OFG Bancorp OFG Financed sales of foreclosed real estate
Financed sales of foreclosed real estate at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept ofg:FinancedSalesOfForeclosedRealEstate.
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 financed sales of foreclosed real estate?
- OFG Bancorp (OFG) reported financed sales of foreclosed real estate of $0 in Q1 2026.
- How has OFG Bancorp's financed sales of foreclosed real estate changed year-over-year?
- OFG Bancorp's financed sales of foreclosed real estate decreased by 100.0% year-over-year, from $206K to $0.
- What is the long-term trend for OFG Bancorp's financed sales of foreclosed real estate?
- Over 4 years (2021 to 2025), OFG Bancorp's financed sales of foreclosed real estate has grown at a -16.2% compound annual growth rate (CAGR), from $1.44M to $711K.
- What does financed sales of foreclosed real estate mean?
- This metric captures the portion of foreclosed real estate sales where the company provides financing to the buyer. While it facilitates the disposition of non-performing assets, it also introduces credit risk associated with the new loan. It is a critical metric for assessing the effectiveness of the bank's asset recovery process.