Every material Form 8-K POPULAR, INC. has filed with the SEC since August 20, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Popular, Inc. filed an 8-K updating its third-quarter 2026 results after a commercial borrower in the quick service restaurant industry substantially ceased operations and filed for Chapter 11 bankruptcy following the earnings release. The company recognized an additional $38 million provision for credit losses, lowering quarterly net income to $242.4 million from $266.3 million and diluted EPS to $3.83 from $4.21, and it raised its 2026 net charge-off guidance to 90 bps to 95 bps from 80 bps to 90 bps.
Q3 2026 net income of $242.4 million, down $23.9 million from the $266.3 million in the original earnings release.
Diluted EPS of $3.83 versus $4.21 as originally issued; up from $3.14 in the same quarter of 2025.
The company expects an additional fourth-quarter 2026 charge-off on the same relationship.
2026 net charge-off guidance raised to 90 bps to 95 bps from 80 bps to 90 bps; Common Equity Tier 1 ratio of 16.01%, down 5 bps.
Popular, Inc.'s Board of Directors approved a quarterly cash dividend of $0.90 per common share, announced October 23, 2026. The dividend is payable January 4, 2027 to shareholders of record at the close of business on November 13, 2026. The filing reports only the dividend declaration and does not include financial results.
Quarterly cash dividend of $0.90 per common share approved by the Board of Directors
Record date: close of business on November 13, 2026
Popular, Inc. reported third-quarter 2026 net income of $266 million, or $4.21 per diluted share, down from $278 million and $4.35 in the second quarter but up from $211 million and $3.14 a year earlier. The company raised its 2026 net charge-off guidance to 80-90 basis points from 55-70 basis points, while lowering its operating expense and effective tax rate guidance, so the outlook is mixed for shareholders.
Net income of $266 million vs. $278 million in Q2 2026 and $211 million in Q3 2025
Diluted EPS of $4.21 vs. $4.35 in Q2 2026 and $3.14 in Q3 2025
Full-year net charge-off guidance raised to 80-90 basis points from 55-70 basis points, citing year-to-date charge-offs and commercial NPL inflows
Full-year operating expense growth guidance lowered to 2% from 3%; effective tax rate guidance set at 14% vs. 15%-17% previously
Popular, Inc. has set compensation for its new President and Chief Executive Officer, Jorge J. García, and its new Executive Vice President and Chief Financial Officer, Lidio V. Soriano, with both appointments effective September 1, 2026. The filing shows a $1,150,000 base salary for García and a $670,000 base salary for Soriano, plus a one-time $977,833 restricted stock award to García, which is a fixed cost for shareholders to note in the company's executive pay.
Jorge J. García: base salary $1,150,000; target short-term cash incentive 135% of salary; target long-term equity incentive 325% of salary
García received a one-time Promotion Award of $977,833 in restricted stock, granted August 19, 2026
Lidio V. Soriano: base salary $670,000; target short-term cash incentive 80% of salary; target long-term equity incentive 120% of salary
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every POPULAR, INC. filing is on SEC EDGAR ↗. 8-K briefs of other companies →