OFG Bancorp OFG Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Net Income by Business | |||||
| Banking | $73.45M+9.4% | $67.15M-36.1% | $105.08M-3.7% | $109.07M-12.5% | |
| Treasury | $112.97M-0.2% | $113.14M+86.1% | $60.8M+36.7% | $44.47M+452% | |
| Wealth Management | $18.69M+4.5% | $17.88M+11.8% | $15.99M+25.9% | $12.7M-5.5% | |
| Non-interest income, net by Business | |||||
| Banking | $82.21M-5.2% | $86.72M-10.7% | $97.1M-1.3% | $98.41M-0.5% | |
| Treasury | $1.95M— | —— | -$1.15M-481% | -$198K+85.5% | |
| Wealth Management | $38.83M+6.3% | $36.52M+12.6% | $32.43M-3.1% | $33.48M-6.0% | |
| Segment Reporting, Other Segment Item, Occupancy, Net by Business | |||||
| Banking | $38.58M+3.1% | $37.41M-2.2% | $38.25M+11.3% | $34.37M— | |
| Treasury | $72K-40.5% | $121K+8.0% | $112K+17.9% | $95K— | |
| Wealth Management | $668K-7.4% | $721K+49.0% | $484K-53.1% | $1.03M— | |
| Segment Reporting, Other Segment Item, Amount by Business | |||||
| Banking | $57.34M+2.1% | $56.17M+19.3% | $47.1M-1.8% | $47.95M— | |
| Treasury | $504K— | —— | $1.55M+13.9% | $1.36M— | |
| Wealth Management | $1.88M— | —— | $3M-34.1% | $4.55M— | |
| Interest Income by Business | |||||
| Banking | $636.79M+2.8% | $619.33M+9.1% | $567.81M+22.1% | $465.18M+7.6% | |
| Treasury | $149.63M+10.9% | $134.97M+41.4% | $95.48M+67.6% | $56.96M+234% | |
| Wealth Management | $21K-19.2% | $26K-7.1% | $28K+33.3% | $21K-30.0% | |
| Income Tax by Business | |||||
| Treasury | $226K+36.1% | $166K+66.0% | $100K-73.1% | $372K+765% | |
| Wealth Management | $17K+70.0% | $10K-70.6% | $34K-64.9% | $97K— | |
| Segment Reporting, Other Segment Item, Amortization of Intangible Assets by Business | |||||
| Banking | $1.15M-16.7% | $1.39M-14.2% | $1.62M-19.3% | $2M— | |
| Treasury | $0— | $0— | $0— | $0— | |
| Wealth Management | $0— | $0— | $0— | $0— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | |||||
| Banking | $102.23M-16.6% | $122.55M-34.9% | $188.32M+1.0% | $186.46M-3.4% | |
| Treasury | $113.19M-0.1% | $113.3M+86.0% | $60.9M+35.8% | $44.84M+454% | |
| Wealth Management | $18.7M+4.5% | $17.89M+11.7% | $16.03M+25.2% | $12.8M-4.8% | |
| Interest Income (Expense), Operating by Business | |||||
| Banking | $493.15M+4.6% | $471.67M-4.6% | $494.33M+14.1% | $433.25M+10.1% | |
| Treasury | $115.3M-1.2% | $116.75M+75.5% | $66.51M-78.3% | $307.03M+2,145% | |
| Wealth Management | $21K-19.2% | $26K-7.1% | $28K+33.3% | $21K-30.0% | |
| Noninterest Expense by Business | |||||
| Banking | $365.67M+3.5% | $353.4M+3.1% | $342.85M+6.8% | $321.06M+6.8% | |
| Treasury | $4M+9.9% | $3.64M-10.9% | $4.08M+7.8% | $3.78M-10.9% | |
| Wealth Management | $20.14M+8.0% | $18.65M+13.5% | $16.44M-20.6% | $20.7M-1.1% | |
| Total Assets by Business | |||||
| Banking | $39.61B+5.5% | $37.56B+7.0% | $35.1B+6.6% | $32.94B+0.6% | |
| Treasury | $14.15B+12.8% | $12.54B+16.6% | $10.76B-4.7% | $11.29B-9.9% | |
| Wealth Management | $138.83M-0.7% | $139.81M+3.4% | $135.19M+30.2% | $103.86M-10.7% | |
| Intersegment Expenses by Business | |||||
| Banking | -$4.01M-14.0% | -$3.52M-114% | -$1.64M+25.0% | -$2.19M— | |
| Treasury | $1.7M+21.6% | $1.4M+122% | $630K-8.7% | $690K— | |
| Wealth Management | $2.31M+9.0% | $2.12M+110% | $1.01M-32.5% | $1.5M— | |
