← POPULAR, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $216.7m |
$107.7m
-50.31%
|
$618.2m
+474.06%
|
$671.1m
+8.57%
|
$506.6m
-24.51%
|
$934.9m
+84.53%
|
$1.1b
+17.94%
|
$541.3m
-50.90%
|
$614.2m
+13.46%
|
$833.2m
+35.65%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $213.0m |
$104.0m
-51.19%
|
$614.4m
+491.04%
|
$667.4m
+8.62%
|
$504.9m
-24.35%
|
$933.5m
+84.90%
|
$1.1b
+17.97%
|
$539.9m
-50.97%
|
$612.8m
+13.50%
|
$831.7m
+35.73%
|
— | |
| Depreciation, Depletion and Amortization | $46.9m | $48.4m | $52.5m | $58.1m | $58.4m | $55.1m | $55.1m | $58.5m | $57.1m | $53.3m | $57.4m | |
| Amortization of Intangible Assets | $12.1m | $9.4m | $9.3m | $9.4m | $6.4m | $9.1m | $3.3m | $3.2m | $2.9m | $1.8m | — | |
| Depreciation, Nonproduction | $46.9m | $48.4m | $53.3m | $58.1m | $58.5m | $55.1m | $55.1m | $58.5m | $57.1m | $53.2m | $57.4m | |
| Deferred Income Tax Expense (Benefit) | $60.7m | $207.4m | ($14.0m) | $141.3m | $75.0m | $229.4m | ($33.1m) | ($43.1m) | $23.7m | $6.4m | $3.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $1.8m | $2.2m | $5.4m | $3.7m | $5.1m | $5.8m | $4.1m | $6.5m | $8.1m | — | |
| Goodwill, Impairment Loss | $3.8m | $0 | $0 | — | — | — | $9.0m | $23.0m | $0 | $13.0m | $13.6m | |
| Operating Lease, Impairment Loss | — | — | — | — | $14.8m | $0 | $0 | — | — | — | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | $0 | $0 | $8.2m | $152k | $0 | $1.2m | — | |
| Income (Loss) from Equity Method Investments | $31.3m | $34.1m | $38.0m | $43.0m | ($27.7m) | ($50.9m) | ($29.5m) | ($27.4m) | ($23.5m) | ($25.9m) | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | ($14.4m) | ($18.2m) | $24.2m | $28.0m | $27.7m | $50.9m | $29.5m | $27.4m | $23.5m | $25.9m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Other Operating Assets | $26.3m | $50.5m | ($264.8m) | $37.8m | ($114.3m) | ($25.0m) | ($76.6m) | ($24.2m) | ($30.0m) | ($54.9m) | — | |
| Increase (Decrease) in Other Operating Liabilities | ($13.2m) | $28.3m | ($226.2m) | ($116.4m) | ($106.7m) | $22.8m | ($20.7m) | ($41.4m) | ($38.8m) | ($53.2m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $589.5m |
$635.5m
+7.81%
|
$847.5m
+33.36%
|
$705.4m
-16.77%
|
$678.8m
-3.77%
|
$1.0b
+48.08%
|
$1.0b
+0.93%
|
$686.6m
-32.32%
|
$674.7m
-1.73%
|
$878.4m
+30.19%
|
$1.0b
+14.09%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($4.1m) | ($4.3m) | — | — | — | — | — | — | — | — | ($50.4m) | |
| Payments to Acquire Property, Plant, and Equipment | $100.3m | $62.7m | $80.5m | $75.7m | $60.1m | $72.8m | $103.8m | $208.0m | $213.4m | $197.5m | ($195.0m) | |
| Equipment Expense | $62.2m | $65.1m | $71.8m | $84.2m | $88.9m | $92.1m | $35.6m | $37.1m | $33.4m | $22.1m | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $1.2b | $2.0b | $6.9b | $14.7b | $18.2b | $9.6b | $20.1b | $18.2b | $33.8b | $35.2b | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | ($20k) | $41k | $23k | $0 | $0 | — | — | — | |
