OFG Bancorp (OFG)
NYSE: OFG · Real-Time Price · USD
52.71
+0.59 (1.13%)
Sep 2, 2026, 4:00 PM EDT - Market closed
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 | Jun '26 Jun 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 | 640.51 | 629.94 | 613.6 | 554.74 | 460.16 | 433.79 |
Interest Income on Investments | 148.13 | 151 | 136.68 | 94.14 | 55.41 | 15.41 |
Total Interest Income | 788.64 | 780.94 | 750.28 | 648.88 | 515.57 | 449.2 |
Interest Paid on Deposits | 146.57 | 152.75 | 150.28 | 75.97 | 32.24 | 39.01 |
Interest Paid on Borrowings | 23.5 | 19.72 | 11.56 | 12.05 | 1.25 | 2.82 |
Total Interest Expense | 170.06 | 172.47 | 161.84 | 88.01 | 33.49 | 41.83 |
Net Interest Income | 618.58 | 608.47 | 588.44 | 560.87 | 482.08 | 407.37 |
Net Interest Income Growth | 3.44% | 3.40% | 4.92% | 16.34% | 18.34% | -0.26% |
Trust Income | 39.03 | 37.77 | 35.62 | 32.99 | 32.64 | 35.04 |
Mortgage Banking Activities | 21 | 19.13 | 18.64 | 18.79 | 21.93 | 22.51 |
Gain (Loss) on Sale of Investments | - | - | - | - | -0.25 | 0.02 |
Other Non-Interest Income | 68.19 | 66.08 | 68.99 | 76.6 | 77.33 | 77.12 |
Total Non-Interest Income | 128.22 | 122.98 | 123.25 | 128.38 | 131.65 | 134.69 |
Non-Interest Income Growth | 6.52% | -0.22% | -4.00% | -2.48% | -2.26% | 15.04% |
Revenues Before Loan Losses | 746.8 | 731.44 | 711.69 | 689.25 | 613.73 | 542.06 |
Provision for Loan Losses | 95.64 | 107.51 | 82.25 | 60.64 | 24.12 | 0.22 |
| 651.16 | 623.93 | 629.44 | 628.61 | 589.61 | 541.84 | |
Revenue Growth | 5.12% | -0.88% | 0.13% | 6.62% | 8.82% | 25.18% |
Salaries and Employee Benefits | 159.37 | 156.19 | 152.54 | 150.83 | 138.75 | 127.2 |
Occupancy Expenses | 46.5 | 48.63 | 47.57 | 46.84 | 38.75 | 36 |
Federal Deposit Insurance | 11.26 | 11.38 | 11.25 | 10.49 | 9.9 | 10.09 |
Selling, General & Administrative | 92.64 | 89.37 | 84.51 | 81.43 | 79.58 | 76.17 |
Other Non-Interest Expense | 90.23 | 83.22 | 76.8 | 74.18 | 80.65 | 79.3 |
Total Non-Interest Expense | 399.09 | 389.81 | 375.69 | 363.37 | 345.55 | 325.76 |
EBT Excluding Unusual Items | 252.07 | 234.12 | 253.75 | 265.25 | 244.06 | 216.08 |
Other Unusual Items | - | - | - | - | 0.04 | -1.48 |
Pretax Income | 252.07 | 234.12 | 253.75 | 265.25 | 244.11 | 214.6 |
Income Tax Expense | 31.62 | 29.01 | 55.58 | 83.38 | 77.87 | 68.45 |
Net Income | 220.44 | 205.1 | 198.17 | 181.87 | 166.24 | 146.15 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | 1.26 |
Net Income to Common | 220.44 | 205.1 | 198.17 | 181.87 | 166.24 | 144.9 |
Net Income Growth | 13.21% | 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 | -5.36% | -4.57% | -1.37% | -1.82% | -5.71% | -0.36% |
EPS (Basic) | 5.09 | 4.60 | 4.25 | 3.85 | 3.46 | 2.84 |
EPS (Diluted) | 5.07 | 4.58 | 4.23 | 3.83 | 3.44 | 2.81 |
EPS Growth | 19.30% | 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 | Jun '26 Jun 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 | 1.300 | 1.200 | 1.000 | 0.880 | 0.700 | 0.400 |
Dividend Growth | 18.18% | 20.00% | 13.64% | 25.71% | 75.00% | 42.86% |
Effective Tax Rate | 12.55% | 12.39% | 21.90% | 31.43% | 31.90% | 31.90% |