Brief: Popular Inc Reports Q2 Earnings Per Share Of $1.49

Popular

23/07/2020 13:58

July 23 (Reuters) - Popular Inc  BPOP.O :
    * POPULAR, INC. ANNOUNCES SECOND QUARTER 2020 FINANCIAL
RESULTS
    * Q2 NET CHARGE-OFFS INCREASED BY $2.4 MILLION FROM Q1 2020
    * Q2 NON-PERFORMING LOANS HELD-IN-PORTFOLIO DECREASED BY
$8.5
MILLION FROM Q1 2020
    * TANGIBLE BOOK VALUE PER SHARE OF $60.13 AT JUNE 30, 2020
    * QTRLY EARNINGS PER SHARE $1.49
    * QTRLY NET INTEREST INCOME WAS $450.9 MILLION VERSUS $473.1
MILLION IN THE PREVIOUS QUARTER
    * QTRLY NET INTEREST INCOME, ON A TAXABLE EQUIVALENT BASIS
WAS
$493.0 MILLION VERSUS $521.4 MILLION IN Q1 OF 2020
    * Q2 EARNINGS PER SHARE VIEW $0.92 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw5cX6Wja 
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 (Reuters.Briefs@thomsonreuters.com)