---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-183299"
form_type: "8-K"
ticker: "BPOP"
cik: "0000763901"
company_name: "POPULAR, INC."
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:40:05.428951+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Popular Q2 net income $177.8M, EPS $2.47; announces $500M buyback and 13% dividend hike

## Summary
- Net income $177.8M ($2.47 diluted EPS) vs Q1 $103.3M; adjusted net income up $42.6M ex-FDIC charge.
- Net interest income $568.3M (+3.2% QoQ); net interest margin expanded 6 bps to 3.22%.
- Credit quality improved: NPLs down $12.3M, NCOs down $8.6M, ACL/NPLs 213.6%.
- Authorized $500M common stock repurchase; quarterly dividend raised 13% to $0.70 (Q1 2025, pending Board).
- CET1 ratio 16.48%; loans $35.6B, deposits $65.5B at quarter-end.

## SEC filing metadata
- accession: 0001193125-24-183299
- form_type: 8-K
- ticker: BPOP
- cik: 0000763901
- company_name: POPULAR, INC.
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763901/000119312524183299/0001193125-24-183299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763901/000119312524183299/d857011d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-183299
- JSON: https://secwatch.observer/filing/0001193125-24-183299.json
- Plain text: https://secwatch.observer/filing/0001193125-24-183299.txt

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