Popular (BPOP) Financials

Popular Inc. (BPOP) is a financial institution that provides banking and financial services to individuals, businesses, and institutional clients in Puerto Rico and the United States. The company operates through various segments, including Banco Popular de Puerto Rico, Banco Popular North America, and Popular Financial Holdings. As of December 31, 2020, Banco Popular de Puerto Rico had total assets of $51.7 billion, while Banco Popular North America had total assets of $9.4 billion. The company offers a wide range of banking products and services, including commercial and retail banking, mortgage loans, consumer loans, and wealth management services.

The income statement of Popular Inc. shows the financial performance of the company over a specific period of time. For the fiscal year ended December 31, 2020, Popular Inc. reported total revenues of $2.8 billion. The gross profit for the year was $1.7 billion, while the net income attributable to common stockholders was $451 million. The earnings before interest and taxes (EBIT) amounted to $871 million, indicating the company's operating profitability. The earnings before interest, taxes, depreciation, and amortization (EBITDA) were $1 billion, reflecting the company's operational cash flow.

Popular Inc.'s balance sheet provides a snapshot of the company's financial position at a specific point in time. As of December 31, 2020, the company had total assets of $63.2 billion. The total liabilities of the company amounted to $57 billion, including both short-term and long-term debts. The net debt, which represents the difference between total debt and cash equivalents, was $5.6 billion. The stockholders' equity, which represents the company's net worth, was $6.2 billion. Popular Inc. had a strong cash position, with cash equivalents amounting to $3.5 billion.

Popular Inc.'s cash flow statement provides information about the cash inflows and outflows of the company during a specific period of time. The operating cash flow for the fiscal year ended December 31, 2020, was $968 million, indicating the company's ability to generate cash from its core operations. The investing cash flow, which represents the cash used for investments in assets or acquisitions, was $303 million. The financing cash flow, which represents the cash used for debt repayment or stock repurchases, was $458 million. The free cash flow, which represents the cash available for distribution to stockholders after deducting capital expenditures, was $555 million.