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Pay vs Performance Disclosure
 6 Months Ended 12 Months Ended
Dec. 31, 2025
Jun. 30, 2025
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Pay vs Performance Disclosure              
Pay vs Performance Disclosure, Table    
Pay Versus Performance
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between “compensation actually paid” to our CEO Javier Ferrer and former CEO Ignacio Alvarez and to our Non-CEO NEOs and certain financial performance of the Corporation. Compensation actually paid, as determined under SEC requirements, does not reflect the actual amount of compensation earned by or paid to our executive officers during a covered year. For further information concerning the Corporation’s pay-for-performance philosophy and how we align executive compensation with the Corporation’s performance, refer to the CD&A.
Pay Versus Performance Table
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal
Year
 
 
Summary
Compensation
Table Total for
Current CEO(i)
 
 
Summary
Compensation
Table Total for
Former
CEO(i)
 
 
Compensation
Actually
Paid
to Current
CEO(ii)
 
 
Compensation
Actually
Paid
to Former
CEO(ii)
 
 
Average
Summary
Compensation
Table Total for
Non-CEO
NEOs(i)
 
 
Average
Compensation
Actually
paid to
Non-CEO
NEOs(ii)
 
 
Value of Fixed $100
Investment Based on(iii):
 
 
Net
Income(iv)
($ in thousands)
 
 
Company
Selected
Measure:
ROTCE
adjusted(v)
 
 
Total
Shareholder
Return
 
 
Peer Group Total
Shareholder
Return
 
 
(a)
 
 
(b)
 
 
(c)
 
 
(d)
 
 
(e)
 
 
(f)
 
 
(g)
 
 
(h)
 
 
(i)
 
 
2025
 
 
$4,825,287
 
 
$7,062,984
 
 
$7,088,367
 
 
$11,378,580
 
 
$1,859,810
 
 
$2,830,443
 
 
$255.34
 
 
$149.11
 
 
$833,159
 
 
11.02%
 
 
2024
 
 
2,734,293
 
 
6,158,410
 
 
3,196,403
 
 
7,533,058
 
 
1,782,187
 
 
2,024,715
 
 
187.73
 
 
139.29
 
 
614,212
 
 
10.00%
 
 
2023
 
 
2,586,441
 
 
5,768,783
 
 
3,392,503
 
 
8,623,364
 
 
1,910,127
 
 
2,524,242
 
 
159.32
 
 
115.53
 
 
541,342
 
 
10.19%
 
 
2022
 
 
2,573,296
 
 
6,323,708
 
 
2,278,598
 
 
5,415,141
 
 
2,022,253
 
 
1,811,951
 
 
124.06
 
 
119.64
 
 
1,102,641
 
 
15.47%
 
 
2021
 
 
1,917,319
 
 
5,119,158
 
 
3,078,226
 
 
10,039,211
 
 
1,761,108
 
 
2,847,634
 
 
149.05
 
 
142.91
 
 
934,889
 
 
18.47%
 
(i)
On July 2025 Mr. Ferrer was appointed to CEO and from January 2021 through June 2025 our former CEO was
Mr. Alvarez. Non-CEO NEOs refers to our NEOs other than the CEO. For the years 2021, 2022 and 2023, the Non-CEO NEOs were: Messrs. C. Vázquez, J. Ferrer, L. Soriano, and M. Chinea. For 2024 the Non-CEO NEOs were: Messrs. J. García, C. Vázquez, J. Ferrer, L. Soriano and M. Chinea. For 2025, the Non-CEO NEOs were: Messrs. J. García, L. Soriano and M. Chinea and Ms. C. Burckhart.
(ii)
Fair value or change in fair value, as applicable, of equity awards in the “Compensation Actually Paid” columns was determined by reference to (1) for restricted stock awards, closing price on applicable year-end dates or, in the case of vesting dates, the actual vesting price, (2) for performance-based awards (excluding TSR Awards), the same valuation methodology as restricted stock awards above except year-end and vesting date values are multiplied by the probability of achievement as of each such date, and (3) for TSR-based performance awards, the fair value calculated by a Monte Carlo simulation model as of the applicable year-end date(s) or, in the case of vesting date, the actual vesting price and probability of achievement.
(iii)
The adjustments (exclusions and additions) made to the Summary Compensation Total (SCT) to calculate the Compensation Actually Paid (CAP) amount are the following:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current CEO
 
