KPIs & Operating Metrics(New)

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

Ofg Bancorp (OFG) reported Rent Expense of $13.4 million for Q1 2026, down 9.46% year-over-year from $14.8 million in Q1 2025, and down 12.52% on a QoQ basis from $15.3 million in Q4 2025.

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

  • Quarterly Rent Expense fell 9.46% year-over-year to $13.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $58.4 million (down 2.08% YoY) and the FY2025 annual result came in at $59.8 million, up 1.11% from the prior year.
  • Rent Expense slipped to $13.4 million in Q1 2026 per OFG's latest filing, from $15.3 million in the prior quarter.
  • Across five years, Rent Expense topped out at $15.7 million in Q4 2023 and bottomed at $11.9 million in Q1 2022.
  • The 5-year median for Rent Expense is $14.4 million (2024), against an average of $14.3 million.
  • The widest annual swing landed in 2023, when Rent Expense advanced 19.65%; it then decreased 9.46% in 2026.
  • Tracing OFG's Rent Expense over 5 years: stood at $13.9 million in 2022, then grew by 13.22% to $15.7 million in 2023, then fell by 2.83% to $15.3 million in 2024, then increased by 0.35% to $15.3 million in 2025, then declined by 12.52% to $13.4 million in 2026.
  • Per Business Quant, the three latest OFG Rent Expense figures stand at $13.4 million (Q1 2026), $15.3 million (Q4 2025), and $15.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 634,000.00
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 1.45 Mn
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 262.00 Mn
10 Ofg Bancorp 1.94 Bn 1.30 Bn - 13.42 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 13.42 Mn
Mar 31, 2026 13.42 Mn
Dec 31, 2025 15.34 Mn
Dec 31, 2025 15.34 Mn
Sep 30, 2025 14.99 Mn
Sep 30, 2025 14.99 Mn
Jun 30, 2025 14.63 Mn
Jun 30, 2025 14.63 Mn
Mar 31, 2025 14.82 Mn
Mar 31, 2025 14.82 Mn
Dec 31, 2024 15.28 Mn
Dec 31, 2024 15.28 Mn
Sep 30, 2024 15.12 Mn
Sep 30, 2024 15.12 Mn
Jun 30, 2024 14.39 Mn
Jun 30, 2024 14.39 Mn
Mar 31, 2024 14.32 Mn
Mar 31, 2024 14.32 Mn
Dec 31, 2023 15.73 Mn
Dec 31, 2023 15.73 Mn
Sep 30, 2023 14.89 Mn
Sep 30, 2023 14.89 Mn
Jun 30, 2023 14.36 Mn
Jun 30, 2023 14.36 Mn
Mar 31, 2023 14.26 Mn
Mar 31, 2023 14.26 Mn
Dec 31, 2022 13.89 Mn
Dec 31, 2022 13.89 Mn
Sep 30, 2022 12.64 Mn
Sep 30, 2022 12.64 Mn
Jun 30, 2022 12.86 Mn
Jun 30, 2022 12.86 Mn
Mar 31, 2022 11.92 Mn
Mar 31, 2022 11.92 Mn
Dec 31, 2021 12.42 Mn
Dec 31, 2021 12.42 Mn
Sep 30, 2021 12.08 Mn
Sep 30, 2021 12.08 Mn
Jun 30, 2021 12.53 Mn
Jun 30, 2021 12.53 Mn
Mar 31, 2021 13.13 Mn
Mar 31, 2021 13.13 Mn
Dec 31, 2020 12.06 Mn
Dec 31, 2020 12.06 Mn
Sep 30, 2020 11.94 Mn
Sep 30, 2020 11.94 Mn
Jun 30, 2020 11.84 Mn
Jun 30, 2020 11.84 Mn
Mar 31, 2020 11.44 Mn
Mar 31, 2020 11.44 Mn
Dec 31, 2019 7.49 Mn
Dec 31, 2019 7.49 Mn
Sep 30, 2019 7.31 Mn
Sep 30, 2019 7.31 Mn
Jun 30, 2019 7.51 Mn
Jun 30, 2019 7.51 Mn
Mar 31, 2019 7.75 Mn
Mar 31, 2019 7.75 Mn
Dec 31, 2018 7.76 Mn
Dec 31, 2018 7.76 Mn
Sep 30, 2018 8.39 Mn
Sep 30, 2018 8.39 Mn
Jun 30, 2018 9.17 Mn
Jun 30, 2018 9.17 Mn
Mar 31, 2018 7.77 Mn
Mar 31, 2018 7.77 Mn
Dec 31, 2017 8.55 Mn
Dec 31, 2017 8.55 Mn
Sep 30, 2017 8.28 Mn
Sep 30, 2017 8.28 Mn
Jun 30, 2017 8.54 Mn
Jun 30, 2017 8.54 Mn
Mar 31, 2017 7.20 Mn
Mar 31, 2017 7.20 Mn
Dec 31, 2016 7.31 Mn
Dec 31, 2016 7.31 Mn
Sep 30, 2016 7.35 Mn
Sep 30, 2016 7.35 Mn
Jun 30, 2016 8.11 Mn
Jun 30, 2016 8.11 Mn
Mar 31, 2016 7.68 Mn
Mar 31, 2016 7.68 Mn
Dec 31, 2015 7.39 Mn
Dec 31, 2015 7.39 Mn
Sep 30, 2015 8.56 Mn
Sep 30, 2015 8.56 Mn
Jun 30, 2015 8.88 Mn
Jun 30, 2015 8.88 Mn
Mar 31, 2015 8.64 Mn
Mar 31, 2015 8.64 Mn
Dec 31, 2014 9.03 Mn
Dec 31, 2014 9.03 Mn
Sep 30, 2014 8.77 Mn
Sep 30, 2014 8.77 Mn
Jun 30, 2014 8.61 Mn
Jun 30, 2014 8.61 Mn
Mar 31, 2014 8.31 Mn
Mar 31, 2014 8.31 Mn
Dec 31, 2013 8.86 Mn
Dec 31, 2013 8.86 Mn
Sep 30, 2013 8.27 Mn
Sep 30, 2013 8.27 Mn
Jun 30, 2013 8.07 Mn
Jun 30, 2013 8.07 Mn
Mar 31, 2013 9.22 Mn
Mar 31, 2013 9.22 Mn
Sep 30, 2012 4.20 Mn
Sep 30, 2012 4.20 Mn
Jun 30, 2012 4.29 Mn
Jun 30, 2012 4.29 Mn
Mar 31, 2012 4.21 Mn
Mar 31, 2012 4.21 Mn
Dec 31, 2011 4.54 Mn
Dec 31, 2011 4.54 Mn
Sep 30, 2011 4.37 Mn
Sep 30, 2011 4.37 Mn
Jun 30, 2011 4.21 Mn
Jun 30, 2011 4.21 Mn
Mar 31, 2011 4.41 Mn
Mar 31, 2011 4.41 Mn
Dec 31, 2010 5.06 Mn
Dec 31, 2010 5.06 Mn
Sep 30, 2010 5.49 Mn
Sep 30, 2010 5.49 Mn
Jun 30, 2010 4.40 Mn
Jun 30, 2010 4.40 Mn