BPOP drawdown: 38.7% below the all-time high
Popular Inc. (BPOP) is 38.7% below its all-time high, set Dec 30, 2004 (as of market close, Aug 13, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (1980).
- Below all-time high
- −38.7%
- 61.3% of ATH
- All-time high
- $288.7
- Dec 30, 2004
- Time below the high
- 21.6 yrs
- since Dec 30, 2004
- Worst-ever drawdown
- −96.4%
- Jul 22, 2009
- Longest underwater
- 21.6 yrs
- between all-time highs
- Today's level first reached
- May 1, 1998
- 28.3 yrs ago
- Last time this deep
- Sep 22, 2000
- in a previous episode
% of all-time high since 1980#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of BPOP, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Dec 30, 2004 | Jul 22, 2009 | −96.4% | 4.6 yrs | not yet | 21.6 yrs+ |
| Jan 20, 1999 | Mar 15, 2000 | −50.8% | 14 mo | May 9, 2003 | 4.3 yrs |
| Apr 7, 1987 | Jan 29, 1988 | −48.3% | 10 mo | Sep 21, 1989 | 2.5 yrs |
| Apr 10, 1981 | Apr 12, 1982 | −36.7% | 12 mo | Dec 22, 1982 | 1.7 yrs |
| Jul 10, 1998 | Oct 8, 1998 | −31.0% | 3 mo | Jan 19, 1999 | 6 mo |
| Dec 12, 1989 | Jan 14, 1991 | −23.2% | 13 mo | Apr 18, 1991 | 16 mo |
| Jan 28, 1993 | Jun 9, 1993 | −22.0% | 4 mo | Oct 15, 1993 | 9 mo |
| Sep 26, 1994 | Dec 8, 1994 | −18.8% | 2 mo | May 9, 1995 | 7 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1980: how far BPOP stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: BPOP is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is BPOP from its all-time high?
- BPOP is currently 38.7% below its all-time high, set Dec 30, 2004 (as of market close, Aug 13, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest BPOP drawdown ever?
- The deepest decline on record in our data (since 1980) took the stock 96.4% below its prior high, bottoming Jul 22, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1980 (split-adjusted). "All-time" means since our price data begins — BPOP may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.