Popular, Inc. is the parent company of Banco Popular de Puerto Rico, Banco Popular North America, E-Loan, and several other companies.  A subsidiary of Popular, Inc., Banco Popular de Puerto Rico provides retail, mortgage, and commercial banking services as well as auto and equipment leasing and financing, investment banking, broker-dealer and insurance services. In the United States, Popular has established a community-banking franchise through Popular Community Bank. It provides commercial and industrial loans and real estate loans. 
 

Employee Rating

3.9More
TypePublic
HQSan Juan, PR
Founded1893
Size (employees)7,784 (est)
Websitepopular.com
Popular was founded in 1893 and is headquartered in San Juan, PR
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Popular Office Locations

Popular has an office in San Juan
San Juan, PR (HQ)
Av. Luis Muñoz Rivera
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Popular Financials and Metrics

Popular Revenue

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Popular's revenue was reported to be $2.15 b in FY, 2017
USD

Revenue (Q2, 2018)

715.7m

Gross profit (Q2, 2018)

648.9m

Gross profit margin (Q2, 2018), %

90.7%

Net income (Q2, 2018)

279.8m

EBIT (Q2, 2018)

354.1m

Market capitalization (11-Jan-2019)

4.9b

Closing stock price (11-Jan-2019)

48.7

Cash (30-Jun-2018)

400.6m

EV

7.6b
Popular's current market capitalization is $4.9 b.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Revenue

2.6b2.1b1.9b2.1b

Cost of goods sold

315.9m194.0m212.5m224.0m

Gross profit

2.2b1.9b1.7b1.9b

Gross profit Margin, %

88%91%89%90%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

723.8m549.9m484.2m525.5m505.3m551.1m532.4m515.7m522.7m483.3m531.9m566.6m715.7m

Cost of goods sold

77.6m70.3m480.8m74.8m46.9m47.7m50.5m51.6m51.7m53.6m53.9m60.0m66.7m

Gross profit

646.2m479.5m3.4m450.8m458.4m503.3m481.8m464.0m471.1m429.7m478.0m506.5m648.9m

Gross profit Margin, %

89%87%1%86%91%91%91%90%90%89%90%89%91%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

423.2m363.7m402.9m

Accounts Receivable

Inventories

PP&E

519.5m502.6m547.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

599.3m(313.5m)895.3m216.7m107.7m

Depreciation and Amortization

9.9m9.4m11.0m12.1m

Inventories

Accounts Payable

(2.5m)(707.0k)528.0k165.0k2.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

436.3m86.4m(424.9m)(362.3m)74.8m672.3m757.9m85.0m174.0m220.8m92.9m20.7m91.3m371.1m

Depreciation and Amortization

2.1m5.0m3.1m6.2m2.3m

Accounts Payable

(9.5m)(2.7m)633.0k(11.7m)(10.2m)475.0k(10.6m)(12.3m)(1.2m)(11.6m)(11.3m)(10.6m)50.0k

Cash From Operating Activities

635.1m159.8m314.6m817.3m(9.8m)192.4m420.7m178.2m362.6m441.8m185.8m643.8m190.1m371.1m
USDY, 2018

EV/EBIT

21.5 x

EV/CFO

20.5 x

Debt/Equity

0.6 x

Debt/Assets

0.1 x

Financial Leverage

9 x
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Popular Operating Metrics

Popular's Assets Under Management was reported to be $4.2b in FY, 2016. Popular's Total Loans was reported to be $22.9b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

ATMs

682 689 736

Assets Under Management

$4.20 b$3.90 b$4.20 b

Bank Branches

2.02 k217 222

Total Loans

$19.40 b$22.88 b$22.57 b$22.59 b$22.35 b$22.59 b$22.60 b$22.63 b$22.77 b$22.74 b$22.91 b
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Popular Revenue Breakdown

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Popular revenue breakdown by business segment: 14.3% from Banco Popular North America and 85.7% from Banco Popular de Puerto Rico

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Popular Online and Social Media Presence

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Popular Blogs

Popular, Inc. to Report Fourth-Quarter Results and Hold Conference Call on Wednesday, January 23, 2019

Dateline City: SAN JUAN, Puerto Rico SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. Language: English Contact: …

Popular Names Robert Carrady to Board of Directors

Dateline City: SAN JUAN, Puerto Rico SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. Language: English Contact: …

Financial Times’ The Banker Magazine Recognizes Banco Popular De Puerto Rico as a Leading “Bank of the Year Americas” for the Fifth Consecutive Year

Dateline City: SAN JUAN, Puerto Rico SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. Language: English Contact: …

Popular Appoints Investor Relations Officer

Dateline City: SAN JUAN, Puerto Rico SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (“Popular”) (NASDAQ: BPOP) announced today the appointment of Mr. Paul J. Cardillo as Investor Relations Officer of Popular. Mr. Lan…

Informe de Responsabilidad Social Empresarial - 2017

File: Informe de Responsabilidad Social Empresarial - 2017 (1.24 MB) Language: English

Corporate Social Responsibility Report - 2017

File: Corporate Social Responsibility Report - 2017 (1.24 MB) Language: English
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Popular Company Life and Culture

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Popular Frequently Asked Questions

  • When was Popular founded?

    Popular was founded in 1893.

  • How many employees does Popular have?

    Popular has 7,784 employees.

  • What is Popular revenue?

    Latest Popular annual revenue is $2.1 b.

  • What is Popular revenue per employee?

    Latest Popular revenue per employee is $275.6 k.

  • Who are Popular competitors?

    Competitors of Popular include OTP Bank, Blue Hills Bancorp and Select Bancorp.

  • Where is Popular headquarters?

    Popular headquarters is located at Av. Luis Muñoz Rivera, San Juan.

  • Where are Popular offices?

    Popular has an office in San Juan.

  • How many offices does Popular have?

    Popular has 1 office.