NASDAQ$BPOP
Popular Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Popular's Q4 2022 financial results were announced, revealing a net income of $257.1 million.
Popular, Inc. reported a net income of $257.1 million for Q4 2022. The results included a tax benefit of $68.2 million related to the partial release of the deferred tax valuation allowance in the U.S.
- Net income was $257.1 million in Q4 2022, which included a tax benefit of $68.2 million.
- Net interest margin was 3.28% in Q4 2022.
- Non-performing loans held-in-portfolio decreased by $14.0 million from Q3 2022.
- The Corporation repurchased a total of 3,179,265 shares at an average purchase price of $72.66 under the ASR Agreement.
Headline financials
Revenue & EPS history
Popular · Revenue · Quarterly
$560M
Forward guidance
Popular plans to continue to leverage the benefits of the Evertec transaction and will focus on growing and deepening its strong commercial and retail franchise in P.R. as it continues to look for appropriate opportunities in the U.S. market.
Tailwinds
- Leverage the benefits of the Evertec transaction.
- Focus on growing and deepening the strong commercial and retail franchise in P.R.
- Continue to look for appropriate opportunities in the U.S. market.
- P.R. will continue its growth path, albeit perhaps at a slower pace.
- Committed to continuing that transformation by investing in the future of our organization, our people and the communities we serve to meet future challenges and continue to provide value to our shareholders.
Headwinds
- Aware of the macroeconomic headwinds related to inflation and geopolitical risks.
- Expected slowdown in the economy as a result of tight monetary policy.
- Weaker job growth.
- Persistent inflation.
- Reduction in 2023 GDP growth for Puerto Rico and the United States.
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 Q4 2022
+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% | — | — |
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