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OFG Bancorp OFG Banking — Information technology expenses
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Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.
The source filing: OFG Bancorp’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 12:28 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001030469-26-000038
| Line item | Banking | Wealth Management | Treasury | Total Major Segments | Eliminations | Consolidated Total |
|---|---|---|---|---|---|---|
| Occupancy, equipment and infrastructure costs | (9,261) | (135) | (20) | (9,416) | — | (9,416) |
| Depreciation and amortization of premises and equipment | (4,844) | (9) | (4) | (4,857) | — | (4,857) |
| Electronic banking charges | (12,229) | — | — | (12,229) | — | (12,229) |
| Information technology expenses | (7,067) | (49) | (1) | (7,117) | — | (7,117) |
| Professional and service fees | (3,832) | (953) | (54) | (4,839) | — | (4,839) |
| Loan servicing and clearing expenses | (1,908) | (451) | (138) | (2,497) | — | (2,497) |
| Amortization of other intangible assets | (231) | — | — | (231) | — | (231) |
| Intersegment expenses | 1,062 | (594) | (468) | — | — | — |
Cover / Front Matter
FAQ
- What is OFG Bancorp's banking — information technology expenses?
- OFG Bancorp (OFG) reported banking — information technology expenses of $7.07M in Q2 2026.
- How has OFG Bancorp's banking — information technology expenses changed year-over-year?
- OFG Bancorp's banking — information technology expenses increased by 6.5% year-over-year, from $6.64M to $7.07M.
- What is the long-term trend for OFG Bancorp's banking — information technology expenses?
- Over 3 years (2022 to 2025), OFG Bancorp's banking — information technology expenses has grown at a 7.1% compound annual growth rate (CAGR), from $21.67M to $26.62M.
- What does banking — information technology expenses mean?
- Represents the total costs incurred by the banking segment for maintaining and upgrading information technology infrastructure and software. This metric reflects the company's investment in digital transformation and operational security to support banking services.
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