| Debt Securities, Realized Gain (Loss) | — | — | $0 | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | $1.8b | $0 | $0 | $155.8m | $0 | $0 | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($3.4b) | ($5.3b) | ($4.4b) | ($4.2b) | ($13.1b) | ($10.5b) | $5.4b | ($2.6b) | ($1.6b) | ($1.8b) | ($3.3b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | ($12.5m) | $0 | $0 | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $2.2m | $75.7m | $125.3m | $250.6m | $500.5m | $350.5m | $631.9m | $461k | $217.3m | $504.7m | — | |
| Proceeds from Issuance of Common Stock | $7.4m | $7.0m | $7.3m | $8.7m | $9.1m | $4.7m | $5.8m | $6.3m | $6.9m | $7.1m | $7.2m | |
| Dividends paid | $65.9m | $95.9m | $105.4m | $115.8m | $133.6m | $141.5m | $161.5m | $159.9m | $180.5m | $197.6m | ($197.9m) | |
| Payments of Dividends | $65.9m | $95.9m | $105.4m | $115.8m | $133.6m | $141.5m | $161.5m | $159.9m | $180.5m | $197.6m | ($197.9m) | |
| Dividends Payable | $15.6m | $25.5m | $25.1m | $29.0m | $33.7m | $35.9m | $39.5m | $44.7m | $49.5m | $49.6m | — | |
| Net Cash Provided by (Used in) Financing Activities | $2.9b |
$4.8b
+66.61%
|
$3.5b
-25.66%
|
$3.5b
-2.21%
|
$12.5b
+261.51%
|
$9.5b
-24.35%
|
($6.3b)
-166.90%
|
$1.9b
+129.70%
|
$959.6m
-48.91%
|
$864.6m
-9.90%
|
$2.3b
+166.00%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($9.4m) | ($8.9m) | $102.8m | ($62.6m) | $41.6m | ($48.6m) | $1.8m | ($16.4m) | $375.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $403.3m | $394.3m | $497.1m | $434.5m | $476.2m | $427.6m | $429.4m | $413.0m | $375.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $170.0m | $325.4m | $228.1m | $165.8m | $292.5m | ($193.5m) | $83.0m | $208.6m | $256.9m | $260.2m | $288.9m | |
| Gain (Loss) on Sales of Loans, Net | $8.2m | ($420k) | $33k | $0 | $1.2m | ($73k) | $0 | ($115k) | $440k | $0 | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $296.8m | $369.4m | $240.3m | $170.4m | $292.5m | $1.1b | $1.4b | $1.2b | — | |
| Income Taxes Paid, Net | $3.8m | $2.4m | $4.1m | $14.5m | $13.0m | $65.0m | $178.8m | $185.4m | $186.7m | $204.2m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | — | — | ($16.0m) | $6.7m | $11.6m | $18.4m | $9.5m | $12.8m | $7.6m | $187k | — | |
| Goodwill | $627.3m | $627.3m | $671.1m | $671.1m | $671.1m | $720.3m | $827.4m | $804.4m | $803.0m | $790.0m | $13.6m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | $618.2m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $215.6m | $107.7m | $618.2m | $671.1m | $506.6m | $934.9m | $1.1b | $541.3m | $614.2m | $833.2m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $1.1m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | $0 | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $78.8m | $230.8m | $119.6m | $147.2m | $111.9m | $309.0m | $132.3m | $134.2m | $182.4m | $173.6m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($1.9m) | ($1.2m) | $677k | ($2.4m) | ($4.3m) | — | — | — | — | — | — | |
| Payments for Repurchase of Warrants | $0 | — | — | — | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | ($282.3m) | $183.3m | ($83.3m) | ($201.5m) | ($258.4m) | ($260.7m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.