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

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

• Research & Development for Q1 2026 came in at $6.6 million, up 4.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.1 million (down 0.55% YoY), and the FY2025 annual result was $26.8 million, down 2.81% from the prior year.
• Research & Development declined to $6.6 million in Q1 2026 per OFG's latest filing, from $7.0 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 2026 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2024: Research & Development surged 45.54% in 2022, then declined 8.67% in 2024.
• A 5-year view of Research & Development shows it stood at $6.3 million in 2022, then grew by 2.56% to $6.4 million in 2023, then increased by 16.51% to $7.5 million in 2024, then dropped by 6.39% to $7.0 million in 2025, then slipped 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.