% |
| Home equity lines of credit | 1,371 | 83,505 | 1.64% |
| Personal | 6,408 | 56,706 | 11.30% |
| Other | 5 | 11,537 | 0.04% |
| Total consumer | $7,784 | $151,735 | 5.13% |
| Total | $92,545 | $11,773,026 | 0.79% |

**31-Mar-26**

**Popular U.S.**

| (Dollars in thousands) | Total ACL | Total loans held-in-portfolio | ACL to loans held-in-portfolio |
| --- | --- | --- | --- |
| Commercial: |  |  |  |
| Commercial multi-family | $15,365 | $2,084,204 | 0.74% |
| Commercial real estate - non-owner occupied | 15,265 | 2,151,260 | 0.71% |
| Commercial real estate - owner occupied | 15,713 | 2,064,145 | 0.76% |
| Commercial and industrial | 17,496 | 2,625,294 | 0.67% |
| Total commercial | $63,839 | $8,924,903 | 0.72% |
| Construction | 9,393 | 1,261,414 | 0.74% |
| Mortgage | 9,863 | 1,276,616 | 0.77% |
| Consumer: |  |  |  |
| Credit cards | — | 7 | —% |
| Home equity lines of credit | 1,111 | 77,866 | 1.43% |
| Personal | 7,282 | 62,217 | 11.70% |
| Other | 6 | 9,766 | 0.06% |
| Total consumer | $8,399 | $149,856 | 5.60% |
| Total | $91,494 | $11,612,789 | 0.79% |

**Variance**

| (Dollars in thousands) | Total ACL | Total loans held-in-portfolio | ACL to loans held-in-portfolio |
| --- | --- | --- | --- |
| Commercial: |  |  |  |
| Commercial multi-family | $(515) | $(30,739) | (0.01%) |
| Commercial real estate - non-owner occupied | 366 | 148,520 | (0.03%) |
| Commercial real estate - owner occupied | 1,377 | 35,876 | 0.05% |
| Commercial and industrial | 1,113 | (14,278) | 0.05% |
| Total commercial | $2,341 | $139,379 | 0.01% |
| Construction | 164 | 44,811 | (0.01%) |
| Mortgage | (839) | (25,832) | (0.05%) |
| Consumer: |  |  |  |
| Credit cards | — | (20) | —% |
| Home equity lines of credit | 260 | 5,639 | 0.22% |
| Personal | (874) | (5,511) | (0.40%) |
| Other | (1) | 1,771 | (0.02%) |
| Total consumer | $(615) | $1,879 | (0.47)% |
| Total | $1,051 | $160,237 | —% |

Table Q - Allowance for Credit Losses “ACL”- Loan Portfolios - Consolidated

**30-Jun-26**

**Pop Inc.**

| (Dollars in thousands) | Total ACL | Total loans held-in-portfolio | ACL to loans held-in-portfolio |
| --- | --- | --- | --- |
| Commercial: |  |  |  |
| Commercial multi-family | $18,919 | $2,399,424 | 0.79% |
| Commercial real estate - non-owner occupied | 55,810 | 5,620,875 | 0.99% |
| Commercial real estate - owner occupied | 52,639 | 3,256,702 | 1.62% |
| Commercial and industrial | 185,396 | 8,774,084 | 2.11% |
| Total commercial | $312,764 | $20,051,085 | 1.56% |
| Construction | 14,360 | 1,732,075 | 0.83% |
| Mortgage | 79,522 | 8,780,334 | 0.91% |
| Leasing | 17,627 | 1,968,035 | 0.90% |
| Consumer: |  |  |  |
| Credit cards | 84,817 | 1,237,997 | 6.85% |
| Home equity lines of credit | 1,423 | 85,357 | 1.67% |
| Personal | 102,422 | 1,952,725 | 5.25% |
| Auto | 164,543 | 3,766,648 | 4.37% |
| Other | 7,354 | 175,606 | 4.19% |
| Total consumer | $360,559 | $7,218,333 | 5.00% |
| Total | $784,832 | $39,749,862 | 1.97% |

**31-Mar-26**

**Pop Inc.**

| (Dollars in thousands) | Total ACL | Total loans held-in-portfolio | ACL to loans held-in-portfolio |
| --- | --- | --- | --- |
| Commercial: |  |  |  |
| Commercial multi-family | $20,069 | $2,427,295 | 0.83% |
| Commercial real estate - non-owner occupied | 64,146 | 5,543,451 | 1.16% |
| Commercial real estate - owner occupied | 51,116 | 3,212,356 | 1.59% |
| Commercial and industrial | 197,476 | 8,565,559 | 2.31% |
| Total commercial | $332,807 | $19,748,661 | 1.69% |
| Construction | 15,160 | 1,674,193 | 0.91% |
| Mortgage | 83,624 | 8,712,361 | 0.96% |
| Leasing | 18,588 | 1,986,165 | 0.94% |
| Consumer: |  |  |  |
| Credit cards | 89,376 | 1,214,199 | 7.36% |
| Home equity lines of credit | 1,178 | 79,764 | 1.48% |
| Personal | 104,739 | 1,913,281 | 5.47% |
| Auto | 170,544 | 3,783,904 | 4.51% |
| Other | 7,713 | 177,174 | 4.35% |
| Total consumer | $373,550 | $7,168,322 | 5.21% |
| Total | $823,729 | $39,289,702 | 2.10% |

**Variance**

| (Dollars in thousands) | Total ACL | Total loans held-in-portfolio | ACL to loans held-in-portfolio |
| --- | --- | --- | --- |
| Commercial: |  |  |  |
| Commercial multi-family | $(1,150) | $(27,871) | (0.04%) |
| Commercial real estate - non-owner occupied | (8,336) | 77,424 | (0.16%) |
| Commercial real estate - owner occupied | 1,523 | 44,346 | 0.03% |
| Commercial and industrial | (12,080) | 208,525 | (0.19)% |
| Total commercial | $(20,043) | $302,424 | (0.13)% |
| Construction | (800) | 57,882 | (0.08%) |
| Mortgage | (4,102) | 67,973 | (0.05)% |
| Leasing | (961) | (18,130) | (0.04)% |
| Consumer: |  |  |  |
| Credit cards | (4,559) | 23,798 | (0.51)% |
| Home equity lines of credit | 245 | 5,593 | 0.19% |
| Personal | (2,317) | 39,444 | (0.23%) |
| Auto | (6,001) | (17,256) | (0.14%) |
| Other | (359) | (1,568) | (0.17%) |
| Total consumer | $(12,991) | $50,011 | (0.22%) |
| Total | $(38,897) | $460,160 | (0.12)% |

Table R - Reconciliation to GAAP Financial Measures

| Line item | Quarters ended | Quarters ended | Quarters ended |
| --- | --- | --- | --- |
| (In thousands, except share or per share information) | 30-Jun-26 | 31-Mar-26 | 30-Jun-25 |
| Total stockholders’ equity | $6,433,005 | $6,311,086 | $5,954,018 |
| Less: Preferred stock | (22,143) | (22,143) | (22,143) |
| Less: Goodwill | (789,954) | (789,954) | (802,954) |
| Less: Other intangibles | (4,308) | (4,692) | (5,844) |
| Total tangible common equity | $5,616,600 | $5,494,297 | $5,123,077 |
| Total assets | $78,972,300 | $76,131,018 | $76,065,090 |
| Less: Goodwill | (789,954) | (789,954) | (802,954) |
| Less: Other intangibles | (4,308) | (4,692) | (5,844) |
| Total tangible assets | $78,178,038 | $75,336,372 | $75,256,292 |
| Tangible common equity to tangible assets | 7.18% | 7.29% | 6.81% |
| Common shares outstanding at end of period | 63,866,681 | 64,654,788 | 67,937,468 |
| Tangible book value per common share | $87.94 | $84.98 | $75.41 |

| Line item | Quarterly average | Quarterly average | Quarterly average |
| --- | --- | --- | --- |
|  | 30-Jun-26 | 31-Mar-26 | 30-Jun-25 |
| Total stockholders’ equity | $6,354,694 | $6,289,337 | $6,755,783 |
| Less: Preferred Stock | (22,143) | (22,143) | (22,143) |
| Less: Goodwill | (789,954) | (789,954) | (802,953) |
| Less: Other intangibles | (4,559) | (4,944) | (6,096) |
| Total tangible common equity before adjusting for the impact of unrealized (gains) losses on AFS securities including those transferred to HTM | $5,538,038 | $5,472,296 | $5,924,591 |
| Return on average tangible common equity before adjusting for the impact of unrealized (gains) losses on AFS securities including those transferred to HTM | 20.12% | 18.18% | 14.38% |
| Add: Average unrealized (gains) losses on AFS securities | 824,631 | 743,809 | 94,006 |
| Add: Average unrealized (gains) losses on AFS securities transferred to HTM | 184,136 | 221,114 | 334,183 |
| Total tangible common equity after adding back of impact of unrealized (gains) losses on AFS securities, including those transferred to HTM | $6,546,805 | $6,437,219 | $6,352,780 |
| ROTCE | 17.02% | 15.46% | 13.26% |

[1] Average balances exclude certain unrealized gains or losses on debt securities available-for-sale.

