OFG Bancorp (OFG)

OFG Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	632.59	628.61	589.65	540.36	440.11	308.49
Revenue Growth (YoY)	3.74%	6.61%	9.12%	22.78%	42.66%	-9.23%
Gross Profit	632.59	628.61	589.65	540.36	440.11	308.49
Selling, General & Admin	334.58	333.4	310.75	290.4	281.64	179.28
Other Operating Expenses	29.98	29.96	34.8	35.35	63.65	53.97
Operating Expenses	364.56	363.37	345.55	325.76	345.29	233.24
Operating Income	268.03	265.25	244.11	214.6	94.83	75.25
Pretax Income	268.03	265.25	244.11	214.6	94.83	75.25
Income Tax	82.7	83.38	77.87	68.45	20.5	21.41
Net Income	185.34	181.87	166.24	146.15	74.33	53.84
Preferred Dividends	0	0	0	1.26	6.51	6.51
Net Income Common	185.34	181.87	166.24	144.9	67.82	47.33
Net Income Growth	5.94%	9.40%	14.73%	113.66%	43.28%	-34.62%
Shares Outstanding (Basic)	47	48	48	51	52	52
Shares Outstanding (Diluted)	47	48	48	51	52	52
Shares Change	-1.25%	-1.83%	-5.71%	-0.36%	-0.32%	0.72%
EPS (Basic)	3.93	3.85	3.46	2.85	1.32	0.92
EPS (Diluted)	3.92	3.83	3.44	2.81	1.32	0.92
EPS Growth	7.69%	11.34%	22.42%	112.88%	43.48%	-39.47%
Free Cash Flow	283.54	277.84	138.24	77.56	19.75	98.88
Free Cash Flow Per Share	5.99	5.84	2.85	1.51	0.38	1.91
Dividend Per Share	0.910	0.880	0.700	0.400	0.280	0.280
Dividend Growth	18.18%	25.71%	75.00%	42.86%	0%	12.00%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	42.37%	42.20%	41.40%	39.71%	21.55%	24.39%
Profit Margin	29.30%	28.93%	28.19%	26.81%	15.41%	15.34%
Free Cash Flow Margin	44.82%	44.20%	23.44%	14.35%	4.49%	32.05%
Effective Tax Rate	30.85%	31.43%	31.90%	31.90%	21.62%	28.45%
EBITDA	288.66	285.64	259.92	228.73	107.51	83.76
EBITDA Margin	45.63%	45.44%	44.08%	42.33%	24.43%	27.15%
Depreciation & Amortization	20.63	20.39	15.81	14.13	12.69	8.51
EBIT	268.03	265.25	244.11	214.6	94.83	75.25
EBIT Margin	42.37%	42.20%	41.40%	39.71%	21.55%	24.39%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).