Investor Presentaiton
0.39%
$33
$33
$31
$24
NCOs and NCO-to-Loan Ratio
($ in millions)
NCOs and Allowance for Credit Losses
Q3 2023 vs Q2 2023 Variances:
NCOs amounted to $33 million,
increasing by $9 million
BPPR's NCOs at $26 million, increasing
by $7 million, driven by higher
consumer NCOs by $14 million,
0.12%
$18
($8)
$4
$6
Q4 21
Q1 22
Q2 22
Q3 22
Q4 22
Q1 23
Q2 23
Q3 23
ACL
($ in millions)
NCO
Accounting Reserve
NCO%
Reserve
Balance Guidance Build
Balance Build
Balance
12/31/22 Adjustment (Release) 03/31/23 (Release) 06/30/23
Reserve
Build
(Release)
Balance ACL/Loan
09/30/23 09/30/23
Commercial
$
240 $
(2) $
10 $ 248 $ 12 $ 260 $
(15) $ 245
1.37%
Mortgage
135
(36)
5
104
(8)
96
(4)
92
1.21%
21
(0)
0
21
(7)
14
(4)
10
0.60%
partially offset by an $11 million
recovery from a commercial loan
repayment
Popular Bank's NCOs at $7 million,
increasing by $2 million
NCO ratio at 0.39% vs. 0.29%
ACL at $711 million, increasing by $11
million
ACL-to-Loans ratio at 2.09% vs. 2.12%
ACL-to-NPLs at 197% vs. 182%
Leases
$9
Q3 21
Dollars in millions
Differences due to rounding
༄ ཋ ནྲྀ ཌ ཤཱ &
68
112
3 6
71
1
6
118
11
129
124
10
134
21
155
225
73
6.73%
6.36%
4.28%
(5)
6
1
7
4.70%
315
15
330
34
364
5.28%
689 $
11 $
700 $
E
11 $
711
2.09%
Consumer:
Credit Cards
59
9
Personal Loans
121
Auto
125
Other
ཞ ཐ
(8)
(1)
(0)
(1)
20
(8)
Total Consumer
325
Total ACL
ST
$
720 $
181
(8)
(1)
(46) $
14 $
11View entire presentation