v3.26.1
Revenue from contract with customers
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from contracts with customers - Revenue from contracts with customers
The following table presents the Corporation’s revenue streams from contracts with customers by reportable segment for the quarters and
six months ended June 30, 2026 and 2025.
Quarter ended June 30,
Six months ended June 30,
(In thousands)
2026
2026
BPPR
Popular U.S.
BPPR
Popular U.S.
Service charges on deposit accounts
36,398
$2,639
$72,459
$5,344
Other service fees:
Debit card fees
31,293
245
61,078
469
Insurance fees, excluding reinsurance
8,663
2,076
16,583
4,767
Credit card fees, excluding late fees and membership fees
30,134
353
57,320
699
Sale and administration of investment products
9,998
-
20,185
-
Trust fees
8,070
-
15,818
-
Total revenue from contracts with customers [1]
$124,556
$5,313
$243,443
$11,279
[1]The amounts include intersegment transactions of $0.4 million and $0.8 million, respectively, for the quarter and six months ended June 30, 2026.
Quarter ended June 30,
Six months ended June 30,
(In thousands)
2025
2025
BPPR
Popular U.S.
BPPR
Popular U.S.
Service charges on deposit accounts
$36,194
$2,632
$72,650
$5,230
Other service fees:
Debit card fees
27,707
211
53,941
409
Insurance fees, excluding reinsurance
8,719
2,223
16,400
3,910
Credit card fees, excluding late fees and membership fees [2]
28,145
334
53,530
739
Sale and administration of investment products
9,058
-
18,031
-
Trust fees
6,879
-
13,510
-
Total revenue from contracts with customers [1]
$116,702
$5,400
$228,062
$10,288
[1]The amounts include intersegment transactions of $0.6 million and $1.2 million, respectively, for the quarter and six months ended June 30, 2025.
Revenue from contracts with customers is recognized when, or as, the performance obligations are satisfied by the Corporation by
transferring the promised services to the customers based on ASC Topic 606 Revenue from Contracts with Customers. Revenue streams
identified from contracts with customers, as listed above, will have certain timing for recognition based on the nature of the contract
including when the obligation is satisfied and/or services are rendered. Service charges on deposit accounts, debit card fees, and credit
card fees are recognized at a point in time, upon the occurrence of an activity or an event. Interchange fees on debit and credit card
transactions are recognized upon settlement of the payment transaction. For more details over nature and timing of revenue streams from
contracts with customers refer to Note 31 on the 2025 Form 10-K for a complete description of the nature and timing of revenue streams
from contracts with customers.