Popular reports Q2 EPS $3.09, consensus $2.56

Reports Q2 tangible book value per share $75.41. Reports Q2 CET1 capital ratio 15.91%. Reports Q2 net charge-offs 0.61%. “We delivered strong performance in the second quarter, highlighted by higher net interest income, an expanding net interest margin, healthy loan and deposit growth, and improved credit quality,” said Javier Ferrer, president and CEO of Popular (BPOP), Inc. “I would like to recognize our colleagues, whose hard work made these achievements possible. I assume the role of CEO with a deep sense of responsibility and genuinely honored by the privilege of leading such a talented and dedicated team.”