OFG Bancorp OFG Wealth Management — Professional Fees
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Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:ProfessionalFees.
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 — professional fees?
- OFG Bancorp (OFG) reported wealth management — professional fees of $719K in Q1 2026.
- How has OFG Bancorp's wealth management — professional fees changed year-over-year?
- OFG Bancorp's wealth management — professional fees increased by 12.0% year-over-year, from $642K to $719K.
- What is the long-term trend for OFG Bancorp's wealth management — professional fees?
- Over 3 years (2022 to 2025), OFG Bancorp's wealth management — professional fees has grown at a 1.5% compound annual growth rate (CAGR), from $2.77M to $2.9M.
- What does wealth management — professional fees mean?
- Includes payments made to external consultants, legal advisors, and other professional service providers specifically for the wealth management business unit. These fees are often associated with regulatory compliance, specialized financial advisory, or strategic project support. High levels of professional fees may indicate complex operational needs or reliance on external expertise.