secwatch.observer — SEC 8-K summary
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Issuer:     POPULAR, INC. (BPOP)
CIK:        0000763901
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001193125-26-171797
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Popular Q1 2026 net income $245.7M ($3.78 EPS), NIM expands to 3.66%
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- Net income $245.7M vs $233.9M in Q4 2025; EPS $3.78 vs $3.53; YoY net income up 38%.
- Net interest margin 3.66% (tax-eq 4.14%), up from 3.61% Q4; NII $670.2M, +$12.6M QoQ.
- NPLs fell $40.2M to 1.17% of loans; net charge-offs $60.0M (0.61% annualized), including $11.1M single commercial loan.
- Deposits +$1.4B to $67.6B; loans held-in-portfolio $39.3B; CET1 ratio 15.92%.
- Repurchased 1.16M shares for $155.2M at avg $134.31; $0.75 dividend; ROTCE 15.46% vs 14.39% Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763901/000119312526171797/0001193125-26-171797-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763901/000119312526171797/d96899d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-171797

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