Popular Inc

State Commercial Banks

BPOPStrained9 of 11 basics passed

$156.29

+0.32%

Market cap $9.97B

$156.29

+0.32%

Market cap $9.97B

Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, a bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a…

It is a $9.97B financial services company. Revenue grew 2.6% over the last year, and it keeps 189¢ of every dollar of sales as profit. It trades at 10.3× earnings — around the middle of its own history.

Website: popular.com
Location: Hato Rey, PR
Employees: 9 427
Sector: Financial Services

Share price · 3 years

$64.48 → $156.29+142.4%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $513M
Profit: keeps 189¢ of every $1 sold; $969M
Free cash flow: cash left after running the business; $807M
Net debt: debt minus cash on hand; $1.19B
P/E: years of profit in the price; 10.3
EPS: earnings per share, TTM; $14.31
Dividend: pays out 20% of profit · 25% of FCF; 1.99%
Shares: down 22% since 2020 — buybacks; 67.7M
Volatility: beta vs the market — under 1 swings less; 0.65

Revenue, last 10 years

52-week range

Low $109.24$156.29High $177.87

Today's price is 69% of the way from the year's low to its high.

P/E vs its history5y

10.3×median 8.8×

Higher than 59% of past days — around the middle of its own history.

Valuation vs own history

P/E

10.3×

42%

P/S

5.6×

63%

P/B

1.5×

FCF yield

8.1%

50%

Share of the last ~5 years that was pricier than today (in line with its own history). Based on the daily valuation record.

Insider activity · 90 days

-$8.26Mnet selling

Purchases$0

Sales$8.26M

Insiders trading, last 14d0 buy · 0 sell

Standing in Financial Services

Size$9.97Btop 87%
Revenue growth+3%top 79%
Net margin25%top 30%
Return on equity15%top 42%
P/E10.3×top 18%
Dividend yield1.99%top 53%

Ranked against 129 Financial Services companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong profitability; Growth, Health and Moat lag behind.

Valuation72

P/E vs own history59th pct · 12/25
FCF yield8.1% · 25/25
P/S1.9x · 25/25
EV/EBITDAn/a · 10/25

Growth32

Revenue CAGR-37.8% · 0/25
Net income CAGR-2.8% · 0/25
EPS CAGR ~5Y15.9% · 20/25
Fwd implied growth9.6% · 12/25

Profitability90

ROIC24.4% · 20/25
ROE15.4% · 20/25
Net margin188.8% · 25/25
Operating margin28.2% · 25/25

Health45

Altman Zn/a · 0/25
Current ration/a · 0/25
Interest coverageno interest expense · 25/25
Net cash / debtD/A 2% · 20/25

Quality57

Piotroski F6/9 · 15/25
Beneish M-2.45 · 20/25
FCF conversion83% · 22/25
Margin stabilityn/a · 0/25

Moat43

ROIC >12% yearsn/a · 0/25
Median gross marginn/a · 0/25
FCF-positive years10/10 yrs · 25/25
Worst-year net marginworst 5.0% · 18/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2022Financial
Best year on record
$1.10B net income
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data
FY2016Financial
Revenue already above $1B
$1.93B in first reported year
FY2016Financial
Positive free cash flow every year since
10-year streak
2006Milestone
Popular Holdings was the main organiser of BookFest@Singapore, the first Chinese-language book fair…
1924Milestone
The first Popular Bookstore was set up in 1924 by Chou Sing Chu (

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$21 471 today — price return only

$413.5M revenue in FY2025

Profitable 10 years in a row

Positive free cash flow 10 years in a row

9 427 employees

ROIC of 24.4%

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Strongly profitable — 188.8% net margin
Strong cash conversion — FCF is 157.3% of revenue
High returns on invested capital (ROIC 24.4%)

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed

Revenue growing — the company sells more than a year ago+2.6% YoY
Profitable — makes more than it spends$969M TTM
Profit growing — earnings are higher than last year-5.6% YoY
Generates cash — cash left after running and investing$807M TTM
Debt under control — could handle its obligations~1.5y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$9.97B market cap
Not printing shares — share count not ballooning — you keep your slice-21.5% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distresshealth score 25/100
Pays a dividend — returns cash to shareholdersyield 1.99%
Valuation not extreme — price not wildly above earningsP/E 10.3

Peer comparisonPopular Inc vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
BPOP this company	$10.0B	10.3	+2.6%	188.8%	Strained
BRK.A Berkshire Hathaway Inc.	$1.1T	11.6	+3.9%	22.3%	Mixed
BRK.B Berkshire Hathaway	$1.1T	11.6	+0.0%	18.0%	Strong
JPM JPMorgan Chase & Co.	$886.2B	13.6	+13.5%	32.6%	Strained
V VISA Inc.	$723.9B	31.9	+14.4%	50.8%	Solid
MA Mastercard Incorporated	$516.4B	31.7	+16.0%	46.3%	Mixed
BAC Bank of America Corporation	$380.4B	11.3	+15.9%	27.8%	Mixed

Head-to-head: BPOP vs BRK.A · BPOP vs BRK.B · BPOP vs JPM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 4Buy 11Hold 1

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $513M · net income $969M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

RevenueNet income

Revenue (TTM)

$513M

YoY 2.6%

Net income (TTM)

$969M

Margin 188.8%

Operating margin

28.2%

P/E ratio

10.3

Dividend yield

1.99%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	2.6	2.8	0.3	0.4	0.4	0.4
Gross profit	—	—	—	—	—	—
Operating income (EBIT)	—	—	—	—	—	—
Net income	0.5	0.9	1.1	0.5	0.6	0.8
EPS (diluted)	5.87	11.46	14.63	7.52	8.56	12.30

Cash flowFree cash flow $807M · operating cash flow $1.00B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$807M

Margin 157.3%

Operating cash flow (TTM)

$1.00B

FCF margin

157.3%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	0.7	1.0	1.0	0.7	0.7	0.9
Capital expenditure	-0.1	-0.1	-0.1	-0.2	-0.2	-0.2
Free cash flow	0.6	0.9	0.9	0.5	0.5	0.7
FCF margin	23.8%	33.7%	263.9%	124.4%	115.5%	164.7%

Balance sheetAssets $75.3B · net debt $1.19B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $75.3B of assets is financed

92%

Liabilities $69.1B — borrowed moneyEquity $6.25B — owners' stake

Cash vs debt

Total debt $1.59B − cash $397M = net debt $1.19B

Cash on hand covers 25% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

ROE

15.4%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	—	0.4	0.4	0.4	0.4	0.4
Total assets	65.9	75.1	67.6	70.8	73.0	75.3
Total liabilities	59.9	69.1	63.5	65.6	67.4	69.1
Total debt	—	1.3	1.6	1.2	1.3	1.6
Equity	6.0	6.0	4.1	5.1	5.6	6.2
Net debt	—	0.9	1.2	0.9	0.9	1.2

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of BPOP on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $156.29 · market cap $9.97B.