What does wealth management — electronic banking charges mean?

Fees incurred by the wealth management segment for the use of electronic payment systems, digital banking platforms, or transaction processing services. This metric highlights the costs associated with the segment's digital infrastructure and client-facing technology. Managing these charges is vital as the segment shifts toward more automated and digital-first service models.

OFG Bancorp (OFG) Wealth Management — Electronic Banking Charges

Screener

Other segment segments

Banking

$12.23M-0.4%

Treasury

$0—

Similar metrics at other companies

NBT

NBTBBanking — Wealth Management

$10.35M+1.9%

MSBIBanking — Wealth management revenue

$0—

MSWealth Management1 — Asset management

$5.26B+19.3%

MSWealth Management1 — Investment banking

$224M+17.9%

FNBWealth Management — Mortgage banking operations

$0—

TRMKGeneral Banking — Wealth Management Income

$161K-17.9%

Other financials

Income statement

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Revenue$190.3M+4.4%

Net income$58.8M+13.5%

EPS (diluted)$1.39+20.9%

Balance sheet

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Cash & equivalents$745.7M-12.5%

Total debt$21.4M+10.4%

Total equity$1.4B+5.5%

Total assets$12.2B-0.6%

Cash flow

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Operating cash flow$53.2M+48.0%

CapEx$8.1M+96.0%

Free cash flow$45.1M+41.8%

Valuation

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Market cap$2.24B+18.5%

Enterprise value$1.51B+43.4%

P/E10.1×+0.5×

P/S3×+0.4×

Profitability

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Net margin29.5%+2.4pp

FCF margin27.1%-0.2pp

Returns & leverage

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Return on equity16.1%+0.9pp

Debt / equity0×0.0×

Where this comes from

Reported directly by OFG Bancorp in its filing.

Tagged under the XBRL concept ofg:ElectronicBankingCharges.

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
Compensation and employee benefits	(38,318)	(2,554)	(304)	(41,176)	—	(41,176)
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)

Cover / Front Matter

FAQ

What is OFG Bancorp's wealth management — electronic banking charges?: OFG Bancorp (OFG) reported wealth management — electronic banking charges of $0 in Q2 2026.
What does wealth management — electronic banking charges mean?: Fees incurred by the wealth management segment for the use of electronic payment systems, digital banking platforms, or transaction processing services. This metric highlights the costs associated with the segment's digital infrastructure and client-facing technology. Managing these charges is vital as the segment shifts toward more automated and digital-first service models.