Popular Q2 FY26 net income rises 32% to $278 million; EPS climbs 41% to $4.35 vs year-ago quarter

Bitget

News

Reuters2026/07/23 12:08

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Popular posts Q2 2026 net income of USD 278 million, up 13% from Q1 2026; EPS rose to USD 4.35 from USD 3.78.
Net interest income climbed to USD 693.42 million, up 3.5% from Q1, as investment securities income rose and commercial loan balances grew.
Non-interest income increased 8% from Q1 to USD 180.55 million, led by higher credit and debit card fees; operating expenses rose 3% to USD 484.13 million.
Credit quality shifted as the net charge-off ratio widened to 1.05% from 0.61% on a USD 71 million commercial charge-off; the NPL ratio narrowed to 1.04% from 1.17%.
Management flagged a CEO transition for Aug. 31, 2026, lifted planned quarterly dividend to USD 0.90 from USD 0.75, launched a new USD 1 billion buyback, and raised full-year net interest income growth guidance to 8%-9%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Popular Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000763901-26-000013), on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Popular Q2 FY26 net income rises 32% to $278 million; EPS climbs 41% to $4.35 vs year-ago quarter

You may also like

Crypto prices