Ofg Bancorp (OFG) Interest Expenses (2010 - 2026)
Ofg Bancorp (OFG) reported Interest Expenses of $40.3 million for Q1 2026, little changed year-over-year from $40.2 million in Q1 2025, and down 9.36% quarter-over-quarter from $44.5 million in Q4 2025.
Ofg Bancorp (OFG) Interest Expenses (2010 - 2026) Analysis & Trends
Ofg Bancorp (OFG) has 17 years of Interest Expenses data on file, last reported at $40.3 million in Q1 2026.
- Interest Expenses for Q1 2026 came in at $40.3 million, changed 0.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $172.6 million (up 6.13% YoY), and the FY2025 annual result was $172.5 million, up 6.57% from the prior year.
- Interest Expenses declined to $40.3 million in Q1 2026 per OFG's latest filing, from $44.5 million in the prior quarter.
- Over five years, Interest Expenses peaked at $45.4 million in Q3 2025 and troughed at $7.1 million in Q2 2022.
- A 5-year average of $29.2 million and a median of $39.3 million in 2024 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses plunged 39.31% in 2022, then soared 212.66% in 2023.
- A 5-year view of Interest Expenses shows it stood at $10.4 million in 2022, then soared by 212.66% to $32.7 million in 2023, then rose by 25.62% to $41.0 million in 2024, then gained by 8.42% to $44.5 million in 2025, then dropped by 9.36% to $40.3 million in 2026.
- Business Quant data shows OFG's Interest Expenses at $40.3 million in Q1 2026, $44.5 million in Q4 2025, and $45.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -227,416.00 |
| 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 | - | 3.51 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 5.23 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 38.44 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Ofg Bancorp | 2.05 Bn | 1.42 Bn | - | 40.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.31 Mn |
| Mar 31, 2026 | 40.31 Mn |
| Dec 31, 2025 | 44.48 Mn |
| Dec 31, 2025 | 44.48 Mn |
| Sep 30, 2025 | 45.42 Mn |
| Sep 30, 2025 | 45.42 Mn |
| Jun 30, 2025 | 42.42 Mn |
| Jun 30, 2025 | 42.42 Mn |
| Mar 31, 2025 | 40.15 Mn |
| Mar 31, 2025 | 40.15 Mn |
| Dec 31, 2024 | 41.03 Mn |
| Dec 31, 2024 | 41.03 Mn |
| Sep 30, 2024 | 41.16 Mn |
| Sep 30, 2024 | 41.16 Mn |
| Jun 30, 2024 | 40.33 Mn |
| Jun 30, 2024 | 40.33 Mn |
| Mar 31, 2024 | 39.32 Mn |
| Mar 31, 2024 | 39.32 Mn |
| Dec 31, 2023 | 32.66 Mn |
| Dec 31, 2023 | 32.66 Mn |