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BPOP 8-K: SEC filing

Popular, Inc.

Filed with the SEC on · accession 0001193125-26-452671

BPOP filed a 8-K (current report) with the SEC on Nov 9, 2026. Popular, Inc. disclosed that a quick service restaurant borrower with a commercial and industrial loan relationship substantially ceased operations and filed for Chapter 11 bankruptcy, prompting an additional $38 million provision for credit losses for Q3 2026 and an expected additional charge-off…

Summary of the filing

Popular, Inc. disclosed that a quick service restaurant borrower with a commercial and industrial loan relationship substantially ceased operations and filed for Chapter 11 bankruptcy, prompting an additional $38 million provision for credit losses for Q3 2026 and an expected additional charge-off in Q4 2026.

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Key details

Additional provision for credit losses$38.0M
Updated provision for credit losses for Q3 2026$96.7M
Net income reduction$23.9M
RegistrantPopular, Inc.
SubsidiaryBanco Popular de Puerto Rico

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Frequently asked questions

What did BPOP file with the SEC on Nov 9, 2026?

BPOP filed a 8-K (SEC filing). Popular, Inc. disclosed that a quick service restaurant borrower with a commercial and industrial loan relationship substantially ceased operations and filed for Chapter 11 bankruptcy, prompting an additional $38 million provision for credit losses for Q3 2026 and an expected additional charge-off in Q4 2026.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

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