 
Former CEO
 
 
Non-CEO NEOs
 
 
 
 
 
Stock Awards
Excluded
from
SCT
 
 
Change in
Pension
Value
Excluded
from
SCT(a)
 
 
Value of Stock
Awards
Added to
CAP Amount(b)
 
 
Stock Awards
Excluded
from
SCT
 
 
Change in
Pension
Value
Excluded
from SCT(a)
 
 
Value of
Stock
Awards
Added
to CAP
Amount(b)
 
 
Average Stock
Awards
Excluded
from
SCT
 
 
Average Change
in Pension
Value
Excluded
from SCT(a)
 
 
Average Value
of Stock
Awards
Added to
CAP
Amount(b)
 
 
2025
 
 
$2,315,076
 
 
—
 
 
$4,578,156
 
 
$5,085,000
 
 
—
 
 
$9,400,596
 
 
$622,103
 
 
$883
 
 
$1,593,619
 
(a)
This column contains the required accounting representation of the annual change in present value of the pension benefit as of December 31st. No additional pension benefits were earned in 2025, as the Corporation’s defined benefit plans have been frozen since 2009. The 2025 increase for Non-CEO NEOs was mainly due to a decrease in the interest rates used for measuring plan liabilities. Present value for changes in pension value was determined using year-end Statement of Financial Accounting Standard Codification Topic 715 assumptions with the following exception: payments are assumed to begin at the earliest possible retirement date at which benefits are unreduced (age 55 with 10 years of service).
(b)
The amounts deducted or added in calculating the equity award adjustments are as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year
 
 
Year-end
fair value of
equity
awards
granted
during the
year
($)
 
 
Year over year
change in fair
value of
outstanding
and unvested
equity awards
($)
 
 
Fair value as
of vesting
date of
equity
awards
granted and
vested in the
year
($)(A)
 
 
Year over year
change in fair
value of
equity awards
granted in
prior years
that vested in
the year
($)
 
 
Fair value at
the end of the
prior year of
equity awards
that failed to
meet vesting
conditions in
the year
($)
 
 
Value of dividends
or other earnings
paid on stock or
option awards not
otherwise reflected
in fair value or
total
compensation
($)
 
 
Total equity
award
adjustments
($)(B)
 
 
Current CEO
 
 
2025
 
 
$2,964,730
 
 
$1,398,112
 
 
$54,327
 
 
$84,329
 
 
—
 
 
$76,659
 
 
$4,578,156
 
 
Former CEO
 
 
2025
 
 
6,122,524
 
 
2,496,853
 
 
—
 
 
626,127
 
 
—
 
 
155,092
 
 
9,400,596
 
 
Non-CEO NEOs
 
 
2025
 
 
867,514
 
 
625,365
 
 
31,265
 
 
33,749
 
 
—
 
 
35,726
 
 
1,593,619
 
(A)
The values in this column reflect the fair value of a portion of a restricted stock award that was vested and withheld upon the grant of such award to a retirement eligible NEO for purposes of satisfying applicable tax obligations of the retirement eligible NEO in connection with the restricted stock award.
(B)
The values shown in this column have been rounded to the nearest dollar.
(iv)
The peer group selected for TSR is the Nasdaq Bank Index, as reported in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
(v)
Adjusted Return on Tangible Common Equity (“ROTCE”) measures how well the Corporation’s management is using its capital from investors to generate profits. ROTCE is computed by dividing net earnings applicable to common shareholders by average tangible common shareholders’ equity. Goodwill, other intangible assets (i.e., intellectual property, licenses, patents, etc.), and unrealized gains and losses from available for sale and held to maturity investments are excluded from the equity calculation. The value derived from the foregoing calculation is adjusted for items that are non-recurring, unusual or not indicative of ongoing operations.
       
