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Ofg Bancorp (OFG) Rent Expense (2016 - 2025)

Historic Rent Expense for Ofg Bancorp (OFG) over the last 14 years, with Q3 2025 value amounting to $15.0 million.

  • Ofg Bancorp's Rent Expense fell 85.96% to $15.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $59.7 million, marking a year-over-year increase of 26.69%. This contributed to the annual value of $59.1 million for FY2024, which is 18.91% down from last year.
  • Per Ofg Bancorp's latest filing, its Rent Expense stood at $15.0 million for Q3 2025, which was down 85.96% from $14.6 million recorded in Q2 2025.
  • In the past 5 years, Ofg Bancorp's Rent Expense ranged from a high of $15.7 million in Q4 2023 and a low of $11.9 million during Q1 2022
  • Over the past 5 years, Ofg Bancorp's median Rent Expense value was $14.3 million (recorded in 2024), while the average stood at $13.9 million.
  • In the last 5 years, Ofg Bancorp's Rent Expense tumbled by 923.22% in 2022 and then surged by 1964.59% in 2023.
  • Quarter analysis of 5 years shows Ofg Bancorp's Rent Expense stood at $12.4 million in 2021, then grew by 11.82% to $13.9 million in 2022, then grew by 13.22% to $15.7 million in 2023, then decreased by 2.83% to $15.3 million in 2024, then fell by 1.9% to $15.0 million in 2025.
  • Its Rent Expense was $15.0 million in Q3 2025, compared to $14.6 million in Q2 2025 and $14.8 million in Q1 2025.