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Nature of Operations
9 Months Ended
Sep. 30, 2025
Nature of operation [Abstract]  
Nature of operations
Note 1 – Nature of Operations
Popular,
 
Inc. (the
 
“Corporation” or
 
“Popular”) is
 
a diversified,
 
publicly owned
 
financial holding
 
company subject
 
to the
 
supervision
and
 
regulation
 
of
 
the
 
Board
 
of
 
Governors
 
of
 
the
 
Federal
 
Reserve
 
System.
 
The
 
Corporation
 
has
 
operations
 
in
 
Puerto
 
Rico,
 
the
mainland United
 
States (“U.S.”)
 
and the
 
U.S. and
 
British Virgin
 
Islands. In
 
Puerto Rico,
 
the Corporation
 
provides retail,
 
mortgage,
and commercial
 
banking services,
 
and auto
 
and equipment
 
leasing and
 
financing through
 
its principal
 
banking subsidiary,
 
Banco
Popular
 
de
 
Puerto
 
Rico
 
(“BPPR”), as
 
well
 
as
 
broker-dealer and
 
insurance
 
services through
 
specialized subsidiaries.
 
In
 
the
 
U.S.
mainland, the Corporation provides retail and commercial
 
banking services, as well as equipment
 
leasing and financing, through its
New
 
York-chartered
 
banking
 
subsidiary,
 
Popular
 
Bank
 
(“PB”
 
or
 
“Popular U.S.”),
 
which
 
has
 
branches
 
located
 
in
 
New
 
York,
 
New
Jersey, and Florida.