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OFG Bancorp OFG Wealth Management — Financing Receivable, Credit Loss, Expense (Reversal)

Other segment segments

Banking
$22.48M-12.5%
Treasury
$4K+300%

Similar metrics at other companies

Renasant logo
RNSTWealth Management — Financing Receivable, Credit Loss, Expense (Reversal)
$0
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RNSTWealth Management — Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal), Including Unfunded Commitments
$0
German American Bancorp logo
GABCWealth Management Services — Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal), And Transfers In And Change In Method
$0
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RNSTFinancing Receivable, Credit Loss, Expense (Reversals)
$8.08M+70.1%
LAD
LADFinancing Operations — Accounts Receivable, Credit Loss Expense (Reversal)
$26.4M+3.5%
Snap-on logo
SNAFinancial services revenue — Financing Receivable And Accounts Receivable, Credit Loss Expense (Reversal)
$18.8M-1.6%

Other financials

Income statement

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Revenue$186.0M+4.1%
Net income$53.9M+18.4%
EPS (diluted)$1.26+26.0%

Balance sheet

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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

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Operating cash flow$73.1M-12.0%
CapEx$4.4M+0.1%
Free cash flow$68.8M-12.6%

Valuation

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Market cap$2.05B-5.5%

Profitability

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Net margin28.9%+1.8pp
FCF margin25.6%-10.0pp

Returns & leverage

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Return on equity16%+0.6pp
Debt / equity0.0×

Where this comes from

Reported directly by OFG Bancorp in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.

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 wealth management — financing receivable, credit loss, expense (reversal)?
OFG Bancorp (OFG) reported wealth management — financing receivable, credit loss, expense (reversal) of $0 in Q1 2026.
What does wealth management — financing receivable, credit loss, expense (reversal) mean?
The accounting adjustment reflecting the estimated credit losses or reversals on financing receivables within the wealth management segment. This metric indicates the perceived risk profile of the segment's loan or credit portfolio. A reversal suggests improved credit quality, while an expense indicates rising default risks among clients.