Company Selected Measure Name     Adjusted Return on Tangible Common Equity (“ROTCE”)        
Named Executive Officers, Footnote    
(i)
On July 2025 Mr. Ferrer was appointed to CEO and from January 2021 through June 2025 our former CEO was
Mr. Alvarez. Non-CEO NEOs refers to our NEOs other than the CEO. For the years 2021, 2022 and 2023, the Non-CEO NEOs were: Messrs. C. Vázquez, J. Ferrer, L. Soriano, and M. Chinea. For 2024 the Non-CEO NEOs were: Messrs. J. García, C. Vázquez, J. Ferrer, L. Soriano and M. Chinea. For 2025, the Non-CEO NEOs were: Messrs. J. García, L. Soriano and M. Chinea and Ms. C. Burckhart.
       
Peer Group Issuers, Footnote    
(iv)
The peer group selected for TSR is the Nasdaq Bank Index, as reported in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
       
Adjustment To PEO Compensation, Footnote    
(iii)
The adjustments (exclusions and additions) made to the Summary Compensation Total (SCT) to calculate the Compensation Actually Paid (CAP) amount are the following:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current CEO
 
 
Former CEO
 
 
Non-CEO NEOs
 
 
 
 
 
Stock Awards
Excluded
from
SCT
 
 
Change in
Pension
Value
Excluded
from
SCT(a)
 
 
Value of Stock
Awards
Added to
CAP Amount(b)
 
 
Stock Awards
Excluded
from
SCT
 
 
Change in
Pension
Value
Excluded
from SCT(a)
 
 
Value of
Stock
Awards
Added
to CAP
Amount(b)
 
 
Average Stock
Awards
Excluded
from
SCT
 
 
Average Change
in Pension
Value
Excluded
from SCT(a)
 
 
Average Value
of Stock
Awards
Added to
CAP
Amount(b)
 
 
2025
 
 
$2,315,076
 
 
—
 
 
$4,578,156
 
 
$5,085,000
 
 
—
 
 
$9,400,596
 
 
$622,103
 
 
$883
 
 
$1,593,619
 
(a)
This column contains the required accounting representation of the annual change in present value of the pension benefit as of December 31st. No additional pension benefits were earned in 2025, as the Corporation’s defined benefit plans have been frozen since 2009. The 2025 increase for Non-CEO NEOs was mainly due to a decrease in the interest rates used for measuring plan liabilities. Present value for changes in pension value was determined using year-end Statement of Financial Accounting Standard Codification Topic 715 assumptions with the following exception: payments are assumed to begin at the earliest possible retirement date at which benefits are unreduced (age 55 with 10 years of service).
(b)
The amounts deducted or added in calculating the equity award adjustments are as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year
 
 
Year-end
fair value of
equity
awards
granted
during the
year
($)
 
 
Year over year
change in fair
value of
outstanding
and unvested
equity awards
($)
 
 
Fair value as
of vesting
date of
equity
awards
granted and
vested in the
year
($)(A)
 
 
Year over year
change in fair
value of
equity awards
granted in
prior years
that vested in
the year
($)
 
 
Fair value at
the end of the
prior year of
equity awards
that failed to
meet vesting
conditions in
the year
($)
 
 
Value of dividends
or other earnings
paid on stock or
option awards not
otherwise reflected
in fair value or
total
compensation
($)
 
 
Total equity
award
adjustments
($)(B)
 
