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(NASDAQ:BPOP) reported higher net income (GAAP) compared to Q1 2025 and expanded its return on tangible common equity, while management announced both a new $500 million share repurchase program and a 7% increase in the quarterly common stock dividend. Deposit and loan growth remained strong, driven by commercial and construction activity, and operating expense guidance was revised to reflect the impact of profit-sharing accruals. Substantial improvements in credit quality led to lower net charge-offs and a downward revision to full-year loss guidance, supporting the company’s outlook for sustained profitability expansion.

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