secwatch.observer — SEC 8-K summary
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Issuer:     POPULAR, INC. (BPOP)
CIK:        0000763901
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001193125-25-162913
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Popular, Inc. reports Q2 2025 net income of $210.4M, EPS $3.09; dividend raised to $0.75, new $500M buyback
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- Net income $210.4M ($3.09 EPS) vs $177.5M ($2.56) in Q1 2025; net interest income up $25.9M to $631.5M.
- Net interest margin expanded to 3.49% (taxable-equivalent 3.85%) from 3.40% (3.73%) in Q1.
- Loans held in portfolio increased $931M to $38.2B; deposits up $1.4B to $67.2B.
- Credit quality improved: NPL ratio 0.82% (down 2bps), NCO ratio 0.45% annualized (vs 0.53% Q1).
- Capital actions: quarterly dividend raised from $0.70 to $0.75; new $500M stock repurchase program announced July 16; $112M in buybacks during Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763901/000119312525162913/0001193125-25-162913-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763901/000119312525162913/d33675d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-162913

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