Ofg Bancorp (OFG) Tax Provisions (2010 - 2026)
Ofg Bancorp (OFG) reported Tax Provisions of $14.9 million for Q1 2026, up 6.88% year-over-year from $13.9 million in Q1 2025, and up 275.35% quarter-over-quarter from -$8.5 million in Q4 2025.
Ofg Bancorp (OFG) Tax Provisions (2010 - 2026) Analysis & Trends
Ofg Bancorp (OFG) has 17 years of Tax Provisions data on file, last reported at $14.9 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at $14.9 million, up 6.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $30.0 million (down 41.56% YoY), and the FY2025 annual result was $29.0 million, down 47.8% from the prior year.
- Tax Provisions improved to $14.9 million in Q1 2026 per OFG's latest filing, from -$8.5 million in the prior quarter.
- Over five years, Tax Provisions peaked at $21.8 million in Q4 2023 and troughed at -$8.5 million in Q4 2025.
- A 5-year average of $15.3 million and a median of $18.2 million in 2024 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions soared 41.98% in 2022, then plunged 447.25% in 2025.
- A 5-year view of Tax Provisions shows it stood at $21.8 million in 2022, then grew by 0.32% to $21.8 million in 2023, then sank by 88.83% to $2.4 million in 2024, then sank by 447.25% to -$8.5 million in 2025, then soared by 275.35% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -78,154.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -633.64 Mn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.03 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.25 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -709.14 Mn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 391.52 Mn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Ofg Bancorp | 2.05 Bn | 1.42 Bn | - | 14.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.86 Mn |
| Dec 31, 2025 | -8.47 Mn |
| Sep 30, 2025 | 9.50 Mn |
| Jun 30, 2025 | 14.08 Mn |
| Mar 31, 2025 | 13.90 Mn |
| Dec 31, 2024 | 2.44 Mn |
| Sep 30, 2024 | 14.80 Mn |
| Jun 30, 2024 | 20.13 Mn |
| Mar 31, 2024 | 18.20 Mn |
| Dec 31, 2023 | 21.84 Mn |
| Sep 30, 2023 | 21.03 Mn |
| Jun 30, 2023 | 21.61 Mn |
| Mar 31, 2023 | 18.90 Mn |
| Dec 31, 2022 | 21.77 Mn |
| Sep 30, 2022 | 20.60 Mn |
| Jun 30, 2022 | 18.90 Mn |
| Mar 31, 2022 | 16.60 Mn |
| Dec 31, 2021 | 15.33 Mn |
| Sep 30, 2021 | 19.60 Mn |
| Jun 30, 2021 | 19.25 Mn |