 
Current CEO
 
 
2025
 
 
$2,964,730
 
 
$1,398,112
 
 
$54,327
 
 
$84,329
 
 
—
 
 
$76,659
 
 
$4,578,156
 
 
Former CEO
 
 
2025
 
 
6,122,524
 
 
2,496,853
 
 
—
 
 
626,127
 
 
—
 
 
155,092
 
 
9,400,596
 
 
Non-CEO NEOs
 
 
2025
 
 
867,514
 
 
625,365
 
 
31,265
 
 
33,749
 
 
—
 
 
35,726
 
 
1,593,619
 
(A)
The values in this column reflect the fair value of a portion of a restricted stock award that was vested and withheld upon the grant of such award to a retirement eligible NEO for purposes of satisfying applicable tax obligations of the retirement eligible NEO in connection with the restricted stock award.
(B)
The values shown in this column have been rounded to the nearest dollar.
       
Non-PEO NEO Average Total Compensation Amount     $ 1,859,810 $ 1,782,187 $ 1,910,127 $ 2,022,253 $ 1,761,108
Non-PEO NEO Average Compensation Actually Paid Amount     $ 2,830,443 2,024,715 2,524,242 1,811,951 2,847,634
Adjustment to Non-PEO NEO Compensation Footnote    
(iii)
The adjustments (exclusions and additions) made to the Summary Compensation Total (SCT) to calculate the Compensation Actually Paid (CAP) amount are the following:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current CEO
 
 
Former CEO
 
 
Non-CEO NEOs
 
 
 
 
 
Stock Awards
Excluded
from
SCT
 
 
Change in
Pension
Value
Excluded
from
SCT(a)
 
 
Value of Stock
Awards
Added to
CAP Amount(b)
 
 
Stock Awards
Excluded
from
SCT
 
 
Change in
Pension
Value
Excluded
from SCT(a)
 
 
Value of
Stock
Awards
Added
to CAP
Amount(b)
 
 
Average Stock
Awards
Excluded
from
SCT
 
 
Average Change
in Pension
Value
Excluded
from SCT(a)
 
 
Average Value
of Stock
Awards
Added to
CAP
Amount(b)
 
 
2025
 
 
$2,315,076
 
 
—
 
 
$4,578,156
 
 
$5,085,000
 
 
—
 
 
$9,400,596
 
 
$622,103
 
 
$883
 
 
$1,593,619
 
(a)
This column contains the required accounting representation of the annual change in present value of the pension benefit as of December 31st. No additional pension benefits were earned in 2025, as the Corporation’s defined benefit plans have been frozen since 2009. The 2025 increase for Non-CEO NEOs was mainly due to a decrease in the interest rates used for measuring plan liabilities. Present value for changes in pension value was determined using year-end Statement of Financial Accounting Standard Codification Topic 715 assumptions with the following exception: payments are assumed to begin at the earliest possible retirement date at which benefits are unreduced (age 55 with 10 years of service).
(b)
The amounts deducted or added in calculating the equity award adjustments are as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year
 
 
Year-end
fair value of
equity
awards
granted
during the
year
($)
 
 
Year over year
change in fair
value of
outstanding
and unvested
equity awards
($)
 
 
Fair value as
of vesting
date of
equity
awards
granted and
vested in the
year
($)(A)
 
 
Year over year
change in fair
value of
equity awards
granted in
prior years
that vested in
the year
($)
 
 
Fair value at
the end of the
prior year of
equity awards
that failed to
meet vesting
conditions in
the year
($)
 
 
Value of dividends
or other earnings
paid on stock or
option awards not
otherwise reflected
in fair value or
total
compensation
($)
 
 
Total equity
award
adjustments
($)(B)
 
