OFG Bancorp OFG Wealth Management — Information technology expenses

Other segment segments

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Questions, answered.

What is OFG Bancorp's wealth management — information technology expenses?

OFG Bancorp (OFG) reported wealth management — information technology expenses of $37K in Q1 2026.

How has OFG Bancorp's wealth management — information technology expenses changed year-over-year?

OFG Bancorp's wealth management — information technology expenses decreased by 32.7% year-over-year, from $55K to $37K.

What is the long-term trend for OFG Bancorp's wealth management — information technology expenses?

Over 3 years (2022 to 2025), OFG Bancorp's wealth management — information technology expenses has grown at a -5.1% compound annual growth rate (CAGR), from $222K to $190K.

What does wealth management — information technology expenses mean?

Represents the costs incurred by the wealth management segment for maintaining and upgrading information technology infrastructure and software. This includes expenses related to digital platforms, cybersecurity, and data management systems essential for client service delivery. Monitoring these costs helps assess the segment's investment in digital transformation and operational efficiency.