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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 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 |
|---|---|---|---|---|---|---|
| Depreciation and amortization of premises and equipment | (4,844) | (9) | (4) | (4,857) | — | (4,857) |
| 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) |
Cover / Front Matter
FAQ
- What is OFG Bancorp's wealth management — professional fees?
- OFG Bancorp (OFG) reported wealth management — professional fees of $953K in Q2 2026.
- How has OFG Bancorp's wealth management — professional fees changed year-over-year?
- OFG Bancorp's wealth management — professional fees increased by 15.5% year-over-year, from $825K to $953K.
- 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.
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