Allowance for credit losses - Allowance Movement (Details) - USD ($)
$ in Thousands |
3 Months Ended |
Mar. 31, 2026 |
Mar. 31, 2025 |
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
$ 808,056
|
$ 746,024
|
| Provision for credit losses (benefit) |
75,689
|
65,218
|
| Allowance for credit losses - PCD Loans |
7
|
9
|
| Charge-offs |
(82,163)
|
(75,068)
|
| Recoveries |
22,140
|
25,965
|
| Ending balance |
823,729
|
762,148
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
14,438
|
15,470
|
| Provision for credit losses (benefit) |
109
|
(1,301)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
14,547
|
14,169
|
| Construction |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
13,826
|
11,264
|
| Provision for credit losses (benefit) |
1,323
|
(1,752)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
11
|
0
|
| Ending balance |
15,160
|
9,512
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
6,731
|
7,072
|
| Provision for credit losses (benefit) |
499
|
(2,020)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
7,230
|
5,052
|
| Mortgages |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
80,554
|
82,409
|
| Provision for credit losses (benefit) |
719
|
(1,071)
|
| Allowance for credit losses - PCD Loans |
7
|
9
|
| Charge-offs |
(502)
|
(435)
|
| Recoveries |
2,846
|
3,117
|
| Ending balance |
83,624
|
84,029
|
| Commercial |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
307,447
|
259,564
|
| Provision for credit losses (benefit) |
36,719
|
8,161
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(13,869)
|
(4,625)
|
| Recoveries |
2,510
|
6,743
|
| Ending balance |
332,807
|
269,843
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
7,563
|
8,387
|
| Provision for credit losses (benefit) |
(371)
|
688
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
7,192
|
9,075
|
| Commercial | Commercial multi-family |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
19,345
|
9,236
|
| Provision for credit losses (benefit) |
722
|
4,262
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
2
|
3
|
| Ending balance |
20,069
|
13,501
|
| Commercial | CRE non-owner occupied |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
58,717
|
54,494
|
| Provision for credit losses (benefit) |
16,544
|
3,212
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(11,131)
|
(65)
|
| Recoveries |
16
|
660
|
| Ending balance |
64,146
|
58,301
|
| Commercial | CRE owner occupied |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
48,451
|
49,828
|
| Provision for credit losses (benefit) |
2,195
|
(533)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(91)
|
(101)
|
| Recoveries |
561
|
1,018
|
| Ending balance |
51,116
|
50,212
|
| Commercial | Commercial and industrial |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
180,934
|
146,006
|
| Provision for credit losses (benefit) |
17,258
|
1,220
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(2,647)
|
(4,459)
|
| Recoveries |
1,931
|
5,062
|
| Ending balance |
197,476
|
147,829
|
| Leasing |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
18,620
|
16,419
|
| Provision for credit losses (benefit) |
2,537
|
7,059
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(4,085)
|
(4,544)
|
| Recoveries |
1,516
|
1,272
|
| Ending balance |
18,588
|
20,206
|
| Consumer |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
387,609
|
376,368
|
| Provision for credit losses (benefit) |
34,391
|
52,821
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(63,707)
|
(65,464)
|
| Recoveries |
15,257
|
14,833
|
| Ending balance |
373,550
|
378,558
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
144
|
11
|
| Provision for credit losses (benefit) |
(19)
|
31
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
125
|
42
|
| Consumer | Credit card |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
91,124
|
99,130
|
| Provision for credit losses (benefit) |
14,305
|
13,822
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(19,235)
|
(18,865)
|
| Recoveries |
3,182
|
2,436
|
| Ending balance |
89,376
|
96,523
|
| Consumer | HELOC |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
1,335
|
1,503
|
| Provision for credit losses (benefit) |
(482)
|
(244)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
(55)
|
| Recoveries |
325
|
406
|
| Ending balance |
1,178
|
1,610
|
| Consumer | Personal loans |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
106,612
|
102,736
|
| Provision for credit losses (benefit) |
17,498
|
19,028
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(22,562)
|
(24,579)
|
| Recoveries |
3,191
|
4,252
|
| Ending balance |
104,739
|
101,437
|
| Consumer | Auto Loan |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
180,364
|
165,995
|
| Provision for credit losses (benefit) |
