Ofg Bancorp (OFG) Deferred Taxes (2010 - 2026)
Ofg Bancorp (OFG) posted quarterly 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 reported Deferred Taxes for 17 consecutive years, with -$12.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Deferred Taxes fell 335.31% year-over-year to -$12.3 million; the TTM figure through Mar 2026 stood at -$163.1 million (down 1192.5% YoY), while the FY2025 annual figure was -$153.7 million, down 812.74% from the prior year.
- Deferred Taxes climbed to -$12.3 million in Q1 2026 per OFG's latest filing, from -$149.5 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $19.3 million in Q3 2022 and bottomed at -$149.5 million in Q4 2025.
- Historically, Deferred Taxes has averaged -$936294.1 across 5 years, with a median of $12.3 million in 2024.
- Annual changes were most pronounced in 2022 — Deferred Taxes surged 5979.43% — and 2025, when it tumbled 1948.25%.
- Ofg Bancorp's Deferred Taxes stood at $8.9 million in 2022, then surged by 84.35% to $16.4 million in 2023, then sank by 144.49% to -$7.3 million in 2024, then sank by 1948.25% to -$149.5 million in 2025, then jumped 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 | Hdfc Bank | 120.79 Bn | 84.59 Bn | - | - |
| 2 | Pnc Financial Services | 97.76 Bn | 97.76 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 95.81 Bn | 95.81 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.66 Bn | -144.43 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.84 Bn | -81.47 Bn | - | - |
| 7 | Nu Holdings | 70.83 Bn | 57.14 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.50 Bn | 61.50 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.52 Bn | 25.80 Bn | - | - |
| 10 | Ofg Bancorp | 2.18 Bn | 1.44 Bn | - | 8.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.41 Mn |
| 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 |