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OFG Bancorp OFG Wealth Management — Income Tax

Other segment segments

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$14.8M+7.2%
Treasury
$53K+3.9%

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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:IncomeTaxExpenseBenefit.

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 — income tax?
OFG Bancorp (OFG) reported wealth management — income tax of $0 in Q1 2026.
How has OFG Bancorp's wealth management — income tax changed year-over-year?
OFG Bancorp's wealth management — income tax decreased by 100.0% year-over-year, from $17K to $0.
What does wealth management — income tax mean?
Represents the portion of the wealth management segment's earnings allocated to income tax payments based on applicable tax jurisdictions. This expense reflects the tax burden associated with the segment's pre-tax income. Monitoring this helps in evaluating the net contribution of the segment to the company's bottom line after tax considerations.