Popular (BPOP) Revenue & Revenue Breakdown


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Popular Revenue Highlights


Latest Revenue (Y)

$3.91B

Latest Revenue (Q)

$1.09B

Main Segment (Y)

Other Services

Main Geography (Y)

PR

Popular Revenue by Period


Popular Revenue by Year

DateRevenueChange
2023-12-31$3.91B33.16%
2022-12-31$2.94B14.98%
2021-12-31$2.55B9.93%
2020-12-31$2.32B-4.11%
2019-12-31$2.42B2.72%
2018-12-31$2.36B24.51%
2017-12-31$1.89B11.52%
2016-12-31$1.70B-10.83%
2015-12-31$1.91B44.75%
2014-12-31$1.32B-40.76%
2013-12-31$2.22B22.16%
2012-12-31$1.82B-8.30%
2011-12-31$1.98B-21.91%
2010-12-31$2.54B27.17%
2009-12-31$2.00B-5.28%
2008-12-31$2.11B-1.61%
2007-12-31$2.14B-4.19%
2006-12-31$2.24B1.26%
2005-12-31$2.21B11.35%
2004-12-31$1.98B3.85%
2003-12-31$1.91B12.13%
2002-12-31$1.70B10.47%
2001-12-31$1.54B6.54%
2000-12-31$1.45B9.16%
1999-12-31$1.33B13.93%
1998-12-31$1.16B12.85%
1997-12-31$1.03B16.33%
1996-12-31$886.80M17.07%
1995-12-31$757.50M11.94%
1994-12-31$676.70M9.62%
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

DateRevenueChange
2024-06-30$1.09B2.89%
2024-03-31$1.06B2.10%
2023-12-31$1.04B58.83%
2023-09-30$655.67M0.05%
2023-06-30$655.34M-0.66%
2023-03-31$659.71M1084.14%
2022-12-31$55.71M-94.38%
2022-09-30$991.35M45.81%
2022-06-30$679.90M6.82%
2022-03-31$636.50M-3.15%
2021-12-31$657.20M1.78%
2021-09-30$645.69M2.26%
2021-06-30$631.42M1.79%
2021-03-31$620.31M2.83%
2020-12-31$603.25M4.36%
2020-09-30$578.04M4.52%
2020-06-30$553.06M-6.17%
2020-03-31$589.46M-3.27%
2019-12-31$609.35M-0.15%
2019-09-30$610.25M0.91%
2019-06-30$604.74M0.93%
2019-03-31$599.17M-4.07%
2018-12-31$624.60M5.23%
2018-09-30$593.54M-7.16%
2018-06-30$639.31M27.37%
2018-03-31$501.94M7.60%
2017-12-31$466.49M-0.99%
2017-09-30$471.17M-2.82%
2017-06-30$484.83M2.62%
2017-03-31$472.44M34.82%
2016-12-31$350.41M-17.75%
2016-09-30$426.02M-8.27%
2016-06-30$464.44M1.33%
2016-03-31$458.32M-4.34%
2015-12-31$479.12M0.78%
2015-09-30$475.39M-4.45%
2015-06-30$497.55M9.69%
2015-03-31$453.61M6.70%
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$643.73M79.84%
2013-03-31$357.95M-22.80%
2012-12-31$463.68M0.99%
2012-09-30$459.13M5.57%
2012-06-30$434.92M-5.76%
2012-03-31$461.49M-6.61%
2011-12-31$494.14M0.50%
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$1.17B149.30%
2010-06-30$470.44M10.23%
2010-03-31$426.78M-4.14%
2009-12-31$445.20M2.01%
2009-09-30$436.43M-12.02%
2009-06-30$496.05M-18.31%
2009-03-31$607.22M41.09%
2008-12-31$430.36M-15.98%
2008-09-30$512.21M-3.62%
2008-06-30$531.46M-20.10%
2008-03-31$665.16M53.04%
2007-12-31$434.63M-

Popular generated $1.09B in revenue during Q2 2024, up 2.89% compared to the previous quarter, and up 165.83% compared to the same period a year ago.

Popular Revenue Breakdown


Popular Revenue Breakdown by Product

Annual Revenue by Product

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

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/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Service Charges On Deposit Accounts$37.44M$110.16M$37.32M$36.85M$30.16M$41.66M$41.66M$40.97M$39.62M-----------
Other Services$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$74.03M

Popular's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Other Services (71.57%), and Service Charges On Deposit Accounts (28.43%).

Popular Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 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

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Other Countries$22.08M$65.62M$21.89M$17.93M$16.22M$18.10M$19.59M$19.04M------------
PR$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$93.96M---
PUERTO RICO-------------$502.96M$476.86M$451.74M$489.64M$508.70M$505.61M$501.64M

Popular's latest quarterly revenue breakdown by geography, as of Mar 24: PR (96.24%), and Other Countries (3.76%).

Popular Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BPOPPopular$3.91B$1.09B
UMBFUMB Financial$2.38B$683.20M
CBSHCommerce Bancshares$1.97B$524.84M
FBPFirst Ban$1.16B$307.89M
OFGOFG Bancorp$777.26M$220.13M
NBTBNBT Bancorp$665.04M$194.00M
FCFFirst Commonwealth Financial$626.39M$175.81M
BHLBBerkshire Hills Bancorp$619.08M$174.24M
BRKLBrookline Bancorp$609.22M$161.75M
BANFBancFirst$593.93M$152.18M
NBHCNational Bank$559.33M$146.48M
FBNCFirst Bancorp$546.25M$143.42M
FBMSFirst Bancshares$387.64M$91.03M
BFSTBusiness First Bancshares$386.89M$111.69M
FISIFinancial Institutions$331.24M$101.62M
CATCCambridge Bancorp$218.53M$66.82M
BWFGBankwell Financial Group$193.30M$48.55M
BCBPBCB Bancorp$192.44M$46.21M
ACNBACNB$115.08M$33.30M
FDBCFidelity D & D Bancorp$105.45M$30.65M
FNWDFinward Bancorp$96.53M$24.70M
FRAFFranklin Financial Services$91.60M$29.08M
AFBIAffinity Bancshares$45.17M$12.93M
FFINFirst Financial Bankshares-$184.94M

BPOP Revenue FAQ


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.

Popular'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). The company'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). BPOP's quarterly revenue for Q4 2023 was $1.04B, a 58.83% increase from the previous quarter (Q3 2023), and a 1769.28% increase year-over-year (Q4 2022).

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%.

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

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.