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Ofg Bancorp (OFG) Research & Development (2016 - 2025)

Historic Research & Development for Ofg Bancorp (OFG) over the last 10 years, with Q3 2025 value amounting to $6.8 million.

  • Ofg Bancorp's Research & Development fell 136.25% to $6.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $27.3 million, marking a year-over-year increase of 289.63%. This contributed to the annual value of $27.6 million for FY2024, which is 154.63% up from last year.
  • According to the latest figures from Q3 2025, Ofg Bancorp's Research & Development is $6.8 million, which was down 136.25% from $6.7 million recorded in Q2 2025.
  • Over the past 5 years, Ofg Bancorp's Research & Development peaked at $7.5 million during Q4 2024, and registered a low of $3.6 million during Q3 2021.
  • Over the past 5 years, Ofg Bancorp's median Research & Development value was $6.4 million (recorded in 2023), while the average stood at $6.1 million.
  • Its Research & Development has fluctuated over the past 5 years, first tumbled by 3865.01% in 2021, then skyrocketed by 4553.99% in 2022.
  • Quarter analysis of 5 years shows Ofg Bancorp's Research & Development stood at $5.6 million in 2021, then increased by 13.15% to $6.3 million in 2022, then increased by 2.56% to $6.4 million in 2023, then grew by 16.51% to $7.5 million in 2024, then dropped by 9.45% to $6.8 million in 2025.
  • Its Research & Development stands at $6.8 million for Q3 2025, versus $6.7 million for Q2 2025 and $6.3 million for Q1 2025.