Ofg Bancorp (OFG) Change in Net Loans (2010 - 2019)
Ofg Bancorp (OFG) posted quarterly Change in Net Loans of $306.6 million for Q2 2019, down 24.76% year-over-year from $407.5 million in Q2 2018, and up 18.79% quarter-over-quarter from $258.1 million in Q1 2019.
Ofg Bancorp (OFG) Change in Net Loans (2010 - 2019) Analysis & Trends
Ofg Bancorp (OFG) has reported Change in Net Loans for 10 consecutive years, with $306.6 million the latest figure, recorded in Q2 2019.
- In Q2 2019, Change in Net Loans fell 24.76% year-over-year to $306.6 million; the TTM figure through Jun 2019 stood at $1.2 billion (up 6.82% YoY), while the FY2018 annual figure was $1.3 billion, up 64.13% from the prior year.
- Change in Net Loans advanced to $306.6 million in Q2 2019 per OFG's latest filing, from $258.1 million in the prior quarter.
- Across five years, Change in Net Loans topped out at $407.5 million in Q2 2018 and bottomed at $162.4 million in Q3 2017.
- Historically, Change in Net Loans has averaged $236.3 million across 5 years, with a median of $212.9 million in 2016.
- Annual changes were most pronounced in 2018 — Change in Net Loans jumped 98.5% — and 2019, when it retreated 24.76%.
- Ofg Bancorp's Change in Net Loans stood at $190.8 million in 2015, then grew by 11.5% to $212.7 million in 2016, then grew by 19.96% to $255.2 million in 2017, then grew by 17.56% to $299.9 million in 2018, then grew by 2.21% to $306.6 million in 2019.
- Business Quant data shows OFG's Change in Net Loans at $306.6 million in Q2 2019, $258.1 million in Q1 2019, and $299.9 million in Q4 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 6.72 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 288.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.13 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Ofg Bancorp | 2.21 Bn | 1.46 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 306.57 Mn |
| Mar 31, 2019 | 258.08 Mn |
| Dec 31, 2018 | 299.95 Mn |
| Sep 30, 2018 | 322.37 Mn |
| Jun 30, 2018 | 407.46 Mn |
| Mar 31, 2018 | 286.13 Mn |
| Dec 31, 2017 | 255.15 Mn |
| Sep 30, 2017 | 162.41 Mn |
| Jun 30, 2017 | 213.06 Mn |
| Mar 31, 2017 | 171.15 Mn |
| Dec 31, 2016 | 212.70 Mn |
| Sep 30, 2016 | 181.73 Mn |
| Jun 30, 2016 | 187.29 Mn |
| Mar 31, 2016 | 186.64 Mn |
| Dec 31, 2015 | 190.76 Mn |
| Sep 30, 2015 | 197.09 Mn |
| Jun 30, 2015 | 229.89 Mn |
| Mar 31, 2015 | 184.83 Mn |
| Dec 31, 2014 | 193.24 Mn |
| Sep 30, 2014 | 198.09 Mn |