Ofg Bancorp (OFG) Research & Development (2013 - 2026)
Ofg Bancorp (OFG) reported Research & Development of $6.6 million for Q1 2026, up 4.93% year-over-year from $6.3 million in Q1 2025, and down 6.23% on a QoQ basis from $7.0 million in Q4 2025.
Ofg Bancorp (OFG) has 14 years of Research & Development data on file, last reported at $6.6 million in Q1 2026.
- Quarterly Research & Development rose 4.93% year-over-year to $6.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $27.1 million (down 0.55% YoY) and the FY2025 annual result came in at $26.8 million, down 2.81% from the prior year.
- Research & Development fell to $6.6 million in Q1 2026 per OFG's latest filing, from $7.0 million in the prior quarter.
- Across five years, Research & Development topped out at $7.5 million in Q4 2024 and bottomed at $4.8 million in Q1 2022.
- The 5-year median for Research & Development is $6.6 million (2026), against an average of $6.5 million.
- The widest annual swing landed in 2022, when Research & Development soared 45.54%; it then slipped 8.67% in 2024.
- Tracing OFG's Research & Development over 5 years: stood at $6.3 million in 2022, then advanced by 2.56% to $6.4 million in 2023, then climbed by 16.51% to $7.5 million in 2024, then decreased by 6.39% to $7.0 million in 2025, then retreated by 6.23% to $6.6 million in 2026.
- Per Business Quant, the three latest OFG Research & Development figures stand at $6.6 million (Q1 2026), $7.0 million (Q4 2025), and $6.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | - | 1.10 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 554,000.00 |
| 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 | - | - |
| 10 | Ofg Bancorp | 1.94 Bn | 1.30 Bn | - | 6.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.60 Mn |
| Dec 31, 2025 | 7.04 Mn |
| Sep 30, 2025 | 6.81 Mn |
| Jun 30, 2025 | 6.68 Mn |
| Mar 31, 2025 | 6.29 Mn |
| Dec 31, 2024 | 7.52 Mn |
| Sep 30, 2024 | 6.90 Mn |
| Jun 30, 2024 | 6.57 Mn |
| Mar 31, 2024 | 6.60 Mn |
| Dec 31, 2023 | 6.45 Mn |
| Sep 30, 2023 | 7.11 Mn |
| Jun 30, 2023 | 7.19 Mn |
| Mar 31, 2023 | 6.42 Mn |
| Dec 31, 2022 | 6.29 Mn |
| Sep 30, 2022 | 5.27 Mn |
| Jun 30, 2022 | 5.53 Mn |
| Mar 31, 2022 | 4.80 Mn |
| Dec 31, 2021 | 5.56 Mn |
| Sep 30, 2021 | 3.62 Mn |
| Jun 30, 2021 | 5.53 Mn |
| Mar 31, 2021 | 4.25 Mn |
| Dec 31, 2020 | 4.56 Mn |
| Sep 30, 2020 | 5.38 Mn |
| Jun 30, 2020 | 3.94 Mn |
| Mar 31, 2020 | 6.93 Mn |
| Dec 31, 2019 | 2.91 Mn |
| Sep 30, 2019 | 2.25 Mn |
| Jun 30, 2019 | 2.20 Mn |
| Mar 31, 2019 | 2.51 Mn |
| Dec 31, 2018 | 2.16 Mn |
| Sep 30, 2018 | 2.06 Mn |
| Jun 30, 2018 | 2.00 Mn |
| Mar 31, 2018 | 2.01 Mn |
| Dec 31, 2017 | 1.90 Mn |
| Sep 30, 2017 | 2.05 Mn |
| Jun 30, 2017 | 2.07 Mn |
| Mar 31, 2017 | 2.00 Mn |
| Dec 31, 2016 | 1.99 Mn |
| Sep 30, 2016 | 1.86 Mn |
| Jun 30, 2016 | 1.61 Mn |
| Mar 31, 2016 | 1.66 Mn |
| Dec 31, 2015 | 1.29 Mn |
| Sep 30, 2015 | 1.36 Mn |
| Jun 30, 2015 | 1.54 Mn |
| Mar 31, 2015 | 1.45 Mn |
| Dec 31, 2014 | 1.43 Mn |
| Sep 30, 2014 | 1.29 Mn |
| Jun 30, 2014 | 1.49 Mn |
| Mar 31, 2014 | 1.82 Mn |
| Dec 31, 2013 | 2.84 Mn |
| Sep 30, 2013 | 2.73 Mn |
| Jun 30, 2013 | 2.34 Mn |
| Mar 31, 2013 | 2.64 Mn |