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Popular BPOP US — Deferred Tax Assets Valuation Allowance

Other geography segments

PR
$78.15M

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$2.8M
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PAGU.K. — Valuation allowance against deferred tax assets
$19.5M+30.9%

Other financials

Income statement

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Revenue$835.8M+10.3%
Net income$245.7M+38.4%
EPS (diluted)$3.78+47.7%

Balance sheet

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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

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Operating cash flow$191.6M+11.4%
CapEx$36.7M-28.8%
Free cash flow$154.9M+28.5%

Valuation

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Market cap$10.28B+36.1%
Enterprise value$11.49B+33.6%
P/E11.4×+0.4×
P/S3.1×+0.6×

Profitability

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Net margin27.5%+4.4pp
FCF margin21.8%+5.9pp

Returns & leverage

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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 us-gaap:DeferredTaxAssetsValuationAllowance.

The official record: Popular’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Popular's US — deferred tax assets valuation allowance?
Popular (BPOP) reported US — deferred tax assets valuation allowance of $386.6M in Q1 2026.
How has Popular's US — deferred tax assets valuation allowance changed year-over-year?
Popular's US — deferred tax assets valuation allowance decreased by 0.1% year-over-year, from $386.91M to $386.6M.
What is the long-term trend for Popular's US — deferred tax assets valuation allowance?
Over 4 years (2021 to 2025), Popular's US — deferred tax assets valuation allowance has grown at a -1.7% compound annual growth rate (CAGR), from $1.66B to $1.55B.
What does US — deferred tax assets valuation allowance mean?
A reduction in the value of tax assets because it is uncertain if they will actually be used to save on future taxes.
How do you interpret US — deferred tax assets valuation allowance?
An increase in the allowance signals management's reduced confidence in the segment's ability to generate future taxable income.
How does US — deferred tax assets valuation allowance compare across companies?
Critical indicator of financial health; high allowances relative to assets can signal underlying profitability concerns.