Popular (BPOP) Revenue & Revenue Breakdown

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Popular Revenue Highlights

Latest Revenue (Y)

$3.91B

Latest Revenue (Q)

$1.10B

Main Segment (Y)

Other Services

Main Geography (Y)

Popular Revenue by Period

Popular Revenue by Year

Date	Revenue	Change
2023-12-31	$3.91B	33.16%
2022-12-31	$2.94B	14.98%
2021-12-31	$2.55B	9.93%
2020-12-31	$2.32B	-4.11%
2019-12-31	$2.42B	2.72%
2018-12-31	$2.36B	24.51%
2017-12-31	$1.89B	11.52%
2016-12-31	$1.70B	-10.83%
2015-12-31	$1.91B	44.75%
2014-12-31	$1.32B	-40.76%
2013-12-31	$2.22B	22.16%
2012-12-31	$1.82B	-8.30%
2011-12-31	$1.98B	-21.91%
2010-12-31	$2.54B	27.17%
2009-12-31	$2.00B	-5.28%
2008-12-31	$2.11B	-1.61%
2007-12-31	$2.14B	-4.19%
2006-12-31	$2.24B	1.26%
2005-12-31	$2.21B	11.35%
2004-12-31	$1.98B	3.85%
2003-12-31	$1.91B	12.13%
2002-12-31	$1.70B	10.47%
2001-12-31	$1.54B	6.54%
2000-12-31	$1.45B	9.16%
1999-12-31	$1.33B	13.93%
1998-12-31	$1.16B	12.85%
1997-12-31	$1.03B	16.33%
1996-12-31	$886.80M	17.07%
1995-12-31	$757.50M	11.94%
1994-12-31	$676.70M	9.62%
1993-12-31	$617.30M	-

Popular generated $3.91B in revenue during NA 2023, up 33.16% compared to the previous quarter, and up 165.78% compared to the same period a year ago.

Popular Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.10B	0.93%
2024-06-30	$1.09B	2.89%
2024-03-31	$1.06B	2.10%
2023-12-31	$1.04B	58.83%
2023-09-30	$655.67M	0.05%
2023-06-30	$655.34M	-0.66%
2023-03-31	$659.71M	1084.14%
2022-12-31	$55.71M	-94.38%
2022-09-30	$991.35M	45.81%
2022-06-30	$679.90M	6.82%
2022-03-31	$636.50M	-3.15%
2021-12-31	$657.20M	1.78%
2021-09-30	$645.69M	2.26%
2021-06-30	$631.42M	1.79%
2021-03-31	$620.31M	2.83%
2020-12-31	$603.25M	4.36%
2020-09-30	$578.04M	4.52%
2020-06-30	$553.06M	-6.17%
2020-03-31	$589.46M	-3.27%
2019-12-31	$609.35M	-0.15%
2019-09-30	$610.25M	0.91%
2019-06-30	$604.74M	0.93%
2019-03-31	$599.17M	-4.07%
2018-12-31	$624.60M	5.23%
2018-09-30	$593.54M	-7.16%
2018-06-30	$639.31M	27.37%
2018-03-31	$501.94M	7.60%
2017-12-31	$466.49M	-0.99%
2017-09-30	$471.17M	-2.82%
2017-06-30	$484.83M	2.62%
2017-03-31	$472.44M	34.82%
2016-12-31	$350.41M	-17.75%
2016-09-30	$426.02M	-8.27%
2016-06-30	$464.44M	1.33%
2016-03-31	$458.32M	-4.34%
2015-12-31	$479.12M	0.78%
2015-09-30	$475.39M	-4.45%
2015-06-30	$497.55M	9.69%
2015-03-31	$453.61M	6.70%
2014-12-31	$425.13M	-4.48%
2014-09-30	$445.09M	-20041.40%
2014-06-30	$-2.23M	-100.47%
2014-03-31	$474.09M	-15.66%
2013-12-31	$562.12M	-12.32%
2013-09-30	$641.09M	-0.41%
2013-06-30	$643.73M	79.84%
2013-03-31	$357.95M	-22.80%
2012-12-31	$463.68M	0.99%
2012-09-30	$459.13M	5.57%
2012-06-30	$434.92M	-5.76%
2012-03-31	$461.49M	-6.61%
2011-12-31	$494.14M	0.50%
2011-09-30	$491.70M	-1.29%
2011-06-30	$498.12M	-0.37%
2011-03-31	$499.98M	-393.55%
2010-12-31	$-170.32M	-114.52%
2010-09-30	$1.17B	149.30%
2010-06-30	$470.44M	10.23%
2010-03-31	$426.78M	-4.14%
2009-12-31	$445.20M	2.01%
2009-09-30	$436.43M	-12.02%
2009-06-30	$496.05M	-18.31%
2009-03-31	$607.22M	41.09%
2008-12-31	$430.36M	-15.98%
2008-09-30	$512.21M	-3.62%
2008-06-30	$531.46M	-20.10%
2008-03-31	$665.16M	53.04%
2007-12-31	$434.63M	-

Popular generated $1.10B in revenue during Q3 2024, up 0.93% compared to the previous quarter, and up 168.49% compared to the same period a year ago.

