Ofg Bancorp (OFG) Restructuring Costs (2013 - 2020)
Ofg Bancorp (OFG) posted quarterly Restructuring Costs of $10.1 million for Q4 2020, down 53.06% year-over-year from $21.5 million in Q1 2020, and up 276.43% quarter-over-quarter from $2.7 million in Q3 2020.
Ofg Bancorp (OFG) Restructuring Costs (2013 - 2020) Analysis & Trends
Ofg Bancorp (OFG) has reported Restructuring Costs for 4 consecutive years, with $10.1 million the latest figure, recorded in Q4 2020.
- In Q4 2020, Restructuring Costs fell 53.06% year-over-year to $10.1 million; the TTM figure through Sep 2021 stood at $10.1 million (down 63.29% YoY), while the FY2020 annual figure was $16.1 million, down 33.14% from the prior year.
- Restructuring Costs improved to $10.1 million in Q4 2020 per OFG's latest filing, from $2.7 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $21.5 million in Q4 2019 and bottomed at $240000.0 in Q1 2018.
- Historically, Restructuring Costs has averaged $5.0 million across 3 years, with a median of $2.1 million in 2019.
- On a YoY basis, Restructuring Costs climbed as much as 200.6% in 2020 and fell as far as 53.06% in 2020.
- Ofg Bancorp's Restructuring Costs stood at $240000.0 in 2018, then surged by 8857.5% to $21.5 million in 2019, then tumbled by 53.06% to $10.1 million in 2020.
- Business Quant data shows OFG's Restructuring Costs at $10.1 million in Q4 2020, $2.7 million in Q3 2020, and $3.0 million in Q2 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 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 | - |
| 10 | Ofg Bancorp | 2.19 Bn | 1.45 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 10.09 Mn |
| Sep 30, 2020 | 2.68 Mn |
| Jun 30, 2020 | 3.01 Mn |
| Mar 31, 2020 | 304,000.00 |
| Dec 31, 2019 | 21.50 Mn |
| Sep 30, 2019 | 1.56 Mn |
| Jun 30, 2019 | 1.00 Mn |
| Mar 31, 2018 | 240,000.00 |
| Dec 31, 2013 | 4.60 Mn |
| Sep 30, 2013 | 2.25 Mn |
| Jun 30, 2013 | 5.27 Mn |
| Mar 31, 2013 | 5.53 Mn |