| Interest Expense, Operating by Business | |||||
| Banking | $143.64M-2.7% | $147.66M+101% | $73.48M+130% | $31.93M— | |
| Treasury | $34.33M+88.4% | $18.22M-37.1% | $28.96M+256% | $8.15M— | |
| Wealth Management | $0— | $0— | $0— | $0— | |
| Labor and Related Expense by Business | |||||
| Banking | $150.95M+1.2% | $149.19M+1.3% | $147.24M+10.8% | $132.84M— | |
| Treasury | $1.12M+13.2% | $989K+3.1% | $959K+4.7% | $916K— | |
| Wealth Management | $10.35M+8.7% | $9.53M+24.9% | $7.63M-16.9% | $9.17M— | |
| Depreciation, Depletion and Amortization by Business | |||||
| Banking | $20.39M-2.0% | $20.81M+2.4% | $20.32M+29.2% | $15.72M— | |
| Treasury | $20K+5.3% | $19K-17.4% | $23K-20.7% | $29K— | |
| Wealth Management | $50K+4.2% | $48K-4.0% | $50K-13.8% | $58K— | |
| Financing Receivable, Credit Loss, Expense (Reversal) by Business | |||||
| Banking | $107.45M+30.3% | $82.44M+36.8% | $60.26M+150% | $24.11M+1,697% | |
| Treasury | $60K+132% | -$185K-148% | $383K+4,688% | $8K+101% | |
| Wealth Management | $0— | $0— | $0— | $0— | |
| Goodwill by Business | |||||
| Banking | $336.25M0.0% | $336.25M0.0% | $336.25M0.0% | $336.36M0.0% | |
| Treasury | $0— | $0— | $0— | —— | |
| Wealth Management | $712K0.0% | $712K0.0% | $712K-88.5% | $6.18M-22.8% | |
| Expenditures for long-lived assets by Business | |||||
| Banking | $18.38M-13.9% | $21.34M+19.5% | $17.85M-42.4% | $30.98M— | |
| Treasury | $2K— | $0-100% | $2K— | $0— | |
| Wealth Management | $3K— | $0-100% | $2K-88.2% | $17K— | |
| Information technology expenses by Business | |||||
| Banking | $26.62M-2.8% | $27.39M+1.7% | $26.95M+24.4% | $21.67M— | |
| Treasury | $0-100% | $1K-91.7% | $12K— | $0— | |
| Wealth Management | $190K+1.6% | $187K-8.3% | $204K-8.1% | $222K— | |
| Loan Servicing And Clearing Expenses by Business | |||||
| Banking | $6.89M+16.1% | $5.94M+2.3% | $5.81M-19.4% | $7.2M— | |
| Treasury | $454K-16.4% | $543K-1.5% | $551K-2.0% | $562K— | |
| Wealth Management | $1.8M+23.6% | $1.46M+2.7% | $1.42M+1.5% | $1.4M— | |
| Electronic Banking Charges by Business | |||||
| Banking | $47.08M+10.0% | $42.82M+3.6% | $41.34M+4.5% | $39.55M— | |
| Treasury | $0— | $0— | $0— | $0— | |
| Wealth Management | $0— | $0— | $0— | $0— | |
| Professional Fees by Business | |||||
| Banking | $20.68M+30.9% | $15.8M-0.5% | $15.88M-27.2% | $21.82M— | |
| Treasury | $127K-35.5% | $197K-17.9% | $240K-4.0% | $250K— | |
| Wealth Management | $2.9M+0.8% | $2.88M+8.7% | $2.65M-4.6% | $2.77M— | |
| Total Loans by Geography | |||||
| UNITED STATES | $107.9M+179% | $38.65M— | —— | —— | |
| Total loans by Geography | |||||
| Domestic - Puerto Rico | $10.24B+7.0% | $9.57B— | —— | —— | |
| US – Federal | $3.21B+15.3% | $2.79B— | —— | —— | |
| Number of subsidiaries by Geography | |||||
| Domestic - Puerto Rico | 30.0% | 30.0% | 30.0% | 3— | |
| US – Federal | 10.0% | 10.0% | 1-50.0% | 2— | |
| Financing Receivable, Excluding Accrued Interest, Nonaccrual by Geography | |||||
| Domestic - Puerto Rico | $92.73M+33.6% | $69.42M— | —— | —— | |
| US – Federal | $146.11M+97.8% | $73.87M— | —— | —— | |
| Prior by Geography | |||||
| Domestic - Puerto Rico | $860.73M-4.4% | $899.97M— | —— | —— | |
| US – Federal | $135.59M+6.4% | $127.47M— | —— | —— | |
