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Ofg Bancorp (OFG) Rent Expense: 2009-2024

Historic Rent Expense for Ofg Bancorp (OFG) over the last 16 years, with Dec 2024 value amounting to $59.1 million.

  • Ofg Bancorp's Rent Expense fell 0.86% 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 0.27%. This contributed to the annual value of $59.1 million for FY2024, which is 0.19% down from last year.
  • As of FY2024, Ofg Bancorp's Rent Expense stood at $59.1 million, which was down 0.19% from $59.2 million recorded in FY2023.
  • Over the past 5 years, Ofg Bancorp's Rent Expense peaked at $59.2 million during FY2023, and registered a low of $47.3 million during FY2020.
  • In the last 3 years, Ofg Bancorp's Rent Expense had a median value of $59.1 million in 2024 and averaged $56.6 million.
  • As far as peak fluctuations go, Ofg Bancorp's Rent Expense surged by 57.34% in 2020, and later declined by 0.19% in 2024.
  • Over the past 5 years, Ofg Bancorp's Rent Expense (Yearly) stood at $47.3 million in 2020, then rose by 6.08% to $50.2 million in 2021, then grew by 2.29% to $51.3 million in 2022, then rose by 15.45% to $59.2 million in 2023, then fell by 0.19% to $59.1 million in 2024.