Ofg Bancorp (OFG) Deferred Taxes (2010 - 2026)
Ofg Bancorp (OFG) reported Deferred Taxes of -$12.3 million for Q1 2026, down 335.31% year-over-year from $5.2 million in Q1 2025, and up 91.78% quarter-over-quarter from -$149.5 million in Q4 2025.
Ofg Bancorp (OFG) Deferred Taxes (2010 - 2026) Analysis & Trends
Ofg Bancorp (OFG) has 17 years of Deferred Taxes data on file, last reported at -$12.3 million in Q1 2026.
- Deferred Taxes for Q1 2026 came in at -$12.3 million, down 335.31% year-over-year; the trailing twelve-month figure through Mar 2026 was -$163.1 million (down 1192.5% YoY), and the FY2025 annual result was -$153.7 million, down 812.74% from the prior year.
- Deferred Taxes rose to -$12.3 million in Q1 2026 per OFG's latest filing, from -$149.5 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $19.3 million in Q3 2022 and troughed at -$149.5 million in Q4 2025.
- A 5-year average of -$936294.1 and a median of $12.3 million in 2024 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2022 and 2025: Deferred Taxes surged 5979.43% in 2022, then tumbled 1948.25% in 2025.
- A 5-year view of Deferred Taxes shows it stood at $8.9 million in 2022, then jumped by 84.35% to $16.4 million in 2023, then plunged by 144.49% to -$7.3 million in 2024, then plunged by 1948.25% to -$149.5 million in 2025, then soared by 91.78% to -$12.3 million in 2026.
- Business Quant data shows OFG's Deferred Taxes at -$12.3 million in Q1 2026, -$149.5 million in Q4 2025, and -$3.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | 3,357.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 671,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | -162,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | -1.07 Mn |
| 10 | Ofg Bancorp | 2.05 Bn | 1.42 Bn | - | -12.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.28 Mn |
| Dec 31, 2025 | -149.46 Mn |
| Sep 30, 2025 | -2.99 Mn |
| Jun 30, 2025 | 1.60 Mn |
| Mar 31, 2025 | -2.82 Mn |
| Dec 31, 2024 | -7.30 Mn |
| Sep 30, 2024 | 12.77 Mn |
| Jun 30, 2024 | 12.28 Mn |
| Mar 31, 2024 | 3.81 Mn |
| Dec 31, 2023 | 16.40 Mn |
| Sep 30, 2023 | 16.37 Mn |
| Jun 30, 2023 | 19.19 Mn |
| Mar 31, 2023 | 15.39 Mn |
| Dec 31, 2022 | 8.90 Mn |
| Sep 30, 2022 | 19.30 Mn |
| Jun 30, 2022 | 17.14 Mn |
| Mar 31, 2022 | 15.79 Mn |
| Dec 31, 2021 | 30.18 Mn |
| Sep 30, 2021 | 24.71 Mn |
| Jun 30, 2021 | 282,000.00 |