CONTACTS:

Investor Relations:

Paul J. Cardillo, 212-417-6721

Senior Vice President and Investor Relations Officer

pcardillo@popular.com

or

Media Relations:

MC González Noguera, 917-804-5253

Executive Vice President and Chief Communications & Public Affairs Officer

mc.gonzalez@popular.com

---

## EX-99.2

SEC source: [q2-2026earningspresentat.htm](https://www.sec.gov/Archives/edgar/data/763901/000076390126000013/q2-2026earningspresentat.htm)

Investor Presentation Second Quarter 2026

Cautionary Note Regarding Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including without limitation those regarding Popular’s business, financial condition, results of operations and objectives, outlook, performance, earnings and expenses. These statements are not guarantees of future performance, are based on the current expectations of Popular, Inc.’s management and, by their nature, involve risks, uncertainties, estimates and assumptions. Potential factors, some of which are beyond our control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. More information on the risks and important factors that could affect our future results and financial condition is included in our Form 10-K for the year ended December 31, 2025, our Form 10-Q for the quarter ended March 31, 2026, and our Form 10-Q for the quarter ended June 30, 2026, to be filed with the Securities and Exchange Commission. Our filings are available on our website (www.popular.com) and on the Securities and Exchange Commission website (www.sec.gov). We assume no obligation to update or revise any forward-looking statements which speak as of their respective dates. 2 Strategic Framework BE SIMPLE AND EFFICIENT Deliver solutions faster, improve productivity, and reduce costs BE THE #1 BANK FOR OUR CUSTOMERS Meet customers where they are. We are their first choice, always one step ahead, fostering loyalty and deepening relationships at every stage of their lives, to drive growth BE A TOP PERFORMING BANK Become a performance-driven organization with top talent, delivering sustainable, profitable growth and sustainable long-term value to our shareholders 3

4 Q2 2026 Highlights See Slide 15 for footnotes Differences due to rounding Income Statement Q2 2026 Q1 2026 Change Q2 2025 Highlights: Net Income 278$ 246$ 32$ 210$ Net Interest Margin (NIM) 3.66% 3.66% - 3.49% Net Interest Margin FTE1 4.17% 4.14% 3 bps 3.85% Total Deposit Costs 1.57% 1.56% 1 bps 1.78% EPS 4.35$ 3.78$ 0.57$ 3.09$ Financial Ratios ROA 1.41% 1.29% 12 bps 1.11% ROTCE2 17.02% 15.46% 156 bps 13.26% Ending Balances Loans Held-in-Portfolio 39,750$ 39,290$ 460$ 38,185$ Total Assets 78,972 76,131 2,841 76,065 Total Deposits 70,233 67,611 2,622 67,217 Borrowings 1,463 1,120 343 1,414 Credit Quality Capital Actions: Non-Performing Loans (NPLs) 413$ 458$ (45)$ 312$ NPL Ratio 1.04% 1.17% -13 bps 0.82% NCO Ratio 1.05% 0.61% 44 bps 0.45% ACL-NPL Ratio 190% 180% 10% 247% Capital Common Equity Tier 1 16.08% 15.92% 16 bps 15.91% Tangible Book Value Per Share 87.94$ 84.98$ $ 2.96 75.41$ Capital Returned to Shareholders3 174 204 (30) 160 Financial Highlights Quarter Highlights ($ in millions, except per share information)

- ROTCE of 17.02% vs. 15.46% in Q1
- Net interest income increased $23 million to $693 million driven by higher income from U.S. Treasury securities
- NIM 3.66% unchanged; FTE NIM expanded 3 bps to 4.17%
- Loans held-in-portfolio increased $460 million driven by commercial, construction and mortgage loans
- Total deposits increased $2.6 billion or 3.9%; excluding P.R. public deposits, customer deposits decreased $414 million or 1%
- NPLs decreased $45 million to $413 million, driven by the transfer of a $155 million NPL to loans held-for-sale ("LHFS"); NPL ratio at 1.04% vs. 1.17% in Q1
- NCO Ratio of 1.05% vs. 0.61% in Q1; excluding the $71 million charge-off related to the NPL transferred to LHFS, NCO Ratio of 0.33%
- Tangible book value per share increased $2.96 or 3.5% to $87.94
- Repurchased $125 million in common stock at an average price of $150.36 during the quarter and paid quarterly common stock dividend of $0.75 per share
- Capital returned to shareholders YTD of $378 million, including $280 million in common stock repurchases YTD at an average price of $141.04 per share
- We announced the following capital actions: ‐ an increase in our quarterly common stock dividend of 20% from $0.75 to $0.90, effective in Q4 2026, subject to Board approval ‐ a new common stock repurchase authorization of up to $1 billion

5 Q2 2026 Business Highlights Differences due to rounding ($ in millions) Q2 2026 Q1 2026 Change Q2 2025 ($ in millions) Q2 2026 Q1 2026 Change Q2 2025 Net Income 233$ 204$ 29$ 185$ Net Income 37$ 37$ - 23$ Net Interest Margin 3.85% 3.85% - 3.68% Net Interest Margin 3.17% 3.15% 2 bps 2.93% Loans Held-in-Portfolio 27,976 27,676 300 26,774 Loans Held-in-Portfolio 11,773 11,613 160 11,380 P.R. Public Deposits 22,705 19,669 3,036 20,918 Total Deposits 11,931 12,231 (300) 11,946 Total Deposits 58,670 55,887 2,783 55,882 Total Deposit Costs 2.73% 2.69% 4 bps 2.95% Total Deposit Costs 1.32% 1.31% 1 bps 1.52% Borrowings 810 467 343 754 Borrowings 57 57 -

67 Highlights: Highlights: BPPR Popular U.S.

- Loans held-in-portfolio increased $300 million: ‐ commercial and construction loans increased $176 million ‐ mortgage loans increased $93 million ‐ personal loans increased $45 million ‐ credit cards increased $24 million ‐ auto loans and leases decreased $35 million
- NIM unchanged at 3.85%: ‐ investment securities yields increased 11 bps to 2.79% ‐ loan yields increased 1 bp to 7.71% ‐ total deposit costs increased 1 bp to 1.32% ‐ P.R. public deposit costs decreased 5 bps to 2.61% ‐ excluding P.R. public deposits, total deposit costs increased 2 bps
- Loans held-in-portfolio increased $160 million: ‐ commercial and construction loans increased $184 million ‐ mortgage loans decreased $26 million; mortgage loan originations in Popular U.S. were discontinued at the end of Q3 2025
- NIM increased 2 bps to 3.17%: ‐ loan yields increased 2 bps to 6.10% ‐ total deposit costs increased 4 bps to 2.73%
- Borrowings increased $343 million due to higher short-term FHLB advances

6 Financial Summary ($ in thousands, except EPS) Q2 2026 Q1 2026 Variance Net interest income 693,419$ 670,180$ 23,239$ Provision for credit losses 65,873 75,886 (10,013) Net interest income after provision for credit losses 627,546$ 594,294$ 33,252$ Banking fees 117,494 111,636 5,858 Asset management and insurance fees 30,335 30,051 284 Mortgage banking activities 6,267 4,213 2,054 Other operating income 26,449 19,726 6,723 Total non-interest income 180,545$ 165,626$ 14,919$ Total personnel costs 229,031 216,069 12,962 Technology and software expenses 90,971 89,139 1,832 Professional fees 24,484 25,553 (1,069) Business promotions 27,900 22,860 5,040 Transactional services 37,266 39,087 (1,821) Net occupancy 27,764 27,299 465 Other operating expenses 46,714 47,303 (589) Total operating expenses 484,130$ 467,310$ 16,820$ Income before income tax 323,961 292,610 31,351 Income tax expense 45,747 46,936 (1,189) Net income 278,214$ 245,674$ 32,540$ EPS 4.35$ 3.78$ 0.57$ ROTCE 17.02% 15.46% 156 bps Quarterly Results (unaudited) Differences due to rounding

