Revenue from contracts with customers (Tables)

12 Months Ended

Dec. 31, 2024

Revenue From Contract With Customer Abstract

Disaggregation Of Revenue [Table Text Block]

The following table presents the Corporation’s revenue streams from contracts with customers by reportable segment for the years

ended December 31, 2024, 2023 and 2022.

Years ended December 31,

(In thousands)

2024

2023

2022

BPPR

Popular U.S.

BPPR

Popular U.S.

BPPR

Popular U.S.

Service charges on deposit accounts

$

141,240

$

10,103

$

137,297

$

10,179

$

146,073

$

11,137

Other service fees:

Debit card fees

[1]

105,017

793

98,779

853

92,633

876

Insurance fees, excluding reinsurance

44,808

6,946

46,903

5,602

40,545

5,018

Credit card fees, excluding late fees and membership fees

[1]

102,849

1,587

102,214

1,597

92,959

1,275

Sale and administration of investment products

33,213

-

26,316

-

23,553

-

Trust fees

27,659

-

26,160

-

23,614

-

Total revenue from contracts with customers

[2]

$

454,786

$

19,429

$

437,669

$

18,231

$

419,377

$

18,306

[1] Effective in the third quarter of 2024, the Corporation reclassified certain interchange fees, which were previously included jointly with credit card

fees from common network activity, as debit card fees. For the year ended December 31, 2024, these interchange fees were approximately $

45.5

million, which include approximately $

22.2

 million corresponding to the first and second quarters of 2024 which were reclassified. For the years

ended December 31, 2023 and 2022, interchange fees of approximately $

45.3

 and $

43.3

 million were reclassified, respectively.

[2] The amounts include intersegment transactions of $

4.5

 million, $

5

.0 million and $

5

.0 million, respectively, for the years ended December 31,

2024, 2023 and 2022.