v3.26.1
Fair value measurement - Assets and liabilities measured at fair value on a recurring basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Assets      
Debt securities available-for-sale $ 21,733,269 $ 20,574,972  
Mortgage servicing rights 94,232 96,356  
US Treasury Securities      
Assets      
Debt securities available-for-sale 17,038,041 15,723,454  
Collateralized Mortgage Obligations - Federal agencies      
Assets      
Debt securities available-for-sale 95,122 100,241  
Other      
Assets      
Debt securities available-for-sale 750 750  
Recurring      
Assets      
Debt securities available-for-sale 21,733,269 20,574,972  
Trading account debt securities, excluding derivatives 30,410 36,569  
Equity securities at fair value 52,333 51,484  
Mortgage servicing rights 94,232 96,356  
Loans held-for-sale 5,603 9,998  
Derivatives 23,956 27,913  
Total assets measured at fair value on a recurring basis 21,939,803 20,797,292  
Liabilities      
Derivatives (22,820) (25,740)  
Total (22,820) (25,740)  
Recurring | US Treasury Securities      
Assets      
Debt securities available-for-sale 17,038,041 15,723,454  
Trading account debt securities, excluding derivatives 4,140 12,460  
Recurring | Obligations of Puerto Rico, States and political subdivisions      
Assets      
Trading account debt securities, excluding derivatives 44 45  
Recurring | Collateralized Mortgage Obligations - Federal agencies      
Assets      
Debt securities available-for-sale 95,122 100,241  
Recurring | CMO      
Assets      
Trading account debt securities, excluding derivatives 550 567  
Recurring | Mortgage Backed Securities      
Assets      
Debt securities available-for-sale 4,599,356 4,750,527  
Trading account debt securities, excluding derivatives 25,581 23,398  
Recurring | Other      
Assets      
Debt securities available-for-sale 750 750  
Trading account debt securities, excluding derivatives 95 99  
Recurring | Level 1      
Assets      
Debt securities available-for-sale 6,996,073 6,576,313  
Trading account debt securities, excluding derivatives 3,790 12,450  
Equity securities at fair value 0 0  
Mortgage servicing rights 0 0  
Loans held-for-sale 0 0  
Derivatives 0 0  
Total assets measured at fair value on a recurring basis 6,999,863 6,588,763  
Liabilities      
Derivatives 0 0  
Total 0 0  
Recurring | Level 1 | US Treasury Securities      
Assets      
Debt securities available-for-sale 6,996,073 6,576,313  
Trading account debt securities, excluding derivatives 3,790 12,450  
Recurring | Level 1 | Obligations of Puerto Rico, States and political subdivisions      
Assets      
Trading account debt securities, excluding derivatives 0 0  
Recurring | Level 1 | Collateralized Mortgage Obligations - Federal agencies      
Assets      
Debt securities available-for-sale 0 0  
Recurring | Level 1 | CMO      
Assets      
Trading account debt securities, excluding derivatives 0 0  
Recurring | Level 1 | Mortgage Backed Securities      
Assets      
Debt securities available-for-sale 0 0  
Trading account debt securities, excluding derivatives 0 0  
Recurring | Level 1 | Other      
Assets      
Debt securities available-for-sale 0 0  
Trading account debt securities, excluding derivatives 0 0  
Recurring | Level 2      
Assets      
Debt securities available-for-sale 14,736,063 13,997,504  
Trading account debt securities, excluding derivatives 26,440 23,936  
Equity securities at fair value 51,198 50,632  
Mortgage servicing rights 0 0  
Loans held-for-sale 5,603 9,998  
Derivatives 23,956 27,913  
Total assets measured at fair value on a recurring basis 14,843,260 14,109,983  
Liabilities      
Derivatives (22,820) (25,740)  
Total (22,820) (25,740)  
Recurring | Level 2 | US Treasury Securities      
Assets      
Debt securities available-for-sale 10,041,968 9,147,141  
Trading account debt securities, excluding derivatives 350 10  
Recurring | Level 2 | Obligations of Puerto Rico, States and political subdivisions      
Assets      
Trading account debt securities, excluding derivatives 44 45  
Recurring | Level 2 | Collateralized Mortgage Obligations - Federal agencies      
Assets      
Debt securities available-for-sale 95,122 100,241  
Recurring | Level 2 | CMO      
Assets      
Trading account debt securities, excluding derivatives 550 567  
Recurring | Level 2 | Mortgage Backed Securities      
Assets      
Debt securities available-for-sale 4,598,973 4,750,122  
Trading account debt securities, excluding derivatives 25,496 23,314  
Recurring | Level 2 | Other      
Assets      
Debt securities available-for-sale 0 0  
Trading account debt securities, excluding derivatives 0 0  
Recurring | Level 3      
Assets      
Debt securities available-for-sale 1,133 1,155  
Trading account debt securities, excluding derivatives 180 183  
Equity securities at fair value 0 0  
Mortgage servicing rights 94,232 96,356  
Loans held-for-sale 0 0  
Derivatives 0 0  
Total assets measured at fair value on a recurring basis 95,545 97,694  
Liabilities      
Derivatives 0 0  
Total 0 0  
Recurring | Level 3 | US Treasury Securities      
Assets      
Debt securities available-for-sale 0 0  
Trading account debt securities, excluding derivatives 0 0  
Recurring | Level 3 | Obligations of Puerto Rico, States and political subdivisions      
Assets      
Trading account debt securities, excluding derivatives 0 0  
Recurring | Level 3 | Collateralized Mortgage Obligations - Federal agencies      
Assets      
Debt securities available-for-sale 0 0  
Recurring | Level 3 | CMO      
Assets      
Trading account debt securities, excluding derivatives 0 0  
Recurring | Level 3 | Mortgage Backed Securities      
Assets      
Debt securities available-for-sale 383 405  
Trading account debt securities, excluding derivatives 85 84  
Recurring | Level 3 | Other      
Assets      
Debt securities available-for-sale 750 750  
Trading account debt securities, excluding derivatives 95 99 $ 127
Recurring | NAV      
Assets      
Debt securities available-for-sale 0 0  
Trading account debt securities, excluding derivatives 0 0  
Equity securities at fair value 1,135 852  
Mortgage servicing rights 0 0  
Loans held-for-sale 0 0  
Derivatives 0 0  
Total assets measured at fair value on a recurring basis 1,135 852  
Liabilities      
Derivatives 0 0  
Total 0 0  
Recurring | NAV | US Treasury Securities      
Assets      
Debt securities available-for-sale 0 0  
Trading account debt securities, excluding derivatives 0 0  
Recurring | NAV | Obligations of Puerto Rico, States and political subdivisions      
Assets      
Trading account debt securities, excluding derivatives 0 0  
Recurring | NAV | Collateralized Mortgage Obligations - Federal agencies      
Assets      
Debt securities available-for-sale 0 0  
Recurring | NAV | CMO      
Assets      
Trading account debt securities, excluding derivatives 0 0  
Recurring | NAV | Mortgage Backed Securities      
Assets      
Debt securities available-for-sale 0 0  
Trading account debt securities, excluding derivatives 0 0  
Recurring | NAV | Other      
Assets      
Debt securities available-for-sale 0 0  
Trading account debt securities, excluding derivatives $ 0 $ 0