Ofg Bancorp OFG
NYSE OFG
$50.90 +0.19 (+0.37%)
At close: Nov 6, 2026 · 4:00 PM EST

Ofg Bancorp (OFG) Provision for Losses (2010 - 2026)

Updated

Ofg Bancorp (OFG) posted Provision for Losses of $13.01 million for Q2 2026, down 40.0% from $21.68 million a year earlier and down 42.2% from the prior quarter.

Analysis

Ofg Bancorp (OFG) Provision for Losses (2010 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Provision for Losses at Ofg Bancorp was $95.64 million, down 3.3% year-over-year; for FY2025, it was $107.51 million, up 30.7% from FY2024.

  • Annual Provision for Losses has increased for three consecutive years, with a five-year compound annual growth rate of 3.0% (FY2020 to FY2025).
  • In prior years, Ofg Bancorp's Provision for Losses was $82.25 million in FY2024 (+35.6%), $60.64 million in FY2023 (+151.4%), $24.12 million in FY2022 and $221,000 in FY2021 (-99.8%).
  • The Q2 2026 figure stands as the lowest quarterly Provision for Losses since Q1 2023.
  • On a year-over-year basis, Provision for Losses increased in six of the last eight quarters, with growth averaging 22.2%.
  • The strongest year-over-year quarter for Provision for Losses in the past five years was Q1 2023, with growth of 509.0%; the weakest was Q1 2022, with a decline of 75.5%.
  • According to Business Quant data, Provision for Losses for the three prior quarters was $22.48 million (Q1 2026), $31.89 million (Q4 2025) and $28.26 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Provision for Losses (Qtr)
1 Jpmorgan Chase 896.53 Bn 896.53 Bn - 2.74 Bn
2 Bank Of America 354.20 Bn -2,021.91 Bn - 1.30 Bn
3 Hsbc Holdings 303.54 Bn -1,800.05 Bn - -
4 Royal Bank Of Canada 283.29 Bn -546.75 Bn - 717.20 Mn
5 Morgan Stanley 281.19 Bn -262.84 Bn - -
6 Goldman Sachs 256.26 Bn -3,487.19 Bn - 368.00 Mn
7 Wells Fargo & Company 253.33 Bn 253.33 Bn - 1.03 Bn
8 Mitsubishi Ufj Financial 238.77 Bn -102.62 Bn 10.89 Bn -
9 American Express 216.03 Bn 15.51 Bn - 985.00 Mn
10 Ofg Bancorp 2.14 Bn -846.10 Mn - 18.14 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 18.14 Mn
Jun 30, 2026 13.01 Mn
Mar 31, 2026 22.48 Mn
Dec 31, 2025 31.89 Mn
Sep 30, 2025 28.26 Mn
Jun 30, 2025 21.68 Mn
Mar 31, 2025 25.69 Mn
Dec 31, 2024 30.19 Mn
Sep 30, 2024 21.36 Mn
Jun 30, 2024 15.58 Mn
Mar 31, 2024 15.12 Mn
Dec 31, 2023 19.72 Mn
Sep 30, 2023 16.43 Mn
Jun 30, 2023 15.04 Mn
Mar 31, 2023 9.45 Mn
Dec 31, 2022 8.76 Mn
Sep 30, 2022 7.12 Mn
Jun 30, 2022 6.69 Mn
Mar 31, 2022 1.55 Mn
Dec 31, 2021 7.20 Mn
API Access

Ofg Bancorp Provision for Losses 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=provision-for-losses&ticker=OFG&period=max&api_key=YOUR_API_KEY