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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$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$2.03B-5.5%
Enterprise value$1.42B-2.2%
P/E9.5×-1.6×
P/S2.8×-0.3×

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:Goodwill.

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 — goodwill?
OFG Bancorp (OFG) reported wealth management — goodwill of $178K in Q1 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.