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LeasesLong-Term Debt IssuancesMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsReceivables - NetRent ExpenseRevenue (Gross)
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Ofg Bancorp (OFG) Rent Expense (2016 - 2025)

Ofg Bancorp (OFG) has disclosed Rent Expense for 13 consecutive years, with $15.3 million as the latest value for Q4 2025.

  • Quarterly Rent Expense changed 0.35% to $15.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $59.8 million through Dec 2025, up 1.11% year-over-year, with the annual reading at $59.8 million for FY2025, 1.11% up from the prior year.
  • Rent Expense for Q4 2025 was $15.3 million at Ofg Bancorp, up from $15.0 million in the prior quarter.
  • The five-year high for Rent Expense was $15.7 million in Q4 2023, with the low at $11.9 million in Q1 2022.
  • Average Rent Expense over 5 years is $14.0 million, with a median of $14.3 million recorded in 2023.
  • The sharpest move saw Rent Expense decreased 9.23% in 2022, then increased 19.65% in 2023.
  • Over 5 years, Rent Expense stood at $12.4 million in 2021, then grew by 11.82% to $13.9 million in 2022, then increased by 13.22% to $15.7 million in 2023, then dropped by 2.83% to $15.3 million in 2024, then rose by 0.35% to $15.3 million in 2025.
  • According to Business Quant data, Rent Expense over the past three periods came in at $15.3 million, $15.0 million, and $14.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.