 
Current CEO
 
 
2025
 
 
$2,964,730
 
 
$1,398,112
 
 
$54,327
 
 
$84,329
 
 
—
 
 
$76,659
 
 
$4,578,156
 
 
Former CEO
 
 
2025
 
 
6,122,524
 
 
2,496,853
 
 
—
 
 
626,127
 
 
—
 
 
155,092
 
 
9,400,596
 
 
Non-CEO NEOs
 
 
2025
 
 
867,514
 
 
625,365
 
 
31,265
 
 
33,749
 
 
—
 
 
35,726
 
 
1,593,619
 
(A)
The values in this column reflect the fair value of a portion of a restricted stock award that was vested and withheld upon the grant of such award to a retirement eligible NEO for purposes of satisfying applicable tax obligations of the retirement eligible NEO in connection with the restricted stock award.
(B)
The values shown in this column have been rounded to the nearest dollar.
       
Compensation Actually Paid vs. Total Shareholder Return    
Compensation Actually Paid vs. TSR
The graph below compares the Corporation's cumulative TSR to that of the Nasdaq Bank Index, assuming an initial $100 investment on December 31, 2020 and the value at the end of 2021, 2022, 2023, 2024 and 2025, based on the respective stock prices and reinvestment of dividends. In addition, the graph below describes the 5-year (2021-2025) relationship between the current CEO, former CEO and other Non-CEO NEOs compensation actually paid and the Corporation’s TSR.
        
Compensation Actually Paid vs. Net Income    
Compensation Actually Paid vs. Net Income
The graph below describes the 5-year (2021-2025) relationship between the current CEO, former CEO and other Non-CEO NEOs’ compensation actually paid and the Corporation’s net income.
        
Compensation Actually Paid vs. Company Selected Measure    
Compensation Actually Paid vs. ROTCE (adjusted)
The graph below describes the 5-year (2021-2025) relationship between the current CEO, former CEO and other Non-CEO NEOs’ compensation actually paid and the Corporation’s adjusted ROTCE.
        
Total Shareholder Return Vs Peer Group    
Compensation Actually Paid vs. TSR
The graph below compares the Corporation's cumulative TSR to that of the Nasdaq Bank Index, assuming an initial $100 investment on December 31, 2020 and the value at the end of 2021, 2022, 2023, 2024 and 2025, based on the respective stock prices and reinvestment of dividends. In addition, the graph below describes the 5-year (2021-2025) relationship between the current CEO, former CEO and other Non-CEO NEOs compensation actually paid and the Corporation’s TSR.
        
Tabular List, Table    
The following were the most important financial performance measures, as determined by the Corporation, that link compensation actually paid to our current CEO, former CEO and Non-CEO NEOs to the Corporation’s performance for the most recently completed fiscal year:
 
 
 
 
 
 
 
 
 
 
 
 
 
Most Important Performance Measures
 
 
 
 
 
 
 
 
Net Income
 
 
 
 
 
 
 
 
Total Shareholder Return (TSR)
 
 
 
 
 
 
 
 
Return on Tangible Common Equity
 (ROTCE – adjusted) 
 
 
 
 
 
 
 
        
Total Shareholder Return Amount     $ 255.34 187.73 159.32 124.06 149.05
Peer Group Total Shareholder Return Amount     149.11 139.29 115.53 119.64 142.91
Net Income (Loss)     $ 833,159,000 $ 614,212,000 $ 541,342,000 $ 1,102,641,000 $ 934,889,000
Company Selected Measure Amount     0.1102 0.10 0.1019 0.1547 0.1847
PEO Name Mr. Ferrer Mr. Alvarez   Mr. Alvarez Mr. Alvarez Mr. Alvarez Mr. Alvarez
Equity Awards Adjustments, Footnote    
(b)
The amounts deducted or added in calculating the equity award adjustments are as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year
 
 
Year-end
fair value of
equity
awards
granted
during the
year
($)
 
 
Year over year
change in fair
value of
outstanding
and unvested
equity awards
($)
 
 
Fair value as
of vesting
date of
equity
awards
granted and
vested in the
year
($)(A)
 
