OFG Bancorp OFG Brokered deposits
Brokered deposits at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:InterestBearingDomesticDepositBrokered.
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 brokered deposits?
- OFG Bancorp (OFG) reported brokered deposits of $189.9M in Q1 2026.
- How has OFG Bancorp's brokered deposits changed year-over-year?
- OFG Bancorp's brokered deposits increased by 14.5% year-over-year, from $165.81M to $189.9M.
- What is the long-term trend for OFG Bancorp's brokered deposits?
- Over 5 years (2020 to 2025), OFG Bancorp's brokered deposits has grown at a 47.2% compound annual growth rate (CAGR), from $49.12M to $339.99M.
- What does brokered deposits mean?
- Brokered deposits are funds obtained through third-party intermediaries or brokers rather than directly from the bank's own customer base. While they provide a quick way to raise liquidity, they are often more expensive and less stable than core retail deposits. High reliance on brokered deposits can signal a need for more aggressive funding strategies or potential liquidity constraints.