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Banco Popular de Puerto Rico

San Juan, PR · Cert 34968 · Popular Inc.

State charter, Fed member · FED · 163 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets (n=142 to 144). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

57

Q2 2024Q2 2026peer median (50)

Asset Quality

8

Q2 2024Q2 2026peer median (50)

Profitability

74

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

47

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Banco Popular de Puerto Rico

San Juan, PR · Cert 34968 · Popular Inc.

State charter, Fed member · FED · 1 affiliate bank · 163 branches (199 in holding)

Q2 2026

$63.3BAssets
$27.9BLoans
$58.2BDeposits
$4.0BEquity
Loan mix
54%RE $12.8B17%C&I $4.2B29%Consumer $7.0BQ2 2025Q2 2026
Deposit mix
76%Interest-bearing $44.5B24%Noninterest $13.7BQ2 2025Q2 2026

NIM

4.90%Q2 ’244.90%Q2 ’254.83%Q2 ’26+8%+4%

Non-interest income vs. expense

2.67%Q2 ’242.65%Q2 ’252.53%Q2 ’26+4%-8%

Market Position · San Juan-Bayamon-Caguas, PR · 2026 SOD (annual) · 66.3% share · #1 of 6 inst. · $49.5B of $74.7B

68.5% San Juan
51.4% Bayamon
59.9% Carolina
48.3% Guaynabo

Executive Summary

  • Earnings: ROA of 1.38%, up 23 bps year over year; NIM at 3.65%.
  • Asset quality: problem loans at 2.40% of loans (+66 bps YoY), with net charge-offs at 1.15%.
  • Capital: tier 1 leverage ratio of 7.53%, up 5 bps from a year ago.
  • Funding: loans stand at 47.97% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.38%+23 bps YoY

Net Interest Margin (YTD, annualized)

3.65%+14 bps YoY

Efficiency Ratio (YTD, annualized)

56.26%-475 bps YoY

Tier 1 Leverage Ratio

7.53%+5 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.15%1.17%1.17%1.32%1.38%+23 bps
Return on Equity20.32%20.09%19.88%20.87%21.78%+147 bps
Net Interest Margin3.51%3.52%3.61%3.70%3.65%+14 bps
Efficiency Ratio61.01%60.42%59.89%56.47%56.26%-475 bps
Non-Interest Burden1.82%1.80%1.82%1.72%1.68%-14 bps
Growth
Asset Growth (YoY)4.23%4.99%2.24%2.51%4.22%-1 bps
Loan Growth (YoY)6.71%5.69%5.77%6.04%4.78%-193 bps
Deposit Growth (YoY)2.46%4.16%1.28%2.25%4.88%+242 bps
Asset Quality
Nonperforming Loans / Loans1.74%2.43%2.50%2.35%2.40%+66 bps
Net Charge-Offs / Loans0.65%0.71%0.70%0.86%1.15%+50 bps
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio7.48%7.47%7.52%7.39%7.53%+5 bps
Total Risk-Based Capital17.24%17.16%16.85%17.01%17.66%+42 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits48.01%49.56%50.65%49.62%47.97%-4 bps
Liquid Assets / Assets12.63%12.66%12.45%11.67%9.98%-266 bps
CRE / Total Capitaln/an/an/an/an/an/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Banco Popular de Puerto Rico

San Juan, PR · Cert 34968 · Peer group: banks over $10B in assets (n=142-144) · Popular Inc.

State charter, Fed member · FED · 1 affiliate bank · 163 branches (199 in holding)

Q2 2026

$63.3BAssets
$27.9BLoans
$58.2BDeposits
$4.0BEquity

Executive Summary

  • Strongest standing: return on equity outperforms 91% of banks over $10B in assets (rank 13 of 144).
  • Widest gap: equity / assets trails 98% of banks over $10B in assets (rank 141 of 144).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.33%

Rank 60 of 144

Net Interest Margin

3.65%

Rank 39 of 144

Efficiency Ratio

56.26%

Rank 77 of 144

Equity / Assets

6.37%

Rank 141 of 144

Non-interest income vs. expense

$0.5B$1.6BINCOMEEXPENSE
Unfavorable gap of $1.1B · efficiency ratio beats 47% of banks over $10B in assets
Bank 56.26%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.33%1.00%1.26%1.54%Beats 58%60 / 144
Return on Equity20.93%8.98%11.34%14.40%Beats 91%13 / 144
Net Interest Margin3.65%2.82%3.31%3.68%Beats 73%39 / 144
Efficiency Ratio56.26%49.42%56.02%62.41%Beats 47%77 / 144
Asset Quality
Nonperforming Loans / Loans2.40%0.48%0.73%1.07%Beats 5%136 / 142
Net Charge-Offs / Loans0.75%0.05%0.11%0.22%Beats 10%129 / 142
Capital
Tier 1 Capital Ratio16.40%12.07%12.98%14.92%Beats 85%22 / 144
Total Risk-Based Capital Ratio17.66%13.39%14.14%16.25%Beats 84%23 / 144
Equity / Assets6.37%9.69%11.39%12.96%Beats 2%141 / 144
Liquidity & Funding
Loans / Deposits47.97%75.72%84.92%91.56%5th pctl136 / 143
Loans / Assets44.09%59.83%69.07%74.80%10th pctl129 / 144
Brokered Deposits / Depositsn/aNot reported for this institution