Ofg Bancorp (OFG) Provision for Losses (2010 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-losses", "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=provision-for-losses&ticker=OFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();