Popular vs First Horizon
Popular and First Horizon are similar in size: $3.20bn and $3.42bn of revenue in their latest fiscal years. Popular grew faster (8.8% against 7.2%). First Horizon kept more of each dollar of sales as profit: a net margin of 28.7% against 26.0%.
| Latest fiscal year | PopularBPOP, 2025 | First HorizonFHN, 2025 |
|---|---|---|
| Revenue | $3.20bn | $3.42bn |
| Revenue growth | 8.8% | 7.2% |
| Net income | $833m | $982m |
| Operating margin | — | — |
| Net margin | 26.0% | 28.7% |
| Return on equity | 14.0% | 11.1% |
| Free cash flow | $681m | $595m |
| Cash | $413m | $1.59bn |
| Total debt | $1.45bn | $3.25bn |
| Debt to equity | — | — |
| Dividend per share | $2.90 | $0.60 |
| Dividend yield | 1.9% | 2.8% |
| Share buybacks | — | $918m |
| Employees | 9,406 | 7,404 |
| Market value | $10.03bn | $11.24bn |
| Price vs our value range | — | — |
| Moat score | 66 (Moderate) | 73 (Strong) |
| Insider trades, 12 months | 0 buys, 13 sales | 0 buys, 21 sales |