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

Ofg Bancorp's (OFG) quarterly Research & Development came in at $6.6 million in Q1 2026, up 4.93% year-on-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) Research & Development (2013 - 2026) Analysis & Trends

Ofg Bancorp (OFG) has 14 years of Research & Development data on file, last reported at $6.6 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 4.93% year-over-year to $6.6 million in Q1 2026; TTM through Mar 2026 was $27.1 million, a 0.55% decrease from a year earlier, with the FY2025 full-year figure at $26.8 million, down 2.81% from the prior year.
  • Research & Development for Q1 2026 stood at $6.6 million, down from $7.0 million in the prior quarter.
  • Over the last five years, Research & Development for OFG reached as high as $7.5 million in Q4 2024 and fell as low as $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.
  • Across the five-year window, Research & Development soared 45.54% in 2022 and slipped 8.67% in 2024, its largest moves.
  • Year by year, Research & Development stood at $6.3 million in 2022, then gained by 2.56% to $6.4 million in 2023, then advanced by 16.51% to $7.5 million in 2024, then retreated by 6.39% to $7.0 million in 2025, then fell by 6.23% to $6.6 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $6.6 million in Q1 2026, $7.0 million in Q4 2025, and $6.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 1.10 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 554,000.00
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - -
9 Us Bancorp 99.51 Bn 99.51 Bn - 573.00 Mn
10 Ofg Bancorp 2.24 Bn 1.60 Bn - 6.60 Mn

Historic Data

Download Data
DateValue
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