{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-204191","form_type":"8-K","ticker":"BPOP","cik":"0000763901","company_name":"POPULAR, INC.","filed_at":"2022-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.111443+00:00","generated_at":"2026-06-24T07:47:48.490659+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Popular Q2 net income $211.4M flat QoQ; net interest margin expands 34 bps to 3.09%","bullets":["Net income $211.4M ($2.77 diluted EPS) vs $211.7M ($2.69) in Q1 2022; revenue up on higher NII and non-interest income.","Net interest margin rose 34 bps to 3.09% (taxable-equivalent 3.45%) driven by higher rates and loan growth.","Completed Evertec channel acquisition on July 1, 2022; paid with 4.59M Evertec shares valued at $169M, recording ~$112M after-tax gain.","Completed $400M accelerated share repurchase on July 12, 2022, buying back 5.07M shares at $78.94 average.","Credit quality improved: NPLs fell $42M to 1.57% of loans; net charge-offs low at 0.08% annualized; ACL coverage 142.7% of NPLs."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-204191","json":"https://secwatch.observer/filing/0001193125-22-204191.json","markdown":"https://secwatch.observer/filing/0001193125-22-204191.md","text":"https://secwatch.observer/filing/0001193125-22-204191.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763901/000119312522204191/0001193125-22-204191-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763901/000119312522204191/d203637d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T07:47:48.490659+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}