7 Net Interest Income and NIM Dynamics Quarter Highlights:

- Net interest income increased $23 million to $693 million
- Net interest margin unchanged at 3.66%
- Net interest margin (FTE) expanded 3 bps to 4.17% ‐ Money market and investment securities yields (FTE) increased 15 bps to 3.69%
- Money market and investment securities increased $2.2 billion to $35.8 billion, representing 47% of earning assets
- Total deposits increased $2.6 billion. Average total deposits increased $1.9 billion. Excluding P.R. public deposits, average customer deposits increased $807 million $632 $647 $658 $670 $693 3.85% 3.90% 4.03% 4.14% 4.17% 5.57% 5.63% 5.65% 5.66% 5.70% 1.72% 1.73% 1.62% 1.52% 1.53% - 0.01 0.02 0.03 0.04 0.05 0.06 0.07 - 100 200 300 400 500 600 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Net Interest Income and NIM ($ in millions) Net interest income NIM (FTE) Earning assets yields (FTE) Cost of funds $34.6 $33.1 $32.8 $33.6 $35.8 $38.2 $38.7 $39.3 $39.3 $39.8 $72.8 $71.8 $72.1 $72.9 $75.7 7.50% 7.49% 7.51% 7.53% 7.53% 3.50% 3.59% 3.51% 3.54% 3.69% 0 0.0 2 0.0 4 0.0 6 0.0 8 0.1 0.1 2 0.1 4 - 10.0 0 20.0 0 30.0 0 40.0 0 50.0 0 60.0 0 70.0 0 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Earning Assets (ending balances, $ in billions) Loan balances Money market and investment securities Loan yields (FTE) Money market and investment securities yields (FTE) $46.3 $46.4 $46.8 $47.9 $47.5 $20.9 $20.1 $19.4 $19.7 $22.7 $68.6 $67.8 $67.6 $68.7 $71.7 3.22% 3.19% 2.97% 2.66% 2.61% 1.15% 1.17% 1.14% 1.09% 1.10% - 0.01 00 0.02 00 0.03 00 0.04 00 0.05 00 0.06 00 - 10.0 0 20.0 0 30.0 0 40.0 0 50.0 0 60.0 0 70.0 0 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Sources of Funds (ending balances, $ in billions) Deposits, excl P.R. public deposits P.R. public deposits Borrowings P.R. public deposit costs Deposit Costs, excl P.R. public deposit costs Differences due to rounding

8 Non-Interest Income Quarter Highlights:

- Non-interest income increased $15 million to $181 million
- Non-interest income increased 7% YoY ‐ Debit card fees increased $2 million or 5% when compared to Q1 driven by higher number of transactions ‐ Credit card fees increased $3 million or 9% driven by higher purchase volumes ‐ Other operating income increased $7 million or 34% when compared to Q1 driven by higher income on equity method investments Differences due to rounding ($ in millions) Q2 2026 Q1 2026 Variance Q2 2025 Q1 2026 Q2 2025 Service charges on deposits $ 39.0 $ 38.8 $ 0.3 $ 38.8 1% 1% Debit card fees 31.5 30.0 1.5 27.9 5% 13% Credit card fees 34.8 32.0 2.8 32.5 9% 7% Other fees 12.1 10.9 1.3 11.7 12% 4% Banking fees $ 117.5 $ 111.6 $ 5.9 $ 111.0 5% 6% Insurance fees 12.6 12.5 0.1 12.7 - (1%) Brokerage and asset management fees 10.0 10.2 (0.2) 9.1 (2%) 10% Trust fees 7.8 7.3 0.4 6.6 6% 17% Asset management and insurance fees $ 30.3 $ 30.1 $ 0.3 $ 28.4 1% 7% Mortgage banking activities 6.3 4.2 2.1 4.9 49% 29% Other operating income 26.4 19.7 6.7 24.2 34% 9% Non-interest income $ 180.5 $ 165.6 $ 14.9 $ 168.5 9% 7% Change vs. $168 $171 $166 $166 $181 - 20.0 0 40.0 0 60.0 0 80.0 0 100 .00 120 .00 140 .00 160 .00 180 .00 200 .00 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Non-Interest Income ($ in millions) Asset management and insurance fees Other operating income Mortgage banking activities

9 Operating Expenses Quarter Highlights:

- Operating expenses increased $17 million to $484 million: ‐ Personnel costs increased $13 million driven by a $10 million accrual related to our profit-sharing plan and an increase of $5 million driven by performance- based incentives ‐ Business promotion expense increased $5 million, driven by higher credit card loyalty programs and the benefit of the expiration of unclaimed rewards points in Q1 $493 $495 $473 $467 $484 - 100 .00 200 .00 300 .00 400 .00 500 .00 - 100 .00 200 .00 300 .00 400 .00 500 .00 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Operating Expenses ($ in millions) Personnel costs Technology and professional fees Net occupancy and other expenses Business promotion and transactional services ($ in millions) Q2 2026 Q1 2026 Variance Q2 2025 Q1 2026 Q2 2025 Salaries $ 134.4 $ 134.8 $ (0.4) $ 132.8 - 1% Commissions and incentives 39.9 34.9 5.0 40.6 14% (2%) Profit Sharing 10.0 (1.2) 11.2 13.0 NM1 (23%) Pension, postretirement and other 44.7 47.6 (2.9) 43.1 (6%) 4% Total personnel costs $ 229.0 $ 216.1 $ 13.0 $ 229.4 6% - Technology and software 91.0 89.1 1.8 84.7 2% 7% Professional fees 24.5 25.6 (1.1) 28.1 (4%) (13%) Business promotion 27.9 22.9 5.0 26.4 22% 6% Transactional services 37.3 39.1 (1.8) 37.9 (5%) (2%) Net occupancy 27.8 27.3 0.5 29.1 2% (5%) Other operating expenses 46.7 47.3 (0.6) 57.2 (1%) (18%) Operating expenses $ 484.1 $ 467.3 $ 16.8 $ 492.7 4% (2%) Change vs. See Slide 15 for footnotes Differences due to rounding

10 Capital Quarter Highlights:

- Repurchased $125 million in common stock at an average price of $150.36 in the quarter and paid quarterly common stock dividend of $0.75 per share
- Since resuming common stock repurchases in 2024, we have repurchased $1 billion in common stock, including $280 million in common stock repurchases YTD at an average price of $141.04 per share
- We announced the following capital actions: ‐ an increase in the Corporation’s quarterly common stock dividend of 20% from $0.75 to $0.90 per share, commencing with the dividend payable in the fourth quarter of 2026, subject to the approval of the Corporation’s Board of Directors; and ‐ a new common stock repurchase authorization of up to $1 billion 16.30% 5.06% (2.56%) (1.48%) 16.08% (1.24%) Q4-23 Net income Dividends Repurchases RWA and other Q2-26 Common Equity Tier 1 15.91 15.96 17.70 8.51 6.81 15.92 15.98 17.71 8.60 7.29 16.08 16.13 17.85 8.57 7.19 0.0 0 2.0 0 4.0 0 6.0 0 8.0 0 10. 00 12. 00 14. 00 16. 00 18. 00 20. 00 Common Equity Tier 1 Capital Tier 1 Risk-Based Capital Total Risk-Based Capital Tier 1 Leverage TCE Popular, Inc. (numbers in percentage) Q2 2025 Q1 2026 Q2 2026 15.97 15.97 17.24 7.43 5.22 15.75 15.75 17.01 7.39 5.62 16.40 16.40 17.66 7.53 5.73 0 2 4 6 8 10 12 14 16 18 20 Common Equity Tier 1 Capital Tier 1 Risk-Based Capital Total Risk-Based Capital Tier 1 Leverage TCE BPPR (numbers in percentage) Q2 2025 Q1 2026 Q2 2026 Differences due to rounding

$67 $60 $61 $45 $41 $247 $59 $49 $186 0 100 200 300 400 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NPL Inflows ($ in millions) Popular U.S. BPPR Total 11 Non-Performing Assets Quarter Highlights:

