OFG Bancorp OFG Standby letters of credit and financial guarantees
Standby letters of credit and financial guarantees at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept ofg:StandbyLettersOfCreditAndFinancialGuarantees.
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 standby letters of credit and financial guarantees?
- OFG Bancorp (OFG) reported standby letters of credit and financial guarantees of $25.92M in Q1 2026.
- How has OFG Bancorp's standby letters of credit and financial guarantees changed year-over-year?
- OFG Bancorp's standby letters of credit and financial guarantees increased by 2.4% year-over-year, from $25.32M to $25.92M.
- What is the long-term trend for OFG Bancorp's standby letters of credit and financial guarantees?
- Over 5 years (2020 to 2025), OFG Bancorp's standby letters of credit and financial guarantees has grown at a 6.0% compound annual growth rate (CAGR), from $19.48M to $26.05M.
- What does standby letters of credit and financial guarantees mean?
- This represents the total value of standby letters of credit and financial guarantees provided to clients to ensure their performance or payment obligations to third parties. Unlike commercial letters of credit, these are typically drawn upon only in the event of a client default. This metric is a key indicator of the bank's contingent credit exposure and underwriting risk profile.