State Commercial Banks · SIC 6022

POPULAR, INC.

BPOP

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Latest revenue

$867.8M

as of 2026-03-31

Latest net income

$245.7M

as of 2026-03-31

Net margin

28.3%

as of 2026-03-31

Community sentiment

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BPOP vs S&P 500 · rebased to 100

+14.1% / yr 5.6 pts / yr vs S&P 500(S&P 500 +19.7% / yr) 92.8% total
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Market data

Price feed temporarily unavailable for BPOP.

What this company does

AI

ITEM 1. BUSINESS General Popular is a diversified, publicly-owned financial holding company, registered under the Bank Holding Company Act of 1956, as amended (the “BHC Act”) and subject to supervision and regulation by the Board of Governors of the Federal Reserve System (the “Federal Reserve Board”). Popular was incorporated in 1984 under the laws of the Commonwealth of Puerto Rico and is the largest financial institution based in Puerto Rico, with consolidated assets of $47.6 billion, total deposits of $39.7 billion and stockholders’ equity of $5.4 billion at December 31, 2018. At December 31, 2018, we ranked among the 50 largest U.S. bank holding companies based on total assets…

AI summary unavailable — showing raw filing excerpt

Generated from BPOP's filing dated 2019-03-01

Key risks

AI

ITEM 1A. RISK FACTORS We, like other financial institutions, face a number of risks inherent to our business, financial condition, liquidity, results of operations and capital position. These risks could cause our actual results to differ materially from our historical results or the results contemplated by the forward-looking statements contained in this report. The risks described in this report are not the only risks we face. Additional risks and uncertainties not currently known by us or that we currently deem to be immaterial, or that are generally applicable to all financial institutions, also may materially adversely affect our business, financial condition, liquidity, results of…

AI summary unavailable — showing raw filing excerpt

Generated from BPOP's filing dated 2019-03-01

7.3
of 10

ActaClear Score

Above avg
#24 of 212 in State Commercial Banks
+0.1 · 5d
Profitability·25%
7.6
Growth·15%
4.4
Value·20%
6.1
Quality·20%
7.8
Momentum·20%
10.0

Computed from 5 years of SEC fundamentals + latest market data, ranked within State Commercial Banks (212 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 10, 2026.

0.23
Price / FV

Fair value · DCF

Deeply undervalued
~334% upside at this growth
11.3% / yr
-5%30%
Terminal growthWACC 9.4% · 10y forecast
Current price
$156
DCF fair value
$677
FCF base (last FY)
$833.16M
Net debt
$-19.82B
Methodology + caveats (click to expand)

Method. 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Beta defaults to 1.0 when not reported.

Why DCF is fragile. Treat the output as a thinking aid, not a verdict. Honest weaknesses of any DCF:

  • Growth is the dominant assumption. No one can foresee 10 years of growth — small changes in the slider can double or halve fair value. The reverse-DCF readout above tells you what the market is implicitly assuming; ask yourself whether that's realistic before trusting either number.
  • Terminal value dominates. In most DCFs, 60-80% of the answer comes from the terminal-value calculation — i.e., everything AFTER year 10. A 0.5pp change in terminal growth, or in WACC, can swing fair value by 20-30%.
  • WACC is itself a guess. We use a textbook CAPM cost of equity (Rf 4.3%, MRP 5.5%, β from the quote) plus a 6% pretax cost of debt — none of these are the company's actual marginal financing cost.
  • No moat / disruption modelling. The model assumes the company keeps earning whatever it earns today, compounding cleanly. Competitive shifts, regulatory action, and technology disruption can invalidate the forecast overnight.
  • Net income ≠ free cash flow. For capex-heavy names (semis, telcos) net income overstates distributable cash. For low-capex names (software) it understates. Both reduce the precision of the FV figure.
  • Reflexivity. A high stock price often becomes a self-fulfilling prophecy via better hiring, financing, and customer trust. DCF can't see this.

Take the DCF, the reverse-DCF implied growth, the historical multiples, and the community sentiment together. When they agree, conviction. When they disagree, the disagreement is the most informative thing on the page.

Historical multiples

How does BPOP's current valuation compare to its own past?

Current P/E
12.1×
Own 5y average
7.8×
Own 5y median
9.8×
vs. own average
+55%
Industry 5y avg P/E
12.3×
Median P/E across the top 40 peers in State Commercial Banks by market cap, then averaged across 5 years.
vs. industry
-1%
PEG (this co.)
1.07
5y revenue CAGR
11.3%
Industry PEG
0.80
Industry 5y avg growth
15.2%
Current P/B
1.60×
Own 5y avg P/B
1.03×
Industry 5y avg P/B
1.27×
vs. industry P/B
+26%
P/B shown for bank names because P/E gets distorted by credit-cycle losses, non-cash depreciation, and reserve movements. Book equity is a more stable franchise-value signal here.
Solid: this company. Dotted: industry median.
Dashed flat: own 5y avg.
Coloured dot at right: current P/E.

P/E uses year-end weekly close ÷ (net income ÷ shares outstanding today). Held shares constant at today's count, which understates the per-share earnings improvement from buybacks over the period. PEG uses 5y revenue CAGR as a proxy for EPS growth — close, but not identical (margin expansion or dilution can drive a wedge). Best read as a comparator across companies and industries, not as a precise replica of historical multiples.