Popular, Inc. (BPOP) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments17,96512,1323,6914,6035,7013,3122,615
Cash and cash equivalents17,96512,1323,6514,5655,6583,2532,544
Short-term investments  4038436072
Prepaid expense38334734169173181
Disposal group, including discontinued operation      137
Total current assets:18,00312,1653,7384,6375,8703,4852,933
Noncurrent Assets
Finance lease, right-of-use asset131513
Operating lease, right-of-use asset142132150
Property, plant and equipment494510557570547544503
Long-term investments and receivables299250237228215218213
Long-term investments299250237228215218213
Intangible assets, net (including goodwill)737694700698663672684
Goodwill720671671671627627626
Intangible assets, net (excluding goodwill)16222927364558
Total noncurrent assets:1,6851,6021,6561,4961,4251,4341,400
Other undisclosed assets55,41052,16046,72141,47236,98233,74231,436
TOTAL ASSETS:75,09865,92652,11547,60544,27738,66235,770
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt167121193282487481713
Total current liabilities:167121193282487481713
Noncurrent Liabilities
Other undisclosed liabilities68,96259,77645,90541,88838,68632,98329,951
Total liabilities:69,12959,89746,09942,17039,17333,46430,664
Stockholders' equity
Stockholders' equity attributable to parent5,9696,0296,0175,4355,1045,1985,105
Preferred stock22225050505050
Common stock1111111
Treasury stock, value(1,353)(1,017)(460)(206)(90)(8)(6)
Additional paid in capital4,6504,5724,4474,3664,2994,2554,229
Accumulated other comprehensive income (loss)(325)190(170)(428)(351)(320)(257)
Retained earnings2,9742,2612,1481,6521,1951,2201,088
Total stockholders' equity:5,9696,0296,0175,4355,1045,1985,105
TOTAL LIABILITIES AND EQUITY:75,09865,92652,11547,60544,27738,66235,770

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,7691,7641,8941,7571,9001,879 
Net investment income1,7691,7621,8931,7571,5301,476 
Financial services revenue370403 
Cost of revenue (293)(166)(228)(325)(170) 
Provision for loan, lease, and other losses (293)(166)(228)
Financial services costs(325)(170) 
Gross profit:1,7691,4721,7281,5291,5751,709 
Operating expenses(677)(655)(641)(583)(1,000)(1,031)(11)
Other operating income, net
(Noninterest Income, Other Operating Income)
11487891116462 
Operating income:1,2059041,1761,057639740230
Nonoperating expense  (28)(8)(45)(26)(22)
Investment income, nonoperating    (8)(0)(14)
Mortgage servicing rights (msr) impairment (recovery)  (28)(8)(37)(25)(8)
Interest and debt expense(165)(235)(369)(299)(224)(213) 
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes204(50)39(12)(32)(207) 
Income from continuing operations before equity method investments, income taxes:1,244619818738339294208
Income from equity method investments  4338   
Income from continuing operations before income taxes:1,244619861776339294208
Income tax expense (benefit)(309)(112)(147)(120)(231)(79)495
Other undisclosed loss from continuing operations  (43)(38)   
Income from continuing operations:935507671618108216703
Income from discontinued operations     1 
Net income:935507671618108217703
Other undisclosed net income attributable to parent      192
Net income attributable to parent:935507671618108217895
Preferred stock dividends and other adjustments(1)(2)(4)(4)(4)(4)(4)
Net income available to common stockholders, diluted:933505667614104213892

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:935507671618108217703
Other comprehensive income79172463761
Comprehensive income:1,014524673622114254764
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(594)343256(81)(37)(101)104
Comprehensive income, net of tax, attributable to parent:42086792954177153868

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: