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Revenue from contracts with customers (Tables) | 9 Months Ended
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Sep. 30, 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 quarters and nine months ended September 30, 2024 and 2023. Quarter ended September 30, Nine months ended September 30, (In thousands) 2024 2024 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 35,699 $ 2,616 $ 105,770 $ 7,513 Other service fees: Debit card fees [1] 25,997 200 78,308 599 Insurance fees, excluding reinsurance 11,702 1,684 33,966 5,130 Credit card fees, excluding late fees and membership fees [1] 26,189 379 76,828 1,205 Sale and administration of investment products 8,387 - 23,664 - Trust fees 6,902 - 20,810 - Total revenue from contracts with customers [2] $ 114,876 $ 4,879 $ 339,346 $ 14,447 [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 nine month period ended September 30, 2024, interchange fees of approximately $ 22.2 million, corresponding to the first and second quarters were reclassified. [2] The amounts include intersegment transactions of $ 0.6 million and $ 3.9 million, respectively, for the quarter and nine months ended September 30, 2024. Quarter ended September 30, Nine months ended September 30, (In thousands) 2023 2023 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 34,740 $ 2,578 $ 102,145 $ 7,632 Other service fees: Debit card fees [1] 24,390 213 73,489 654 Insurance fees, excluding reinsurance 11,487 1,535 34,437 4,130 Credit card fees, excluding late fees and membership fees [1] 25,336 340 77,128 1,255 Sale and administration of investment products 6,820 - 19,454 - Trust fees 6,540 - 19,304 - Total revenue from contracts with customers [2] $ 109,313 $ 4,666 $ 325,957 $ 13,671 [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 quarter and nine month period ended September 30, 2023, interchange fees of approximately $ 11 million and $ 33.8 million were reclassified. [2] The amounts include intersegment transactions of $ 1.2 million and $ 5 million, respectively, for the quarter and nine months ended September 30, 2023.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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