Banco Popular reported unaudited unconsolidated earnings results for the month and year to date of December 2014. For the month, the company reported unconsolidated total interest income of COP 127,623 million compared to COP 127,696 million in the previous month. Net interest income was COP 82,824 million compared to COP 85,276 million a year ago. Total operating income was COP 82,189 million compared to COP 80,218 million in the previous month. Net operating income was COP 26,167 million compared to COP 32,557 million in the previous month. Income before income tax expense was COP 29,679 million compared to COP 35,383 million in the previous month. Net income was COP 20,834 million compared to COP 22,223 million in the previous month.

For the year to date, the company reported unconsolidated total interest income of COP 1,582,499 million compared to COP 1,563,513 million a year ago. Net interest income was COP 1,076,851 million compared to COP 1,104,601 million a year ago. Total operating income was COP 1,126,578 million compared to COP 1,156,608 million a year ago. Net operating income was COP 502,496 million compared to COP 517,425 million a year ago. Income before income tax expense was COP 561,105 million compared to COP 605,190 million a year ago. Net income was COP 380,080 million compared to COP 398,557 million a year ago.