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% on a QoQ basis from $105.0 million in Q4 2025.
Ofg Bancorp (OFG) has 17 years of Operating Expenses data on file, last reported at $94.7 million in Q1 2026.
- Quarterly Operating Expenses rose 1.34% year-over-year to $94.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $391.1 million (up 3.53% YoY) and the FY2025 annual result came in at $389.8 million, up 3.76% from the prior year.
- Operating Expenses fell to $94.7 million in Q1 2026 per OFG's latest filing, from $105.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $105.0 million in Q4 2025 and bottomed at $81.2 million in Q1 2022.
- The 5-year median for Operating Expenses is $91.6 million (2022), against an average of $92.3 million.
- The widest annual swing landed in 2023, when Operating Expenses rose 11.17%; it then climbed 1.32% in 2024.
- Tracing OFG's Operating Expenses over 5 years: stood at $91.6 million in 2022, then rose by 2.68% to $94.1 million in 2023, then grew by 5.97% to $99.7 million in 2024, then increased by 5.31% to $105.0 million in 2025, then decreased by 9.82% to $94.7 million in 2026.
- Per Business Quant, the three latest OFG Operating Expenses figures stand at $94.7 million (Q1 2026), $105.0 million (Q4 2025), and $96.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 11.90 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 2.55 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -20.00 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 3.77 Bn |
| 10 | Ofg Bancorp | 1.93 Bn | 1.29 Bn | - | 94.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 77.67 Mn |
| Dec 31, 2020 | 89.04 Mn |
| Sep 30, 2020 | 83.44 Mn |
| Jun 30, 2020 | 85.48 Mn |
| Mar 31, 2020 | 87.32 Mn |
| Dec 31, 2019 | 78.91 Mn |
| Sep 30, 2019 | 50.73 Mn |
| Jun 30, 2019 | 51.45 Mn |
| Mar 31, 2019 | 52.15 Mn |
| Dec 31, 2018 | 51.72 Mn |
| Sep 30, 2018 | 50.94 Mn |
| Jun 30, 2018 | 52.30 Mn |
| Mar 31, 2018 | 52.12 Mn |
| Dec 31, 2017 | 46.66 Mn |
| Sep 30, 2017 | 50.47 Mn |
| Jun 30, 2017 | 52.82 Mn |
| Mar 31, 2017 | 51.68 Mn |
| Dec 31, 2016 | 52.38 Mn |
| Sep 30, 2016 | 54.93 Mn |
| Jun 30, 2016 | 53.83 Mn |
| Mar 31, 2016 | 54.86 Mn |
| Dec 31, 2015 | 58.65 Mn |
| Sep 30, 2015 | 69.09 Mn |
| Jun 30, 2015 | 64.44 Mn |
| Mar 31, 2015 | 56.33 Mn |
| Dec 31, 2014 | 61.90 Mn |
| Sep 30, 2014 | 59.58 Mn |
| Jun 30, 2014 | 59.85 Mn |
| Mar 31, 2014 | 61.40 Mn |
| Dec 31, 2013 | 65.60 Mn |
| Sep 30, 2013 | 63.23 Mn |
| Jun 30, 2013 | 68.69 Mn |
| Mar 31, 2013 | 66.81 Mn |
| Sep 30, 2012 | 31.65 Mn |
| Jun 30, 2012 | 29.71 Mn |
| Mar 31, 2012 | 29.00 Mn |
| Dec 31, 2011 | 33.01 Mn |
| Sep 30, 2011 | 30.20 Mn |
| Jun 30, 2011 | 30.70 Mn |
| Mar 31, 2011 | 30.78 Mn |
| Dec 31, 2010 | 30.58 Mn |
| Sep 30, 2010 | 32.71 Mn |
| Jun 30, 2010 | 27.85 Mn |