XML 43 R23.htm IDEA: XBRL DOCUMENT
v3.25.1

Goodwill and other intangible assets | 3 Months Ended
--- | ---
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure |
Goodwill And Other Intangible Assets | Note 13 – Goodwill and other intangible assets Goodwill There were no changes in the carrying amount of goodwill for the quarters ended March 31, 2025 and 2024. The following tables present the gross amount of goodwill and accumulated impairment losses by reportable segment: March 31, 2025 Balance at Balance at March 31, Accumulated March 31, 2025 impairment 2025 (In thousands) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 438,710 $ 3,801 $ 434,909 Popular U.S. 564,456 196,411 368,045 Total Popular, Inc. $ 1,003,166 $ 200,212 $ 802,954 December 31, 2024 Balance at Balance at December 31, Accumulated December 31, 2024 impairment 2024 (In thousands) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 438,710 $ 3,801 $ 434,909 Popular U.S. 564,456 196,411 368,045 Total Popular, Inc. $ 1,003,166 $ 200,212 $ 802,954 Other Intangible Assets The following table reflects the components of other intangible assets subject to amortization: Gross Carrying Accumulated Net Carrying (In thousands) Amount Amortization Value March 31, 2025 Core deposits $ 12,810 $ 12,810 $ - Other customer relationships 14,286 8,818 5,468 Total other intangible assets $ 27,096 $ 21,628 $ 5,468 December 31, 2024 Core deposits $ 12,810 $ 12,595 $ 215 Other customer relationships 14,286 8,435 5,851 Total other intangible assets $ 27,096 $ 21,030 $ 6,066 During the quarter ended March 31, 2025, the Corporation recognized $ 0.6 million in amortization expense related to intangible assets with definite useful lives (March 31, 2024 - $ 0.8 million). The following table presents the estimated amortization of the intangible assets with definite useful lives for each of the following periods: (In thousands) Remaining 2025 $ 1,152 Year 2026 1,440 Year 2027 959 Year 2028 959 Year 2029 958

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

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration