Ofg Bancorp (OFG) Operating Expenses (2010 - 2026)

Ofg Bancorp (OFG) reported Operating Expenses of $94.7 million for Q1 2026, up 1.34% year-over-year from $93.5 million in Q1 2025, and down 9.82% quarter-over-quarter from $105.0 million in Q4 2025.

Ofg Bancorp (OFG) Operating Expenses (2010 - 2026) Analysis & Trends

Ofg Bancorp (OFG) has 17 years of Operating Expenses data on file, last reported at $94.7 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $94.7 million, up 1.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $391.1 million (up 3.53% YoY), and the FY2025 annual result was $389.8 million, up 3.76% from the prior year.
  • Operating Expenses declined to $94.7 million in Q1 2026 per OFG's latest filing, from $105.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $105.0 million in Q4 2025 and troughed at $81.2 million in Q1 2022.
  • A 5-year average of $92.3 million and a median of $91.6 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses advanced 11.17% in 2023, then increased 1.32% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $91.6 million in 2022, then advanced by 2.68% to $94.1 million in 2023, then rose by 5.97% to $99.7 million in 2024, then gained by 5.31% to $105.0 million in 2025, then dropped by 9.82% to $94.7 million in 2026.
  • Business Quant data shows OFG's Operating Expenses at $94.7 million in Q1 2026, $105.0 million in Q4 2025, and $96.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -287,925.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 215.78 Bn 215.63 Bn - 7.75 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 Ofg Bancorp 2.05 Bn 1.42 Bn - 94.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 94.70 Mn
Dec 31, 2025 105.01 Mn
Sep 30, 2025 96.55 Mn
Jun 30, 2025 94.80 Mn
Mar 31, 2025 93.45 Mn
Dec 31, 2024 99.72 Mn
Sep 30, 2024 91.60 Mn
Jun 30, 2024 92.96 Mn
Mar 31, 2024 91.41 Mn
Dec 31, 2023 94.10 Mn
Sep 30, 2023 90.16 Mn
Jun 30, 2023 88.89 Mn
Mar 31, 2023 90.22 Mn
Dec 31, 2022 91.64 Mn
Sep 30, 2022 87.49 Mn
Jun 30, 2022 85.26 Mn
Mar 31, 2022 81.16 Mn
Dec 31, 2021 86.49 Mn
Sep 30, 2021 78.92 Mn
Jun 30, 2021 82.68 Mn