| Revolving Loans Amortized Cost Basis, gross charge-offs by Geography | |||||
| Domestic - Puerto Rico | $0— | $0— | $0— | —— | |
| US – Federal | $0— | $0— | $0— | —— | |
| Term loans amortized by cost basis, in current fiscal year, gross charge-offs by Geography | |||||
| US – Federal | $0— | $0-100% | $33K— | —— | |
| Prior, charge-offs by Geography | |||||
| US – Federal | $0-100% | $1.5M-82.7% | $8.64M— | —— | |
| Term loans amortized by cost basis, in current fiscal year by Geography | |||||
| Domestic - Puerto Rico | $911.6M+59.9% | $569.94M— | —— | —— | |
| US – Federal | $476.85M+154% | $188.04M— | —— | —— | |
| Term loans amortized by cost basis, in one year prior to current fiscal year, gross charge-offs by Geography | |||||
| US – Federal | $0— | $0-100% | $1.16M— | —— | |
| Non-accrual with Allowance for Credit Loss by Geography | |||||
| Domestic - Puerto Rico | $70M+152% | $27.8M— | —— | —— | |
| US – Federal | $146.11M+106% | $70.98M— | —— | —— | |
| Non-accrual with no Allowance for Credit Loss by Geography | |||||
| Domestic - Puerto Rico | $23.99M-42.4% | $41.62M— | —— | —— | |
| US – Federal | $0-100% | $2.89M— | —— | —— | |
| Term loans amortized by cost basis, in two years prior to current fiscal year, gross charge-offs by Geography | |||||
| Domestic - Puerto Rico | $2.13M+614% | $298K-72.8% | $1.1M— | —— | |
| US – Federal | $9K— | —— | $642K— | —— | |
| Term loans amortized by cost basis, in four years prior to current fiscal year, gross charge-offs by Geography | |||||
| US – Federal | $3.65M— | $0— | $0— | —— | |
| Number of branches by Geography | |||||
| Domestic - Puerto Rico | 420.0% | 420.0% | 42+2.4% | 41— | |
| USVI | 20.0% | 20.0% | 20.0% | 2— | |
| Term loans amortized by cost basis, in one year prior to current fiscal year by Geography | |||||
| Domestic - Puerto Rico | $664.63M-40.2% | $1.11B— | —— | —— | |
| US – Federal | $256.4M-54.5% | $564.09M— | —— | —— | |
| Term loans amortized by cost basis, in three years prior to current fiscal year by Geography | |||||
| Domestic - Puerto Rico | $806.23M+0.9% | $798.65M— | —— | —— | |
| US – Federal | $139.56M-48.6% | $271.4M— | —— | —— | |
| Term loans amortized by cost basis, in two years prior to current fiscal year by Geography | |||||
| Domestic - Puerto Rico | $922.39M-0.2% | $924.59M— | —— | —— | |
| US – Federal | $477.92M+117% | $220.14M— | —— | —— | |
| Revolving Loans Amortized Cost Basis by Geography | |||||
| Domestic - Puerto Rico | $2.32B+16.8% | $1.98B— | —— | —— | |
| US – Federal | $1.55B+18.0% | $1.32B— | —— | —— | |
| Term loans amortized by cost basis, in four years prior to current fiscal year by Geography | |||||
| Domestic - Puerto Rico | $736.9M+63.8% | $449.82M— | —— | —— | |
| US – Federal | $176.63M+74.9% | $100.97M— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does OFG Bancorp break its business down?
- OFG Bancorp (OFG) reports net income by business across 3 parts — Banking, Treasury and Wealth Management. Each is extracted from the segment footnotes and tracked over time.
- Where does OFG Bancorp's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in OFG Bancorp's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.