POPULAR, INC.BPOPEarnings & Financial Report
Popular, Inc., doing business as Banco Popular de Puerto Rico (BPPR) or simply as Banco Popular in Puerto Rico and the U.S. and British Virgin Islands, and as Popular Bank in the United States, is a full-service financial services conglomerate headquartered at Popular Center in the Milla de Oro financial district in the Hato Rey business center of San Juan, the capital municipality of the archipelago and island of Puerto Rico. Founded in 1893, it is the largest banking institution in Puerto R...
Revenue
$631.5M
Gross Profit
N/A
Operating Profit
$258.3M
Net Profit
$210.4M
Gross Margin
N/A
Operating Margin
40.9%
Net Margin
33.3%
YoY Growth
11.1%
EPS
$3.09
POPULAR, INC. Q2 FY2025 Financial Summary
POPULAR, INC. reported revenue of $631.5M (up 11.1% YoY) for Q2 FY2025, with a net profit of $210.4M (up 18.4% YoY) (33.3% margin).
Key Financial Metrics
| Total Revenue | $631.5M |
|---|---|
| Net Profit | $210.4M |
| Gross Margin | N/A |
| Operating Margin | 40.9% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
POPULAR, INC. Q2 FY2025 revenue of $631.5M breaks down across 9 segments, led by Other at $223.8M (35.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $223.8M | 35.4% |
| Banco Popular De Puerto Rico | $116.7M | 18.5% |
| Popular Bank | $102.2M | 16.2% |
| Other Services | $100.5M | 15.9% |
| Service Charges On Deposit Accounts | $38.8M | 6.1% |
| Credit Card Fees Excluding Late Fees And Membership Fees | $28.1M | 4.5% |
| Sales And Administration Of Investment Products | $9.1M | 1.4% |
| Trustfees | $6.9M | 1.1% |
| Bpna | $5.4M | 0.9% |
POPULAR, INC. Revenue by Segment — Quarterly Trend
POPULAR, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Banco Popular De Puerto Rico) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Other | — | $289.3M | $233.0M | $223.8M |
| Banco Popular De Puerto Rico | — | $123.0M | $118.3M | $116.7M |
| Popular Bank | — | $111.6M | $105.2M | $102.2M |
| Other Services | — | — | $101.4M | $100.5M |
| Service Charges On Deposit Accounts | — | $41.5M | $39.1M | $38.8M |
POPULAR, INC. Annual Revenue by Year
POPULAR, INC. annual revenue history includes year-by-year totals (for example, 2023 revenue was $2.1B).
| Year | Annual Revenue |
|---|---|
| 2023 | $2.1B |
| 2022 | $2.2B |
POPULAR, INC. Quarterly Revenue & Net Profit History
POPULAR, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $835.8M | — | $245.7M | 29.4% |
| Q4 FY2025 | $657.6M | +11.3% | $233.9M | 35.6% |
| Q3 FY2025 | $646.5M | +12.9% | $211.3M | 32.7% |
| Q2 FY2025 | $631.5M | +11.1% | $210.4M | 33.3% |
| Q4 FY2024 | $590.8M | +10.6% | $177.8M | 30.1% |
| Q3 FY2024 | $572.5M | +7.2% | $155.3M | 27.1% |
| Q2 FY2024 | $568.3M | +6.9% | $177.8M | 31.3% |
| Q4 FY2023 | $534.2M | -4.5% | $94.6M | 17.7% |
Income Statement
| Q4 2023 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $534.2M | $568.3M | $572.5M | $590.8M | $631.5M | $646.5M | $657.6M | $835.8M |
| YoY Growth | -4.5% | 6.9% | 7.2% | 10.6% | 11.1% | 12.9% | 11.3% | N/A |
Balance Sheet
| Q4 2023 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $70.76B | $72.85B | $71.32B | $73.05B | $76.07B | $75.07B | $75.35B | $76.13B |
| Liabilities | $65.61B | $67.47B | $65.53B | $67.43B | $70.11B | $68.95B | $69.10B | $69.82B |
| Equity | $5.15B | $5.37B | $5.79B | $5.61B | $5.95B | $6.12B | $6.25B | $6.31B |
Cash Flow
| Q4 2023 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $213.6M | $80.4M | $233.2M | $199.5M | $242.9M | $195.0M | $268.5M |