Popular Inc
popular.comPopular Inc (NASDAQ: BPOP) is a financial holding company that provides retail, mortgage, and commercial banking services, along with auto and equipment leasing, financing, broker-dealer, and insurance services. It earns revenue primarily through net interest income on loans and investment securities, fees from banking services, and income from leasing and financing activities. In Puerto Rico, its primary market, BPOP operates through its principal banking subsidiary Banco Popular de Puerto Rico (BPPR) and competes against locally based commercial banks, credit unions, and select large U.S. and foreign banks with Puerto Rico operations. The corporation also operates on the U.S. mainland through its Popular Bank (PB) subsidiary and has a presence in the U.S. and British Virgin Islands. As of December 31, 2025, Popular employed 9,427 individuals. Debt securities classified as available-for-sale and held-to-maturity totaled $20.6 billion and $7.3 billion, respectively, as of December 31, 2025. Net charge-offs for FY2025 totaled $198.7 million, down $43.1 million from FY2024.
Products & Services
Retail banking, mortgage banking, commercial banking, auto leasing and financing, equipment leasing and financing, broker-dealer services, insurance services. Operated through Banco Popular de Puerto Rico (BPPR) and Popular Bank (PB) subsidiaries.
Revenue Model
Net interest income from loans and investment securities, fees from retail and commercial banking services, auto and equipment leasing and financing income, and broker-dealer and insurance service fees.
Customers & Markets
Retail consumers, mortgage borrowers, commercial borrowers, and institutional clients in Puerto Rico and the U.S. mainland. Loan categories include commercial, construction, mortgage, leasing, and consumer segments.
Geographic Exposure
Puerto Rico (primary market), U.S. mainland, U.S. Virgin Islands, British Virgin Islands.
Peers: FIRST BANCORP /PR/ OFG BANCORP
Source: SEC 10-K, filed 2026-03-02
Financial Snapshot
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