secwatch.observer — SEC 8-K summary
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Issuer:     POPULAR, INC. (BPOP)
CIK:        0000763901
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001193125-26-023312
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Popular Q4 net income $233.9M ($3.53 EPS), up from $211.3M; full year net income up 36% to $833.2M
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- Net income Q4 $233.9M, EPS $3.53 (vs Q3 $211.3M / $3.15); net interest margin expanded to 3.61%.
- Loans held-in-portfolio grew $640.4M to $39.3B; NPL ratio improved to 1.27%; NCOs fell to $49.6M.
- CET1 ratio 15.72%; tangible book value per share $82.65 (+$3.53 QoQ); repurchased 1.25M shares for $147.8M.
- Full-year 2025 net income $833.2M (+36% YoY); operating expenses $473.2M in Q4 vs $495.3M in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763901/000119312526023312/0001193125-26-023312-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763901/000119312526023312/d51010d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-023312

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