Popular, Inc. · NASDAQ:BPOP

Popular — Merger or Acquisition (February 2018)

5 slides from Popular's merger presentation, Feb 14, 2018

Slide 1: Agreement to Acquire Wells Fargo's Auto Finance Business in Puerto Rico
Investor Presentation Agreement to Acquire Wells Fargo’s Auto Finance Business in Puerto Rico February 14, 2018 Exhibit 99.1
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding 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 Popular, Inc.’s (the “Corporation,” “Popular,” “us,” “our”) business,
Slide 3: Transaction Overview
Transaction Overview 2 On February 14, 2018 announced an agreement to acquire 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 (Excluding transaction costs
Slide 4: Portfolio characteristics, credit quality and purchase accounting
3 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 721 at origination. 2.6% of the portfolio was +30 DPD as of January 2018 as compared to 2.2% and 2.2% as
Slide 5: Agreement to Acquire Wells Fargo's Auto Finance Business in Puerto Rico
Investor Presentation Agreement to Acquire Wells Fargo’s Auto Finance Business in Puerto Rico February 14, 2018