NASDAQ$BPOP
Popular Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Popular, Inc. reported solid earnings for Q1 2024, benefiting from a stable deposit base and increased net interest income.
Popular, Inc. reported a net income of $103.3 million for Q1 2024. The results reflect a solid earnings performance, with a 3% increase in net interest income and an expansion of the net interest margin by eight basis points. Credit quality remained stable during the quarter.
- Net income for Q1 2024 was $103.3 million.
- Net interest income increased by $16.6 million compared to Q4 2023.
- Net interest margin increased to 3.16% compared to 3.08% in Q4 2023.
- Credit quality remained stable with trends similar to recent periods.
Headline financials
Revenue & EPS history
Popular · Revenue · Quarterly
$715M
Forward guidance
The Corporation expects its ETR for the year 2024 to be within a range from 21% to 23%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+1.2%
Avg return
Earnings day
+1.9%
Avg return
5 days after
+3.9%
Avg return
30 days after
59%
41 / 69 earnings
Positive
+15.3%
Q4 2012
Best reaction
-12.0%
Q2 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | +1.6% | +1.4% | |
| Q4 2025 | +6.3% | +8.7% | +16.0% | |
| Q3 2025 | -1.2% | -2.6% | -0.5% | |
| Q2 2025 | +0.3% | +0.3% | +3.9% | |
| Q1 2025 | +5.9% | +7.4% | +14.6% | |
| Q4 2024 | -1.3% | -0.8% | -3.2% | |
| Q3 2024 | -11.0% | -9.7% | -1.0% | |
| Q2 2024 | -0.7% | -0.8% | -3.4% | |
| Q1 2024 | +3.6% | +1.6% | +3.7% | |
| Q4 2023 | +4.9% | +7.2% | -0.1% | |
| Q3 2023 | +8.1% | +8.4% | +20.4% | |
| Q2 2023 | +4.6% | +7.4% | -5.4% | |
| Q1 2023 | +3.2% | +2.7% | +3.5% | |
| Q4 2022 | -3.9% | -3.1% | +4.3% | |
| Q3 2022 | -6.9% | -6.0% | -4.3% | |
| Q2 2022 | -3.0% | -4.1% | -0.1% | |
| Q1 2022 | -0.4% | -2.5% | +0.9% | |
| Q4 2021 | -0.8% | +3.8% | +3.4% | |
| Q3 2021 | +1.5% | +6.0% | +3.5% | |
| Q2 2021 | -0.2% | +0.5% | +3.5% | |
| Q1 2021 | +0.4% | -0.1% | +8.5% | |
| Q4 2020 | +2.9% | +11.0% | +21.2% | |
| Q3 2020 | +7.6% | +11.6% | +29.4% | |
| Q2 2020 | +2.6% | +0.6% | -1.6% | |
| Q1 2020 | -11.3% | -13.3% | -5.6% | |
| Q4 2019 | -2.9% | -3.7% | -16.3% | |
| Q3 2019 | -1.6% | +0.8% | +0.2% | |
| Q2 2019 | +5.4% | +4.7% | -6.2% | |
| Q1 2019 | +1.5% | +3.4% | -1.0% | |
| Q4 2018 | +3.4% | +6.1% | +11.6% | |
| Q3 2018 | -0.1% | +1.2% | +7.0% | |
| Q2 2018 | +6.4% | +6.0% | +8.4% | |
| Q1 2018 | +6.3% | +8.1% | +6.1% | |
| Q4 2017 | +7.1% | +5.2% | +9.9% | |
| Q3 2017 | +1.6% | +0.1% | +3.7% | |
| Q2 2017 | +1.9% | -0.4% | -4.3% | |
| Q1 2017 | +6.0% | +4.0% | -5.2% | |
| Q4 2016 | +2.3% | +2.0% | +1.0% | |
| Q3 2016 | -4.2% | -6.3% | +6.3% | |
| Q2 2016 | +7.3% | +8.3% | +21.6% | |
| Q1 2016 | +0.4% | — | — | |
| Q4 2015 | +8.8% | — | — | |
| Q3 2015 | -4.9% | — | — | |
| Q2 2015 | +5.8% | — | — | |
| Q1 2015 | -2.0% | — | — | |
| Q4 2014 | +0.7% | — | — | |
| Q3 2014 | +4.3% | — | — | |
| Q2 2014 | -1.0% | — | — | |
| Q1 2014 | +5.3% | — | — | |
| Q4 2013 | +2.8% | — | — | |
| Q3 2013 | -2.7% | — | — | |
| Q2 2013 | +3.0% | — | — | |
| Q1 2013 | -0.4% | — | — | |
| Q4 2012 | +15.3% | — | — | |
| Q3 2012 | -0.5% | — | — | |
| Q2 2012 | -12.0% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2010 | +2.7% | — | — | |
| Q4 2011 | +2.7% | — | — | |
| Q3 2011 | -8.2% | — | — | |
| Q2 2011 | +4.1% | — | — | |
| Q1 2010 | -1.0% | — | — | |
| Q1 2011 | -1.7% | — | — | |
| Q4 2008 | -2.5% | — | — | |
| Q3 2009 | +1.9% | — | — | |
| Q3 2010 | +1.9% | — | — | |
| Q2 2009 | +3.4% | — | — | |
| Q4 2009 | +3.4% | — | — | |
| Q2 2010 | +3.4% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro