Ofg Bancorp (OFG) Provisions (2010 - 2026)
Ofg Bancorp (OFG) posted quarterly Provisions of $22.5 million for Q1 2026, down 12.48% year-over-year from $25.7 million in Q1 2025, and down 29.5% quarter-over-quarter from $31.9 million in Q4 2025.
Ofg Bancorp (OFG) Provisions (2010 - 2026) Analysis & Trends
Ofg Bancorp (OFG) has reported Provisions for 17 consecutive years, with $22.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Provisions fell 12.48% year-over-year to $22.5 million; the TTM figure through Mar 2026 stood at $104.3 million (up 6.12% YoY), while the FY2025 annual figure was $107.5 million, up 22.56% from the prior year.
- Provisions slipped to $22.5 million in Q1 2026 per OFG's latest filing, from $31.9 million in the prior quarter.
- Across five years, Provisions topped out at $35.7 million in Q4 2024 and bottomed at $1.6 million in Q1 2022.
- Historically, Provisions has averaged $18.0 million across 5 years, with a median of $16.4 million in 2023.
- Annual changes were most pronounced in 2022 — Provisions slumped 75.47% — and 2023, when it jumped 508.96%.
- Ofg Bancorp's Provisions stood at $8.8 million in 2022, then surged by 125.18% to $19.7 million in 2023, then soared by 80.85% to $35.7 million in 2024, then declined by 10.58% to $31.9 million in 2025, then declined by 29.5% to $22.5 million in 2026.
- Business Quant data shows OFG's Provisions at $22.5 million in Q1 2026, $31.9 million in Q4 2025, and $28.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 213.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 538.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 395.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 131.00 Mn |
| 10 | Ofg Bancorp | 2.19 Bn | 1.45 Bn | - | 14.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.91 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 | 35.66 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 | 10.25 Mn |
| Jun 30, 2022 | 6.69 Mn |
| Mar 31, 2022 | 1.55 Mn |
| Dec 31, 2021 | 7.20 Mn |
| Sep 30, 2021 | -5.00 Mn |