Popular, Inc.
BPOP Financial Banks Regional
Popular, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 2.51% from fiscal 2024. In the quarter to June 2026, revenue grew 4.48%, EPS grew 40.8% and free cash flow grew 46.4%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five.
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Popular, Inc. (BPOP) Piotroski F-score
Popular, Inc.'s Piotroski F-score for fiscal 2025 is 7 out of 9: 7 of nine tests of profitability, leverage and efficiency passed, down from 8 in fiscal 2024.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 7 | (1.00) |
| FY2024 | 8 | 1.00 |
| FY2023 | 7 | 1.00 |
| FY2022 | 6 | (1.00) |
| FY2021 | 7 | 0.00 |
| FY2020 | 7 | 1.00 |
| FY2019 | 6 | (1.00) |
| FY2018 | 7 | 1.00 |
| FY2017 | 6 | 2.00 |
| FY2016 | 4 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | 1.12% | 0.85% | Pass | 1 |
| Positive operating cash flow | 878.45m | 674.72m | Pass | 1 |
| Rising return on assets | 1.12% | 0.85% | Pass | 1 |
| Cash flow above net income | 46.70m | 61.92m | Pass | 1 |
| Falling long-term leverage | 0.00 | 0.00 | Pass | 1 |
| Rising current ratio | 0.65 | 0.66 | Fail | 0 |
| No new shares issued | 67,586,000 | 71,591,000 | Pass | 1 |
| Rising gross margin | 72.04% | 67.89% | Pass | 1 |
| Rising asset turnover | 0.06 | 0.06 | Fail | 0 |
| Piotroski F-score | Strong — most fundamentals improved | 7 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| ZION Zions Bancorporation, N.A. compare | 8 |
| UMBF UMB Financial Corporation compare | 7 |
| CFR Cullen/Frost Bankers, Inc. compare | 7 |
| SSB SouthState Bank Corporation compare | 7 |
| BPOP Popular, Inc. | 7 |
| ONB Old National Bancorp compare | 7 |
| CIB Grupo Cibest S.A. - Sponsored ADR compare | 6 |
| WTFC Wintrust Financial Corporation compare | 6 |
| FHN First Horizon Corporation compare | 5 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover