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 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 — intersegment expenses?
- OFG Bancorp (OFG) reported wealth management — intersegment expenses of $585K in Q1 2026.
- How has OFG Bancorp's wealth management — intersegment expenses changed year-over-year?
- OFG Bancorp's wealth management — intersegment expenses increased by 12.5% year-over-year, from $520K to $585K.
- 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.