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OFG Bancorp OFG Wealth Management — Loan Servicing And Clearing Expenses
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Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept ofg:LoanServicingAndClearingExpenses.
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 |
|---|---|---|---|---|---|---|
| Electronic banking charges | (12,229) | — | — | (12,229) | — | (12,229) |
| Information technology expenses | (7,067) | (49) | (1) | (7,117) | — | (7,117) |
| 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) |
Cover / Front Matter
FAQ
- What is OFG Bancorp's wealth management — loan servicing and clearing expenses?
- OFG Bancorp (OFG) reported wealth management — loan servicing and clearing expenses of $451K in Q2 2026.
- How has OFG Bancorp's wealth management — loan servicing and clearing expenses changed year-over-year?
- OFG Bancorp's wealth management — loan servicing and clearing expenses increased by 33.8% year-over-year, from $337K to $451K.
- What is the long-term trend for OFG Bancorp's wealth management — loan servicing and clearing expenses?
- Over 3 years (2022 to 2025), OFG Bancorp's wealth management — loan servicing and clearing expenses has grown at a 8.8% compound annual growth rate (CAGR), from $1.4M to $1.8M.
- What does wealth management — loan servicing and clearing expenses mean?
- Refers to the operational costs associated with processing, clearing, and servicing financial transactions and loan portfolios within the wealth management segment. These expenses are critical for maintaining the integrity of client accounts and investment holdings. Fluctuations in these costs often correlate with the volume of trading activity or the size of the managed loan portfolio.
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