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| 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 |