Filing Flows › Popular (BPOP) › Q3 2026 › vs Q1 2026
Popular (BPOP) Q3 2026 vs Q1 2026 (quarter over quarter)
Popular's revenue rose $624K (+0.1%) from $874M in Q1 2026 to $875M in Q3 2026. The biggest changes: Net interest income +$5.5M (+0.8%); Noninterest income −$4.9M (-3%). Operating margin 31.1% against 37.1% (-5.9 pts).
Popular, Q3 2026: revenue $875M (+7% year over year), operating margin 31.1%, net earnings $242M, operating cash flow $256M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q3 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 31.1% | 37.1% | -5.9 pts |
| Net margin | 27.7% | 31.8% | -4.1 pts |
| Free cash flow margin | 25.0% | 33.2% | -8.2 pts |
Every line
| Line | Q3 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Net interest income | $699M | $693M | $5.5M | +0.8% |
| Noninterest income | $176M | $181M | −$4.9M | -3% |
| Revenue | $875M | $874M | $624K | +0.1% |
| Operating profit | $272M | $324M | −$51.7M | -16% |
| Costs & expenses | $602M | $550M | $52.3M | +10% |
| Pre-tax earnings | $272M | $324M | −$51.7M | -16% |
| Credit loss provision | $96.7M | $65.9M | $30.8M | +47% |
| Noninterest expense | $506M | $484M | $21.5M | +4% |
| Net earnings | $242M | $278M | −$35.8M | -13% |
| Income tax | $29.9M | $45.7M | −$15.8M | -35% |
| Working capital & other | $13.1M | $68.9M | −$55.8M | -81% |
| Operating cash flow | $256M | $347M | −$91.6M | -26% |
| Free cash flow (OCF − capex) | $219M | $290M | −$71.4M | -25% |
| Capital expenditures | $36.9M | $57.1M | −$20.2M | -35% |
Questions
How much did Popular's revenue grow quarter over quarter in Q3 2026?
Popular's revenue rose $624K (+0.1%) from $874M in Q1 2026 to $875M in Q3 2026.
What drove Popular's revenue change in Q3 2026?
Net interest income +$5.5M (+0.8%); Noninterest income −$4.9M (-3%).