Paul Cardillo - Investor Relations Conference Call Participants Broderick Preston - UBS Paul Cardillo Good morning, and thank you for joining the call. We are pleased to report another strong quarter. Net income totaled $137 million, which includes the effect of an after-tax goodwill impairment of $16 million in our U.S.- based equipment leasing subsidiary. Excluding this impact, net income would have been $153 million, $2 million more than the previous quarter. The increase in net income was driven by lowe ...

INVESTOR PRESENTATION Third Quarter 2023 Quarter Highlights • Net income of $153 million, excluding after-tax goodwill impairment charge of $16 million • Deposits decreased $667 million, mainly P.R. Government deposits • Common Equity Tier 1 capital ratio decreased 6 basis points (bps) to 16.81% Business Highlights Earnings • Loans increased by $642 million QoQ across most business segments: ▪ Commercial loans increased $311 million ▪ Mortgage loans increased $121 million ▪ Auto loans and leases increased $ ...

The weighted average yield on debt securities available-for-sale is based on amortized cost; therefore, it does not give effect to changes in fair value. Securities not due on a single contractual maturity date, such as mortgage-backed securities and collateralized mortgage obligations, are classified based on the period of final contractual maturity. The expected maturities of collateralized mortgage obligations, mortgage-backed securities and certain other securities may differ from their contractual matu ...

Popular, Inc. (NASDAQ:BPOP) Q2 2023 Earnings Conference Call July 26, 2023 11:00 AM ET Paul Cardillo - Senior Vice President and Investor Relations Officer Carlos Vazquez - Executive Vice President and Chief Financial Officer Jorge Garcia - Senior Vice President and Corporate Comptroller Timur Braziler - Wells Fargo Securities Alexander Twerdahl - Piper Sandler & Co. Gerard Cassidy - RBC Capital Markets LLC Good morning, everyone, and welcome to today's conference call titled Popular, Inc. Q2 2023 Earnings ...

Note 10 – Mortgage banking activities Note 11 – Transfers of financial assets and mortgage servicing assets | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------|-------|-----------|-------|-----------|-------|-----------|---------|--------------| | (In thousands) \nAssets | | Level 1 | | Level 2 | | Level 3 | Initial | Fair Value | | Trading account debt securities: | | | | | | | | | | Mortgage-backed securities - GNMA | $ | - | $ | 77,894 | $ | - | $ | 77 ...

Participants Paul Cardillo - Senior Vice President and Investor Relations Officer Carlos Vazquez - CFO Analysts Timur Braziler - Wells Fargo Kelly Motta - KBW Operator I will now like to pass the conference over to your host, Paul Cardillo with Popular, Inc. Please proceed. Good morning and thank you for joining us. With us on the call today is our COO, Javier Ferrer; our CFO, Carlos Vazquez; and our CRO, Lidio Soriano. They will review our results for the first quarter and then answer your questions. Other ...

10.25 Asset Purchase Agreement, dated as of February 24, 2022, among Evertec, Inc. and Evertec Group, LLC, Popular, Inc. and Banco Popular de Puerto Rico (incorporated by reference to Exhibit 2.1 of Popular, Inc.'s Current Report on Form 8-K dated and filed on February 24, 2022). 31.2 Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. (1) * This exhibit is a management contract or compensatory plan or arrangement. Popular, Inc. has not filed as exhibits c ...

Happy New Year to you, too. Carlos, on the OCI or AOCI, I should say, when you look at it, you had in the available-for-sale portfolio, about $1.8 billion of unrealized losses. Can you share with us what kind of interest rate environment would we need to see for that number to fall materially from here. quarter. So the portfolio is laddered out all the way up to 6 years. In fact, we probably have about $1 billion or so that mature every given quarter. So that also shows the duration as time passes. Yes. Tha ...

| --- | --- | --- | |-------------------------------------------------------------|-------------------|-------------------------------------------| | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | Common Stock ($0.01 par value) | BPOP | The NASDAQ Stock Market | | 6.125% Cumulative Monthly Income Trust Preferred Securities | BPOPM | The NASDAQ Stock Market | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q [X] Quarterly report pursuan ...

Popular, Inc. (NASDAQ:BPOP) Q3 2022 Earnings Conference Call October 26, 2022 11:00 AM ET Company Participants Paul Cardillo - Investor Relations Officer Ignacio Alvarez - Chief Executive Officer Javier Ferrer – Chief Operating Officer Carlos Vazquez - Chief Financial Officer Lidio Soriano - Chief Risk Officer Conference Call Participants Alex Twerdahl - Piper Sandler Tim Braziler - Wells Fargo Brett Rabatin - Hovde Group Kelly Motta - KBW Thomas Leddy - RBC Operator Welcome to today's Popular, Inc. Q3 2022 ...