What is OFG Bancorp's interest expense?

OFG Bancorp (OFG) reported interest expense of $40.31M in Q1 2026.

How has OFG Bancorp's interest expense changed year-over-year?

OFG Bancorp's interest expense increased by 0.4% year-over-year, from $40.15M to $40.31M.

What is the long-term trend for OFG Bancorp's interest expense?

Over 4 years (2021 to 2025), OFG Bancorp's interest expense has grown at a 42.5% compound annual growth rate (CAGR), from $41.83M to $172.47M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

OFG Bancorp OFG Interest Expense

Interest Expense at other companies

PopularBPOP

$277.04M-11.0%

First BanCorpFBP

$58.89M-8.9%

First Busey CorporationBUSE

$71.52M+13.4%

Bank of HawaiiBOH

$71.22M-19.5%

Old National BancorpONB

$304.82M+25.6%

Stock Yards BancorpSYBT

$39.22M-3.4%

Segments

By segment

See full

Banking$31.05M-10.1%

Treasury$10.59M+54.3%

Wealth Management$0—

Other financials

Income statement

See full

Revenue$186.0M+4.1%

Net income$53.9M+18.4%

EPS (diluted)$1.26+26.0%

Balance sheet

See full

Cash & equivalents$636.5M-10.4%

Total debt$22.1M+6.2%

Total equity$1.4B+5.5%

Total assets$12.0B+2.7%

Cash flow

See full

Operating cash flow$73.1M-12.0%

CapEx$4.4M+0.1%

Free cash flow$68.8M-12.6%

Valuation

See full

Market cap$2.03B-5.5%

Enterprise value$1.42B-2.2%

P/E9.5×-1.6×

P/S2.8×-0.3×

Profitability

See full

Net margin28.9%+1.8pp

FCF margin25.6%-10.0pp

Returns & leverage

See full

Return on equity16%+0.6pp

Debt / equity0×0.0×

Where this comes from

Reported directly by OFG Bancorp in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

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 interest expense?: OFG Bancorp (OFG) reported interest expense of $40.31M in Q1 2026.
How has OFG Bancorp's interest expense changed year-over-year?: OFG Bancorp's interest expense increased by 0.4% year-over-year, from $40.15M to $40.31M.
What is the long-term trend for OFG Bancorp's interest expense?: Over 4 years (2021 to 2025), OFG Bancorp's interest expense has grown at a 42.5% compound annual growth rate (CAGR), from $41.83M to $172.47M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.