Ofg Bancorp (OFG) Other Accumulated Expenses (2012 - 2021)
Ofg Bancorp (OFG) recorded Other Accumulated Expenses of $731,000 in Q3 2021, down 90.9% from $8 million a year earlier and down 23.5% from the prior quarter.
Ofg Bancorp (OFG) Other Accumulated Expenses (2012 - 2021) Analysis & Trends
At the end of FY2020, Ofg Bancorp reported Other Accumulated Expenses of $1.5 million, down 87.2% from FY2019.
- Annual Other Accumulated Expenses has a five-year compound annual growth rate of 0.0% (FY2015 to FY2020).
- Across earlier years, Other Accumulated Expenses came in at $11.7 million in FY2019 (+277.4%), $3.1 million in FY2018 (+63.2%), $1.9 million in FY2017 (+11.8%) and $1.7 million in FY2016 (+13.3%).
- The Q3 2021 figure is the lowest quarterly Other Accumulated Expenses in data going back to Q2 2012.
- On a year-over-year basis, Other Accumulated Expenses has declined for four consecutive quarters, with growth averaging 123.3% over the last eight quarters.
- Peak year-over-year performance for Other Accumulated Expenses in the last five years was growth of 390.9% in Q1 2020, against a decline of 91.2% in Q2 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $955,000 (Q2 2021), $1.2 million (Q1 2021) and $1.5 million (Q4 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | Ofg Bancorp | 2.17 Bn | -994.35 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 731,000.00 |
| Jun 30, 2021 | 955,000.00 |
| Mar 31, 2021 | 1.20 Mn |
| Dec 31, 2020 | 1.50 Mn |
| Sep 30, 2020 | 8.00 Mn |
| Jun 30, 2020 | 10.80 Mn |
| Mar 31, 2020 | 10.80 Mn |
| Dec 31, 2019 | 11.70 Mn |
| Sep 30, 2019 | 1.80 Mn |
| Jun 30, 2019 | 2.50 Mn |
| Mar 31, 2019 | 2.20 Mn |
| Dec 31, 2018 | 3.10 Mn |
| Sep 30, 2018 | 2.60 Mn |
| Jun 30, 2018 | 1.70 Mn |
| Mar 31, 2018 | 1.70 Mn |
| Dec 31, 2017 | 1.90 Mn |
| Sep 30, 2017 | 2.10 Mn |
| Jun 30, 2017 | 1.90 Mn |
| Mar 31, 2017 | 1.40 Mn |
| Dec 31, 2016 | 1.70 Mn |
Ofg Bancorp Other Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=OFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "ticker": "OFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=OFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();