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OFG Bancorp OFG Data processing and equipment

Data processing and equipment at other companies

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Segments

By segment

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Banking$6.56M+5.2%
Wealth Management$37K-32.7%
Treasury$0+100%

Other financials

Income statement

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Revenue$186.0M+4.1%
Net income$53.9M+18.4%
EPS (diluted)$1.26+26.0%

Balance sheet

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Cash & equivalents$636.5M-10.4%
Total debt$22.1M+6.2%
Total equity$1.4B+5.5%
Total assets$12.0B+2.7%

Cash flow

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Operating cash flow$73.1M-12.0%
CapEx$4.4M+0.1%
Free cash flow$68.8M-12.6%

Valuation

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Market cap$2.05B-5.5%

Profitability

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Net margin28.9%+1.8pp
FCF margin25.6%-10.0pp

Returns & leverage

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Return on equity16%+0.6pp
Debt / equity0×0.0×

Where this comes from

Reported directly by OFG Bancorp in its filing.

Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.

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 data processing and equipment?
OFG Bancorp (OFG) reported data processing and equipment of $6.6M in Q1 2026.
How has OFG Bancorp's data processing and equipment changed year-over-year?
OFG Bancorp's data processing and equipment increased by 4.9% year-over-year, from $6.29M to $6.6M.
What is the long-term trend for OFG Bancorp's data processing and equipment?
Over 4 years (2021 to 2025), OFG Bancorp's data processing and equipment has grown at a 9.0% compound annual growth rate (CAGR), from $18.97M to $26.81M.
What does data processing and equipment mean?
This encompasses expenses related to software licensing, hardware maintenance, data center operations, and third-party IT support services. It is a critical indicator of a financial institution's investment in digital transformation and operational resilience. Effective management of these costs is essential for maintaining a competitive edge in modern banking.