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Popular BPOP BPPR — Provision for credit losses (benefit)

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Other financials

Income statement

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Revenue$874.0M+9.2%
Net income$278.2M+32.2%
EPS (diluted)$4.35+40.8%

Balance sheet

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Cash & equivalents$375.0M-8.8%
Total debt$2.3B+9.1%
Total equity$6.4B+8.0%
Total assets$79.0B+3.8%

Cash flow

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Operating cash flow$347.1M+42.9%
CapEx$57.1M+27.8%
Free cash flow$290.0M+46.3%

Valuation

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Market cap$11.09B+42.1%
Enterprise value$12.99B+37.0%
P/E11.5×+0.6×
P/S3.3×+0.7×

Profitability

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Net margin28.9%+5.3pp
FCF margin24.1%+3.3pp

Returns & leverage

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Return on equity15.6%+2.9pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Popular in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Popular’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000763901-26-000019
(In thousands)BPPRPopular U.S.Intersegment Eliminations
Interest income$779,759$201,358$-
Interest expense189,83688,282-
Net interest income589,923113,076-
Provision for credit losses63,1562,752-
Non-interest income155,7007,296(22)
Personnel costs165,53727,461(22)
Professional fees14,0751,751-
Technology and software expenses67,34911,008-

Item 1. Financial Statements

FAQ

What is Popular's BPPR — provision for credit losses (benefit)?
Popular (BPOP) reported BPPR — provision for credit losses (benefit) of $63.16M in Q2 2026.
What does BPPR — provision for credit losses (benefit) mean?
This metric reflects the expense or benefit recorded by the Banco Popular de Puerto Rico segment to maintain an adequate allowance for loan and lease losses. It represents management's estimate of expected credit losses within the segment's loan portfolio based on current economic conditions and asset quality. Changes in this metric provide insight into the segment's credit risk profile and potential future loan defaults.

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