Banco Popular de Puerto Rico: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 9.66% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 9.66% (RCFAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 16.40% +9.90 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $4.74B | 4,742,000 | RCFAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $28.92B | 28,920,000 | RCFAA223 |
| Recomputed ratio | 16.40% | numerator / denominator | |
| Filed ratio | 16.40% | RCFAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +9.90 pp | $2.86B | capital that could be lost first |
Tier 1 risk-based capital ratio 16.40% +8.40 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $4.74B | 4,742,000 | RCFA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $28.92B | 28,920,000 | RCFAA223 |
| Recomputed ratio | 16.40% | numerator / denominator | |
| Filed ratio | 16.40% | RCFA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +8.40 pp | $2.43B | capital that could be lost first |
Total risk-based capital ratio 17.66% +7.66 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $5.11B | 5,107,000 | RCFA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $28.92B | 28,920,000 | RCFAA223 |
| Recomputed ratio | 17.66% | numerator / denominator | |
| Filed ratio | 17.66% | RCFA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +7.66 pp | $2.22B | capital that could be lost first |
Tier 1 leverage ratio 7.53% +2.53 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $4.74B | 4,742,000 | RCFA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $62.98B | 62,983,000 | RCFAA224 |
| Recomputed ratio | 7.53% | numerator / denominator | |
| Filed ratio | 7.53% | RCFA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +2.53 pp | $1.59B | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 1,367,000 | 1,367,000 | 1,367,000 | 1,366,000 | 1,367,000 | 1,366,000 | RCFAP742 |
| Retained earnings | 3,702,000 | 3,478,000 | 3,454,000 | 3,501,000 | 3,472,000 | 3,294,000 | RCFAKW00 |
| Accumulated other comprehensive income | (1,037,000) | (1,032,000) | (1,043,000) | (1,134,000) | (1,259,000) | (1,348,000) | RCFAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCFAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 4,032,000 | 3,813,000 | 3,778,000 | 3,733,000 | 3,580,000 | 3,312,000 | RCFAP840 |
| Adjustments and deductions from common equity Tier 1 | 710,000 | 696,000 | 706,000 | 795,000 | 918,000 | 1,006,000 | P859 - P840 |
| Common equity Tier 1 capital | 4,742,000 | 4,509,000 | 4,484,000 | 4,528,000 | 4,498,000 | 4,318,000 | RCFAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCFAP865 |
| Tier 1 capital | 4,742,000 | 4,509,000 | 4,484,000 | 4,528,000 | 4,498,000 | 4,318,000 | RCFA8274 |
| Tier 2 capital | 365,000 | 363,000 | 364,000 | 360,000 | 356,000 | 348,000 | RCFA5311 |
| Allowance includable in Tier 2 capital | 365,000 | 363,000 | 364,000 | 360,000 | 356,000 | 348,000 | RCFA5310 |
| Total capital | 5,107,000 | 4,872,000 | 4,848,000 | 4,888,000 | 4,854,000 | 4,666,000 | RCFA3792 |
| Total risk-weighted assets | 28,920,000 | 28,634,500 | 28,763,300 | 28,481,600 | 28,163,400 | 27,501,300 | RCFAA223 |
| Average total assets for the leverage ratio | 62,983,000 | 61,017,000 | 59,629,000 | 60,614,000 | 60,106,000 | 59,498,000 | RCFAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $3.89B | $21.8M | 0.56% | 0.07% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $30.48B | $1.05B | 3.43% | 3.57% | RC-R Part II, item 2.a, 2.b |