- NPLs and NPAs in BPPR during the quarter were impacted by the resolution of a $155 million commercial non-performing relationship: ‐ resulted in a $71 million charge-off; and ‐ the transfer of the remaining $84 million to LHFS. The loan was subsequently sold on July 2, 2026
- Commercial NPL inflows in BPPR increased due to two loans totaling $129 million, each with borrower-specific issues that are not indicative of broader credit deterioration $342 $361 $351 $314 $312 $502 $498 $458 $413 0.96% 1.00% 0.95% 0.85% 0.82% 1.30% 1.27% 1.17% 1.04% 0 0.005 0.01 0.015 0.02 0.025 0.03 0.035 0.04 0 100 200 300 400 500 600 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Non-Performing Loans ($ in millions) Commercial and Construction Mortgage Other NPLs/Loans Differences due to rounding $412 $424 $408 $366 $358 $545 $541 $504 $547 0.57% 0.60% 0.56% 0.50% 0.47% 0.73% 0.72% 0.66% 0.69% 0.000000000 0.005000000 0.010000000 0.015000000 0.020000000 0.025000000 0.030000000 0.035000000 0.040000000 0 100 200 300 400 500 600 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Non-Performing Assets ($ in millions) NPLs NPL HFS OREO NPAs/Total Assets

12 NCOs and Allowance for Credit Losses Quarter Highlights:

- NCOs increased $44 million, driven by a $71 million charge-off associated with the sale of a $155 million non-performing loan, partially offset by lower consumer NCOs, mainly related to the auto portfolio. NCO Ratio increased 44 bps to 1.05%; excluding the $71 million charge-off, NCO Ratio of 0.33%
- ACL decreased $39 million to $785 million, mainly driven by lower reserves for commercial loans and consumer loans. ACL-to-Loans Ratio at 1.97% vs. 2.10% in Q1 Allowance for Credit Losses ($ in millions) Balance Reserve Build Balance Reserve Build Balance ACL/Loan Q2 2025 (Release) Q1 2026 (Release) Q2 2026 Q2 2026 Commercial 277$ 71$ 348$ (21)$ 327$ 1.50% Mortgage 85 (2) 84 (4) 80 0.91% Leases 20 (1) 19 (1) 18 0.90% Consumer: 387 (14) 374 (13) 361 5.00% Credit Cards 92 (3) 89 (5) 85 6.85% Personal Loans 105 1 106 (2) 104 5.10% Auto 182 (12) 171 (6) 165 4.36% Other 8 (0) 8 (0) 7 4.39% Total ACL 769$ 54$ 824$ (39)$ 785$ 1.97% Portfolios $54 $59 $67 $49 $42 $58 $50 $60 $104 0.61% 0.65% 0.74% 0.53% 0.45% 0.60% 0.51% 0.61% 1.05% -1.00% 0.0 0% 1.0 0% 2.0 0% 3.0 0% 4.0 0% (3 0) (1 0) 10 30 50 70 90 110 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NCOs and NCO-to-Loans Ratio ($ in millions) Commercial and Construction Mortgage Leases Consumer NCO% $49 $58 $63 $51 $42 $44 $46 $48 $39 2.80% 3.26% 3.56% 2.85% 2.33% 2.46% 2.56% 2.69% 2.15% 0.0 0% 1.0 0% 2.0 0% 3.0 0% 4.0 0% 5.0 0% (20) (10) - 10 20 30 40 50 60 70 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Consumer NCOs by Loan Portfolio ($ in millions) Credit Card Personal Auto Other NCO% $824 $(104) $46 $14 $5 $785 Q1 2026 ACL NCOs Commercial Changes Consumer Changes Economic Scenarios and … Q2 2026 ACL 650 670 690 710 730 750 770 790 810 830 ACL Movement ($ in millions) Q1 2026 ACL NCOs Economic scenario and qualitative Commercial portfolio Retail Loan portfolios Q2 26 ACL

13 Driving Value Franchise Market leader in Puerto Rico

- Extensive customer base with 2.1 million customers
- Solid deposit franchise and a well diversified loan portfolio
- Distinct multichannel experience with top digital solutions and an unmatched branch network
- Diversified business model, strong capital and ample liquidity to support our clients Mainland U.S. banking operation provides geographic diversification
- Commercial led strategy directed at small and medium sized businesses
- National banking segments focused on homeowners’ associations and healthcare
- Other key niche segments include non-profit organizations and construction in the NY Metro
- Branch footprint in South Florida and New York Metro Our Strategy
- Continued to advance our three strategic objectives. A growing number of initiatives are gaining traction simultaneously, and the pace of execution is accelerating. Recent examples include: ‐ Enhancing physical and digital channels to deliver a seamless customer experience through the ongoing modernization of our branch network, and investments in technology, digital capabilities, and self-service solutions ‐ Strengthening retail customer engagement through innovative digital solutions such as personalized credit management tools and an integrated marketplace within our digital banking platform that connects our retail and business customers ‐ Expanding commercial capabilities and broadening reach, including a modernized cash management platform, enhanced corporate credit card solutions and targeted programs for key professional sectors Capital Actions
- Repurchased $125 million in common stock at an average price of $150.36 in the quarter and paid quarterly common stock dividend of $0.75 per share
- Capital returned to shareholders YTD of $378 million, including $280 million in common stock repurchases YTD at an average price of $141.04 per share
- We announced an increase in our quarterly common stock dividend of 20% from $0.75 to $0.90 effective in Q4 2026, subject to the Board approval, and a new common stock repurchase authorization of up to $1 billion Corporate Sustainability
- Our sustainability strategy is guided by three pillars: Provide Opportunity, Protect the Environment, and Promote Trust. More details on our strategy are included in our 2025 Corporate Sustainability Report published this June
- We continue creating social and economic value in our communities through targeted investments and partnerships. ‐ In 2025, we deployed over $1.1 billion to support small businesses and entrepreneurs and launched Mi Crédito to strengthen customers’ financial well-being

14 Guidance Original FY 2026 Guidance Updated Guidance Commentary Driven by higher exempt income Driven by consumer loan activity in P.R. and C&I loan sold in Q3 2026 2026 Guidance 8%-9% increase for the year $165 million - $170 million per quarter 65 bps-80 bps annualized 2%-3% increase for the year Driven by higher volume of P.R. deposits Driven by increase in credit and debit card activity Due to YTD commercial charge-offs and NPL inflows Guidance includes profit sharing expense 14%-15% for the year Low-end of the guidance range Non-Interest Income $160 million - $165 million per quarter Net Interest Income 5%-7% increase for the year NCOs 55 bps-70 bps annualized Operating Expenses 3% increase for the year Effective Tax Rate 15%-17% for the year Loan Growth 3%-4% for the year

15 Footnotes Slide 4: 1- Fully taxable equivalent (“FTE”) net interest margin (“NIM”) represents a non-GAAP financial measure. See the Corporation's earnings press release, Form 10-Q and Form 10-K filed, or to be filed, with the U.S. Securities and Exchange Commission for the applicable periods’ GAAP to non-GAAP reconciliation 2- Return on average tangible common equity (“ROTCE”) represents a non-GAAP financial measure. Unless otherwise indicated, references to “ROTCE” in this presentation mean return on tangible common equity as adjusted to add back unrealized (gains) losses on AFS securities, including those transferred to HTM. See Table R in the Corporation’s Q2 2026 earnings press release for the reconciliation of GAAP to non-GAAP financial measures to be filed with the U.S. Securities and Exchange Commission 3- Capital returned to shareholders includes common stock repurchases and dividends paid on preferred and common stock Slide 9: 1- NM = Not meaningful. Percentage change is omitted when the prior-period base is negative or immaterial.

