XML 277 R244.htm IDEA: XBRL DOCUMENT v3.24.0.1
Popular, Inc. (Holding company only) financial information (Statement of Operations) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income:      
Net gains (losses), including impairment, on equity securities $ 3,482 $ (7,334) $ 131
Expenses      
Interest expense 1,113,783 298,552 165,047
Provision for credit losses (benefit) 208,609 83,030 (193,464)
Income before income taxes and equity in undistributed earnings of subsidiaries 675,539 1,234,971 1,243,907
Income tax expense 134,197 132,330 309,018
Net income 541,342 1,102,641 934,889
Comprehensive income (loss), net of tax 1,170,739 (1,097,218) 419,829
Popular, Inc. Holding Co.      
Income:      
Dividends from subsidiaries 208,000 458,000 792,000
Interest income (includes $15,401 due from subsidiaries and affiliates (2022 - $680; 2021 - $828)) 17,715 2,846 4,303
Losses (earnings) from investments in equity method investees (84) 15,688 29,387
Other operating income 0 139,191 0
Net gains (losses), including impairment, on equity securities 2,012 (4,446) (525)
Total income 227,643 611,279 825,165
Expenses      
Interest expense 42,691 26,021 36,444
Provision for credit losses (benefit) (300) 274 (215)
Operating expense (includes expenses for services provided by subsidiaries and affiliate of $13,463 (2022 - $18,414 ; 2021 - $13,546)), net of reimbursement by subsidiaries for services provided by parent of $215,479 (2022 - $222,935 ; 2021 - $162,019) 924 223 5,432
Total expense 43,315 26,518 41,661
Income before income taxes and equity in undistributed earnings of subsidiaries 184,328 584,761 783,504
Income tax expense 0 8,723 352
Income before equity in undistributed earnings of subsidiaries 184,328 576,038 783,152
Equity in undistributed earnings of subsidiaries 357,014 526,603 151,737
Net income 541,342 1,102,641 934,889
Comprehensive income (loss), net of tax $ 1,170,739 $ (1,097,218) $ 419,829