---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-263554"
form_type: "8-K"
ticker: "BPOP"
cik: "0000763901"
company_name: "POPULAR, INC."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:11:53.262473+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Popular, Inc. reports Q3 net income of $136.6M, includes $16.4M goodwill impairment

## Summary
- Net income $136.6M vs $151.2M Q2; includes $16.4M after-tax goodwill impairment in equipment leasing unit.
- Net interest income $534.0M, up $2.4M; NIM 3.07% (3.24% taxable-equivalent basis).
- Non-performing loans decreased $24.0M; NCOs increased $8.7M; ACL to loans 2.09%.
- Loans increased $998.4M; deposits decreased $667.2M; CET1 ratio 16.81%.
- CEO notes strong Puerto Rico economic activity; crossed 2 million unique customers milestone.

## SEC filing metadata
- accession: 0001193125-23-263554
- form_type: 8-K
- ticker: BPOP
- cik: 0000763901
- company_name: POPULAR, INC.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763901/000119312523263554/0001193125-23-263554-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763901/000119312523263554/d922025d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-263554
- JSON: https://secwatch.observer/filing/0001193125-23-263554.json
- Plain text: https://secwatch.observer/filing/0001193125-23-263554.txt

## Key facts
- Earnings Releases
  POPULAR, INC. reported the quarter ended September 30, 2023 results: net income net income of $136.6 million, EPS Net income per common share-diluted $1.90.
  - Period: the quarter ended September 30, 2023
  - Net income: net income of $136.6 million
  - EPS: Net income per common share-diluted $1.90
  - Result: reported results
  source text: On October 26, 2023, Popular, Inc. (the “Corporation”) issued a press release announcing its unaudited financial results for the quarter ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/763901/000119312523263554/0001193125-23-263554-index.htm

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