BPOP vs. FBP
BPOP (Popular, Inc.) and FBP (First BanCorp.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, BPOP returned 22.30%/yr vs 22.87%/yr for FBP. At a 0.46 correlation, their price movements are largely independent.
Performance
BPOP vs. FBP - Performance Comparison
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Returns By Period
In the year-to-date period, BPOP achieves a 32.20% return, which is significantly higher than FBP's 26.34% return. Both investments have delivered pretty close results over the past 10 years, with BPOP having a 22.30% annualized return and FBP not far ahead at 22.87%.
BPOP
- 1D
- 2.19%
- 1M
- 8.76%
- YTD
- 32.20%
- 6M
- 30.32%
- 1Y
- 59.50%
- 3Y*
- 44.57%
- 5Y*
- 20.18%
- 10Y*
- 22.30%
FBP
- 1D
- 2.14%
- 1M
- 7.65%
- YTD
- 26.34%
- 6M
- 21.81%
- 1Y
- 35.99%
- 3Y*
- 34.20%
- 5Y*
- 20.70%
- 10Y*
- 22.87%
BPOP vs. FBP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BPOP Popular, Inc. | 32.20% | 36.01% | 17.86% | 28.33% | -16.78% | 49.06% | -0.00% | 27.21% | 35.80% | -16.87% |
FBP First BanCorp. | 26.34% | 15.48% | 16.91% | 34.81% | -4.71% | 53.12% | -10.36% | 24.84% | 69.19% | -22.84% |
Correlation
The correlation between BPOP and FBP is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 1992 | 0.46 |
Over the past year, BPOP and FBP have become more correlated (0.83) than their long-term average of 0.46, meaning their price movements have been converging.
Fundamentals
BPOP:
$10.56B
FBP:
$4.02B
BPOP:
$13.50
FBP:
$2.24
BPOP:
12.06
FBP:
11.47
BPOP:
1.33
FBP:
0.86
BPOP:
2.46
FBP:
3.28
BPOP:
1.68
FBP:
2.04
BPOP:
$4.41B
FBP:
$1.25B
BPOP:
$3.01B
FBP:
$918.60M
BPOP:
$1.10B
FBP:
$441.41M
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Return for Risk
BPOP vs. FBP — Risk / Return Rank
BPOP
FBP
BPOP vs. FBP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Popular, Inc. (BPOP) and First BanCorp. (FBP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BPOP | FBP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.26 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 2.61 | +1.46 |
| Martin ratioReturn relative to average drawdown | 10.70 | 6.33 | +4.37 |
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Drawdowns
BPOP vs. FBP - Drawdown Comparison
The maximum BPOP drawdown since its inception was -95.72%, roughly equal to the maximum FBP drawdown of -99.51%. Use the drawdown chart below to compare losses from any high point for BPOP and FBP.
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Drawdown Indicators
| BPOP | FBP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.72% | -99.51% | +3.79% |
Max Drawdown (1Y)Largest decline over 1 year | -14.68% | -13.83% | -0.85% |
Max Drawdown (3Y)Largest decline over 3 years | -22.63% | -22.87% | +0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -46.27% | -32.38% | -13.89% |
Max Drawdown (10Y)Largest decline over 10 years | -59.03% | -67.82% | +8.79% |
Current DrawdownCurrent decline from peak | -10.17% | -92.41% | +82.24% |
Average DrawdownAverage peak-to-trough decline | -48.82% | -59.93% | +11.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.58% | 5.70% | -0.12% |
Volatility
BPOP vs. FBP - Volatility Comparison
Popular, Inc. (BPOP) has a higher volatility of 5.80% compared to First BanCorp. (FBP) at 5.45%. This indicates that BPOP's price experiences larger fluctuations and is considered to be riskier than FBP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BPOP | FBP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 5.45% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 17.83% | 17.98% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.60% | 25.25% | -0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.06% | 32.00% | -1.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.54% | 39.39% | -5.85% |
Dividends
BPOP vs. FBP - Dividend Comparison
BPOP's dividend yield for the trailing twelve months is around 1.92%, less than FBP's 2.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPOP Popular, Inc. | 1.92% | 2.33% | 2.72% | 2.77% | 3.32% | 2.13% | 2.84% | 2.04% | 2.12% | 2.82% | 1.37% | 1.06% |
FBP First BanCorp. | 2.95% | 3.47% | 3.44% | 3.40% | 3.62% | 2.25% | 2.17% | 1.32% | 0.35% | 0.00% | 0.00% | 0.00% |
Financials
BPOP vs. FBP - Financials Comparison
This section allows you to compare key financial metrics between Popular, Inc. and First BanCorp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BPOP vs. FBP - Profitability Comparison
BPOP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Popular, Inc. reported a gross profit of 835.81M and revenue of 1.11B. Therefore, the gross margin over that period was 75.1%.
FBP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First BanCorp. reported a gross profit of 242.31M and revenue of 318.47M. Therefore, the gross margin over that period was 76.1%.
BPOP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Popular, Inc. reported an operating income of 292.61M and revenue of 1.11B, resulting in an operating margin of 26.3%.
FBP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First BanCorp. reported an operating income of 114.26M and revenue of 318.47M, resulting in an operating margin of 35.9%.
BPOP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Popular, Inc. reported a net income of 245.67M and revenue of 1.11B, resulting in a net margin of 22.1%.
FBP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First BanCorp. reported a net income of 88.78M and revenue of 318.47M, resulting in a net margin of 27.9%.
Frequently Asked Questions
BPOP and FBP have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BPOP has higher volatility (5.80%) compared to FBP (5.45%). In terms of maximum drawdown, BPOP dropped -95.72% vs FBP's -99.51%.
BPOP currently has the higher Sharpe Ratio (2.44 vs 1.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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