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
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 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 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.
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 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 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 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 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 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