Skip to content
OpenCapital
Get started

OFG Bancorp OFG Banking — Information technology expenses

Other segment segments

Wealth Management
$37K-32.7%
Treasury
$0+100%

Similar metrics at other companies

NBT
NBTBBanking — Communications And Information Technology
$11.12M+13.4%
Bank of Hawaii logo
BOHCommunications And Information Technology
$5.58M+6.0%
Republic Bancorp logo
RBCAACommunications And Information Technology
$7.95M-8.1%
First Busey Corporation logo
BUSEBanking — Data processing
$8.18M+2.9%
The Bancorp logo
TBBKInstitutional Banking — Information Technology And Operations
$1.21M-20.0%
National Bank Holdings logo
NBHCCommunications And Information Technology
$7.65M+73.9%

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:InformationTechnologyAndDataProcessing.

The official record: OFG Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about OFG Bancorp's banking — information technology expenses.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is OFG Bancorp's banking — information technology expenses?
OFG Bancorp (OFG) reported banking — information technology expenses of $6.56M in Q1 2026.
How has OFG Bancorp's banking — information technology expenses changed year-over-year?
OFG Bancorp's banking — information technology expenses increased by 5.2% year-over-year, from $6.24M to $6.56M.
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.