Popular(US:BPOP)2025-04-23 17:35Financial Performance - Net income remained stable at $178 million in Q1 2025 compared to Q4 2024[4] - Net Interest Margin (NIM) increased by 5 bps to 3.40%[4] - Fully Taxable Equivalent (FTE) NIM expanded by 11 bps to 3.73%[4] - Earnings Per Share (EPS) increased to $2.56 from $2.51[4] Balance Sheet - Total deposits increased by $935 million, a 1.4% increase[6, 11] - Excluding P R public deposits, customer deposits increased by $776 million[11] - Loans held in portfolio increased by $146 million to $37,254 million[6] Credit Quality - Non-Performing Loans (NPLs) decreased by $37 million to $314 million[7, 11] - The NPL Ratio improved to 0.84% from 0.95% in Q4[7, 11] - Net Charge-Off (NCO) Ratio decreased to 0.53% from 0.74%[7, 11] Capital Actions - Repurchased $122 million of common stock at an average price of $96 24 per share[11] - Paid quarterly common stock dividend increased 13% to $0 70[11]