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| 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 |