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BPOP (Popular) Retained Earnings : $4,571 Mil (As of Dec. 2024)


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What is Popular Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Popular's retained earnings for the quarter that ended in Dec. 2024 was $4,571 Mil.

Popular's quarterly retained earnings increased from Jun. 2024 ($4,386 Mil) to Sep. 2024 ($4,496 Mil) and increased from Sep. 2024 ($4,496 Mil) to Dec. 2024 ($4,571 Mil).

Popular's annual retained earnings increased from Dec. 2022 ($3,834 Mil) to Dec. 2023 ($4,195 Mil) and increased from Dec. 2023 ($4,195 Mil) to Dec. 2024 ($4,571 Mil).

Popular Retained Earnings Historical Data

The historical data trend for Popular's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Popular Retained Earnings Chart

Popular Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,260.93 2,973.75 3,834.35 4,194.85 4,570.96

Popular Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,194.85 4,253.03 4,385.52 4,495.88 4,570.96

Popular Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Popular  (NAS:BPOP) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Popular Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Popular Inc (NAS:BPOP) » Definitions » Retained Earnings
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Traded in Other Exchanges
BPOPO.PFD:USA PP4A:Germany
Address
209 Munoz Rivera Avenue, Hato Rey, PRI, 00918
Website
https://www.popular.com
Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, a bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. The Corporation's reportable segments consist of Banco Popular de Puerto Rico and Popular U.S.
Executives
Gilberto Monzon officer: EXECUTIVE VICE PRESIDENT P. O. BOX 362708, SAN JUAN PR 00936-2708
Luis E. Cestero officer: Executive Vice President P O BOX 362708, SAN JUAN PR 00936-2708
Eduardo J. Negron officer: Senior Vice President P.O. BOX 362708, SAN JUAN PR 00936-2708
Eli Sepulveda officer: EVP P O BOX 362708, SAN JUAN PR 00936-2708
Beatriz Castellvi officer: EVP & Chief Security Officer P O BOX 362708, SAN JUAN PR 00936-2708
Camille Burckhart officer: Executive Vice President PO BOX 362708, SAN JUAN PR 00936-2708
Manuel Chinea officer: Executive Vice President P O BOX 362708, SAN JUAN PR 00936-2708
Alejandro M Ballester director P O BOX 364548, SAN JUAN PR 00936-4548
Lidio Soriano officer: Executive Vice President PO BOX 1180, MAYAGUEZ PR 00681-1180
Maria Luisa Ferre director PO BOX 9066590, SAN JUAN PR 00906-6590
Jorge J. Garcia officer: Senior VP & Comptroller P O BOX 362708, SAN JUAN PR 00936-2708
Alejandro M Sanchez director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Carlos J Vazquez officer: EVP P O BOX 195334, SAN JUAN PR 00919-5334
C Kim Goodwin director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Jose R. Coleman-tio officer: EVP & CHIEF LEGAL OFFICER P.O. BOX 362708, SAN JUAN PR 00936-2709