Investor Presentation Second Quarter 2026 Appendix

17 Corporate Structure Summary Corporate Structure Banco Popular de Puerto Rico Popular Securities LLC Popular’s Insurance Subsidiaries Popular North America, Inc. Popular Bank Holding Co. (including equity investments) Earnings Franchise Selected equity investments: Banco BHD León under Corporate segment

- Dominican Republic bank
- 15.63% stake
- 2025 net income of $306 million Industry Financial Services Headquarters San Juan, Puerto Rico Assets $79 billion (among top 50 BHCs in the U.S.) Loans $40 billion Deposits $70 billion Banking branches 151 in Puerto Rico, 36 in the U.S. (24 in New York and New Jersey and 12 in Florida) and 9 in the U.S. and British Virgin Islands NASDAQ ticker symbol BPOP Market Cap (as of June 30, 2026) $10.5 billion Assets = $79 billion Assets = $64 billion Assets = $15 billion Puerto Rico Operations United States Operations Earnings

18 Q2 2026 vs. Q1 2026 Business Segments Financial Results (Unaudited) ($ in millions) Q2 2026 Q1 2026 Variance Q2 2026 Q1 2026 Variance Net interest income 590$ 568$ 22$ 113$ 112$ 1$ Provision for credit losses 63 74 (11) 3 3 - Net interest income after provision for credit losses 527 494 33 110 109

1 Non-interest income 156 145 11 7 8 (1) Operating expenses 418$ 402$ 16$ 67$ 65$ 2$ Income before income tax 265 237 28 50 52 (2) Income tax expense 32 33 (1) 14 15 (1) Net income 233$ 204$ 29$ 36$ 37$ (1)$ Balance Sheet Highlights (Unaudited) ($ in millions) Q2 2026 Q1 2026 Variance Q2 2026 Q1 2026 Variance Total assets 63,517$ 60,786$ 2,731$ 15,033$ 14,953$ 80$ Total loans held-in-portfolio (HIP) 27,976 27,676 300 11,773 11,613 160 Total deposits 58,670 55,887 2,783 11,931 12,231 (300) Asset Quality Q2 2026 Q1 2026 Variance Q2 2026 Q1 2026 Variance Non-performing loans HIP / Total loans HIP 1.32% 1.52% -20 bps 0.39% 0.33% 6 bps Non-performing assets / Total assets 0.66% 0.77% -11 bps 0.31% 0.26% 5 bps Allowance for credit losses / Total loans HIP 2.47% 2.65% -18 bps 0.79% 0.79% - BPPR Popular U.S. BPPR Popular U.S. BPPR Popular U.S.

19 Loan Composition and Yields Highlights:

- Loans held-in-portfolio increased by $460 million driven by growth across most portfolios in BPPR and commercial loans in PB
- Average loan yields (FTE) unchanged at 7.53% (ending balances, $ in millions) Q2 2026 Q1 2026 Variance Q2 2026 Yields (FTE) Commercial $ 20,051 $ 19,749 $ 302 $ 19,932 6.73% Construction 1,732 1,674 58 1,764 7.90% Mortgage 8,780 8,712 68 8,732 6.15% Auto loans and leases 5,744 5,779 (35) 5,837 8.69% Consumer 3,442 3,376 67 3,310 13.74% Total Loans $ 39,750 $ 39,290 $ 460 $ 39,575 7.53% Loans Held-in-Portfolio Average $15.7 $17.7 $18.7 $19.8 $19.7 $20.1 $0.8 $1.0 $1.3 $1.7 $1.7 $1.7 $5.1 $5.4 $5.8 $5.8 $5.8 $5.7 $7.4 $7.7 $8.1 $8.6 $8.7 $8.8 $3.1 $3.3 $3.3 $3.4 $3.4 $3.4 $32.1 $35.1 $37.1 $39.3 $39.3 $39.7 - 5.00 10.0 0 15.0 0 20.0 0 25.0 0 30.0 0 35.0 0 40.0 0 45.0 0 2022 2023 2024 2025 Q1 2026 Q2 2026 Loan Composition (ending balances, $ in billions) Commercial Construction Auto loans and Leases Mortgage Consumer

20 Funding Profile and Deposit Composition Highlights:

- Deposits at $70.2 billion in Q2, with P.R. public deposits at $22.7 billion, representing 32% of total deposits
- Total deposit costs, excluding P.R. public deposits, demonstrate the stability of core deposits, low cost and low betas
- Total cost of deposits increased 1 bps to 1.57% in Q2
- Borrowings at $1.5 billion, composed of long-term notes and short term FHLB advances in PB
- Deposits represent 98% of funding sources $15.1 $8.9 $14.5 $9.0 $22.7 $1.5 Funding Sources (ending balances, $ in billions) Non-interest bearing NOW & money market Savings Time deposits P.R. public deposits Borrowings $71.7 0.39% 1.68% 2.07% 1.78% 1.79% 1.68% 1.56% 1.57% 0.29% 0.91% 1.23% 1.15% 1.17% 1.14% 1.09% 1.10% 0.67% 3.69% 4.06% 3.22% 3.19% 2.97% 2.66% 2.61% 0.00000000 0.00500000 0.01000000 0.01500000 0.02000000 0.02500000 0.03000000 0.03500000 0.04000000 0.04500000 2022 2023 2024 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Deposit Costs Trends Total deposit costs Total deposit costs excl P.R. public deposit costs P.R. public deposit costs $16.0 $15.4 $15.1 $15.3 $15.8 $15.1 $8.5 $7.7 $7.7 $8.4 $8.7 $8.9 $14.7 $14.6 $14.2 $14.4 $14.6 $14.5 $6.8 $7.9 $8.4 $8.7 $8.9 $9.0 $15.2 $18.1 $19.5 $19.4 $19.7 $22.7 $61.2 $63.6 $64.9 $66.2 $67.6 $70.2 - 10.0 0 20.0 0 30.0 0 40.0 0 50.0 0 60.0 0 70.0 0 80.0 0 2022 2023 2024 2025 Q1 2026 Q2 2026 Deposit Composition (ending balances, $ in billions) Non-interest bearing NOW and Money market Savings Time deposits P.R. public deposits

21 Deposit Beta

- BPPR's retail and commercial accounts are low beta products and will react more slowly to changes in short-term interest rates
- High beta P.R. public deposits represent 32% of the total deposits
- P.R. public deposits are linked to market rates but respond with a lag to changes in three-month Treasury Bill yields
- Competitive dynamics in our U.S. markets have led to lower declining rate beta during the current cycle Deposits by Type Retail Int Bearing Deposits Deposit Mix (by Type) Deposit Mix Retail Commercial Public Wholesale Non Int Bearing 7% 14% 0% 0% Int Bearing 30% 10% 34% 5% Commercial Int Bearing Deposits Public Int Bearing Deposits 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% Ju n -1 7 D ec -1 7 Ju n -1 8 D ec -1 8 Ju n -1 9 D ec -1 9 Ju n -2 0 D ec -2 0 Ju n -2 1 D ec -2 1 Ju n -2 2 D ec -2 2 Ju n -2 3 D ec -2 3 Ju n -2 4 D ec -2 4 Ju n -2 5 D ec -2 5 Ju n -2 6 Retail - Int Bearing Fed Funds Target 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% Ju n -1 7 D e c- 1 7 Ju n -1 8 D e c- 1 8 Ju n -1 9 D e c- 1 9 Ju n -2 0 D e c- 2 0 Ju n -2 1 D e c- 2 1 Ju n -2 2 D e c- 2 2 Ju n -2 3 D ec -2 3 Ju n -2 4 D e c- 2 4 Ju n -2 5 D e c- 2 5 Ju n -2 6 Public - Int Bearing Fed Funds Target 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% Ju n -1 7 D ec -1 7 Ju n -1 8 D ec -1 8 Ju n -1 9 D ec -1 9 Ju n -2 0 D ec -2 0 Ju n -2 1 D ec -2 1 Ju n -2 2 D ec -2 2 Ju n -2 3 D ec -2 3 Ju n -2 4 D ec -2 4 Ju n -2 5 D ec -2 5 Ju n -2 6 Commercial - Int Bearing Fed Funds Target 23% 77% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Ju n -1 7 D ec -1 7 Ju n -1 8 D ec -1 8 Ju n -1 9 D ec -1 9 Ju n -2 0 D ec -2 0 Ju n -2 1 D ec -2 1 Ju n -2 2 D ec -2 2 Ju n -2 3 D ec -2 3 Ju n -2 4 D ec -2 4 Ju n -2 5 D ec -2 5 Ju n -2 6 Non-Int Bearing Int Bearing

