Popular, Inc. Announces Third Quarter 2026 Financial Results
Popular, Inc. reported Q3 2026 net income of $266 million with EPS of $4.21, up 34% year-over-year but 3% below the prior quarter, and a ROTCE of 15.80%. Net interest income rose to $699 million on higher securities and commercial loan income, credit was stable with the NCO ratio down 32 bps to 0.73%, and CET1 stood at a strong 16.06%. The company repurchased $179 million of stock and raised its quarterly dividend 20% to $0.90 per share, while updating FY26 guidance: NII raised to ~8.5% growth but NCO guidance lifted to 80-90 bps and loan growth trimmed to 2%.
Key figures
- Eps
- 4.21
- Revenue
- $698.93 million
- Guidance
- FY2026 NII ~8.5% increase; non-interest income ~$170M in Q4; NCOs raised to 80-90 bps annualized from 55-70 bps; operating expenses 2% increase (from 3%); effective tax rate 14%; loan growth 2% (from 3-4%)
- Nim
- 3.63%
- Rotce
- 15.80%
- Eps qoq
- -3%
- Eps yoy
- 34%
- Nim fte
- 4.16%
- Deposits
- 68704991000
- Nco ratio
- 0.73%
- Npl ratio
- 1.16%
- Cet1 ratio
- 16.06%
- Net income
- 266334000
- Total assets
- 77758872000
- Buyback amount q3
- 179000000
- Buyback shares q3
- 1060241
- Dividend increase
- 20%
- Dividend per share
- $0.90
- Operating expenses
- 505590000
- Capital returned q3
- 236000000
- Non interest income
- 175658000
- Avg buyback price q3
- 168.4
- Net income yoy change
- $55,017 thousand vs Q3 2025
- Loans held in portfolio
- 40042656000
- Provision for credit losses
- 58593000
- Tangible book value per share
- 86.3
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