Popular, Inc. (BPOP) Financial Statements

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Popular financial statements at a glance

Popular reported revenue of $3.05 billion for fiscal year 2025 (ended December 31, 2025), up 8.9% from fiscal year 2024. Net income was $831.75 million, a net margin of 27.3%.

At the end of fiscal year 2025 it had total assets of $75.35 billion, total liabilities of $69.10 billion and shareholders' equity of $6.25 billion, with cash of $5.03 billion and total debt of $1.54 billion.

Its operations brought in $878.45 million of cash; capital spending was $197.46 million, leaving free cash flow of $680.99 million.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

BPOP logo

Popular, Inc.

BPOPUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
3.05B
Prev Year: 2.80B
YoY: +8.9%
Net Interest Income
2.54B
Prev Year: 2.28B
YoY: +11.3%
Interest Income
3.78B
Prev Year: 3.67B
YoY: +3.0%
Interest Expense
1.24B
Prev Year: 1.39B
YoY: -10.7%
Occupancy And Equipment
132.32M
Prev Year: 144.85M
YoY: -8.7%
Professional and Contract Services Expense
110.10M
Prev Year: 125.82M
YoY: -12.5%
Other Noninterest Expense
485.84M
Prev Year: 494.34M
YoY: -1.7%
Special Income Charges
-13.00M
Prev Year: 0
Provision for Credit Losses
-
Prev Year: -256.94M
Impairment of Capital Assets
13.00M
Prev Year: 0
Pre-tax Income
1.01B
Prev Year: 796.62M
YoY: +26.4%
Non Interest Expense
-
Prev Year: 1.74B
Provision for Income Taxes
173.63M
Prev Year: 182.41M
YoY: -4.8%
Net Income Common Stockholders
831.75M
Prev Year: 612.80M
YoY: +35.7%
Net Income
833.16M
Prev Year: 614.21M
YoY: +35.6%
Net Income Including Non-Controlling Interests
833.16M
Prev Year: 614.21M
YoY: +35.6%
Net Income from Continuing Operations
833.16M
Prev Year: 614.21M
YoY: +35.6%
Diluted NI Available to Com Stockholders
831.75M
Prev Year: 612.80M
YoY: +35.7%
Net Income from Continuing and Discontinued Operation
833.16M
Prev Year: 614.21M
YoY: +35.6%
Normalized Income
843.91M
Prev Year: 614.21M
YoY: +37.4%
Reconciled Depreciation
54.98M
Prev Year: 60.02M
YoY: -8.4%
Interest Income After Provision for Loan Loss
-
Prev Year: 2.03B
Net Income from Continuing Operation Net Minority Interest
833.16M
Prev Year: 614.21M
YoY: +35.6%
Total Unusual Items Excluding Goodwill
-13.00M
Prev Year: 0
Total Unusual Items
-13.00M
Prev Year: 0
Tax Rate for Calcs
0.173
Prev Year: 0
Tax Effect of Unusual Items
-2.25M
Prev Year: 0
Preferred Stock Dividends
1.41M
Prev Year: 1.41M
YoY: 0.0%
Gain on Sale of Securities
1.60M
Prev Year: -1.58M
YoY: +200.8%
Depreciation Amortization Depletion
1.75M
Prev Year: 2.94M
YoY: -40.4%
Depreciation and amortization
1.75M
Prev Year: 2.94M
YoY: -40.4%
Amortization
1.75M
Prev Year: 2.94M
YoY: -40.4%
Amortization of Intangibles
1.75M
Prev Year: 2.94M
YoY: -40.4%
Selling General and Administrative
1.04B
Prev Year: 977.01M
YoY: +6.1%
Selling and Marketing Expense
107.28M
Prev Year: 101.93M
YoY: +5.3%
General and Administrative Expense
929.58M
Prev Year: 875.08M
YoY: +6.2%
Insurance and Claims
24.37M
Prev Year: 54.63M
YoY: -55.4%
Salaries and Wages
905.21M
Prev Year: 820.45M
YoY: +10.3%
Operating Revenue
3.05B
Values in USD

Popular key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$3.0B$2.8B$2.6B$2.9B$2.5B
Net income$831.7M$612.8M$539.9M$1.1B$933.5M
Total assets$75.3B$73.0B$70.8B$67.6B$75.1B
Total liabilities$69.1B$67.4B$65.6B$63.5B$69.1B
Shareholders' equity$6.2B$5.6B$5.1B$4.1B$6.0B
Cash$5.0B$6.8B$7.4B$6.1B$18.0B
Total debt$1.5B$1.2B$1.1B$1.4B$1.2B
Operating cash flow$878.4M$674.7M$686.6M$1.0B$1.0B
Capital spending$197.5M$213.4M$208.0M$103.8M$73.7M
Free cash flow$681.0M$461.3M$478.6M$910.7M$931.5M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2015.

Questions and answers

What was Popular's revenue in fiscal year 2025?

$3.05 billion, up 8.9% from $2.80 billion in fiscal year 2024.

How much profit does Popular make?

Popular reported net income of $831.75 million for fiscal year 2025 (27.3% of revenue).

How much cash and debt does Popular have?

At the end of fiscal year 2025: cash of $5.03 billion and total debt of $1.54 billion.

What is Popular's free cash flow?

$680.99 million in fiscal year 2025 (operating cash flow of $878.45 million minus capital spending of $197.46 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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