3,006
|
19,471
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(21,150)
|
(21,056)
|
| Recoveries |
8,324
|
7,569
|
| Ending balance |
170,544
|
171,979
|
| Consumer | Other |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
8,174
|
7,004
|
| Provision for credit losses (benefit) |
64
|
744
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(760)
|
(909)
|
| Recoveries |
235
|
170
|
| Ending balance |
7,713
|
7,009
|
| Puerto Rico |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
717,920
|
670,666
|
| Provision for credit losses (benefit) |
73,298
|
52,690
|
| Allowance for credit losses - PCD Loans |
7
|
9
|
| Charge-offs |
(80,284)
|
(71,224)
|
| Recoveries |
21,294
|
24,122
|
| Ending balance |
732,235
|
676,263
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
8,563
|
8,388
|
| Provision for credit losses (benefit) |
118
|
617
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
8,681
|
9,005
|
| Puerto Rico | Construction |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
4,488
|
2,743
|
| Provision for credit losses (benefit) |
1,268
|
(24)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
11
|
0
|
| Ending balance |
5,767
|
2,719
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
2,570
|
1,663
|
| Provision for credit losses (benefit) |
721
|
(103)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
3,291
|
1,560
|
| Puerto Rico | Mortgages |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
70,674
|
72,901
|
| Provision for credit losses (benefit) |
764
|
(1,118)
|
| Allowance for credit losses - PCD Loans |
7
|
9
|
| Charge-offs |
(483)
|
(435)
|
| Recoveries |
2,799
|
2,932
|
| Ending balance |
73,761
|
74,289
|
| Puerto Rico | Commercial |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
246,619
|
215,126
|
| Provision for credit losses (benefit) |
33,838
|
(3,963)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(13,840)
|
(3,466)
|
| Recoveries |
2,351
|
5,997
|
| Ending balance |
268,968
|
213,694
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
5,993
|
6,725
|
| Provision for credit losses (benefit) |
(603)
|
720
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
5,390
|
7,445
|
| Puerto Rico | Commercial | Commercial multi-family |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
3,871
|
2,783
|
| Provision for credit losses (benefit) |
831
|
635
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
0
|
| Recoveries |
2
|
2
|
| Ending balance |
4,704
|
3,420
|
| Puerto Rico | Commercial | CRE non-owner occupied |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
44,149
|
44,852
|
| Provision for credit losses (benefit) |
15,847
|
(2,599)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(11,131)
|
(65)
|
| Recoveries |
16
|
660
|
| Ending balance |
48,881
|
42,848
|
| Puerto Rico | Commercial | CRE owner occupied |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
34,722
|
37,355
|
| Provision for credit losses (benefit) |
326
|
(1,742)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(91)
|
(89)
|
| Recoveries |
446
|
495
|
| Ending balance |
35,403
|
36,019
|
| Puerto Rico | Commercial | Commercial and industrial |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
163,877
|
130,136
|
| Provision for credit losses (benefit) |
16,834
|
(257)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(2,618)
|
(3,312)
|
| Recoveries |
1,887
|
4,840
|
| Ending balance |
179,980
|
131,407
|
| Puerto Rico | Leasing |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
18,620
|
16,419
|
| Provision for credit losses (benefit) |
2,537
|
7,059
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(4,085)
|
(4,544)
|
| Recoveries |
1,516
|
1,272
|
| Ending balance |
18,588
|
20,206
|
| Puerto Rico | Consumer |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
377,519
|
363,477
|
| Provision for credit losses (benefit) |
34,891
|
50,736
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(61,876)
|
(62,779)
|
| Recoveries |
14,617
|
13,921
|
| Ending balance |
365,151
|
365,355
|
| Puerto Rico | Consumer | Credit card |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
91,124
|
99,130
|
| Provision for credit losses (benefit) |
14,305
|
13,822
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(19,235)
|
(18,865)
|
| Recoveries |
3,182
|
2,436
|
| Ending balance |
89,376
|
96,523
|
| Puerto Rico | Consumer | HELOC |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
58
|
54
|
| Provision for credit losses (benefit) |
(82)
|
(108)
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
0
|
(25)
|
| Recoveries |
91
|
139
|
| Ending balance |
67
|
60
|
| Puerto Rico | Consumer | Personal loans |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
97,804
|
91,296
|
