OFG Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	639.59	629.94	613.6	554.74	460.16	433.79
Interest Income on Investments	144.66	151	136.68	94.14	55.41	15.41
Total Interest Income	784.24	780.94	750.28	648.88	515.57	449.2
Interest Paid on Deposits	143.17	152.75	150.28	75.97	32.24	39.01
Interest Paid on Borrowings	23.65	19.72	11.56	12.05	1.25	2.82
Total Interest Expense	166.82	172.47	161.84	88.01	33.49	41.83
Net Interest Income	617.43	608.47	588.44	560.87	482.08	407.37
Net Interest Income Growth	2.08%	3.40%	4.92%	16.34%	18.34%	-0.26%
Trust Income	39.39	37.77	35.62	32.99	32.64	35.04
Mortgage Banking Activities	21.83	19.13	18.64	18.79	21.93	22.51
Gain (Loss) on Sale of Investments	-	-	-	-	-0.25	0.02
Other Non-Interest Income	68.2	66.08	68.99	76.6	77.33	77.12
Total Non-Interest Income	129.41	122.98	123.25	128.38	131.65	134.69
Non-Interest Income Growth	3.56%	-0.22%	-4.00%	-2.48%	-2.26%	15.04%
Revenues Before Loan Losses	746.84	731.44	711.69	689.25	613.73	542.06
Provision for Loan Losses	85.52	107.51	82.25	60.64	24.12	0.22
Revenue	661.32	623.93	629.44	628.61	589.61	541.84
Revenue Growth	5.98%	-0.88%	0.13%	6.62%	8.82%	25.18%
Salaries and Employee Benefits	159.89	156.19	152.54	150.83	138.75	127.2
Occupancy Expenses	46.63	48.63	47.57	46.84	38.75	36
Federal Deposit Insurance	11.38	11.38	11.25	10.49	9.9	10.09
Selling, General & Administrative	97.97	89.37	84.51	81.43	79.58	76.17
Other Non-Interest Expense	83.22	83.22	76.8	74.18	80.65	79.3
Total Non-Interest Expense	398.81	389.81	375.69	363.37	345.55	325.76
EBT Excluding Unusual Items	262.51	234.12	253.75	265.25	244.06	216.08
Other Unusual Items	-	-	-	-	0.04	-1.48
Pretax Income	262.51	234.12	253.75	265.25	244.11	214.6
Income Tax Expense	37.29	29.01	55.58	83.38	77.87	68.45
Net Income	225.22	205.1	198.17	181.87	166.24	146.15
Preferred Dividends & Other Adjustments	-	-	-	-	-	1.26
Net Income to Common	225.22	205.1	198.17	181.87	166.24	144.9
Net Income Growth	12.86%	3.50%	8.96%	9.40%	14.73%	113.66%
Basic Shares Outstanding	43	45	47	47	48	51
Diluted Shares Outstanding	43	45	47	48	48	51
Shares Change	-5.35%	-4.57%	-1.37%	-1.82%	-5.71%	-0.36%
EPS (Basic)	5.27	4.60	4.25	3.85	3.46	2.84
EPS (Diluted)	5.24	4.58	4.23	3.83	3.44	2.81
EPS Growth	19.13%	8.27%	10.44%	11.34%	22.42%	112.88%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.350	1.200	1.000	0.880	0.700	0.400
Dividend Growth	17.39%	20.00%	13.64%	25.71%	75.00%	42.86%
Effective Tax Rate	14.21%	12.39%	21.90%	31.43%	31.90%	31.90%

SEC Filings: 10-K · 10-Q