Ofg Bancorp OFG
NYSE OFG
$52.18 -0.37 (-0.70%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Ofg Bancorp's (OFG) quarterly Rent Expense came in at $14.3 million in Q2 2026, down 2.43% year-over-year from $14.6 million in Q2 2025, and up 6.37% quarter-over-quarter from $13.4 million in Q1 2026.

Analysis

Ofg Bancorp (OFG) Rent Expense (2010 - 2026) Analysis & Trends

Ofg Bancorp (OFG) has reported Rent Expense for 17 consecutive years, with $14.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Rent Expense fell 2.43% year-over-year to $14.3 million in Q2 2026; TTM through Jun 2026 was $58.0 million, a 3.06% decrease from a year earlier, with the FY2025 full-year figure at $59.8 million, up 1.11% from the prior year.
  • Rent Expense was $14.3 million for Q2 2026 at Ofg Bancorp, up from $13.4 million in the prior quarter.
  • Over five years, Rent Expense peaked at $15.7 million in Q4 2023 and troughed at $11.9 million in Q1 2022.
  • A 5-year average of $14.3 million and a median of $14.4 million in 2023 frame the typical range for Rent Expense.
  • Across the five-year window, Rent Expense climbed 19.65% in 2023 and slipped 9.46% in 2026, its largest moves.
  • Over 5 years, Rent Expense stood at $13.9 million in 2022, then increased by 13.22% to $15.7 million in 2023, then retreated by 2.83% to $15.3 million in 2024, then rose by 0.35% to $15.3 million in 2025, then dropped by 6.94% to $14.3 million in 2026.
  • The last three Rent Expense figures came in at $14.3 million (Q2 2026), $13.4 million (Q1 2026), and $15.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Banco Santander Chile 448.38 Bn 568.32 Bn - -
2 Truist Financial 63.10 Bn 63.10 Bn - 171.00 Mn
3 Fifth Third Bancorp 49.74 Bn 26.02 Bn - 154.00 Mn
4 M&T Bank 34.66 Bn 34.66 Bn - 129.00 Mn
5 Huntington Bancshares 34.41 Bn 29.92 Bn - 90.00 Mn
6 Citizens Financial 29.91 Bn 29.91 Bn - 108.00 Mn
7 Regions Financial 25.92 Bn 25.99 Bn - 73.00 Mn
8 Keycorp 23.68 Bn -24.02 Bn - 68.00 Mn
9 First Citizens Bancshares 22.94 Bn 22.41 Bn 29.00 Mn 59.00 Mn
10 Ofg Bancorp 2.25 Bn 1.50 Bn - 14.27 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 14.27 Mn
Mar 31, 2026 13.42 Mn
Dec 31, 2025 15.34 Mn
Sep 30, 2025 14.99 Mn
Jun 30, 2025 14.63 Mn
Mar 31, 2025 14.82 Mn
Dec 31, 2024 15.28 Mn
Sep 30, 2024 15.12 Mn
Jun 30, 2024 14.39 Mn
Mar 31, 2024 14.32 Mn
Dec 31, 2023 15.73 Mn
Sep 30, 2023 14.89 Mn
Jun 30, 2023 14.36 Mn
Mar 31, 2023 14.26 Mn
Dec 31, 2022 13.89 Mn
Sep 30, 2022 12.64 Mn
Jun 30, 2022 12.86 Mn
Mar 31, 2022 11.92 Mn
Dec 31, 2021 12.42 Mn
Sep 30, 2021 12.08 Mn