Company: BPOPM
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001193125-25-043848
Chunk: 52

Company: POPULAR, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1A
Chunk 52
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 making available products or services, on the basis 
of social
credit scores
and certain
other factors.
In addition,
new laws
or regulations
could require
significant system
and process 
changes that require systems upgrades and could limit our ability to meet adoption timeframes or pursue our innovation
roadmap. If 
we do
not appropriately
comply with
current or
future laws
or regulations,
adapt to
the changing
interpretation of
existing laws
or 
regulations,
or
if
we
fail
to
meet
supervisory
expectations,
we
may
be
subject
to
fines,
penalties
or
judgements,
or
to
material 
regulatory restrictions on
our business, which could
also materially and
adversely affect our
business,
financial condition, liquidity, 
results of operations or capital position. 
In 2023, the federal
banking regulators proposed revisions to the
U.S. capital rules and new
long-term debt requirements 
for banking organizations with $100 billion or more in assets.
Higher capital requirements or new long-term debt requirements
could 
increase interest
and noninterest
expense for
banking organizations
subject to
those requirements.
In addition,
during 2023,
the 
federal banking regulators indicated that they are considering
revisions to liquidity requirements applicable to banking organizations 
with $100 billion or more in light of
the failures of three large banks in March and
May 2023.
Any such revisions could require large 

  31 
banks to change
the size and
composition of their
liquidity portfolios, which
could have adverse
effects on net
interest income and 
net interest margin.
These proposals
and anticipated
proposals reflect
a trend
of increasingly
stringent regulatory
requirements for
banking 
organizations
with assets
of
$100
billion
or
more,
relative
to
smaller
banking
organizations, as
well
as
less differentiation
in
the 
requirements applicable among banking organizations with $100 billion or more in assets.
Although Popular currently has less than 
$100
billion
in
assets,
actual, anticipated
or
potential changes
in
regulatory requirements
for
banking organizations
with at
least 
$100 billion in assets could
result in Popular deciding not to
pursue growth opportunities that would result
in its assets approaching