| Fed funds sold and repo-style transactions | $15.0M | $0 | 0.00% | 0.00% | RC-R Part II, item 3.a, 16 |
| Loans: residential mortgage | $7.53B | $3.59B | 47.69% | 12.28% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $70.0M | $105.0M | 150.00% | 0.36% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $344.0M | $516.0M | 150.00% | 1.76% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $19.97B | $19.29B | 96.62% | 65.96% | RC-R Part II, item 4.d, 5.d |
| Trading assets | $6.0M | $0 | 0.00% | 0.00% | RC-R Part II, item 7 |
| All other assets | $2.39B | $3.17B | 132.67% | 10.84% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $1.67B | $1.47B | 88.19% | 5.03% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $36.0M | $36.0M | 100.00% | 0.12% | RC-R Part II, item 20, 21 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $29.25B | ties to item 31 ($29.25B) |
|---|---|---|
| Risk-weighted assets before deductions | $29.25B | RCFDB704 |
| Less: excess allowance for credit losses | $327.0M | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $28.92B | RCFDG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 16.40% | 16.40% | 17.66% | 7.53% | 12.98% | 12.99% | 14.14% | 10.25% |
| 1Q26 | Risk-based | 15.75% | 15.75% | 17.01% | 7.39% | 13.06% | 13.07% | 14.31% | 10.26% |
| 4Q25 | Risk-based | 15.59% | 15.59% | 16.85% | 7.52% | 13.15% | 13.20% | 14.60% | 10.03% |
| 3Q25 | Risk-based | 15.90% | 15.90% | 17.16% | 7.47% | 13.29% | 13.29% | 14.49% | 10.31% |
| 2Q25 | Risk-based | 15.97% | 15.97% | 17.24% | 7.48% | 13.11% | 13.11% | 14.41% | 10.16% |
| 1Q25 | Risk-based | 15.70% | 15.70% | 16.97% | 7.26% | 13.16% | 13.16% | 14.34% | 10.10% |
| 4Q24 | Risk-based | 15.79% | 15.79% | 17.05% | 7.55% | 13.15% | 13.15% | 14.49% | 10.29% |
| 3Q24 | Risk-based | 15.95% | 15.95% | 17.21% | 7.53% | 13.25% | 13.25% | 14.44% | 10.08% |
| 2Q24 | Risk-based | 16.37% | 16.37% | 17.63% | 7.49% | 13.08% | 13.08% | 14.24% | 10.10% |
| 1Q24 | Risk-based | 16.66% | 16.66% | 17.93% | 7.59% | 12.76% | 12.76% | 13.98% | 9.86% |
| 4Q23 | Risk-based | 16.90% | 16.90% | 18.16% | 7.74% | 12.58% | 12.58% | 13.79% | 9.79% |
| 3Q23 | Risk-based | 17.45% | 17.45% | 18.71% | 7.48% | 12.66% | 12.67% | 13.78% | 9.78% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| Banco Popular de Puerto Rico (this bank) | Risk-based | 16.40% | 16.40% | 17.66% | 7.53% | |
| Columbia Bank | $65.37B | Risk-based | 12.21% | 12.21% | 13.13% | 9.68% |
| Valley National Bank | $66.23B | Risk-based | 12.28% | 12.28% | 13.34% | 10.25% |
| CIBC Bank USA | $66.50B | Risk-based | 16.86% | 16.86% | 17.98% | 14.34% |
| SouthState Bank, N.A. | $68.79B | Risk-based | 12.17% | 12.17% | 13.27% | 10.28% |
| SoFi Bank, N.A. | $56.82B | Risk-based | 15.17% | 15.17% | 15.29% | 13.34% |
| UMB Bank, N.A. | $71.90B | Risk-based | 11.75% | 11.75% | 12.62% | 8.89% |
| Frost Bank | $53.95B | Risk-based | 14.42% | 14.42% | 15.42% | 9.08% |
| BOKF, N.A. | $52.98B | Risk-based | 12.29% | 12.29% | 14.17% | 9.29% |
| Peer 25th percentile | 12.20% | 12.20% | 13.23% | 9.24% | ||
| Peer median | 12.28% | 12.28% | 13.76% | 9.97% | ||
| Peer 75th percentile | 14.61% | 14.61% | 15.32% | 11.05% | ||
| This bank's percentile | 88 | 88 | 88 | 0 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/940311/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.