Every 8-K that POPULAR M/I 6.375A PFD (BPOPO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BPOPO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BPOPO filings page.
POPULAR, INC. (BPOP) reported leadership and compensation changes for two senior executives. Effective September 1, 2026, Jorge J. García will become President and Chief Executive Officer, and Lidio V. Soriano will become Executive Vice President and Chief Financial Officer. On August 19, 2026, the Talent and Compensation Committee approved Mr. García’s annual base salary of $1,150,000, with a target short-term annual cash incentive of 135% of base salary and a target long-term equity incentive of 325% of base salary. He also received a one-time restricted stock Promotion Award valued at $977,833, based on a prorated long-term incentive for the four-month period he will serve as CEO in 2026. Mr. Soriano’s annual base salary was set at $670,000, with a target short-term annual cash incentive of 80% of base salary and a target long-term equity incentive of 120% of base salary, under the company’s existing compensation plans and programs.
POPULAR, INC. (BPOP) announced that its Board of Directors has approved a quarterly cash dividend of $0.90 per share on its outstanding common stock. The dividend is payable on October 1, 2026 to shareholders of record at the close of business on September 10, 2026.
Popular describes itself as the leading financial institution by assets and deposits in Puerto Rico and one of the top 50 U.S. bank holding companies by assets, operating banking and related financial services in Puerto Rico, the U.S. and British Virgin Islands, and selected U.S. mainland markets.
Popular, Inc. plans two major capital return actions. The company intends to increase its quarterly common stock dividend from $0.75 to $0.90 per share, beginning with the dividend payable in the fourth quarter of 2026, subject to approval by its Board of Directors.
In addition, Popular authorized the repurchase of up to $1 billion of common stock. Repurchases may occur through open market, privately negotiated or block trades and can be modified, suspended or terminated at any time. The timing, quantity and price of repurchases will depend on factors such as market conditions, capital position, liquidity, financial performance, strategic initiatives and tax and regulatory considerations, including approvals for subsidiary dividends.
Popular states that approximately $280 million of common stock has been repurchased in 2026 to date and that, as of June 30, 2026, it had fully utilized a prior $500 million repurchase authorization approved in 2025. Management characterizes the company as having “significant excess capital, robust liquidity and strong financial performance” in connection with these capital actions.
Popular, Inc. announced a planned leadership transition. President and CEO Javier D. Ferrer will retire effective August 31, 2026, and will also step down from related bank and holding company CEO roles and from the board. He will provide 12 months of consulting services for a $100,000 monthly fee, receive incentive awards tied to 2026 service, continue medical coverage for up to three years, and be subject to one-year non-competition and non-solicitation covenants. Effective September 1, 2026, Executive Vice President and CFO Jorge J. García becomes President and CEO and joins the board, Lidio V. Soriano becomes Executive Vice President and CFO, and Luis F. Sousa becomes Executive Vice President and Chief Risk Officer.
Popular, Inc. reported second quarter 2026 net income of $278 million, up 13% from the prior quarter and 32% from a year earlier, with diluted EPS of $4.35. Net interest income was $693 million and the net interest margin held at 3.66%, while non-interest income rose to $181 million. Return on average tangible common equity reached 17.02%, and the Common Equity Tier 1 capital ratio was 16.08%.
Total assets were $79.0 billion, loans held in portfolio $39.8 billion, and deposits $70.2 billion, including $22.7 billion of Puerto Rico public deposits. Credit metrics were mixed: the NPL ratio improved to 1.04%, but the NCO ratio increased to 1.05% due to a $71 million charge-off on a resolved commercial relationship; excluding this, the NCO ratio would have been 0.33%. The allowance for credit losses was $785 million, or 1.97% of loans.
