Filing Flows › Popular (BPOP) › Q1 2025 › vs Q1 2024
Popular (BPOP) Q1 2025 vs Q1 2024 (year over year)
Popular's revenue rose $43.1M (+6%) from $715M in Q1 2024 to $758M in Q1 2025. Operating margin 29.4% against 22.2% (+7.1 pts).
Popular, Q1 2025: revenue $758M (+6% year over year), operating margin 29.4%, net earnings $178M, operating cash flow $172M. The chart draws each line against Q1 2024, the increases inside each band.
Margins
| Q1 2025 | Q1 2024 | Change | |
|---|---|---|---|
| Operating margin | 29.4% | 22.2% | +7.1 pts |
| Net margin | 23.4% | 14.5% | +9.0 pts |
| Free cash flow margin | 15.9% | 15.1% | +0.8 pts |
Every line
| Line | Q1 2025 | Q1 2024 | Change | % |
|---|---|---|---|---|
| Revenue | $758M | $715M | $43.1M | +6% |
| Operating profit | $223M | $159M | $63.7M | +40% |
| Costs & expenses | $535M | $556M | −$20.6M | -4% |
| Pre-tax earnings | $223M | $159M | $63.7M | +40% |
| Credit loss provision | $64.1M | $72.6M | −$8.5M | -12% |
| Noninterest expense | $471M | $483M | −$12.1M | -3% |
| Net earnings | $178M | $103M | $74.2M | +72% |
| Income tax | $45.1M | $55.6M | −$10.5M | -19% |
| Working capital & other | $5.4M | −$58.3M | $63.7M | — |
| Operating cash flow | $172M | $162M | $10.5M | +6% |
| Free cash flow (OCF − capex) | $121M | $108M | $12.9M | +12% |
| Capital expenditures | $51.5M | $53.9M | −$2.4M | -4% |
Questions
How much did Popular's revenue grow year over year in Q1 2025?
Popular's revenue rose $43.1M (+6%) from $715M in Q1 2024 to $758M in Q1 2025. Operating margin 29.4% against 22.2% (+7.1 pts).