<SEC-DOCUMENT>0001157523-19-001119.txt : 20190507
<SEC-HEADER>0001157523-19-001119.hdr.sgml : 20190507
<ACCEPTANCE-DATETIME>20190507114447
ACCESSION NUMBER:		0001157523-19-001119
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190507
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190507
DATE AS OF CHANGE:		20190507

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			POPULAR INC
		CENTRAL INDEX KEY:			0000763901
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				660667416
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34084
		FILM NUMBER:		19801988

	BUSINESS ADDRESS:	
		STREET 1:		209 MUNOZ RIVERA AVE
		STREET 2:		POPULAR CENTER BUILDING
		CITY:			HATO REY
		STATE:			PR
		ZIP:			00918
		BUSINESS PHONE:		7877659800

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 362708
		CITY:			SAN JUAN
		STATE:			PR
		ZIP:			00936-2708

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BANPONCE CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51980318.htm
<DESCRIPTION>POPULAR, INC. 8-K
<TEXT>
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      <font style="font-size: 18pt"><b>UNITED STATES </b></font><br><font style="font-size: 18pt"><b>SECURITIES
      AND EXCHANGE COMMISSION </b></font><br>Washington, D.C. 20549<b> </b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 18pt"><b>Form 8-K </b></font>
    </p>
    <p style="text-align: center">
      <b>CURRENT REPORT </b><br><b>Pursuant to Section 13 or 15(d) of the
      Securities Exchange Act of 1934 </b>
    </p>
    <p style="text-align: center">
      <b>Date of Report&#160;(Date of earliest event reported): <font style="font-family: Times New Roman; font-size: 10pt">May
      7, 2019</font></b><br><b> </b>
    </p>
    <p style="text-align: center">
      <u><font style="font-size: 24pt"><b>POPULAR, INC.</b></font></u><b><font style="font-size: 24pt">
      </font></b><br><i>(Exact name of registrant as specified in its charter)</i>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%">
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 33%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          <b>Puerto Rico</b>
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; width: 1%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; white-space: nowrap; border-bottom-width: 1.0pt; padding-right: 0.0px; width: 32%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          <b>001-34084</b>
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; width: 1%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; white-space: nowrap; border-bottom-width: 1.0pt; padding-right: 0.0px; width: 33%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          <b>66-0667416</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>(State or other jurisdiction of</i>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>incorporation or organization)</i>
          </p>
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="width: 32%; text-align: center; padding-left: 0.0px">
          <i>(Commission File Number)</i>
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>(IRS Employer Identification</i>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>Number)</i>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%">
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 50%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          <b>209 Mu&#241;oz Rivera Avenue</b>

          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Hato Rey, Puerto Rico</b>
          </p>
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; width: 1%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; white-space: nowrap; border-bottom-width: 1.0pt; padding-right: 0.0px; width: 49%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          <b>00918</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 50%; text-align: center; padding-left: 0.0px">
          <i>(Address of principal executive offices)</i>
        </td>
        <td valign="bottom" style="width: 1%; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="width: 49%; text-align: center; padding-left: 0.0px">
          <i>(Zip code)</i>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <b>(787) 765-9800</b>
    </p>
    <hr style="width: 100%; text-align: center; color: #000000; height: 2.0 pt">


    <p style="text-align: center">
      <i>(Registrant&#8217;s telephone number, including area code)</i>
    </p>
    <p style="text-align: center">
      <b>NOT APPLICABLE</b>
    </p>
    <hr style="width: 100%; text-align: center; color: #000000; height: 2.0 pt">


