OFG Bancorp OFG Foreclosed Assets
Foreclosed Assets at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:OtherRealEstateAndForeclosedAssets.
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 foreclosed assets?
- OFG Bancorp (OFG) reported foreclosed assets of $2.04M in Q1 2026.
- How has OFG Bancorp's foreclosed assets changed year-over-year?
- OFG Bancorp's foreclosed assets decreased by 52.3% year-over-year, from $4.27M to $2.04M.
- What is the long-term trend for OFG Bancorp's foreclosed assets?
- Over 5 years (2020 to 2025), OFG Bancorp's foreclosed assets has grown at a -26.5% compound annual growth rate (CAGR), from $11.6M to $2.49M.
- What does foreclosed assets mean?
- The carrying value of real estate or other collateral acquired by the bank through the foreclosure process. These assets represent non-earning holdings that the bank must manage and eventually liquidate. High levels of foreclosed assets can weigh on profitability due to maintenance costs and potential losses upon final sale.