OFG Bancorp OFG Proceeds From Sale Of Foreclosed Assets
Proceeds From Sale Of 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:ProceedsFromSaleOfForeclosedAssets.
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 proceeds from sale of foreclosed assets?
- OFG Bancorp (OFG) reported proceeds from sale of foreclosed assets of $13.44M in Q1 2026.
- How has OFG Bancorp's proceeds from sale of foreclosed assets changed year-over-year?
- OFG Bancorp's proceeds from sale of foreclosed assets increased by 1.5% year-over-year, from $13.24M to $13.44M.
- What is the long-term trend for OFG Bancorp's proceeds from sale of foreclosed assets?
- Over 4 years (2021 to 2025), OFG Bancorp's proceeds from sale of foreclosed assets has grown at a 4.6% compound annual growth rate (CAGR), from $44.97M to $53.89M.
- What does proceeds from sale of foreclosed assets mean?
- Represents cash inflows generated from the disposition of real estate or other assets acquired through loan defaults and foreclosures. This metric provides insight into the efficiency of the bank's asset recovery process and its ability to mitigate losses from non-performing loans. Higher proceeds indicate successful liquidation of distressed collateral.