Popular (BPOP) Rent Expense (2009 - 2026)
Popular's Rent Expense came in at $27.76 million for Q2 2026, down 4.7% from $29.14 million a year earlier but up 1.7% from the prior quarter.
Popular (BPOP) Rent Expense (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Popular reported Rent Expense of $108.92 million, down 2.8% year-over-year; for FY2025, it came in at $110.21 million, down 1.1% from FY2024.
- Rent Expense carries a five-year compound annual growth rate of -1.6% (FY2020 to FY2025).
- Going back by year, Rent Expense was $111.43 million in FY2024 (-0.1%), $111.59 million in FY2023 (+5.1%), $106.17 million in FY2022 (+3.9%) and $102.23 million in FY2021 (-14.3%).
- The five-year range for quarterly Rent Expense is $24.72 million (Q1 2022) to $30.28 million (Q4 2023).
- Year-over-year, Rent Expense increased in three of the last eight quarters, with an average decline of 2.2%.
- The fastest year-over-year change in Rent Expense over five years came in Q3 2022 (growth of 10.1%), and the weakest in Q4 2021 (a decline of 37.5%).
- Business Quant data shows BPOP's Rent Expense at $27.3 million (Q1 2026), $27.77 million (Q4 2025) and $26.08 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 803.00 Mn |
| 10 | Popular | 9.98 Bn | 9.87 Bn | - | 27.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.76 Mn |
| Mar 31, 2026 | 27.30 Mn |
| Dec 31, 2025 | 27.77 Mn |
| Sep 30, 2025 | 26.08 Mn |
| Jun 30, 2025 | 29.14 Mn |
| Mar 31, 2025 | 27.22 Mn |
| Dec 31, 2024 | 27.67 Mn |
| Sep 30, 2024 | 28.03 Mn |
| Jun 30, 2024 | 27.69 Mn |
| Mar 31, 2024 | 28.04 Mn |
| Dec 31, 2023 | 30.28 Mn |
| Sep 30, 2023 | 28.10 Mn |
| Jun 30, 2023 | 27.17 Mn |
| Mar 31, 2023 | 26.04 Mn |
| Dec 31, 2022 | 27.81 Mn |
| Sep 30, 2022 | 27.42 Mn |
| Jun 30, 2022 | 26.21 Mn |
| Mar 31, 2022 | 24.72 Mn |
| Dec 31, 2021 | 26.76 Mn |
| Sep 30, 2021 | 24.90 Mn |
Popular Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=BPOP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "BPOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=BPOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();