Popular Revenue Breakdown

Popular Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Other Services	$374.44M	$334.01M	$311.25M	$257.89M	$285.21M
Service Charges On Deposit Accounts	$147.48M	$160.93M	-	-	-

Popular's latest annual revenue breakdown by segment (product or service), as of Dec 23: Other Services (71.74%), and Service Charges On Deposit Accounts (28.26%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Other Services	$98.75M	$94.27M	$96.69M	$93.41M	$94.27M	$90.08M	$89.02M	$86.40M	$81.45M	$77.13M	$83.79M	$80.44M	$76.38M	$70.63M	$71.16M	$69.88M	$52.08M	$64.77M	$75.56M	$71.31M
Service Charges On Deposit Accounts	$38.31M	$37.44M	$110.16M	$37.32M	$36.85M	$30.16M	$41.66M	$41.66M	$40.97M	-	-	-	-	-	-	-	-	-	-	-

Popular's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Other Services (72.05%), and Service Charges On Deposit Accounts (27.95%).

Popular Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
PR	$2.18B	$2.51B	$2.14B	-	-
Other Countries	$87.50M	-	-	-	-
PUERTO RICO	-	-	-	$1.92B	$2.02B

Popular's latest annual revenue breakdown by geography, as of Dec 23: PR (96.13%), and Other Countries (3.87%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Other Countries	$20.54M	$22.08M	$65.62M	$21.89M	$17.93M	$16.22M	$18.10M	$19.59M	-	-	-	-	-	-	-	-	-	-	-	-
PR	$582.95M	$565.74M	$551.98M	$539.99M	$536.08M	$547.90M	$565.53M	$852.15M	$560.63M	$527.67M	$546.45M	$542.18M	$529.14M	$518.71M	-	-	-	-	-	-
US	-	-	-	-	-	-	-	-	-	-	$101.58M	-	-	-	-	-	-	-	-	-
UNITED STATES	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$97.28M	$93.04M	$94.51M	-	-	-
PUERTO RICO	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$502.96M	$476.86M	$451.74M	$489.64M	$508.70M	$505.61M

Popular's latest quarterly revenue breakdown by geography, as of Sep 24: PR (96.60%), and Other Countries (3.40%).

Popular Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BPOP	Popular	$3.91B	$1.10B
UMBF	UMB Financial	$2.38B	$557.69M
CBSH	Commerce Bancshares	$1.97B	$534.97M
FBP	First Ban	$1.16B	$32.50M
OFG	OFG Bancorp	$777.26M	$215.90M
NBTB	NBT Bancorp	$665.04M	$202.00M
FCF	First Commonwealth Financial	$626.39M	$179.04M
BHLB	Berkshire Hills Bancorp	$619.08M	$178.78M
BRKL	Brookline Bancorp	$609.22M	$159.56M
BANF	BancFirst	$593.93M	$160.92M
NBHC	National Bank	$559.33M	$106.33M
FBNC	First Bancorp	$546.25M	$145.66M
FBMS	First Bancshares	$387.64M	$93.56M
BFST	Business First Bancshares	$386.89M	$81.86M
FISI	Financial Institutions	$331.24M	$86.74M
BWFG	Bankwell Financial Group	$193.30M	$46.36M
BCBP	BCB Bancorp	$192.44M	$51.75M
ACNB	ACNB	$115.08M	$27.24M
FDBC	Fidelity D & D Bancorp	$105.45M	$27.30M
FNWD	Finward Bancorp	$96.53M	$22.47M
FRAF	Franklin Financial Services	$91.60M	$30.91M
AFBI	Affinity Bancshares	$45.17M	$12.87M
FFIN	First Financial Bankshares	-	$192.05M

BPOP Revenue FAQ

What is Popular’s yearly revenue?

Popular's yearly revenue for 2023 was $3.91B, representing an increase of 33.16% compared to 2022. The company's yearly revenue for 2022 was $2.94B, representing an increase of 14.98% compared to 2021. BPOP's yearly revenue for 2021 was $2.55B, representing an increase of 9.93% compared to 2020.

What is Popular’s quarterly revenue?

Popular's quarterly revenue for Q3 2024 was $1.1B, a 0.93% increase from the previous quarter (Q2 2024), and a 68.41% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.09B, a 2.89% increase from the previous quarter (Q1 2024), and a 66.93% increase year-over-year (Q2 2023). BPOP's quarterly revenue for Q1 2024 was $1.06B, a 2.10% increase from the previous quarter (Q4 2023), and a 61.17% increase year-over-year (Q1 2023).

What is Popular’s revenue growth rate?

Popular's revenue growth rate for the last 3 years (2021-2023) was 53.11%, and for the last 5 years (2019-2023) was 61.39%.

What are Popular’s revenue streams?

Popular's revenue streams in c 23 are Other Services, and Service Charges On Deposit Accounts. Other Services generated $374.44M in revenue, accounting 71.74% of the company's total revenue, up 12.10% year-over-year. Service Charges On Deposit Accounts generated $147.48M in revenue, accounting 28.26% of the company's total revenue, down -8.36% year-over-year.

What is Popular’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Popular was Other Services. This segment made a revenue of $374.44M, representing 71.74% of the company's total revenue.