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Popular Bank

New York, NY · Cert 34967 · Popular Inc.

State charter, Fed member · FED · 1 affiliate bank · 36 branches (199 in holding)

Q2 2026

$15.0BAssets
$11.8BLoans
$11.9BDeposits
$2.2BEquity
Loan mix
95%RE $8.9B4%C&I $0.4B1%Consumer $0.1BQ2 2025Q2 2026
Deposit mix
88%Interest-bearing $10.5B12%Noninterest $1.4BQ2 2025Q2 2026

NIM

5.31%Q2 ’245.31%Q2 ’255.35%Q2 ’26+13%+8%

Non-interest income vs. expense

1.98%Q2 ’241.93%Q2 ’251.77%Q2 ’26-3%-9%

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.3% share · #33 of 151 inst. · $8.0B of $2921.1B

0.3% New York
1.8% Miami-Dade
1.5% Kings
2.3% Bronx

Executive Summary

  • Earnings: ROA of 0.98%, up 36 bps year over year; NIM at 3.11%.
  • Asset quality: problem loans at 0.39% of loans (-9 bps YoY), with net charge-offs at 0.08%.
  • Capital: tier 1 leverage ratio of 11.80%, up 84 bps from a year ago.
  • Funding: loans stand at 98.69% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.98%+36 bps YoY

Net Interest Margin (quarter, annualized)

3.11%+23 bps YoY

Efficiency Ratio (quarter, annualized)

55.41%-981 bps YoY

Tier 1 Leverage Ratio

11.80%+84 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.62%0.48%0.87%0.99%0.98%+36 bps
Return on Equity4.47%3.48%6.28%7.01%6.83%+236 bps
Net Interest Margin2.88%2.91%3.08%3.06%3.11%+23 bps
Efficiency Ratio65.23%63.21%55.84%54.84%55.41%-981 bps
Non-Interest Burden1.75%2.06%1.58%1.54%1.58%-17 bps
Growth
Asset Growth (YoY)4.04%4.44%5.08%2.92%1.13%-291 bps
Loan Growth (YoY)8.95%10.09%6.77%4.33%3.44%-552 bps
Deposit Growth (YoY)0.72%2.28%2.82%2.32%-0.13%-85 bps
Asset Quality
Nonperforming Loans / Loans0.48%0.43%0.34%0.32%0.39%-9 bps
Net Charge-Offs / Loans0.07%0.04%0.01%0.04%0.08%+1 bps
Allowance / Loans0.79%0.79%0.77%0.79%0.79%-1 bps
Allowance Coverage of NPLs1.7x1.8x2.3x2.4x2.0x+0.4x
Capital
Tier 1 Leverage Ratio10.96%11.01%11.26%11.48%11.80%+84 bps
Total Risk-Based Capital14.49%14.49%14.60%15.07%15.14%+65 bps
Equity / Assets13.69%13.76%13.89%14.22%14.37%+68 bps
Liquidity & Funding
Loans / Deposits95.29%94.79%97.00%94.97%98.69%+340 bps
Liquid Assets / Assets10.63%6.89%6.80%6.78%6.36%-427 bps
CRE / Total Capitaln/a475%464%451%n/an/a