Popular Q4 profit rises on lower interest expenses

Popular

27/01/2026 12:08

Overview

Financial services firm's Q4 net income rose to $233.9 mln from $211.3 mln in Q3

Q4 EPS increased to $3.53 from $3.15 in Q3

Company repurchased 1.25 mln shares for $147.8 mln in Q4

Result Drivers

NET INTEREST INCOME - Higher net interest income driven by lower interest expenses on deposits and increased loan income

OPERATING EXPENSES - Decrease in operating expenses due to partial reversal of FDIC special assessment reserve

CREDIT QUALITY - Stable credit quality with decreased non-performing loans and net charge-offs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$3.53
Q4 Net Income
$233.90 mln
Q4 Net Interest Income
$657.55 mln
Q4 Credit Loss Provision
$72.02 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Popular Inc is $145.00, about 18% above its January 26 closing price of $122.87

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw6RPhnJa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)