POPULAR, INC. Pay versus Performance
The Pay versus Performance table from each proxy statement (Item 402(v)), as tagged in its XBRL, newest proxy first. Each proxy's own figures are kept, so a year restated in a later proxy appears once per proxy. PEO is the principal executive officer; NEO means the other named executive officers (average). Total shareholder return is the value of a $100 investment.
- 2025-12-31: PEO Mr. Ferrer; Other NEO average total compensation $1.86M.
- 2024-12-31: PEO Mr. Alvarez; Other NEO average total compensation $1.78M.
- 2023-12-31: PEO Mr. Alvarez; Other NEO average total compensation $1.91M.
- 2022-12-31: PEO Mr. Alvarez; Other NEO average total compensation $2.02M.
| Fiscal year end | PEO | PEO total compensation | PEO compensation actually paid | Other NEO average total compensation | Other NEO average compensation actually paid | Total shareholder return | Peer group total shareholder return | Net income | Company-selected measure | Proxy filed |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | Mr. Ferrer | $1.86M | $2.83M | $255.34 | $149.11 | $833.16M | Adjusted Return on Tangible Common Equity (“ROTCE”) $0.11 | 2026-03-24 | ||
| 2024-12-31 | Mr. Alvarez | $1.78M | $2.02M | $187.73 | $139.29 | $614.21M | $0.10 | 2026-03-24 | ||
| 2023-12-31 | Mr. Alvarez | $1.91M | $2.52M | $159.32 | $115.53 | $541.34M | $0.10 | 2026-03-24 | ||
| 2022-12-31 | Mr. Alvarez | $2.02M | $1.81M | $124.06 | $119.64 | $1.10B | $0.15 | 2026-03-24 | ||
| 2021-12-31 | Mr. Alvarez | $1.76M | $2.85M | $149.05 | $142.91 | $934.89M | $0.18 | 2026-03-24 | ||
| 2024-12-31 | Mr. Alvarez | $6.16M | $7.53M | $1.78M | $2.02M | $188.04 | $128.83 | $614.21M | Adjusted Return on Average Tangible Common Equity (“ROATCE”) $0.10 | 2025-03-25 |
| 2023-12-31 | Mr. Alvarez | $5.77M | $8.62M | $1.91M | $2.52M | $159.58 | $106.87 | $541.34M | $0.10 | 2025-03-25 |
| 2022-12-31 | Mr. Alvarez | $6.32M | $5.42M | $2.02M | $1.81M | $124.26 | $110.67 | $1.10B | $0.15 | 2025-03-25 |
| 2021-12-31 | Mr. Alvarez | $5.12M | $10.04M | $1.76M | $2.85M | $149.29 | $132.19 | $934.89M | $0.18 | 2025-03-25 |
| 2020-12-31 | Mr. Alvarez | $4.78M | $4.61M | $1.57M | $1.42M | $100.16 | $92.50 | $506.62M | $0.11 | 2025-03-25 |
| 2023-12-31 | Mr. Alvarez | $5.77M | $8.62M | $1.91M | $2.52M | $159.58 | $106.87 | $541.34M | Adjusted Return on Average Tangible Common Equity (“ROATCE”) $0.10 | 2024-03-27 |
| 2022-12-31 | Mr. Alvarez | $6.32M | $5.42M | $2.02M | $1.81M | $124.26 | $110.67 | $1.10B | $0.15 | 2024-03-27 |
| 2021-12-31 | Mr. Alvarez | $5.12M | $10.04M | $1.76M | $2.85M | $149.29 | $132.19 | $934.89M | $0.18 | 2024-03-27 |
| 2020-12-31 | Mr. Alvarez | $4.78M | $4.61M | $1.57M | $1.42M | $100.16 | $92.50 | $506.62M | $0.11 | 2024-03-27 |
| 2022-12-31 | Mr. Alvarez | $6.32M | $5.42M | $2.02M | $1.81M | $124.26 | $110.67 | $1.10B | ROATCE adjusted $15.47 | 2023-03-29 |
| 2021-12-31 | Mr. Alvarez | $5.12M | $10.04M | $1.76M | $2.85M | $149.29 | $132.19 | $934.89M | $18.47 | 2023-03-29 |
| 2020-12-31 | Mr. Alvarez | $4.78M | $4.61M | $1.57M | $1.42M | $100.16 | $92.50 | $506.62M | $10.90 | 2023-03-29 |