Popular
Provides retail, commercial, mortgage, leasing, and specialized financial services across Puerto Rico and selected U.S. markets.
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Profile
The group combines Banco Popular de Puerto Rico, its principal subsidiary, with Popular U.S., a mainland bank. It earns from retail, mortgage, and commercial banking, alongside leasing, financing, broker-dealer, and insurance services.
Built around Banco Popular de Puerto Rico, the group provides retail, mortgage, and commercial banking across Puerto Rico and the U.S. and British Virgin Islands. Specialized Puerto Rico subsidiaries add auto and equipment leasing and financing, broker-dealer, and insurance services.
Popular U.S. adds retail and commercial banking through its New York-chartered Popular Bank subsidiary, with branches in New York, New Jersey, and Florida. The organization is executing a technology and business-process transformation while continuing to invest in digital channels and its physical retail network.
Operations span Puerto Rico, the U.S. Virgin Islands, the British Virgin Islands, and selected mainland markets. Documented hurricanes disrupted physical service points, merchant activity, fee income, and borrower payment capacity.
Company facts
Categories
Key statistics
Year to date +34.7% · Average volume (30d) 417.4K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 10, 2026 | Wells Fargo | Reiterate | Overweight | $105 | $200 | |
| Jul 28, 2026 | Neuberger Berman | Target | $181 | |||
| Jul 24, 2026 | RBC Capital | Reiterate | Outperform | $96 | $181 | |
| Jul 24, 2026 | Barclays | Reiterate | Overweight | $104 | $190 | |
| Jul 15, 2026 | Benchmark Co. | Target | $201 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 23, 2026Q2 FY26 | $3.72 | $4.35 | +16.9% | $878.4M | $874.0M | −0.5% | +0.50% |
| Apr 23, 2026Q1 FY26 | $3.30 | $3.78 | +14.5% | $849.7M | $835.8M | −1.6% | −1.49% |
| Jan 27, 2026Q4 FY25 | $3.02 | $3.38 | +11.9% | $839.2M | $900.0M | +7.2% | +0.72% |
| Oct 23, 2025Q3 FY25 | $2.95 | $3.14 | +6.4% | $821.0M | $779.3M | −5.1% | −0.18% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $1.07B | $1.10B | $1.12B | $1.11B | $1.17B | |
| Gross profit | $655.8M | $713.2M | $704.2M | $754.4M | $835.8M | $811.3M | |
| Operating income | $222.6M | $258.3M | $247.3M | $278.6M | $292.6M | $324.0M | |
| Net income | $177.5M | $210.4M | $211.3M | $233.9M | $245.7M | $278.2M | |
| Diluted EPS | $2.56 | $3.09 | $3.14 | $3.53 | $3.78 | $4.35 | |
| Gross margin | 63.6% | 66.4% | 64.0% | 67.1% | 75.1% | 69.6% | |
| Operating margin | 21.6% | 24.0% | 22.5% | 24.8% | 26.3% | 27.8% |
Fiscal years (4-quarter sums)FY21 $2.72B · FY22 $3.18B · FY23 $3.76B · FY24 $4.19B · FY25 $4.33B
Revenue by product · Q1 FY26
Revenue by geography · Q1 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $25.08B · Total debt $1.60B · Total assets $78.97B · Shareholders' equity $6.43B
Dividends
Raised for 10 straight years — most recently to $0.75 from $0.70 in Sep 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| May 29, 2026 | May 29 | Jul 1 | $0.75 | |
| Mar 18, 2026 | Mar 18 | Apr 1 | $0.75 | |
| Dec 5, 2025 | Dec 5 | Jan 2 | $0.75 | |
| Sep 12, 2025 | Sep 12 | Oct 1 | $0.75 | raised from $0.70 |
| May 29, 2025 | May 29 | Jul 1 | $0.70 | |
| Mar 18, 2025 | Mar 18 | Apr 1 | $0.70 | |
| Dec 6, 2024 | Dec 6 | Jan 2 | $0.70 | raised from $0.62 |
| Sep 13, 2024 | Sep 13 | Oct 1 | $0.62 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 63.87M · Float 62.41M · 97.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Price T Rowe Associates Inc /MD/ | 4.71M | 7.38% | 13F | Aug 14, 2026 |
| Vanguard Portfolio Management LLC | 4.49M | 7.03% | 13F | Aug 13, 2026 |
| T. Rowe Price Associates, Inc. | 4.36M | 6.50% | 13G | Feb 17, 2026 |
| BlackRock, Inc. | 3.99M | 6.25% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 3.13M | 4.89% | 13F | Aug 11, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 24, 2026 | Adorno Denissa Rodriguez | officer: Senior VP & Comptroller | −600 | $168.79 |
| Aug 10, 2026 | Lidio Soriano | officer: Executive Vice President | −3,000 | $174.51 |
| Aug 10, 2026 | Javier D. Ferrer | officer: PRESIDENT & CEO | −35,000 | $175.43 |
| Aug 4, 2026 | Luis E. Cestero | officer: Executive Vice President | −8,500 | $176.36 |
| Jul 30, 2026 | Maria Luisa Ferre | director | −6,461 | $174.64 |
Peers
- First BanCorp
Puerto Rico rival across retail, mortgage, consumer and commercial banking
- OFG Bancorp
Puerto Rico rival in retail, lending, commercial cash management and payments
- Valley National Bancorp
Regional rival across retail, business, commercial and treasury banking
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Popular | $169.75 | +0.04% | $10.84B | 11.5 | 10.4 | 2.4 | +14.7% |
| First BanCorp | $28.01 | −0.04% | $4.28B | 11.8 | 11.5 | 3.4 | +755.8% |
| OFG Bancorp | $52.43 | −0.02% | $2.22B | 10.5 | 10.6 | 2.5 | +13.3% |
| Valley National Bancorp | $13.92 | 0.00% | $7.71B | 11.6 | 9.8 | 2.6 | +13.3% |
| Median | 11.6 | 10.6 | 2.6 | +13.3% |