Popular announced CEO Javier D. Ferrer will retire effective August 31, 2026, with CFO Jorge J. García becoming President and CEO on September 1, 2026 and new CFO and CRO appointments. The company also announced a planned 20% increase in the quarterly dividend to $0.90 per share, subject to board approval, and a new $1.0 billion share repurchase authorization after fully using its prior $500 million program. Full-year 2026 guidance was updated, including higher expected net interest income and non-interest income, a higher NCO range, slightly lower operating expense and tax-rate ranges, and loan growth at the low end of the prior target.
Popular, Inc. reported that a third-party provider, Evertec, Inc., suffered a cybersecurity incident that exposed certain data from Banco Popular de Puerto Rico customers. Compromised information includes debit card numbers and other personal details.
Popular is working with Evertec, has enhanced fraud monitoring, and will notify affected customers. It states its own systems were not accessed and it has contractual rights to be covered by Evertec for related losses and customary costs. Based on information available, Popular does not believe the incident is reasonably likely to have a material impact on its operations, financial condition, or results.
Popular, Inc. reported results of its Annual Meeting of Shareholders held on May 8, 2026. Shareholders approved amendments to the Restated Certificate of Incorporation and related Amended and Restated By-Laws that modernize indemnification provisions and provide director and officer exculpation to the extent permitted by Puerto Rico law.
All eleven director nominees were elected for one-year terms, advisory approval of executive compensation passed, and shareholders ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2026.
Popular, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.75 per share on its outstanding common stock. The dividend will be paid on July 1, 2026 to shareholders of record at the close of business on May 29, 2026.
Popular, Inc. reported strong first quarter 2026 results, with net income of $245.7 million and diluted EPS of $3.78, up from $233.9 million and $3.53 in the prior quarter and 48% higher EPS year-over-year.
Net interest income rose to $670.2 million, helped by lower deposit costs and higher U.S. Treasury income, lifting the net interest margin to 3.66%. Operating expenses declined to $467.3 million, while the provision for credit losses increased to $75.9 million as reserves were strengthened.
Asset quality remained solid: non‑performing loans fell to $458.1 million, or 1.17% of loans, although net charge‑offs rose to $60.0 million. Popular returned $204 million to shareholders through buybacks and dividends, repurchasing about 1.16 million shares, and delivered a 15.5% return on tangible common equity.
Popular, Inc. announced several executive leadership changes aligned with its new strategic framework. Manuel A. Chinea, currently Chief Operating Officer of Popular Bank, will become Executive Vice President and Chief Experience and Administration Services Officer of the Corporation, effective July 1, 2026.
In his new role, Mr. Chinea will oversee customer experience, human resources, corporate real estate and marketing. Israel Velasco, who has led Popular Bank’s Florida operations for 21 years, was appointed Executive Vice President and Head of U.S. Operations of Popular Bank, also effective July 1, 2026, joining the Senior Management Team. These appointments coincide with the planned retirement of Chief Administration Officer Eduardo J. Negrón on June 30, 2026, after a long senior leadership tenure.
Popular, Inc. announced that director Myrna M. Soto has decided not to stand for re-election when her current term ends at the 2026 Annual Meeting of Shareholders, scheduled for May 8, 2026. The company states that her decision is not due to any disagreement regarding operations, policies, or practices.
When her term ends, the Board of Directors will be reduced from twelve to eleven members, effective as of the 2026 Annual Meeting. This change reflects her planned retirement from the Board rather than a broader governance overhaul.
Popular, Inc. declared a quarterly cash dividend of $0.75 per share on its outstanding common stock. The Board of Directors approved the dividend on February 26, 2026.
The dividend is payable on April 1, 2026 to shareholders of record at the close of business on March 18, 2026. The announcement was made via a press release attached as an exhibit.
Popular, Inc. announced unaudited financial results for the quarter ended December 31, 2025, through a press release dated January 27, 2026. The company is also providing a presentation for its conference call discussing these fourth-quarter 2025 results.
Both the press release and the conference call presentation are furnished as exhibits to this current report and are specifically described as not being treated as filed or incorporated by reference into other securities law filings unless expressly stated there.