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Popular reports Q3 EPS $3.15, consensus $2.91

Reports Q3 tangible book value per share $79.12. Reports Q3 CET1 capital ratio 15.79%. “We are very pleased with our strong results in the third quarter, which were driven by higher revenues, continued expansion of our net interest margin, and discipline in expense management,” said Javier Ferrer, president and CEO of Popular (BPOP). “We are also encouraged by strong loan growth in both markets, stable customer deposit balances, and solid performance across most fee-generating segments, including robust transaction activity supported by continued customer growth.”

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