Ofg Bancorp (OFG) Tax Provisions (2010 - 2026)
Ofg Bancorp (OFG) posted quarterly Tax Provisions of $14.9 million for Q1 2026, up 7.07% year-over-year from $13.9 million in Q1 2025, and up 275.08% quarter-over-quarter from -$8.5 million in Q4 2025.
Ofg Bancorp (OFG) Tax Provisions (2010 - 2026) Analysis & Trends
Ofg Bancorp (OFG) has reported Tax Provisions for 17 consecutive years, with $14.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 7.07% year-over-year to $14.9 million; the TTM figure through Mar 2026 stood at $30.0 million (down 41.52% YoY), while the FY2025 annual figure was $29.0 million, down 47.8% from the prior year.
- Tax Provisions advanced to $14.9 million in Q1 2026 per OFG's latest filing, from -$8.5 million in the prior quarter.
- Across five years, Tax Provisions topped out at $21.8 million in Q4 2023 and bottomed at -$8.5 million in Q4 2025.
- Historically, Tax Provisions has averaged $15.3 million across 5 years, with a median of $18.2 million in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 41.78% — and 2025, when it slumped 442.45%.
- Ofg Bancorp's Tax Provisions stood at $21.8 million in 2022, then increased by 0.32% to $21.8 million in 2023, then tumbled by 88.65% to $2.5 million in 2024, then plunged by 442.45% to -$8.5 million in 2025, then soared by 275.08% to $14.9 million in 2026.
- Business Quant data shows OFG's Tax Provisions at $14.9 million in Q1 2026, -$8.5 million in Q4 2025, and $9.5 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Ofg Bancorp | 2.21 Bn | 1.46 Bn | - | 15.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.71 Mn |
| Mar 31, 2026 | 14.86 Mn |
| Dec 31, 2025 | -8.49 Mn |
| Sep 30, 2025 | 9.50 Mn |
| Jun 30, 2025 | 14.10 Mn |
| Mar 31, 2025 | 13.88 Mn |
| Dec 31, 2024 | 2.48 Mn |
| Sep 30, 2024 | 14.80 Mn |
| Jun 30, 2024 | 20.10 Mn |
| Mar 31, 2024 | 18.20 Mn |
| Dec 31, 2023 | 21.84 Mn |
| Sep 30, 2023 | 21.00 Mn |
| Jun 30, 2023 | 21.60 Mn |
| Mar 31, 2023 | 18.90 Mn |
| Dec 31, 2022 | 21.77 Mn |
| Sep 30, 2022 | 20.60 Mn |
| Jun 30, 2022 | 18.92 Mn |
| Mar 31, 2022 | 16.60 Mn |
| Dec 31, 2021 | 15.35 Mn |
| Sep 30, 2021 | 19.60 Mn |