XML 124 R91.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Segment reporting (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Table Text Block |
Results of Operations and Total Assets | December 31, 2023 Intersegment (In thousands) BPPR Popular U.S. Eliminations Net interest income $ 1,811,655 $ 350,645 $ 2 Provision for credit losses 194,325 14,584 - Non-interest income 586,677 24,868 (404) Amortization of intangibles 1,937 1,243 - Goodwill impairment charge - 23,000 - Depreciation expense 49,135 7,888 - Other operating expenses 1,563,571 254,253 (404) Income tax expense 117,412 18,198 - Net income $ 471,952 $ 56,347 $ 2 Segment assets $ 57,023,071 $ 13,812,158 $ (426,058) December 31, 2023 Reportable Total (In thousands) Segments Corporate Eliminations Popular, Inc. Net interest income (expense) $ 2,162,302 $ (30,778) $ - $ 2,131,524 Provision for credit losses (benefit) 208,909 (300) - 208,609 Non-interest income 611,141 44,410 (4,827) 650,724 Amortization of intangibles 3,180 - - 3,180 Goodwill impairment charge 23,000 - - 23,000 Depreciation expense 57,023 1,484 - 58,507 Other operating expenses 1,817,420 518 (4,525) 1,813,413 Income tax expense (benefit) 135,610 (1,333) (80) 134,197 Net income $ 528,301 $ 13,263 $ (222) $ 541,342 Segment assets $ 70,409,171 $ 5,607,833 $ (5,258,849) $ 70,758,155 December 31, 2022 Intersegment (In thousands) BPPR Popular U.S. Eliminations Net interest income $ 1,823,517 $ 372,988 $ 3 Provision for credit losses 70,304 12,452 - Non-interest income 680,276 31,958 (547) Amortization of intangibles 1,937 1,338 - Goodwill impairment charge - 9,000 - Depreciation expense 47,003 6,919 - Other operating expenses 1,454,187 230,136 (543) Income tax expense 148,351 (25,205) - Net income $ 782,011 $ 170,306 $ (1) Segment assets $ 56,190,260 $ 11,558,280 $ (421,781) December 31, 2022 Reportable Total (In thousands) Segments Corporate Eliminations Popular, Inc. Net interest income (expense) $ 2,196,508 $ (29,149) $ - $ 2,167,359 Provision for credit losses 82,756 274 - 83,030 Non-interest income 711,687 189,835 (4,460) 897,062 Amortization of intangibles 3,275 - - 3,275 Goodwill impairment charge 9,000 - - 9,000 Depreciation expense 53,922 1,185 - 55,107 Other operating expenses 1,683,780 80 (4,822) 1,679,038 Income tax expense 123,146 9,074 110 132,330 Net income $ 952,316 $ 150,073 $ 252 $ 1,102,641 Segment assets $ 67,326,759 $ 5,390,122 $ (5,078,964) $ 67,637,917 December 31, 2021 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 1,674,589 $ 321,154 $ 6 Provision for credit losses (benefit) (136,352) (56,897) - Non-interest income 565,310 24,518 (548) Amortization of intangibles 2,813 665 - Depreciation expense 46,539 7,415 - Other operating expenses 1,285,959 203,892 (544) Income tax expense 253,479 56,538 - Net income $ 787,461 $ 134,059 $ 2 Segment assets $ 64,336,681 $ 10,399,066 $ (31,528) December 31, 2021 Reportable Total (In thousands) Segments Corporate Eliminations Popular, Inc. Net interest income (expense) $ 1,995,749 $ (38,159) $ - $ 1,957,590 Provision for credit losses (benefit) (193,249) (215) - (193,464) Non-interest income 589,280 56,535 (3,687) 642,128 Amortization of intangibles 3,478 5,656 - 9,134 Depreciation expense 53,954 1,150 - 55,104 Other operating expenses 1,489,307 (545) (3,725) 1,485,037 Income tax expense (benefit) 310,017 (1,085) 86 309,018 Net income $ 921,522 $ 13,415 $ (48) $ 934,889 Segment assets $ 74,704,219 $ 5,458,718 $ (5,065,038) $ 75,097,899
Schedule Of Revenues And Selected Balance Sheet Information By Geographic Area | (In thousands) 2023 2022 2021 Revenues: [1] Puerto Rico $ 2,175,938 $ 2,505,988 $ 2,136,481 United States 518,805 480,545 390,201 Other 87,505 77,888 73,036 Total consolidated revenues $ 2,782,248 $ 3,064,421 $ 2,599,718 [1] Total revenues include net interest income, service charges on deposit accounts, other service fees, mortgage banking activities, net gain on sale of debt securities, net gain (loss), including impairment on equity securities, net profit (loss) on trading account debt securities, net loss on sale of loans, including valuation adjustments on loans held-for-sale, adjustments to indemnity reserves on loans sold, and other operating income. Selected Balance Sheet Information (In thousands) 2023 2022 2021 Puerto Rico Total assets $ 54,181,300 $ 53,541,427 $ 63,221,282 Loans 22,519,961 20,884,442 19,770,118 Deposits 51,282,007 51,138,790 57,211,608 United States Total assets $ 15,343,156 $ 12,718,775 $ 10,986,055 Loans 12,006,012 10,643,964 8,903,493 Deposits 10,643,602 8,182,702 7,777,232 Other Total assets $ 1,233,699 $ 1,377,715 $ 890,562 Loans 543,299 554,744 626,115 Deposits [1] 1,692,634 1,905,735 2,016,248 [1] Represents deposits from BPPR operations located in the U.S. and British Virgin Islands.

X
- Definition Tabular disclosure of revenues and selected balance sheet information from external customers by geographic areas. + References No definition available. + Details
Name: | bpop_ScheduleOfRevenuesAndSelectedBalanceSheetInformationByGeographicAreaTableTextBlock
Namespace Prefix: | bpop_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration