Ofg Bancorp (OFG) Operating Expenses (2010 - 2026)
Ofg Bancorp's (OFG) quarterly Operating Expenses came in at $94.7 million in Q1 2026, up 1.34% year-on-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) 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.
- On a quarterly basis, Operating Expenses rose 1.34% year-over-year to $94.7 million in Q1 2026; TTM through Mar 2026 was $391.1 million, a 3.53% increase from a year earlier, with the FY2025 full-year figure at $389.8 million, up 3.76% from the prior year.
- Operating Expenses for Q1 2026 stood at $94.7 million, down from $105.0 million in the prior quarter.
- Over the last five years, Operating Expenses for OFG reached as high as $105.0 million in Q4 2025 and fell as low as $81.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $92.3 million across 5 years, with a median of $91.6 million in 2022.
- Across the five-year window, Operating Expenses rose 11.17% in 2023 and climbed 1.32% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $91.6 million in 2022, then increased by 2.68% to $94.1 million in 2023, then climbed by 5.97% to $99.7 million in 2024, then grew by 5.31% to $105.0 million in 2025, then retreated by 9.82% to $94.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | Ofg Bancorp | 2.24 Bn | 1.60 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 |