Connect your AI

Popular BPOP Consolidation Eliminations — Accretion Of FDIC Indemnification Asset

Discontinued — last reported Q3 '18

Similar metrics at other companies

ALLYConsolidation Eliminations — Increase Decrease In Deposit Other Assets

$403M—

FEConsolidation Eliminations — Payments To Acquire Productive Assets

$0—

AYIConsolidation Eliminations — Total Assets

-$2.39B-18.0%

ALLYConsolidation Eliminations — Noninterest Bearing Deposit Liabilities

$0—

ALLYConsolidation Eliminations — Interest Bearing Deposit Liabilities

-$1.02B—

FCF

FCFSConsolidation Eliminations — Total Assets

-$1.84B-171%

Other financials

Income statement

Revenue$835.8M+10.3%

Net income$245.7M+38.4%

EPS (diluted)$3.78+47.7%

Balance sheet

Cash & equivalents$394.7M+1.1%

Total debt$1.6B+13.3%

Total equity$6.3B+8.8%

Total assets$76.1B+2.8%

Cash flow

Operating cash flow$191.6M+11.4%

CapEx$36.7M-28.8%

Free cash flow$154.9M+28.5%

Valuation

Market cap$10.28B+36.1%

Enterprise value$11.49B+33.6%

P/E11.4×+0.4×

P/S3.1×+0.6×

Profitability

Net margin27.5%+4.4pp

FCF margin21.8%+5.9pp

Returns & leverage

Return on equity14.9%+2.3pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by Popular in its filing.

Tagged under the XBRL concept bpop:AccretionOfFDICIndemnificationAsset.

The official record: Popular’s 10-Q, filed November 8, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — accretion of FDIC indemnification asset mean?: The removal of internal accounting entries related to the value accretion of FDIC loss-sharing assets.
How do you interpret consolidation eliminations — accretion of FDIC indemnification asset?: A decline in this metric typically signals the expiration or reduction of loss-sharing agreements with the FDIC.
How does consolidation eliminations — accretion of FDIC indemnification asset compare across companies?: Specific to banks that have participated in FDIC-assisted acquisitions of failed institutions.