22 Investment Portfolio Quarter Highlights:

- Conservative investment portfolio, with the majority invested in short to intermediate U.S. Treasuries, which are tax exempt in Puerto Rico
- Investment portfolio duration 1.6 years; including cash, 1.4 years
- Unrealized loss in the AFS portfolio increased by $50 million
- Market value of U.S. Treasuries held to maturity stood at $6.1 billion, in line with the book value
- Invested approximately $1.1 billion in U.S. Treasury notes with an average duration of 2.8 years and a yield of approximately 3.86% 1 Maturity expressed in years; In the case of mortgage-backed securities and CMO’s, it represents the weighted average life of the bonds assuming market consensus prepayment speeds 2 The Book value includes $202 million of unrealized loss in AOCI related to the securities transferred from available-for-sale securities portfolio to the held-to-maturity with an unrealized loss of $873 million at the time of transfer, which will be amortized (back into capital) throughout their remaining life. For the remainder of 2026 we expect the amortization to be approximately $74 million, $97 million for 2027 and the remaining amount in 2028 and 2029. Differences due to rounding Yield UST Legacy UST New 1.24% 3.79% - 200 400 600 800 1,000 1,200 1,400 1,600 Sep-26 Dec-26 Mar-27 Jun-27 Sep-27 Dec-27 Mar-28 Jun-28 Sep-28 Dec-28 Mar-29 Jun-29 Sep-29 $ M ill io n s Maturities: US Treasury Notes (AFS & HTM) UST Legacy UST New (Program Restarted in 2024) 32% 0% 0% 0% 33% 0% 0% 0% 20% 0% 0% 0% 2% 3% 0% 9% 0% 0% 0% 0% 0% 5% 10% 15% 20% 25% 30% 35% 0 - 3 yrs 4 - 5 yrs 6 - 7 yrs 8 - 10 yrs Maturity Profile U.S. T-bills U.S. Treasuries - AFS U.S. Treasuries - HTM Agency MBS/CMO $ in millions Q2 2026 Variance to Q1 2026 Q1 2026 Description Amortized Cost % of Portfolio Book Value Gain / (Loss) Yield Maturity / WAL1 Amortized Cost Gain / (Loss) Money Markets (Cash at Federal Reserve) $4,546 12.8% $4,546 $0 3.7% - ($100) $0 U.S. T-bills 10,042 28.2% 10,042 0 3.5% 0.2 3,045 (0) U.S. Treasuries 10,301 28.8% 10,229 (72) 3.7% 1.5 234 (46) Agency MBS/CMO 5,410 12.7% 4,522 (889) 1.8% 6.6 (163) (10) Total AFS 25,753 69.7% 24,792 (961) 3.3% 1.9 3,116 (56) U.S. Treasuries2 6,363 17.3% 6,155 (202) 1.2% 1.3 (800) 44 Other 54 0.2% 54 - 1.4% 15.1 (0) - Total HTM 6,417 17.5% 6,208 (202) 1.2% 1.4 (801) 44 Total Trading 32 0.1% 32 0 4.9% 7.3 1 (0) Total Portfolio $36,747 100.0% $35,578 ($1,162) 3.0% 1.6 $2,215 ($12) AFS HTM

23 Allowance for Credit Losses – Q2 2026 ACL Movement:

- Moody’s baseline forecast shows a reduction in 2026 U.S. economic growth influenced by geopolitical conflicts
- NCOs for the quarter were impacted by a $71 million charge-off for a single commercial relationship
- Commercial portfolio driven by higher reserves for NPLs
- Retail loan portfolio driven by loss history for the unsecured personal loans and credit cards portfolios Economic Scenarios:
- Baseline scenario assigned the highest probability, followed by the S3 (pessimistic) scenario
- The probability assigned to the S3 (pessimistic) scenario remains at elevated levels due to current uncertainty in the markets
- 2026 annualized GDP growth (baseline): ‐ P.R. decreased to 0.70% from 1.02% ‐ U.S. decreased to 2.17% from 2.93%
- 2026 forecasted average unemployment rate (baseline): ‐ P.R. remains near historically low levels at 5.80% ‐ U.S. is lower than previous period at 4.42% $824 $(104) $46 $14 $5 $785 Q1 2026 ACL NCOs Commercial Changes Consumer Changes Economic Scenarios and … Q2 2026 ACL 650 670 690 710 730 750 770 790 810 830 ACL Movement ($ in millions) Q1 2026 ACL NCOs Economic scenario and qualitative Commercial portfolio Retail Loan portfolios Q2 2026 ACL

24 Commercial and Industrial Portfolio Highlights:

- The Commercial and Industrial (“C&I”) portfolio is mainly concentrated in the following industries: Other services (mostly U.S. community association loans), Public Administration, Retail trade, and Finance and Insurance
- NPLs at $145 million, a $48 million decrease due to resolution of a $155 million relationship which was classified as NPL in Q3 2025. The decrease was partially offset by inflows to NPLs of $129 million that stemmed from issues specific to the individual borrowers and that are not indicative of a broader decline in portfolio credit quality
- Q2 NCOs impacted by a $71 million charge-off from the previously mentioned $155 million relationship. The carrying amount of $84 million was transferred to LHFS
- Allowance for credit losses (“ACL”) to loans held-in- portfolio at 2.1% $5,588 $5,744 $5,961 $5,929 $6,163 $2,449 $2,494 $2,637 $2,625 $2,611 $8,037 $8,238 $8,598 $8,555 $8,774 0.14% 2.12% 2.21% 2.25% 1.65%1.76% 2.06% 2.10% 2.31% 2.11% 0.0% 3.1% 6.2% 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Commercial and Industrial Portfolio ($ in millions) BPPR Popular U.S. NPL/Loans ACL/Loans Other Services 23% Public Administration 13% Retail Trade 11%Finance and Insurance 10% Wholesale Trade 6% Real estate and Rental Leasing 6% Accommodation and Food Services 6% Manufacturing 5% Health Care and Social Assistance 4% Transportation and Warehousing 2% Information 2% Other 12% Commercial & Industrial Portfolio Balance by industry type Metric Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 30-89 DPD/Loans 0.27% 0.26% 0.25% 0.28% 0.15% NPL/Loans 0.14% 2.12% 2.21% 2.25% 1.65% NCO Ratio 0.06% 0.07% 0.27% 0.03% 3.39% ACL/Loans 1.76% 2.06% 2.10% 2.31% 2.11% ACL/NPL 1237.57% 97.03% 95.02% 102.58% 127.90% Classified Loans/Loans 4.33% 6.22% 6.25% 6.23% 4.29% Credit Metrics

25 Non-Owner Occupied CRE Portfolio Highlights:

- Non-Owner Occupied CRE (CRE NOO) exposure mainly in retail, hotels and office space
- Office exposure limited to 1.7% of total loan portfolio and 12% of CRE NOO ‐ Office space mainly in mid-rise properties with diversified tenants across both regions ‐ Average loan size at approximately $3 million
- Strong credit risk profile ‐ NPLs at 0.59%, stable from Q1 2026 ‐ Allowance for credit losses to loans held-in-portfolio at 0.99% $3,330 $3,303 $3,395 $3,392 $3,321 $2,191 $2,160 $2,148 $2,151 $2,300 $5,521 $5,463 $5,543 $5,543 $5,621 0.30% 0.81% 0.77% 0.60% 0.60% 1.06% 1.08% 1.06% 1.16% 0.99% 0.0%0 1,000 2,000 3,000 4,000 5,000 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Non-Owner Occupied CRE ($ in millions) BPPR Popular U.S. NPL/Loans ACL/Loans Metric Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 30-89 DPD/Loans 0.27% 0.26% 0.25% 0.28% 0.14% NPL/Loans 0.14% 2.12% 2.21% 2.25% 0.59% NCO Ratio 0.06% 0.07% 0.27% 0.03% 0.00% ACL/Loans 1.76% 2.06% 2.10% 2.31% 0.99% ACL/NPL 1237.57% 97.03% 95.02% 102.58% 169.29% Classified Loans/Loans 4.33% 6.22% 6.25% 6.23% 3.25% Credit Metrics Retail 32% Hotels 19% Office Space 12% Shelters 11% Industrial 8% Mixed use 6% Health Facility 5% Other 7% Non-Owner Occupied CRE Balance by property type