    <p style="text-align: center">
      <i>(Former name, former address and former fiscal year, if changed since
      last report)</i><b> </b>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions (</font><i><font style="font-family: Times New Roman; font-size: 10pt">see
      </font></i><font style="font-family: Times New Roman; font-size: 10pt">General
      Instruction A.2. below):</font>
    </p>
    <p style="font-size: 10pt; margin-left: 30.0px">
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      &#160;&#160;&#160;&#160;<font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      &#160;&#160;&#160;&#160;&#160;<font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      &#160;&#160;&#160;&#160;&#160;<font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      &#160;&#160;&#160;&#160;&#160;<font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p style="text-align: justify">
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (&#167; 230.405
      of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).
    </p>
    <p>
      Emerging growth company <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.&#160;&#160;<font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
    </p>
    <p style="text-align: justify">
      Securities registered pursuant to Section 12(b) of the Act:
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%">
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: left; border-bottom-style: solid; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 20%; text-align: left; border-bottom-style: solid; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: left; border-bottom-style: solid; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          Title of each class
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 20%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          Trading Symbol(s)
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          Name of each exchange on which registered
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: left; border-bottom-style: solid; padding-left: 0.0px">
          Common Stock ($0.01 par value)
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 20%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          BPOP
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          The NASDAQ Stock Market
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: left; border-bottom-style: solid; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            6.70% Cumulative Monthly Income
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Trust Preferred Securities
          </p>
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 20%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          BPOPN
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          The NASDAQ Stock Market
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: left; border-bottom-style: solid; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            6.125% Cumulative Monthly Income
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Trust Preferred Securities
          </p>
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 20%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          BPOPM
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 40%; text-align: center; border-bottom-style: solid; padding-left: 0.0px">
          The NASDAQ Stock Market
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-bottom: 10pt; width: 100%; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: justify">
      <b>Item 8.01. Other Events. </b>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      On May&#160;7, 2019, Popular, Inc. issued a press release announcing that its
      Board of Directors approved a quarterly cash dividend of $0.30 per share
      on its outstanding common stock. The dividend will be payable on July&#160;1,
      2019 to shareholders of record at the close of business on May&#160;28, 2019.
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      A copy of the press release is attached hereto as Exhibit 99.1 and
      incorporated herein by reference.
    </p>
    <p style="text-align: justify">
      <b>Item 9.01. Financial Statements and Exhibits. </b>
    </p>
    <p style="white-space: nowrap; text-align: justify; text-indent: 30.0px">
      <a href="a51980318ex99_1.htm">99.1</a>&#160;&#160;&#160;&#160;&#160;&#160;<a href="a51980318ex99_1.htm">Press
      release dated May 7, 2019.</a>
    </p>
    <p>

    </p>
    <div style="margin-bottom: 10pt; width: 100%; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u><b>SIGNATURE </b></u>
    </p>
    <p>
      Pursuant to the requirements of the Securities Exchange Act of 1934, as
      amended, the registrant has duly caused this report to be signed on its
      behalf by the undersigned hereunto duly authorized.
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%">
      <tr>
        <td style="width: 50%">

        </td>
        <td valign="top" style="width: 3%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 47%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>POPULAR, INC.</b></u>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Registrant)
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 47%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date: May 7, 2019
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; width: 3%; text-align: left; padding-left: 0.0px">
          By:
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-width: 1.0pt; width: 47%; text-align: left; border-bottom-style: solid; padding-left: 0.0px">
          <b>/s/ Javier D. Ferrer</b>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 47%; text-align: left; padding-left: 0.0px">
          Javier D. Ferrer
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 47%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Executive Vice President, Chief Legal Counsel and Secretary
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51980318ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Popular,
      Inc. Declares a Cash Dividend of $0.30 per Common Share</b></font>
    </p>
    <p>
      SAN JUAN, Puerto Rico--(BUSINESS WIRE)--May 7, 2019--Popular, Inc.
      (NASDAQ: BPOP) announced today that its Board of Directors has approved
      a quarterly cash dividend of $0.30 per share on its outstanding common
      stock. The dividend will be payable on July&#160;1, 2019 to shareholders of
      record at the close of business on May&#160;28, 2019.
    </p>
    <p>
      <b>About Popular, Inc.</b>
    </p>
    <p>
      Popular, Inc. is the leading financial institution in Puerto Rico, by
      both assets and deposits, and ranks among the top 50 U.S. bank holding
      companies by assets. Founded in 1893, Banco Popular de Puerto Rico,
      Popular&#8217;s principal subsidiary, provides retail, mortgage and commercial
      banking services in Puerto Rico and the U.S. Virgin Islands. Popular
      also offers in Puerto Rico auto and equipment leasing and financing,
      investment banking, broker-dealer and insurance services through
      specialized subsidiaries. In the mainland United States, Popular
      provides retail, mortgage and commercial banking services through its
      New York-chartered banking subsidiary, Popular Bank, which has branches
      located in New York, New Jersey and Florida.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>Popular, Inc.<br>Investor Relations:<br>Paul J. Cardillo,
      212-417-6721<br>Investor Relations Officer<br><u>pcardillo@popular.com</u><br>or<br>Media
      Relations:<br>Teruca Rull&#225;n, 787-281-5170 or 917-679-3596 (mobile)<br>Senior
      Vice President, Corporate Communications
    </p>
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