Popular, Inc. · NASDAQ:BPOP

Popular — Merger or Acquisition (August 2018)

5 slides from Popular's merger presentation, Aug 3, 2018

  1. Slide 1: Acquisition of Wells Fargo's Auto Finance Business in Puerto Rico

    Investor Presentation Acquisition of Wells Fargo’s Auto Finance Business in Puerto Rico August 1st, 2018 Exhibit 99.2

  2. Slide 2: Forward-Looking Statements

    This presentation contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including without limitation those about the full phased-in costs savings resulting from Popular Inc.’s (the “Corporation”, “Popular”, “we” “us” or “our”) acquisit

  3. Slide 3: Transaction Overview

    Transaction Overview On August 1st, 2018 acquired certain assets and assumed certain liabilities from Transaction Financials Highlights ($ amounts in millions) Price Discount to Book Value 4.5% Estimated Fully Phased-in Cost Savings 30% Transaction costs (pre-tax) $13 12 mo. earnings accretion (excl

  4. Slide 4: Acquired Portfolio Characteristics

    The average coupon rate and historical charge-offs are comparable to the combined Auto Loan and Auto Lease portfolios of Popular Auto. Yield / Charge-Offs Average retail portfolio FICO score of 725 at origination. 2.1% of the portfolio was +30 days past due as of June 30, 2018 as compared to 2.3% as

  5. Slide 5: Acquisition of Wells Fargo's Auto Finance Business in Puerto Rico

    Investor Presentation Acquisition of Wells Fargo’s Auto Finance Business in Puerto Rico August 1st, 2018

Popular — Merger or Acquisition (August 2018) on 6ix