OFG Bancorp OFG Customer's Liability for Acceptances, Net
Customer's Liability for Acceptances, Net at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:CustomersLiabilityForAcceptancesNet.
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 customer's liability for acceptances, net?
- OFG Bancorp (OFG) reported customer's liability for acceptances, net of $22.67M in Q1 2026.
- How has OFG Bancorp's customer's liability for acceptances, net changed year-over-year?
- OFG Bancorp's customer's liability for acceptances, net decreased by 35.7% year-over-year, from $35.27M to $22.67M.
- What is the long-term trend for OFG Bancorp's customer's liability for acceptances, net?
- Over 5 years (2020 to 2025), OFG Bancorp's customer's liability for acceptances, net has grown at a -7.6% compound annual growth rate (CAGR), from $33.35M to $22.44M.
- What does customer's liability for acceptances, net mean?
- This represents the net amount owed to the bank by customers for whom the bank has issued or accepted a draft or bill of exchange. It reflects the bank's credit exposure arising from trade finance activities where the bank guarantees payment. A higher balance indicates increased activity in trade finance services provided to commercial clients.