v3.26.1
Nature of Operations
3 Months Ended
Mar. 31, 2026
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,
 
as well
 
as
 
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.