secwatch.observer — SEC 8-K summary
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Issuer:     POPULAR, INC. (BPOP)
CIK:        0000763901
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001193125-25-013854
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Popular Q4 net income $177.8M, EPS $2.51; NIM expands to 3.35%
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- Net income $177.8M in Q4 2024 vs $155.3M in Q3 2024; diluted EPS $2.51 vs $2.16.
- Net interest income $590.8M, up $18.3M QoQ; NIM 3.35% vs 3.24%.
- Non-performing loans decreased $10.6M; NPL ratio 0.95%; NCO ratio 0.74% vs 0.65% Q3.
- Loans held-in-portfolio $37.1B, up $912.7M QoQ; deposits $64.9B, up $1.2B.
- Repurchased 2,256,420 shares for $217.3M in 2024; quarterly dividend increased to $0.70/sh from $0.62.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763901/000119312525013854/0001193125-25-013854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763901/000119312525013854/d892846d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-013854

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer