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OFG Bancorp OFG Loan Servicing And Clearing Expenses
Loan Servicing And Clearing Expenses at other companies
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Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept ofg:LoanServicingAndClearingExpenses.
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 | Quarter Ended June 30, 2026 | Quarter Ended June 30, 2025 | Six-Month Period Ended June 30, 2026 | Six-Month Period Ended June 30, 2025 |
|---|---|---|---|---|
| Taxes, other than payroll and income taxes | 4,158 | 3,743 | 8,291 | 7,469 |
| Insurance | 2,802 | 3,025 | 5,675 | 5,791 |
| Advertising, business promotion, and strategic initiatives | 3,187 | 2,544 | 6,204 | 5,161 |
| Loan servicing and clearing expenses | 2,497 | 2,172 | 5,061 | 4,406 |
| Communication | 1,100 | 1,221 | 2,199 | 2,340 |
| Printing, postage, stationery and supplies | 933 | 983 | 2,420 | 2,129 |
| Director and investor relations | 396 | 382 | 709 | 717 |
| Foreclosed real estate and other repossessed assets (income) expenses, net | (476) | 310 | (590) | 1,338 |
Cover / Front Matter
FAQ
- What is OFG Bancorp's loan servicing and clearing expenses?
- OFG Bancorp (OFG) reported loan servicing and clearing expenses of $2.5M in Q2 2026.
- How has OFG Bancorp's loan servicing and clearing expenses changed year-over-year?
- OFG Bancorp's loan servicing and clearing expenses increased by 15.0% year-over-year, from $2.17M to $2.5M.
- What is the long-term trend for OFG Bancorp's loan servicing and clearing expenses?
- Over 3 years (2022 to 2025), OFG Bancorp's loan servicing and clearing expenses has grown at a -0.1% compound annual growth rate (CAGR), from $9.16M to $9.15M.
- What does loan servicing and clearing expenses mean?
- These are the costs incurred for the administration, collection, and processing of loan portfolios, including payments to third-party sub-servicers or clearing houses. This metric is vital for understanding the operational efficiency of the lending business. High servicing costs relative to the loan portfolio size may indicate a need for process automation or improved internal management.
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