Ignacio Alvarez
On February 25, 2025, Ignacio Alvarez announced his retirement as Chief Executive Officer (“CEO”) of Popular, Inc. (“Popular” or the “Corporation”), effective June 30, 2025 (the “Retirement Date”).
Highest-materiality recent filing
Shareholders approved amendments to Restated Certificate of Incorporation: modernize indemnification (53.3M for, 445K against) and add director/officer exculpation (52.4M for, 1.3M against).
Popular, Inc. declares quarterly cash dividend of $0.75 per common share
Quarterly cash dividend of $0.75 per share on outstanding common stock approved by Board.
Popular Q1 2026 net income $245.7M ($3.78 EPS), NIM expands to 3.66%
Net income $245.7M vs $233.9M in Q4 2025; EPS $3.78 vs $3.53; YoY net income up 38%.
Popular Inc. appoints Velasco as Head of U.S. Ops, Chinea to CX role effective July 1
Israel Velasco appointed EVP and Head of U.S. Operations of Popular Bank, effective July 1, 2026, succeeding Manuel A. Chinea.
Myrna M. Soto will not stand for re-election to Popular, Inc. board; board size reduced to 11
Myrna M. Soto will not stand for re-election at the 2026 Annual Meeting on May 8, 2026.
Popular, Inc. declares quarterly cash dividend of $0.75 per share
Quarterly cash dividend of $0.75 per common share approved by Board of Directors.
Popular Q4 net income $233.9M ($3.53 EPS), up from $211.3M; full year net income up 36% to $833.2M
Net income Q4 $233.9M, EPS $3.53 (vs Q3 $211.3M / $3.15); net interest margin expanded to 3.61%.
Popular Inc. declares $0.75 quarterly cash dividend on common stock
Quarterly cash dividend of $0.75 per common share approved by Board of Directors.
Popular posts Q3 net income $211.3M, EPS $3.15; NPLs surge $190.6M
Net income of $211.3M ($3.15 EPS) vs $210.4M ($3.09 EPS) in Q2 2025; net interest income up $15M to $646.5M.
Popular Inc. declares $0.75 quarterly cash dividend payable Oct 1, 2025
Dividend of $0.75 per common share declared by Board of Directors.
Net income $210.4M ($3.09 EPS) vs $177.5M ($2.56) in Q1 2025; net interest income up $25.9M to $631.5M.
Popular Inc. raises quarterly dividend to $0.75 and authorizes $500M buyback
Quarterly dividend increased from $0.70 to $0.75 per share, starting Q4 2025 (board approval pending).
Popular Inc. appoints Javier D. Ferrer as President and CEO effective July 1, 2025
Javier D. Ferrer appointed as director and President & CEO of Popular, Inc., effective July 1, 2025.
Popular Inc. shareholders elect all 11 director nominees, approve say-on-pay, ratify PwC as auditor
All 11 director nominees elected at May 8, 2025 annual meeting: Ballester (56.9M for), Carrión (57.4M), DeVita (58.0M).
Popular, Inc. declares $0.70 quarterly cash dividend payable July 1, 2025
Quarterly cash dividend of $0.70 per common share approved by Board of Directors.
Popular Q1 net income $177.5M, EPS $2.56; CEO Alvarez to step down June 30
Net income $177.5M, flat vs Q4; diluted EPS $2.56 vs $2.51.
CEO Ignacio Alvarez retires effective June 30, 2025; will provide consulting for 6 months at $47k/month.
Popular Inc. declares $0.70 quarterly cash dividend; payable April 1, 2025
Board approved a quarterly cash dividend of $0.70 per common share.
Popular Q4 net income $177.8M, EPS $2.51; NIM expands to 3.35%
Net income $177.8M in Q4 2024 vs $155.3M in Q3 2024; diluted EPS $2.51 vs $2.16.
Popular, Inc. declares $0.70 quarterly dividend; payable Jan 2, 2025
Quarterly cash dividend of $0.70 per common share declared.
Popular Q3 net income falls to $155M on higher provision; EPS $2.16 vs $2.46 Q2
Net income $155.3M, down from $177.8M Q2; diluted EPS $2.16 vs $2.46.
Popular declares $0.62 quarterly common dividend for Q3 2024
Quarterly cash dividend of $0.62 per common share approved by Board.
Popular Q2 net income $177.8M, EPS $2.47; announces $500M buyback and 13% dividend hike
Net income $177.8M ($2.47 diluted EPS) vs Q1 $103.3M; adjusted net income up $42.6M ex-FDIC charge.
Popular appoints Javier D. Ferrer as President; bylaw amendments separate CEO/President roles
Javier D. Ferrer appointed President of Popular and subsidiaries; retains COO role effective May 9, 2024.
Popular Inc. declares $0.62 quarterly dividend, payable July 1, 2024
Quarterly cash dividend of $0.62 per common share declared.
Popular Q1 net income $103.3M, EPS $1.43; NII rises 3% QoQ, NIM widens 8bps
GAAP net income $103.3M ($1.43 diluted EPS), up from $94.6M ($1.31) in Q4; adjusted net income $135.2M.
On February 25, 2025, Ignacio Alvarez announced his retirement as Chief Executive Officer (“CEO”) of Popular, Inc. (“Popular” or the “Corporation”), effective June 30, 2025 (the “Retirement Date”).
On May 9, 2024, the Board of Directors of Popular, Inc. (“Popular” or the “Corporation”) appointed Javier D. Ferrer as President of Popular, in addition to his current role as Chief Operating Officer (“COO”).
Max materiality 0.80 · Median 0.53 · Most common event dividend