Nature of Operations

9 Months Ended

Sep. 30, 2024

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 U.S. and British Virgin Islands. In Puerto Rico, the Corporation provides retail, mortgage, and

commercial banking services, through its principal banking subsidiary, Banco Popular de Puerto Rico (“BPPR”), as well as broker-

dealer, auto and equipment leasing and financing, and insurance services through specialized subsidiaries. In the U.S. mainland,

the Corporation provides retail, mortgage, 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.