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OFG Bancorp OFG Wealth Management — Goodwill

Other segment segments

Banking
$84.06M0.0%
Treasury
$0

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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/S+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×

Where this comes from

Reported directly by OFG Bancorp in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

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 itemBankingWealth ManagementTreasuryTotal
June 30, 2026$84,063$178$84,241
December 31, 2025$84,063$178$84,241

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FAQ

What is OFG Bancorp's wealth management — goodwill?
OFG Bancorp (OFG) reported wealth management — goodwill of $178K in Q2 2026.
How has OFG Bancorp's wealth management — goodwill changed year-over-year?
OFG Bancorp's wealth management — goodwill decreased by 0.0% year-over-year, from $178K to $178K.
What is the long-term trend for OFG Bancorp's wealth management — goodwill?
Over 4 years (2021 to 2025), OFG Bancorp's wealth management — goodwill has grown at a -45.4% compound annual growth rate (CAGR), from $8.01M to $712K.
What does wealth management — goodwill mean?
Represents the intangible asset value recorded when the wealth management segment was acquired for a price exceeding the fair market value of its net identifiable assets. This metric reflects the premium paid for brand reputation, customer relationships, and intellectual property within the wealth management division. Monitoring this value is essential for assessing potential impairment risks related to the segment's long-term growth prospects.

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