Popular Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.20B | $2.94B | $2.78B | $3.06B | $2.60B | $2.37B | $2.46B | $2.39B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $2.25B | $2.19B | $1.79B | $1.53B | $1.41B | $853.5M | $1.19B | $1.02B |
| Operating Margin | 70.3% | 74.4% | 64.3% | 50.0% | 54.2% | 36.0% | 48.2% | 42.9% |
| Interest Expense | $1.24B | $1.39B | $1.11B | $298.6M | $165.0M | $234.9M | $369.1M | $287.0M |
| Pretax Income | $1.01B | $796.6M | $675.5M | $1.23B | $1.24B | $618.6M | $818.3M | $737.7M |
| Income Tax Expense | $173.6M | $182.4M | $134.2M | $132.3M | $309.0M | $111.9M | $147.2M | $119.6M |
| Net Income | $833.2M | $614.2M | $541.3M | $1.10B | $934.9M | $506.6M | $671.1M | $618.2M |
| Net Margin | 26.0% | 20.9% | 19.5% | 36.0% | 36.0% | 21.4% | 27.3% | 25.9% |
| EPS (Basic) | $12.31 | $8.56 | $7.53 | $14.65 | $11.49 | $5.88 | $6.89 | $6.07 |
| EPS (Diluted) | $12.30 | $8.56 | $7.52 | $14.63 | $11.46 | $5.87 | $6.88 | $6.06 |
| Shares Outstanding (Basic) | 67.6M | 71.6M | 71.7M | 75.1M | 81.3M | 85.9M | 96.8M | 101.1M |
| Shares Outstanding (Diluted) | 67.6M | 71.6M | 71.8M | 75.3M | 81.4M | 86.0M | 97.0M | 101.3M |
| Dividends Per Share | $2.90 | $2.56 | $2.27 | $2.20 | $0.45 | $1.60 | $1.20 | $1.00 |