OFG Bancorp OFG Noninterest-bearing deposits
Noninterest-bearing deposits at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:NoninterestBearingDepositLiabilities.
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 noninterest-bearing deposits?
- OFG Bancorp (OFG) reported noninterest-bearing deposits of $2.72B in Q1 2026.
- How has OFG Bancorp's noninterest-bearing deposits changed year-over-year?
- OFG Bancorp's noninterest-bearing deposits increased by 4.6% year-over-year, from $2.6B to $2.72B.
- What is the long-term trend for OFG Bancorp's noninterest-bearing deposits?
- Over 5 years (2020 to 2025), OFG Bancorp's noninterest-bearing deposits has grown at a 3.1% compound annual growth rate (CAGR), from $2.26B to $2.63B.
- What does noninterest-bearing deposits mean?
- These are demand deposit accounts that do not accrue interest for the depositor, typically used for transactional purposes. They represent a low-cost source of funding for the bank, which significantly benefits the net interest margin. A larger proportion of these deposits indicates a strong, stable customer base and lower overall funding costs.