---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-014836"
form_type: "8-K"
ticker: "BPOP"
cik: "0000763901"
company_name: "POPULAR, INC."
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:48:15.904605+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Popular Q4 net income $94.6M; adjusted $139.9M; dividend up 13% to $0.62

## Summary
- Q4 2023 net income $94.6M ($1.31 EPS) vs Q3 $136.6M ($1.90 EPS); adjusted $139.9M excluding FDIC special assessment.
- FY 2023 net income $541.3M ($7.53 EPS) vs FY 2022 $1.1B ($14.65 EPS); adjusted $586.6M.
- Net interest income $534.2M flat QoQ; NIM 3.08% stable; loans grew $1.0B, deposits up $280.6M in quarter.
- NPL ratio improved to 1.0% from 1.1%; NCOs annualized 0.66% vs 0.39%; ACL to loans 2.08%.
- Quarterly dividend increased 13% to $0.62/sh from $0.55; CET1 ratio 16.3%; tangible book value $59.74.

## SEC filing metadata
- accession: 0001193125-24-014836
- form_type: 8-K
- ticker: BPOP
- cik: 0000763901
- company_name: POPULAR, INC.
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763901/000119312524014836/0001193125-24-014836-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763901/000119312524014836/d730513d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-014836
- JSON: https://secwatch.observer/filing/0001193125-24-014836.json
- Plain text: https://secwatch.observer/filing/0001193125-24-014836.txt

## Key facts
- Earnings Releases
  POPULAR, INC. reported the quarter ended December 31, 2023 results: net income $94.6 million.
  - Period: the quarter ended December 31, 2023
  - Net income: $94.6 million
  - Result: reported results
  source text: Popular, Inc. (the “Corporation”) issued a press release announcing its unaudited financial results for the quarter ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/763901/000119312524014836/0001193125-24-014836-index.htm

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