Popular (BPOP) Rent Expense (2009 - 2026)
Popular (BPOP) posted quarterly Rent Expense of $27.8 million for Q4 2025, little changed year-over-year from $27.7 million in Q4 2024, and up 6.48% quarter-over-quarter from $26.1 million in Q3 2025.
Popular (BPOP) Rent Expense (2009 - 2026) Analysis & Trends
Popular (BPOP) has reported Rent Expense for 17 consecutive years, with $27.8 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Rent Expense changed 0.38% year-over-year to $27.8 million; the TTM figure through Dec 2025 stood at $110.2 million (down 1.09% YoY), while the FY2025 annual figure was $110.2 million, down 1.09% from the prior year.
- Rent Expense grew to $27.8 million in Q4 2025 per BPOP's latest filing, from $26.1 million in the prior quarter.
- Across five years, Rent Expense topped out at $30.3 million in Q4 2023 and bottomed at $24.6 million in Q2 2021.
- Historically, Rent Expense has averaged $27.1 million across 5 years, with a median of $27.3 million in 2022.
- Annual changes were most pronounced in 2021 — Rent Expense tumbled 37.48% — and 2022, when it advanced 10.14%.
- Popular's Rent Expense stood at $26.8 million in 2021, then grew by 3.95% to $27.8 million in 2022, then grew by 8.88% to $30.3 million in 2023, then slipped by 8.64% to $27.7 million in 2024, then increased by 0.38% to $27.8 million in 2025.
- Business Quant data shows BPOP's Rent Expense at $27.8 million in Q4 2025, $26.1 million in Q3 2025, and $29.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.89 Bn | 84.69 Bn | - | - |
| 2 | Pnc Financial Services | 97.65 Bn | 97.65 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 95.97 Bn | 95.97 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.78 Bn | -144.31 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.01 Bn | -81.30 Bn | - | - |
| 7 | Nu Holdings | 71.04 Bn | 57.36 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.56 Bn | 61.56 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.63 Bn | 25.91 Bn | - | 154.00 Mn |
| 10 | Popular | 10.75 Bn | 10.69 Bn | - | 27.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.76 Mn |
| Jun 30, 2026 | 27.76 Mn |
| Dec 31, 2025 | 27.77 Mn |
| Dec 31, 2025 | 27.77 Mn |
| Sep 30, 2025 | 26.08 Mn |
| Sep 30, 2025 | 26.08 Mn |
| Jun 30, 2025 | 29.14 Mn |
| Jun 30, 2025 | 29.14 Mn |
| Mar 31, 2025 | 27.22 Mn |
| Mar 31, 2025 | 27.22 Mn |
| Dec 31, 2024 | 27.67 Mn |
| Dec 31, 2024 | 27.67 Mn |
| Sep 30, 2024 | 28.03 Mn |
| Sep 30, 2024 | 28.03 Mn |
| Jun 30, 2024 | 27.69 Mn |
| Jun 30, 2024 | 27.69 Mn |
| Mar 31, 2024 | 28.04 Mn |
| Mar 31, 2024 | 28.04 Mn |
| Dec 31, 2023 | 30.28 Mn |
| Dec 31, 2023 | 30.28 Mn |