Segment reporting (Tables) |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Table Text Block | |
| Results of Operations and Total Assets | 2026 For the quarter ended March 31, 2026 Intersegment (In thousands) BPPR Popular U.S. Eliminations Interest income $ 748,501 $ 198,248 $ - Interest expense 180,555 86,541 - Net interest income 567,946 111,707 - Provision for credit losses 73,533 2,383 - Non-interest income 144,777 7,952 (21) Personnel costs 152,634 25,147 (21) Professional fees 11,966 2,649 - Technology and 65,721 9,534 - Processing and transactional services 38,457 607 - Amortization of intangibles 240 144 - Depreciation expense 10,966 2,189 - Other operating expenses [1] 122,325 25,289 - Total operating 402,309 65,559 (21) Income before income tax 236,881 51,717 - Income tax expense 32,511 14,752 - Net income $ 204,370 $ 36,965 $ - Segment assets $ 60,785,767 $ 14,953,476 $ (49,214) For the quarter ended March 31, 2026 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Interest income $ 946,749 $ 1,326 $ (859) $ 947,216 Interest expense 267,096 10,799 (859) 277,036 Net interest income (expense) 679,653 (9,473) - 670,180 Provision for credit losses (benefit) 75,916 (30) - 75,886 Non-interest income 152,708 13,844 (926) 165,626 Personnel costs 177,760 38,338 (29) 216,069 Professional fees 14,615 11,347 (409) 25,553 Technology and 75,255 13,884 - 89,139 Processing and transactional services 39,064 23 - 39,087 Amortization of intangibles 384 - - 384 Depreciation expense 13,155 383 - 13,538 Other operating expenses [1] 147,614 (63,662) (412) 83,540 Total operating 467,847 313 (850) 467,310 Income before income tax 288,598 4,088 (76) 292,610 Income tax expense 47,263 (327) - 46,936 Net income $ 241,335 $ 4,415 $ (76) $ 245,674 Segment assets $ 75,690,029 $ 5,797,656 $ (5,356,667) $ 76,131,018 [1] Other operating expenses includes net occupancy expenses, communications expense, business promotion expenses, deposit 2025 For the quarter ended March 31, 2025 Intersegment (In thousands) BPPR Eliminations Interest income $ 731,888 $ 186,392 $ (1,681) Interest expense 209,996 93,450 (1,681) Net interest income 521,892 92,942 - Provision for credit losses (benefit) 53,512 10,610 - Non-interest income 137,505 6,143 - Personnel costs 151,284 25,442 - Professional fees 13,059 2,739 - Technology and 64,151 10,088 - Processing and transactional services 37,179 597 - Amortization of intangibles 342 255 - Depreciation expense 9,694 2,197 - Other operating expenses [1] 128,754 25,619 - Total operating 404,463 66,937 - Income before income tax 201,422 21,538 - Income tax expense 35,443 6,722 - Net income $ 165,979 $ 14,816 $ - Segment assets $ 59,288,907 $ 14,529,602 $ (166,540) For the quarter ended March 31, 2025 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Interest income 916,599 1,536 (1,137) 916,998 Interest expense 301,765 10,773 (1,137) 311,401 Net interest income (expense) $ 614,834 $ (9,237) $ - $ 605,597 Provision for credit losses (benefit) 64,122 (41) - 64,081 Non-interest income 143,648 9,029 (616) 152,061 Personnel costs 176,726 35,987 - 212,713 Professional fees 15,798 11,357 (330) 26,825 Technology and 74,239 9,429 - 83,668 Processing and transactional services 37,776 5 - 37,781 Amortization of intangibles 597 - - 597 Depreciation expense 11,891 389 - 12,280 Other operating expenses [1] 154,373 (56,402) (823) 97,148 Total operating 471,400 765 (1,153) 471,012 Income before income tax 222,960 (932) 537 222,565 Income tax expense (benefit) 42,165 2,675 223 45,063 Net income $ 180,795 $ (3,607) $ 314 $ 177,502 Segment assets $ 73,651,969 $ 5,906,249 $ (5,519,612) $ 74,038,606 [1] Other operating expenses includes net occupancy expenses, communications expense, business promotion expenses, deposit |
| Schedule Of Revenues And Selected Balance Sheet Information By Geographic Area | Geographic Information Quarter ended (In thousands) March 31, 2026 March 31, 2025 Revenues: [1] $ 668,071 $ 609,961 139,663 127,216 28,072 20,481 Total consolidated $ 835,806 $ 757,658 [1] Total revenues include gain, including impairment on equity securities, net gain and other operating income. Selected Balance Sheet Information: (In thousands) March 31, 2026 December 31, 2025 Puerto Rico Total assets $ 58,510,727 $ 57,955,465 Loans 25,884,571 25,853,231 Deposits 53,602,880 52,451,498 United States Total assets $ 16,278,568 $ 16,101,705 Loans 12,894,276 12,966,468 Deposits 12,185,414 11,987,581 Other Total assets $ 1,341,723 $ 1,291,097 Loans 516,458 517,817 Deposits [1] 1,823,022 1,751,014 [1] Represents deposits from BPPR operations located in the |