| Provision for credit losses (benefit) |
17,602
|
16,828
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(20,744)
|
(21,953)
|
| Recoveries |
2,795
|
3,615
|
| Ending balance |
97,457
|
89,786
|
| Puerto Rico | Consumer | Auto Loan |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
180,364
|
165,995
|
| Provision for credit losses (benefit) |
3,006
|
19,471
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(21,150)
|
(21,056)
|
| Recoveries |
8,324
|
7,569
|
| Ending balance |
170,544
|
171,979
|
| Puerto Rico | Consumer | Other |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
8,169
|
7,002
|
| Provision for credit losses (benefit) |
60
|
723
|
| Allowance for credit losses - PCD Loans |
0
|
0
|
| Charge-offs |
(747)
|
(880)
|
| Recoveries |
225
|
162
|
| Ending balance |
7,707
|
7,007
|
| Popular U.S. |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
90,136
|
75,358
|
| Provision for credit losses (benefit) |
2,391
|
12,528
|
| Charge-offs |
(1,879)
|
(3,844)
|
| Recoveries |
846
|
1,843
|
| Ending balance |
91,494
|
85,885
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
5,875
|
7,082
|
| Provision for credit losses (benefit) |
(9)
|
(1,918)
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
5,866
|
5,164
|
| Popular U.S. | Construction |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
9,338
|
8,521
|
| Provision for credit losses (benefit) |
55
|
(1,728)
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Ending balance |
9,393
|
6,793
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
4,161
|
5,409
|
| Provision for credit losses (benefit) |
(222)
|
(1,917)
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
3,939
|
3,492
|
| Popular U.S. | Mortgages |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
9,880
|
9,508
|
| Provision for credit losses (benefit) |
(45)
|
47
|
| Charge-offs |
(19)
|
0
|
| Recoveries |
47
|
185
|
| Ending balance |
9,863
|
9,740
|
| Popular U.S. | Commercial |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
60,828
|
44,438
|
| Provision for credit losses (benefit) |
2,881
|
12,124
|
| Charge-offs |
(29)
|
(1,159)
|
| Recoveries |
159
|
746
|
| Ending balance |
63,839
|
56,149
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
1,570
|
1,662
|
| Provision for credit losses (benefit) |
232
|
(32)
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
1,802
|
1,630
|
| Popular U.S. | Commercial | Commercial multi-family |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
15,474
|
6,453
|
| Provision for credit losses (benefit) |
(109)
|
3,627
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
1
|
| Ending balance |
15,365
|
10,081
|
| Popular U.S. | Commercial | CRE non-owner occupied |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
14,568
|
9,642
|
| Provision for credit losses (benefit) |
697
|
5,811
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Ending balance |
15,265
|
15,453
|
| Popular U.S. | Commercial | CRE owner occupied |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
13,729
|
12,473
|
| Provision for credit losses (benefit) |
1,869
|
1,209
|
| Charge-offs |
0
|
(12)
|
| Recoveries |
115
|
523
|
| Ending balance |
15,713
|
14,193
|
| Popular U.S. | Commercial | Commercial and industrial |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
17,057
|
15,870
|
| Provision for credit losses (benefit) |
424
|
1,477
|
| Charge-offs |
(29)
|
(1,147)
|
| Recoveries |
44
|
222
|
| Ending balance |
17,496
|
16,422
|
| Popular U.S. | Consumer |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
10,090
|
12,891
|
| Provision for credit losses (benefit) |
(500)
|
2,085
|
| Charge-offs |
(1,831)
|
(2,685)
|
| Recoveries |
640
|
912
|
| Ending balance |
8,399
|
13,203
|
| Allowance for credit losses - unfunded commitments: |
|
|
| Balance at beginning of period |
144
|
11
|
| Provision for credit losses (benefit) |
(19)
|
31
|
| Charge-offs |
0
|
0
|
| Recoveries |
0
|
0
|
| Balance at end of period |
125
|
42
|
| Popular U.S. | Consumer | HELOC |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
1,277
|
1,449
|
| Provision for credit losses (benefit) |
(400)
|
(136)
|
| Charge-offs |
0
|
(30)
|
| Recoveries |
234
|
267
|
| Ending balance |
1,111
|
1,550
|
| Popular U.S. | Consumer | Personal loans |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
8,808
|
11,440
|
| Provision for credit losses (benefit) |
(104)
|
2,200
|
| Charge-offs |
(1,818)
|
(2,626)
|
| Recoveries |
396
|
637
|
| Ending balance |
7,282
|
11,651
|
| Popular U.S. | Consumer | Other |
|
|
| Financing Receivable, Allowance for Credit Losses [Line Items] |
|
|
| Beginning balance |
5
|
2
|
| Provision for credit losses (benefit) |
4
|
21
|
| Charge-offs |
(13)
|
(29)
|
| Recoveries |
10
|
8
|
| Ending balance |
$ 6
|
$ 2
|