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BPOP

Popular, Inc.

BPOP

Popular, Inc. • NASDAQ
$114.71 ▲ 0.15% (+0.17)
Market Cap $7.65 B
52w High $129.32
52w Low $78.23
Dividend Yield 2.85%
P/E 10.17
Volume 283.87K
Outstanding Shares 66.67M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.158B ▲ $495.287M ▲ $231.317M ▲ 19.978% ▲ $3.1 ▲ $267.672M ▲
Q2-2025 $1.112B ▲ $492.761M ▲ $210.44M ▲ 18.919% ▲ $3.09 ▲ $258.709M ▲
Q1-2025 $1.031B ▼ $433.231M ▲ $177.502M ▼ 17.212% ▲ $2.56 ▲ $235.442M ▲
Q4-2024 $1.049B ▼ $432.56M ▼ $177.817M ▲ 16.945% ▲ $2.5 ▲ $232.796M ▲
Q3-2024 $1.067B $433.001M $155.323M 14.554% $2.16 $213.961M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $25.778B ▼ $75.066B ▼ $68.95B ▼ $6.116B ▲
Q2-2025 $27.201B ▲ $76.065B ▲ $70.111B ▲ $5.954B ▲
Q1-2025 $26.035B ▲ $74.039B ▲ $68.239B ▲ $5.8B ▲
Q4-2024 $25.016B ▲ $73.045B ▲ $67.432B ▲ $5.613B ▼
Q3-2024 $24.113B $71.323B $65.533B $5.791B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $210.44M ▲ $242.935M ▲ $-1.778B ▼ $1.555B ▲ $20.38M ▲ $198.261M ▲
Q1-2025 $177.502M ▼ $172.058M ▼ $-886.914M ▲ $676.072M ▼ $-38.784M ▼ $120.532M ▼
Q4-2024 $177.817M ▲ $199.483M ▼ $-1.423B ▼ $1.217B ▲ $-6.26M ▼ $139.156M ▼
Q3-2024 $155.323M ▼ $233.235M ▲ $1.878B ▲ $-2.043B ▼ $68.407M ▲ $175.562M ▲
Q2-2024 $177.789M $80.441M $-1.73B $1.689B $38.98M $38.918M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Other Services
Other Services
 $100.00M ▲$200.00M ▲$0 ▼$100.00M ▲
Service Charges On Deposit Accounts
Service Charges On Deposit Accounts
 $40.00M ▲$80.00M ▲$0 ▼$40.00M ▲
Banco Popular De Puerto Rico
Banco Popular De Puerto Rico
 $0 ▲$0 ▲$520.00M ▲$0 ▼
Popular Bank
Popular Bank
 $0 ▲$0 ▲$90.00M ▲$0 ▼

Five-Year Company Overview

Income Statement

Income Statement Popular’s income statement shows a business that has grown steadily and become more profitable over the last five years, though with a clear earnings “spike” that has since normalized. Revenue has climbed each year, suggesting solid underlying demand and a larger earning base. Profits were exceptionally strong a couple of years ago, helped by favorable conditions, but have settled back to more typical levels while still remaining comfortably above pre‑pandemic results. Overall, the bank looks profitable, with healthy core earnings and decent efficiency, but not immune to the usual banking swings in credit costs and interest margins.

Balance Sheet

Balance Sheet The balance sheet looks relatively solid and conservative for a regional bank. Total assets have inched up over time, while cash levels, though lower than the unusual highs seen earlier in the decade, remain meaningful. Borrowed debt is modest compared with the size of the institution, and the bank has been rebuilding its capital base, with shareholders’ equity rising again after an earlier dip. This points to a franchise that has room to absorb shocks, though its exposure is still closely tied to the health of Puerto Rico and its other core markets.

Cash Flow

Cash Flow Cash generation appears consistent and dependable. Operating cash flow has been stable year after year, and the bank regularly produces free cash flow after covering its investment needs. Capital spending has been relatively small and predictable, which supports ongoing technology and infrastructure upgrades without straining finances. In simple terms, Popular tends to turn its accounting profits into real cash, which is a positive sign for the quality of its earnings.

Competitive Edge

Competitive Edge Popular has a very strong home‑field advantage in Puerto Rico. It is the dominant bank on the island, with deep brand recognition, a large branch and ATM network, and long-standing relationships across consumers, businesses, and government. This entrenched position creates a meaningful barrier for new entrants. Its understanding of local conditions and tailored products further reinforce loyalty. Operations in the mainland United States add some diversification, though the core of its strength—and also a key concentration risk—remains its leading role in the Puerto Rican market.

Innovation and R&D

Innovation and R&D While banks don’t disclose “R&D” like technology companies, Popular is clearly investing in modernization. It has built out robust digital and mobile banking, expanded ATM capabilities, and launched unique services suited to local needs, including accessibility features and automated savings tools. The bank is partnering with fintechs for small business lending, experimenting with artificial intelligence for fraud detection and customer service, and seeding an impact-focused investment fund aimed at emerging financial technologies. These initiatives suggest a deliberate move toward a more digital, data‑driven model while staying grounded in community banking.

Summary

Overall, Popular, Inc. combines a strong, long-standing franchise in Puerto Rico with steady financial performance and a clear push into digital banking. Earnings have grown over time, even after coming down from unusually high levels, and the balance sheet appears prudently managed with moderate leverage and rebuilding capital. Cash flow is reliable, supporting ongoing investments in technology and service enhancements. The main opportunity lies in leveraging its dominant local position and digital capabilities for further growth, while the main risks stem from geographic concentration and the usual sensitivities of a regional bank to local economic conditions and interest-rate cycles.

NEWS

November 14, 2025 · 9:58 AM UTC

Popular, Inc. Declares a Cash Dividend of $0.75 per Common Share

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November 6, 2025 · 1:27 PM UTC

Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities

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November 6, 2025 · 8:15 AM UTC

Cessna Citation Ascend Achieves FAA Certification, Bringing Advanced Features to the Most Popular Midsize Business Jet Family

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October 23, 2025 · 7:00 AM UTC

Popular, Inc. Announces Third Quarter 2025 Financial Results

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October 20, 2025 · 8:01 AM UTC

Back by Popular Demand: Sharpie® Relaunches Extra Fine Permanent Marker After Nearly a Decade

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