Popular, Inc. (BPOP) financial statements (2021 and earlier)

Company profile

Business Address 209 MUNOZ RIVERA AVE
HATO REY, 00918
State of Incorp.
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12,1323,6914,6035,7013,3122,615 
Cash and cash equivalents12,1323,6514,5655,6583,2532,544 
Short-term investments 4038436072 
Prepaid expense334734169173181198
Disposal group, including discontinued operation     137 
Total current assets:12,1653,7384,6375,8703,4852,933198
Noncurrent Assets
Finance lease, right-of-use asset1513
Operating lease, right-of-use asset132150
Property, plant and equipment510557570547544503495
Long-term investments and receivables250237228215218213226
Long-term investments250237228215218213226
Intangible assets, net (including goodwill)694700698663672684503
Goodwill671671671627627626466
Intangible assets, net (excluding goodwill)22292736455838
Total noncurrent assets:1,6021,6561,4961,4251,4341,4001,223
Other undisclosed assets52,16046,72141,47236,98233,74231,43631,675
TOTAL ASSETS:65,92652,11547,60544,27738,66235,77033,097
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt12119328248748171321
Total current liabilities:12119328248748171321
Noncurrent Liabilities
Other undisclosed liabilities59,77645,90541,88838,68632,98329,95128,808
Total liabilities:59,89746,09942,17039,17333,46430,66428,829
Stockholders' equity
Stockholders' equity attributable to parent6,0296,0175,4355,1045,1985,1054,267
Preferred stock22505050505050
Common stock1111111
Treasury stock, value(1,017)(460)(206)(90)(8)(6)(4)
Additional paid in capital4,5724,4474,3664,2994,2554,2294,196
Accumulated other comprehensive income (loss)190(170)(428)(351)(320)(257)(230)
Retained earnings2,2612,1481,6521,1951,2201,088254
Total stockholders' equity:6,0296,0175,4355,1045,1985,1054,267
TOTAL LIABILITIES AND EQUITY:65,92652,11547,60544,27738,66235,77033,097

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,7641,8941,7571,9001,879  
Net investment income1,7621,8931,7571,5301,476  
Financial services revenue370403  
Cost of revenue(293)(166)(228)(325)(170) (263)
Provision for loan, lease, and other losses(293)(166)(228)
Financial services costs(325)(170) (263)
Gross profit:1,4721,7281,5291,5751,709 (263)
Operating expenses(655)(641)(583)(1,000)(1,031)(11)(81)
Other operating income, net
(Noninterest Income, Other Operating Income)
87891116462  
Operating income (loss):9041,1761,057639740230(344)
Nonoperating income (expense) (28)(8)(45)(26)(22)44
Investment income, nonoperating   (8)(0)(14)(8)
Gains on sales of other real estate      28
Mortgage servicing rights (msr) impairment (recovery) (28)(8)(37)(25)(8)25
Interest and debt expense(235)(369)(299)(224)(213)  
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(50)39(12)(32)(207)  
Income (loss) from continuing operations before equity method investments, income taxes:619818738339294208(300)
Income from equity method investments 4338   40
Income (loss) from continuing operations before income taxes:619861776339294208(260)
Income tax expense (benefit)(112)(147)(120)(231)(79)495(58)
Other undisclosed loss from continuing operations (43)(38)    
Income (loss) from continuing operations:507671618108216703(318)
Income from discontinued operations    1  
Net income (loss):507671618108217703(318)
Other undisclosed net income attributable to parent     1925
Net income (loss) attributable to parent:507671618108217895(313)
Preferred stock dividends and other adjustments(2)(4)(4)(4)(4)(4)(4)
Net income (loss) available to common stockholders, diluted:505667614104213892(317)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):507671618108217703(318)
Other comprehensive income172463761 
Comprehensive income (loss):524673622114254764(318)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent343256(81)(37)(101)104(36)
Comprehensive income (loss), net of tax, attributable to parent:86792954177153868(355)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: