Ofg Bancorp (OFG) Research & Development (2013 - 2026)

Ofg Bancorp (OFG) has reported Research & Development for 14 consecutive years, with $7.1 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development rose 6.57% year-over-year to $7.1 million in Q2 2026; TTM through Jun 2026 was $27.6 million, a 0.64% increase from a year earlier, with the FY2025 full-year figure at $26.8 million, down 2.81% from the prior year.
• Research & Development was $7.1 million for Q2 2026 at Ofg Bancorp, up from $6.6 million in the prior quarter.
• Over five years, Research & Development peaked at $7.5 million in Q4 2024 and troughed at $4.8 million in Q1 2022.
• A 5-year average of $6.5 million and a median of $6.6 million in 2024 frame the typical range for Research & Development.
• Across the five-year window, Research & Development jumped 45.54% in 2022 and dropped 8.67% in 2024, its largest moves.
• Over 5 years, Research & Development stood at $6.3 million in 2022, then climbed by 2.56% to $6.4 million in 2023, then grew by 16.51% to $7.5 million in 2024, then slipped by 6.39% to $7.0 million in 2025, then increased by 1.17% to $7.1 million in 2026.
• The last three Research & Development figures came in at $7.1 million (Q2 2026), $6.6 million (Q1 2026), and $7.0 million (Q4 2025), per Business Quant data.