 
Year over year
change in fair
value of
equity awards
granted in
prior years
that vested in
the year
($)
 
 
Fair value at
the end of the
prior year of
equity awards
that failed to
meet vesting
conditions in
the year
($)
 
 
Value of dividends
or other earnings
paid on stock or
option awards not
otherwise reflected
in fair value or
total
compensation
($)
 
 
Total equity
award
adjustments
($)(B)
 
 
Current CEO
 
 
2025
 
 
$2,964,730
 
 
$1,398,112
 
 
$54,327
 
 
$84,329
 
 
—
 
 
$76,659
 
 
$4,578,156
 
 
Former CEO
 
 
2025
 
 
6,122,524
 
 
2,496,853
 
 
—
 
 
626,127
 
 
—
 
 
155,092
 
 
9,400,596
 
 
Non-CEO NEOs
 
 
2025
 
 
867,514
 
 
625,365
 
 
31,265
 
 
33,749
 
 
—
 
 
35,726
 
 
1,593,619
 
(A)
The values in this column reflect the fair value of a portion of a restricted stock award that was vested and withheld upon the grant of such award to a retirement eligible NEO for purposes of satisfying applicable tax obligations of the retirement eligible NEO in connection with the restricted stock award.
(B)
The values shown in this column have been rounded to the nearest dollar.
       
Unreduced Benefit Age     55 years        
Period of Services for Unreduced Benefit     10 years        
Measure:: 1              
Pay vs Performance Disclosure              
Name     Net Income        
Measure:: 2              
Pay vs Performance Disclosure              
Name     Total Shareholder Return (TSR)        
Measure:: 3              
Pay vs Performance Disclosure              
Name     Return on Tangible Common Equity  (ROTCE – adjusted)        
Non-GAAP Measure Description    
(v)
Adjusted Return on Tangible Common Equity (“ROTCE”) measures how well the Corporation’s management is using its capital from investors to generate profits. ROTCE is computed by dividing net earnings applicable to common shareholders by average tangible common shareholders’ equity. Goodwill, other intangible assets (i.e., intellectual property, licenses, patents, etc.), and unrealized gains and losses from available for sale and held to maturity investments are excluded from the equity calculation. The value derived from the foregoing calculation is adjusted for items that are non-recurring, unusual or not indicative of ongoing operations.
       
Javier D. Ferrer [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount     $ 4,825,287 $ 2,734,293 $ 2,586,441 $ 2,573,296 $ 1,917,319
PEO Actually Paid Compensation Amount     7,088,367 3,196,403 3,392,503 2,278,598 3,078,226
Ignacio Alvarez [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount     7,062,984 6,158,410 5,768,783 6,323,708 5,119,158
PEO Actually Paid Compensation Amount     11,378,580 $ 7,533,058 $ 8,623,364 $ 5,415,141 $ 10,039,211
PEO | Javier D. Ferrer [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Javier D. Ferrer [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (2,315,076)        
PEO | Javier D. Ferrer [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     4,578,156        
PEO | Javier D. Ferrer [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     2,964,730        
PEO | Javier D. Ferrer [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     1,398,112        
PEO | Javier D. Ferrer [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     54,327        
PEO | Javier D. Ferrer [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     84,329        
PEO | Javier D. Ferrer [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Javier D. Ferrer [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     76,659        
PEO | Ignacio Alvarez [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Ignacio Alvarez [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (5,085,000)        
PEO | Ignacio Alvarez [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     9,400,596        
PEO | Ignacio Alvarez [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     6,122,524        
PEO | Ignacio Alvarez [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     2,496,853        
PEO | Ignacio Alvarez [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Ignacio Alvarez [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     626,127        
PEO | Ignacio Alvarez [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Ignacio Alvarez [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     155,092        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (883)        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (622,103)        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     1,593,619        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     867,514        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     625,365        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     31,265        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     33,749        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     $ 35,726