Ofg Bancorp (OFG) Research & Development (2013 - 2026)
Ofg Bancorp (OFG) posted quarterly 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% quarter-over-quarter from $7.0 million in Q4 2025.
Ofg Bancorp (OFG) Research & Development (2013 - 2026) Analysis & Trends
Ofg Bancorp (OFG) has reported Research & Development for 14 consecutive years, with $6.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 4.93% year-over-year to $6.6 million; the TTM figure through Mar 2026 stood at $27.1 million (down 0.55% YoY), while the FY2025 annual figure was $26.8 million, down 2.81% from the prior year.
- Research & Development slipped 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.
- Historically, Research & Development has averaged $6.5 million across 5 years, with a median of $6.6 million in 2026.
- Annual changes were most pronounced in 2022 — Research & Development surged 45.54% — and 2024, when it declined 8.67%.
- Ofg Bancorp's Research & Development stood at $6.3 million in 2022, then increased by 2.56% to $6.4 million in 2023, then rose by 16.51% to $7.5 million in 2024, then declined by 6.39% to $7.0 million in 2025, then dropped by 6.23% to $6.6 million in 2026.
- Business Quant data shows OFG's Research & Development at $6.6 million in Q1 2026, $7.0 million in Q4 2025, and $6.8 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | Ofg Bancorp | 2.19 Bn | 1.45 Bn | - | 7.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.12 Mn |
| 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 |