26 Multifamily Loan Portfolio Highlights:

- 86% of the portfolio concentrated in Popular U.S.
- Strong credit risk profile with low levels of delinquency, NCOs and classified loans
- New York multi-family loan portfolio: ‐ Represents $1.3 billion or 3.4% of our total loan portfolio ‐ Underwritten based on rental income at loan origination ‐ No exposure to rent controlled buildings ‐ Rent stabilized units represent less than 40% of the total units in the loan portfolio with the majority originated after 2019 $306 $302 $303 $343 $346 $2,214 $2,187 $2,152 $2,084 $2,053 $2,521 $2,521 $2,456 $2,427 $2,399 0.43% 0.35% 0.36% 0.45% 0.37% 0.60% 0.67% 0.79% 0.83% 0.79% 0.0% 0.2% 0.4% 0.6% 0.8% 1.0% 1.2% 1.4% 1.6% 0 500 1,000 1,500 2,000 2,500 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Multifamily Loans ($ in millions) BPPR Popular U.S. NPL/Loans ACL/Loans NY 56% FL 27% PR 10% NJ 4% Other 3% Multifamily Loans Balance by state Metric Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 30-89 DPD/Loans 0.44% 0.16% 0.66% 0.67% 0.51% NPL/Loans 0.43% 0.35% 0.36% 0.45% 0.37% NCO Ratio 0.00% 0.00% -0.01% 0.00% 0.22% ACL/Loans 0.67% 0.67% 0.79% 0.83% 0.79% ACL/NPL 153.60% 191.90% 221.13% 183.08% 211.82% Classified Loans/Loans 1.27% 1.20% 1.09% 1.34% 1.16% Credit Metrics

27 P.R. Mortgage Loan Portfolio Highlights:

- 45% of the P.R. mortgage loan portfolio is comprised of U.S. government guaranteed loans
- Over the last five years, origination average FICO scores above 750 and LTV approximately 70%
- Delinquency and NCOs levels for the period remained below the historical average benchmark 48% 51% 50% 73% 66% 65% 69% 67% 67% 34% 32% 38% 21% 29% 29% 26% 27% 27% 18% 17% 12% 6% 5% 6% 5% 6% 6% 736 734 741 759 751 750 756 754 755 2018 2019 2020 2021 2022 2023 2024 2025 2026 FICO Mix of Originations (Non-Conforming) (% of approved amount) 740+ 680-739 620-679 <620 WA FICO 78% 77% 74% 70% 67% 73% 73% 72% Original LTV $4,192 $4,193 $4,180 $4,181 $4,202 $4,195 $4,180 $4,153 $4,121 $2,399 $2,502 $2,630 $2,765 $2,902 $3,038 $3,168 $3,283 $3,408 $6,591 $6,695 $6,810 $6,946 $7,104 $7,233 $7,348 $7,436 $7,530 (0.88) (0.87) (0.87) (0.86) (0.86) (0.85) (0.85) (0.84) (0.84) (0.83) (0.83) (0.82) (0.82) (0.81) (0.81) (0.80) (0.80) (0.79) (0.79) (0.78) (0.78) (0.77) (0.77) (0.76) (0.76) (0.75) (0.75) (0.74) (0.74) (0.73) (0.73) (0.72) (0.72) (0.71) (0.71) (0.70) (0.70) (0.69) (0.69) (0.68) (0.68) (0.67) (0.67) (0.66) (0.66) (0.65) (0.65) (0.64) (0.64) (0.63) (0.63) (0.62) (0.62) (0.61) (0.61) (0.60) (0.60) (0.59) (0.59) (0.58) (0.58) (0.57) (0.57) (0.56) (0.56) (0.55) (0.55) (0.54) (0.54) (0.53) (0.53) (0.52) (0.52) (0.51) (0.51) (0.50) (0.50) (0.49) (0.49) (0.48) (0.48) (0.47) (0.47) (0.46) (0.46) (0.45) (0.45) (0.44) (0.44) (0.43) (0.43) (0.42) (0.42) (0.41) (0.41) (0.40) (0.40) (0.39) (0.39) (0.38) (0.38) (0.37) (0.37) (0.36) (0.36) (0.35) (0.35) (0.34) (0.34) (0.33) (0.33) (0.32) (0.32) (0.31) (0.31) (0.30) (0.30) (0.29) (0.29) (0.28) (0.28) (0.27) (0.27) (0.26) (0.26) (0.25) (0.25) (0.24) (0.24) (0.23) (0.23) (0.22) (0.22) (0.21) (0.21) (0.20) (0.20) (0.19) (0.19) (0.18) (0.18) (0.17) (0.17) (0.16) (0.16) (0.15) (0.15) (0.14) (0.14) (0.13) (0.13) (0.12) (0.12) (0.11) (0.11) (0.10) (0.10) (0.09) (0.09) (0.08) (0.08) (0.07) (0.07) (0.06) (0.06) (0.05) (0.05) (0.04) (0.04) (0.03) (0.03) (0.02) (0.02) (0.01) (0.01) - 0.01 0.01 0.02 0.02 0.03 0.03 0.04 0.04 0.05 0.05 0.06 0.06 0.07 0.07 0.08 0.08 0.09 0.09 0.10 0.10 0.11 0.11 0.12 0.12 0.13 0.13 0.14 0.14 0.15 0.15 0.16 0.16 0.17 0.17 0.18 0.18 0.19 0.19 0.20 0.20 0.21 0.21 0.22 0.22 0.23 0.23 - 1,00 0 2,00 0 3,00 0 4,00 0 5,00 0 6,00 0 7,00 0 8,00 0 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Portfolio: Guaranteed vs. Non-Guaranteed ($ in millions) Non-Guaranteed Government Guaranteed $169 $158 $161 $154 $153 $146 $162 $121 $125 $164 $158 $158 $149 $147 $140 $132 $129 $129 $333 $316 $320 $303 $301 $286 $294 $251 $254 7.9% 7.5% 7.6% 7.2% 7.2% 6.8% 7.0% 6.0% 6.2% - 0.01 0.01 0.02 0.02 0.03 0.03 0.04 0.04 0.05 0.05 0.06 0.06 0.07 0.07 0.08 0.08 0.09 0.09 0.10 0.10 0.11 0.11 0.12 0.12 0.13 0.13 0.14 0.14 0.15 0.15 0.16 0.16 0.17 0.17 0.18 0.18 0.19 0.19 0.20 0.20 0.21 0.21 0.22 0.22 0.23 0.23 0.24 0.24 0.25 0.25 0.26 0.26 0.27 0.27 0.28 0.28 0.29 0.29 0.30 0.30 0.31 0.31 0.32 0.32 0.33 0.33 0.34 0.34 0.35 0.35 0.36 0.36 0.37 0.37 0.38 0.38 0 50 100 150 200 250 300 350 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Delinquency Non-Guaranteed Loans ($ in millions) 30-89 DPD NPLs 30+ DPD/Loans $223 $210 $218 $201 $219 $224 $233 $199 $212 $210 $202 $207 $185 $177 $174 $197 $196 $191 $433 $413 $425 $386 $396 $398 $430 $395 $403 18.1% 16.5% 16.2% 13.9% 13.6% 13.1% 13.6% 12.0% 11.8% - 0.005 0.010 0.015 0.020 0.025 0.030 0.035 0.040 0.045 0.050 0.055 0.060 0.065 0.070 0.075 0.080 0.085 0.090 0.095 0.100 0.105 0.110 0.115 0.120 0.125 0.130 0.135 0.140 0.145 0.150 0.155 0.160 0.165 0.170 0.175 0.180 0.185 0.190 0.195 0.200 0.205 0.210 0.215 0.220 0.225 0.230 0.235 0.240 0.245 0.250 0.255 0.260 0.265 0.270 0.275 0.280 0.285 0.290 0.295 0.300 0.305 0.310 0.315 0.320 0.325 0.330 0.335 0.340 0.345 0.350 0.355 0.360 0.365 0.370 0.375 0.380 0 50 100 150 200 250 300 350 400 450 500 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Delinquency Government Guaranteed Loans ($ in millions) 30-89 DPD 90+ DPD and Still Accruing 30+ DPD/Loans 74%

