---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-269056"
form_type: "8-K"
ticker: "BPOP"
cik: "0000763901"
company_name: "POPULAR, INC."
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T01:01:06.803358+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Popular Q3 net income $422.4M includes $226.6M Evertec gain; core $195.8M

## Summary
- Net income $422.4M ($5.71 basic EPS) vs Q2 $211.4M; adjusted net income $195.8M excluding Evertec gain.
- Net interest margin expanded to 3.32% from 3.09% QoQ; taxable-equivalent NIM 3.71%.
- NPL ratio improved to 1.4% from 1.6%; net charge-offs annualized 0.24% vs 0.08% Q2.
- CET1 ratio 16.04%; tangible book value per share $38.69 at September 30, 2022.
- Completed $400M ASR; new $231M ASR entered; transferred $6.5B securities from AFS to HTM.

## SEC filing metadata
- accession: 0001193125-22-269056
- form_type: 8-K
- ticker: BPOP
- cik: 0000763901
- company_name: POPULAR, INC.
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763901/000119312522269056/0001193125-22-269056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763901/000119312522269056/d390418d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-269056
- JSON: https://secwatch.observer/filing/0001193125-22-269056.json
- Plain text: https://secwatch.observer/filing/0001193125-22-269056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.