Popular (BPOP) financial statements
Popular reported revenue of $3.2B in fiscal 2025, up 7.1% a year over 9 years.
Net income was $833M.
Free cash flow was $681M, and the company returned $198M in dividends.
The diluted share count fell 35% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Popular's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $2.4B | $2.5B | $2.4B | $2.6B | $3.1B | $2.8B | $2.9B | $3.2B |
| Interest expense | $213M | $224M | $287M | $369M | $235M | $165M | $299M | $1.1B | $1.4B | $1.2B |
| Pre-tax income | $294M | $339M | $738M | $818M | $619M | $1.2B | $1.2B | $676M | $797M | $1.0B |
| Income tax | $79M | $231M | $120M | $147M | $112M | $309M | $132M | $134M | $182M | $174M |
| Net income | $217M | $108M | $618M | $671M | $507M | $935M | $1.1B | $541M | $614M | $833M |
| EPS (diluted) | $2.06 | $1.02 | $6.06 | $6.88 | $5.87 | $11.46 | $14.63 | $7.52 | $8.56 | $12.30 |
| Diluted shares | 103M | 102M | 101M | 97M | 86M | 81M | 75M | 72M | 72M | 68M |
| Net margin | 12.6% | 5.6% | 25.9% | 27.3% | 21.4% | 36.0% | 36.0% | 19.5% | 20.9% | 26.0% |
Balance sheet
Fiscal years, from Popular's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $374M | $413M | $403M | $394M | $497M | $435M | $476M | $428M | $429M | $413M |
| Property, plant and equipment | $544M | $547M | $570M | $557M | $510M | $494M | $499M | $565M | $602M | $686M |
| Goodwill | $627M | $627M | $671M | $671M | $671M | $720M | $827M | $804M | $803M | $790M |
| Total assets | $38.7B | $44.3B | $47.6B | $52.1B | $65.9B | $75.1B | $67.6B | $70.8B | $73.0B | $75.3B |
| Total liabilities | $33.5B | $39.2B | $42.2B | $46.1B | $59.9B | $69.1B | $63.5B | $65.6B | $67.4B | $69.1B |
| Shareholders' equity | $5.2B | $5.1B | $5.4B | $6.0B | $6.0B | $6.0B | $4.1B | $5.1B | $5.6B | $6.2B |
| Net debt | -$374M | -$413M | -$403M | -$394M | -$497M | -$435M | -$476M | -$428M | -$429M | -$413M |
Cash flow
Fiscal years, from Popular's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $597M | $636M | $848M | $705M | $679M | $1.0B | $1.0B | $687M | $675M | $878M |
| Capital spending | $100M | $63M | $81M | $76M | $60M | $73M | $104M | $208M | $213M | $197M |
| Free cash flow | $496M | $574M | $767M | $630M | $619M | $932M | $911M | $479M | $461M | $681M |
| Dividends paid | $66M | $96M | $105M | $116M | $134M | $141M | $162M | $160M | $180M | $198M |
| Share buybacks (net) | — | — | — | — | — | — | — | — | -$217M | — |
| Net borrowing | $0 | $95M | -$96M | -$41,000 | — | — | — | — | — | — |
| Free cash flow margin | 28.9% | 29.9% | 32.1% | 25.6% | 26.1% | 35.9% | 29.7% | 17.2% | 15.7% | 21.3% |
| Dividends per share | $0.64 | $0.94 | $1.04 | $1.19 | $1.55 | $1.74 | $2.15 | $2.23 | $2.52 | $2.92 |
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Open BPOP in InvestinglyQuestions
What was Popular's revenue in 2025?
$3.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does Popular generate?
$681M in fiscal 2025 (operating cash flow minus capital spending).
From Popular's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.