Ofg Bancorp (OFG) Rent Expense (2010 - 2026)

Ofg Bancorp (OFG) has 17 years of Rent Expense data on file, last reported at $13.4 million in Q1 2026.

• On a quarterly basis, Rent Expense fell 9.46% year-over-year to $13.4 million in Q1 2026; TTM through Mar 2026 was $58.4 million, a 2.08% decrease from a year earlier, with the FY2025 full-year figure at $59.8 million, up 1.11% from the prior year.
• Rent Expense for Q1 2026 stood at $13.4 million, down from $15.3 million in the prior quarter.
• Over the last five years, Rent Expense for OFG reached as high as $15.7 million in Q4 2023 and fell as low as $11.9 million in Q1 2022.
• Historically, Rent Expense has averaged $14.3 million across 5 years, with a median of $14.4 million in 2024.
• Across the five-year window, Rent Expense advanced 19.65% in 2023 and decreased 9.46% in 2026, its largest moves.
• Year by year, Rent Expense stood at $13.9 million in 2022, then climbed by 13.22% to $15.7 million in 2023, then declined by 2.83% to $15.3 million in 2024, then grew by 0.35% to $15.3 million in 2025, then dropped by 12.52% to $13.4 million in 2026.
• Per Business Quant data, the three most recent Rent Expense figures were $13.4 million in Q1 2026, $15.3 million in Q4 2025, and $15.0 million in Q3 2025.