Banco Popular Posts 36% Profit Jump for 2025, Raises Dividend and Extends Buybacks

Management cites stable credit quality supported by a resilient Puerto Rico economy.

Overview

Full-year net income reached $833 million, up 36% from 2024, with fourth-quarter net income of $234 million and EPS of $3.53.
Total loans increased by $2.2 billion in 2025, a 6% rise paced by strong fourth-quarter growth led by commercial lending.
Capital remained robust with a 15.7% CET1 ratio, and tangible book value per share climbed 21% year over year to $82.65.
Shareholder returns included roughly $500 million of stock repurchases in 2025, about $720 million since buybacks resumed in 2024, and a quarterly dividend raised to $0.75.
Credit metrics improved with net charge-offs at 52 basis points for the year after isolated third-quarter commercial issues, and ROTCE exceeded 14% in Q4 and reached 13% for the full year.