XML 181 R166.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Segment reporting - Results of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Segment Reporting Information [Line Items]          
Net Interest income (expense) $ 568,312 $ 531,668 $ 1,119,056 $ 1,063,324  
Provision for credit losses (benefit) 46,794 37,192 119,392 84,829  
Non-interest Income 166,306 160,471 330,124 322,432  
Amortization of intangibles 734 795 1,529 1,590  
Depreciation expense 15,888 14,115 31,249 27,957  
Other operating expenses 452,954 445,374 919,911 871,424  
Income tax expense (benefit) 40,459 43,503 96,027 89,817  
Net income (loss) 177,789 151,160 281,072 310,139  
Segment assets 72,845,072 70,838,266 72,845,072 70,838,266 $ 70,758,155
Reportable Segment          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 574,596 540,577 1,132,290 1,080,484  
Provision for credit losses (benefit) 46,819 37,252 118,934 85,025  
Non-interest Income 158,354 149,557 311,087 303,276  
Amortization of intangibles 734 795 1,529 1,590  
Depreciation expense 15,521 13,760 30,473 27,243  
Other operating expenses 453,394 447,086 914,931 873,982  
Income tax expense (benefit) 41,529 44,153 74,191 90,961  
Net income (loss) 174,953 147,088 303,319 304,959  
Segment assets 72,488,107 70,499,794 72,488,107 70,499,794  
Reportable Segment | Banco Popular de Puerto Rico          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 488,745 453,075 961,586 902,895  
Provision for credit losses (benefit) 50,382 29,345 111,062 75,053  
Non-interest Income 152,354 143,804 298,023 291,275  
Amortization of intangibles 424 485 908 969  
Depreciation expense 13,317 11,875 26,326 23,544  
Other operating expenses 386,231 386,069 780,036 749,784  
Income tax expense (benefit) 33,540 37,303 62,746 80,135  
Net income (loss) 157,205 131,802 278,531 264,685  
Segment assets 58,464,408 58,392,177 58,464,408 58,392,177  
Reportable Segment | PB          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 85,851 87,502 170,704 177,588  
Provision for credit losses (benefit) (3,563) 7,907 7,872 9,972  
Non-interest Income 6,000 5,887 13,120 12,271  
Amortization of intangibles 310 310 621 621  
Depreciation expense 2,204 1,885 4,147 3,699  
Other operating expenses 67,163 61,151 134,951 124,468  
Income tax expense (benefit) 7,989 6,850 11,445 10,826  
Net income (loss) 17,748 15,286 24,788 40,273  
Segment assets 14,287,739 12,549,742 14,287,739 12,549,742  
Intersegment Elimination          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 0 0 0 1  
Provision for credit losses (benefit) 0 0 0 0  
Non-interest Income 0 (134) (56) (270)  
Amortization of intangibles 0 0 0 0  
Depreciation expense 0 0 0 0  
Other operating expenses 0 (134) (56) (270)  
Income tax expense (benefit) 0 0 0 0  
Net income (loss) 0 0 0 1  
Segment assets (264,040) (442,125) (264,040) (442,125)  
Corporate          
Segment Reporting Information [Line Items]          
Net Interest income (expense) (6,284) (8,909) (13,234) (17,160)  
Provision for credit losses (benefit) (25) (60) 458 (196)  
Non-interest Income 10,716 13,012 22,438 22,726  
Amortization of intangibles 0 0 0 0  
Depreciation expense 367 355 776 714  
Other operating expenses 784 (556) 7,395 (326)  
Income tax expense (benefit) (476) (289) 22,200 (610)  
Net income (loss) 3,782 4,653 (21,625) 5,984  
Segment assets 5,828,667 5,844,554 5,828,667 5,844,554  
Eliminations          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 0 0 0 0  
Provision for credit losses (benefit) 0 0 0 0  
Non-interest Income (2,764) (2,098) (3,401) (3,570)  
Amortization of intangibles 0 0 0 0  
Depreciation expense 0 0 0 0  
Other operating expenses (1,224) (1,156) (2,415) (2,232)  
Income tax expense (benefit) (594) (361) (364) (534)  
Net income (loss) (946) (581) (622) (804)  
Segment assets $ (5,471,702) $ (5,506,082) $ (5,471,702) $ (5,506,082)