28 Auto Loan Portfolio Highlights:

- Auto balances have remained stable, with recent quarter- over-quarter declining trend
- Delinquency and NCO levels for the period remained below the historical average benchmark. NCOs declined to 61 bps, reflecting strong credit performance
- Weighted-average FICO scores of approximately 736
- Q2 originations were approximately a 67%/33% split between new/used auto loans $135 $168 $178 $191 $136 $166 $179 $187 $130 $151 $2,918 $3,773 $3,819 $3,821 $3,820 $3,862 $3,851 $3,820 $3,784 $3,767 4.64% 4.46% 4.67% 5.00% 3.57% 4.29% 4.65% 4.89% 3.42% 4.00% 0 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0 500 1000 1500 2000 2500 3000 3500 4000 4500 Q4 2019 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Delinquency ($ in millions) 30+ DPD Portfolio 30+ DPD/Portfolio Avg. 2011-2019 06/30/2026 6.17% 4.00% $18 $10 $17 $19 $13 $7 $12 $13 $13 $6 2.44% 0.61% 0 0.005 0.01 0.015 0.02 0.025 0 2 4 6 8 10 12 14 16 18 20 Q4 2019 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NCOs and NCO-to-Loan Ratio ($ in millions) Auto NCOs NCOs % Avg. 2011-2019 YTD 1.88% 0.98% 60% 58% 61% 65% 66% 66% 67% 71% 70% 27% 26% 26% 26% 24% 24% 23% 23% 24% 7% 9% 7% 4% 3% 4% 2% 2% 2%6% 7% 6% 5% 7% 6% 8% 4% 4% 723 720 721 729 732 731 737 739 736 0 100 200 300 400 500 600 700 0% 20% 40% 60% 80% 100% 2018 2019 2020 2021 2022 2023 2024 2025 2026 FICO Mix of Originations (% of approved amount) 700+ 625-699 <625 No FICO WA FICO

29 Auto Lease Portfolio Highlights:

- Auto lease balances have grown steadily, but have declined in the most recent quarter
- Delinquency and NCO levels for the period below the historical average benchmark
- Weighted-average FICO scores of approximately 741 $19 $33 $32 $40 $33 $37 $37 $38 $34 $35 $1,060 $1,828 $1,887 $1,925 $1,950 $1,983 $1,999 $2,001 $1,986 $1,968 1.77% 1.79% 1.69% 2.06% 1.71% 1.85% 1.83% 1.88% 1.72% 1.78% 0 0.01 0.02 0.03 0.04 0.05 0.06 0 500 1000 1500 2000 2500 Q4 2019 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Delinquency ($ in millions) 30+ DPD Portfolio 30+ DPD/Loans Avg. 2011-2019 06/30/2026 2.06% 1.78% Avg. 2011-2019 YTD 0.65% 0.44% 75% 70% 70% 71% 74% 78% 79% 79% 77% 22% 26% 26% 26% 24% 19% 18% 18% 19% 3% 4% 4% 3% 2% 3% 3% 3% 4% 736 730 730 731 735 741 743 744 741 0 100 200 300 400 500 600 700 0% 20% 40% 60% 80% 100% 2018 2019 2020 2021 2022 2023 2024 2025 2026 FICO Mix of Originations (% of approved amount) 700+ 625-699 <625 No FICO WA FICO $3 $3 $2 $4 $3 $3 $2 $3 $3 $2 1.07% 0.52% 0 0.002 0.004 0.006 0.008 0.01 0.012 0.014 0.016 0 0.5 1 1.5 2 2.5 3 3.5 4 Q4 2019 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NCOs and NCO-to-Loan Ratio ($ in millions) Leases NCOs NCO %

43% 44% 49% 43% 40% 41% 49% 49% 51% 49% 51% 46% 53% 56% 56% 49% 49% 47% 5% 3% 3% 3% 3% 3% 2% 2% 2% 3% 2% 2% 1% 1% 0% 0% 0% 0% 736 741 746 740 738 738 748 748 750 0 100 200 300 400 500 600 700 0% 20% 40% 60% 80% 100% 2018 2019 2020 2021 2022 2023 2024 2025 2026 FICO Mix of Originations (% of approved amount) 750+ 650-749 <650 No FICO WA FICO 30 P.R. Personal Loan Portfolio Highlights:

- Portfolio balances stable but growing at a slower pace since 2024 due to credit tightening measures
- Delinquency below the historical average benchmark
- NCO levels for the period above the historical average benchmark, with significant improvements in most recent vintages
- Weighted-average FICO scores of approximately 750 in recent vintages $43 $54 $56 $53 $49 $48 $50 $51 $46 $45 $1,368 $1,745 $1,754 $1,754 $1,756 $1,792 $1,823 $1,836 $1,851 $1,896 3.15% 3.09% 3.19% 3.01% 2.77% 2.70% 2.72% 2.75% 2.47% 2.38% 0 0.01 0.02 0.03 0.04 0.05 0 500 100 0 150 0 200 0 250 0 Q4 2019 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Delinquency ($ in millions) 30+ DPD Portfolio 30+ DPD/Loans Avg. 2011-2019 06/30/2026 3.61% 2.38% Avg. 2011-2019 YTD 2.53% 3.65% $14 $21 $22 $23 $18 $16 $16 $18 $18 $16 4.19% 3.43% 0 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0 5 10 15 20 25 Q4 2019 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NCOs and NCO- to Loan Ratio ($ in millions) Personal loan NCOs NCO %

31 Credit Cards Portfolio Highlights:

- Overall balances have generally trended upward
- Delinquency has followed an overall improving trend, declining below historical benchmark in Q2
- NCOs above historical benchmarks, with an overall declining trend since 2025
- Weighted-average FICO scores of approximately 773 $39 $48 $55 $59 $54 $49 $49 $52 $46 $44 $1,124 $1,163 $1,187 $1,218 $1,188 $1,215 $1,226 $1,257 $1,214 $1,238 3.45% 4.16% 4.62% 4.85% 4.58% 4.01% 4.01% 4.13% 3.83% 3.55% 0 0.005 0.01 0.015 0.02 0.025 0.03 0.035 0.04 0.045 0.05 0.055 0.06 0 200 400 600 800 1000 1200 1400 Q4 2019 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Delinquency ($ in millions) 30+ DPD Portfolio 30+ DPD/Loans Avg. 2011-2019 06/30/2026 3.74% 3.55% $8 $14 $15 $17 $16 $17 $15 $14 $16 $14 3.21% 4.67% 0 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0 2 4 6 8 10 12 14 16 18 20 Q4 2019 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NCOs and NCO-to-Loan Ratio ($ in millions) Credit Card NCOs NCOs % Avg. 2011-2019 YTD 3.67% 5.20% 49% 51% 55% 53% 49% 50% 65% 67% 68% 44% 43% 42% 45% 45% 45% 32% 30% 29% 2% 2% 1% 2% 3% 3% 1% 1% 1% 5% 4% 2% 0% 3% 2% 2% 2% 2% 748 750 754 753 749 750 768 772 773 0 100 200 300 400 500 600 700 0% 20% 40% 60% 80% 100% 2018 2019 2020 2021 2022 2023 2024 2025 2026 FICO Mix of Originations (% of approved amount) 750+ 650-749 <650 No FICO WA FICO

32 P.R. Public Sector Exposure

- Substantially all the Corporation’s direct exposure outstanding in Q2 were obligations from various Puerto Rico municipalities. As of June 30, 2026, our direct exposure outstanding to P.R. municipalities amounted to $415 million, increasing by $74 million from the prior quarter, mainly due to new loans to the municipality of San Juan
- Our direct exposure to P.R. government entities at June 30, 2026 includes an exposure associated with Automated Clearing House (“ACH”) transaction settlements capped at $47 million, none of which was outstanding Includes loans or securities that are payable by non-governmental entities, but which carry a government guarantee to cover any shortfall in collateral in the event of borrower default. Majority are single-family mortgage related Indirect Exposure Obligations of municipalities are backed by real and personal property taxes, municipal excise taxes, and/or a percentage of the sales and use tax Municipalities Obligations of the Commonwealth of Puerto Rico, its agencies and instrumentalities (excluding municipalities) P.R. Government Entities ($ in millions) Loans Securities Total Municipalities 408$ 7$ 415$ P.R. Government Entities -$ -$ -$ Indirect exposure 165$ 35$ 200$ Outstanding P.R. Sector Exposure

33 2026 January S&P upgrades outlook to Positive Senior Unsecured Ratings Fitch BBB- Stable Outlook S&P BB+ Positive Outlook Moody’s Ba1 Positive Outlook 2019 April Moody's upgrades to B1 from B2 S&P revised outlook to Positive May Fitch upgrades to BB from BB- 2020 2021 March Moody’s revised outlook to Positive April Moody’s upgrades to Ba3 from B1 Fitch and S&P revised outlook to Positive June Fitch upgrades to BBB- from BB, revised outlook to Stable April S&P upgrades to BB+ from BB-, revised outlook to Stable September Moody’s upgrades to Ba1 from Ba3, revised outlook to Stable Senior Unsec red Ratings March S&P lowers outlook to Stable 2025 September Moody’s upgrades outlook to Positive 2022 Popular’s Credit Ratings July Fitch upgrades IDR to BBB from BBB-

Investor Presentation Second Quarter 2026