Ofg Bancorp (OFG) Restructuring Costs (2013 - 2020)

Ofg Bancorp (OFG) has reported Restructuring Costs for 4 consecutive years, with $10.1 million the latest figure, recorded in Q4 2020.

• On a quarterly basis, Restructuring Costs fell 53.06% year-over-year to $10.1 million in Q4 2020; TTM through Sep 2021 was $10.1 million, a 63.29% decrease from a year earlier, with the FY2020 full-year figure at $16.1 million, down 33.14% from the prior year.
• Restructuring Costs was $10.1 million for Q4 2020 at Ofg Bancorp, up from $2.7 million in the prior quarter.
• Over five years, Restructuring Costs peaked at $21.5 million in Q4 2019 and troughed at $240000.0 in Q1 2018.
• A 3-year average of $5.0 million and a median of $2.1 million in 2019 frame the typical range for Restructuring Costs.
• The widest YoY moves for Restructuring Costs: up 200.6% in 2020, down 53.06% in 2020.
• Over 3 years, Restructuring Costs stood at $240000.0 in 2018, then soared by 8857.5% to $21.5 million in 2019, then tumbled by 53.06% to $10.1 million in 2020.
• The last three Restructuring Costs figures came in at $10.1 million (Q4 2020), $2.7 million (Q3 2020), and $3.0 million (Q2 2020), per Business Quant data.