OFG Bancorp OFG Time deposits

Time deposits at other companies

PopularBPOP

$9.91B+3.2%

First BanCorpFBP

$1.8B+5.9%

Customers BancorpCUBI

$1.2B+30.9%

Orange County BancorpOBT

$11.5M+8.5%

Capital City Bank GroupCCBG

$76M+33.8%

Independent Bank CorpINDB

$3.25B+19.5%

FAQ

What is OFG Bancorp's time deposits?

OFG Bancorp (OFG) reported time deposits of $1.79B in Q2 2026.

How has OFG Bancorp's time deposits changed year-over-year?

OFG Bancorp's time deposits increased by 41.3% year-over-year, from $1.27B to $1.79B.

What is the long-term trend for OFG Bancorp's time deposits?

Over 5 years (2020 to 2025), OFG Bancorp's time deposits has grown at a 13.4% compound annual growth rate (CAGR), from $628.4M to $1.18B.

What does time deposits mean?

Time deposits represent funds held in accounts with a fixed maturity date, such as certificates of deposit, which typically offer higher interest rates in exchange for restricted liquidity. These deposits are a critical source of stable, long-term funding for the bank's lending operations. Monitoring this balance helps assess the bank's reliance on term-based versus demand-based funding.