OFG Bancorp OFG Provision for Credit Losses
Discontinued — last reported Q1 '26
Provision for Credit Losses at other companies
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Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.
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 provision for credit losses?
- OFG Bancorp (OFG) reported provision for credit losses of $22.48M in Q1 2026.
- How has OFG Bancorp's provision for credit losses changed year-over-year?
- OFG Bancorp's provision for credit losses decreased by 12.5% year-over-year, from $25.69M to $22.48M.
- What is the long-term trend for OFG Bancorp's provision for credit losses?
- Over 4 years (2021 to 2025), OFG Bancorp's provision for credit losses has grown at a 369.6% compound annual growth rate (CAGR), from $221K to $107.51M.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.