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OFG Bancorp OFG Wealth Management — Intersegment Expenses
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Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept ofg:IntersegmentExpenses.
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 item | Banking | Wealth Management | Treasury | Total Major Segments | Eliminations | Consolidated Total |
|---|---|---|---|---|---|---|
| Professional and service fees | (3,832) | (953) | (54) | (4,839) | — | (4,839) |
| Loan servicing and clearing expenses | (1,908) | (451) | (138) | (2,497) | — | (2,497) |
| Amortization of other intangible assets | (231) | — | — | (231) | — | (231) |
| Intersegment expenses | 1,062 | (594) | (468) | — | — | — |
| Other [2] | (19,814) | (522) | (134) | (20,470) | — | (20,470) |
| Total non-interest expense | (96,442) | (5,267) | (1,123) | (102,832) | — | (102,832) |
| Income before income taxes | $45,490 | $4,694 | $24,300 | $74,484 | — | $74,484 |
| Income tax expense | (15,651) | — | (56) | (15,707) | — | (15,707) |
Cover / Front Matter
FAQ
- What is OFG Bancorp's wealth management — intersegment expenses?
- OFG Bancorp (OFG) reported wealth management — intersegment expenses of $594K in Q2 2026.
- How has OFG Bancorp's wealth management — intersegment expenses changed year-over-year?
- OFG Bancorp's wealth management — intersegment expenses increased by 4.2% year-over-year, from $570K to $594K.
- What is the long-term trend for OFG Bancorp's wealth management — intersegment expenses?
- Over 3 years (2022 to 2025), OFG Bancorp's wealth management — intersegment expenses has grown at a 15.6% compound annual growth rate (CAGR), from $1.5M to $2.31M.
- What does wealth management — intersegment expenses mean?
- Captures the costs allocated to the wealth management segment for services or resources provided by other internal business units within the parent company. This reflects the internal cost-sharing structure and the integration of the wealth management division with the broader banking organization. Analyzing these expenses is essential for understanding the true standalone cost structure of the segment.
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