Ofg Bancorp (OFG) Fed Funds Sold (2010 - 2021)
Ofg Bancorp (OFG) posted quarterly Fed Funds Sold of $7.5 million for Q3 2021, down 9.93% year-over-year from $8.3 million in Q3 2020, and down 0.6% quarter-over-quarter from $7.5 million in Q2 2021.
Ofg Bancorp (OFG) Fed Funds Sold (2010 - 2021) Analysis & Trends
Ofg Bancorp (OFG) has reported Fed Funds Sold for 12 consecutive years, with $7.5 million the latest figure, recorded in Q3 2021.
- In Q3 2021, Fed Funds Sold fell 9.93% year-over-year to $7.5 million; the TTM figure through Sep 2021 stood at $7.5 million (down 9.93% YoY), while the FY2020 annual figure was $8.3 million, down 36.56% from the prior year.
- Fed Funds Sold slipped to $7.5 million in Q3 2021 per OFG's latest filing, from $7.5 million in the prior quarter.
- Across five years, Fed Funds Sold topped out at $17.2 million in Q1 2017 and bottomed at $7.5 million in Q3 2021.
- Historically, Fed Funds Sold has averaged $11.6 million across 5 years, with a median of $12.5 million in 2018.
- Annual changes were most pronounced in 2017 — Fed Funds Sold increased 29.67% — and 2020, when it plunged 36.56%.
- Ofg Bancorp's Fed Funds Sold stood at $14.0 million in 2017, then fell by 9.65% to $12.6 million in 2018, then grew by 3.2% to $13.0 million in 2019, then slumped by 36.56% to $8.3 million in 2020, then decreased by 9.45% to $7.5 million in 2021.
- Business Quant data shows OFG's Fed Funds Sold at $7.5 million in Q3 2021, $7.5 million in Q2 2021, and $8.2 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 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 | - |
| 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 |
|---|---|
| Sep 30, 2021 | 7.50 Mn |
| Jun 30, 2021 | 7.54 Mn |
| Mar 31, 2021 | 8.23 Mn |
| Dec 31, 2020 | 8.28 Mn |
| Sep 30, 2020 | 8.32 Mn |
| Jun 30, 2020 | 8.37 Mn |
| Mar 31, 2020 | 10.30 Mn |
| Dec 31, 2019 | 13.05 Mn |
| Sep 30, 2019 | 10.53 Mn |
| Jun 30, 2019 | 12.82 Mn |
| Mar 31, 2019 | 12.80 Mn |
| Dec 31, 2018 | 12.64 Mn |
| Sep 30, 2018 | 12.46 Mn |
| Jun 30, 2018 | 14.92 Mn |
| Mar 31, 2018 | 11.50 Mn |
| Dec 31, 2017 | 14.00 Mn |
| Sep 30, 2017 | 14.02 Mn |
| Jun 30, 2017 | 16.62 Mn |
| Mar 31, 2017 | 17.16 Mn |
| Dec 31, 2016 | 10.79 Mn |