OFG Bancorp OFG Bank Overdrafts
Bank Overdrafts at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOverdrafts.
The official record: OFG Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is OFG Bancorp's bank overdrafts?
- OFG Bancorp (OFG) reported bank overdrafts of $638K in Q1 2026.
- How has OFG Bancorp's bank overdrafts changed year-over-year?
- OFG Bancorp's bank overdrafts decreased by 27.4% year-over-year, from $879K to $638K.
- What is the long-term trend for OFG Bancorp's bank overdrafts?
- Over 5 years (2020 to 2025), OFG Bancorp's bank overdrafts has grown at a -2.3% compound annual growth rate (CAGR), from $1.1M to $977K.
- What does bank overdrafts mean?
- This represents negative cash balances in operating bank accounts that are reclassified as current liabilities. It serves as an indicator of short-term cash management efficiency and potential liquidity constraints. High or persistent overdrafts may signal operational inefficiencies or temporary funding gaps.