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Business Combinations (Table)
9 Months Ended
Sep. 30, 2022
Business Combinations [Abstract]  
Fair value of identifiable assets acquired and liabilities assumed The following table presents the fair values of the consideration and major classes of identifiable assets acquired by BPPR as of July 1, 2022.

 

 

 

 

 

 

 

As recorded by

(In thousands)

 

Popular, Inc.

Stock consideration

 

$

144,785

Total consideration

 

$

144,785

Assets:

 

 

 

Developed technology - Software intangible assets

 

$

28,650

Total assets

 

$

28,650

Net assets acquired

 

$

28,650

Goodwill on acquisition

 

$

116,135