Ofg Bancorp (OFG) Tax Rate (2010 - 2026)
Ofg Bancorp (OFG) reported Tax Rate of 21.6% for Q1 2026, down 179.0% year-over-year from 27.34% in Q1 2025, and up 220.87% on a QoQ basis from 17.87% in Q4 2025.
Ofg Bancorp (OFG) has 17 years of Tax Rate data on file, last reported at 21.6% in Q1 2026.
- Quarterly Tax Rate fell 179.0% year-over-year to 21.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.31% (down 860.0% YoY) and the FY2025 annual result came in at 12.39%, down 951.0% from the prior year.
- Tax Rate climbed to 21.6% in Q1 2026 per OFG's latest filing, from 17.87% in the prior quarter.
- Across five years, Tax Rate topped out at 32.95% in Q3 2022 and bottomed at 17.87% in Q4 2025.
- The 5-year median for Tax Rate is 28.25% (2024), against an average of 23.57%.
- The widest annual swing landed in 2023, when Tax Rate jumped 101 bps; it then slumped 2729 bps in 2024.
- Tracing OFG's Tax Rate over 5 years: stood at 31.94% in 2022, then decreased by 0 bps to 31.91% in 2023, then sank by 86 bps to 4.62% in 2024, then tumbled by 487 bps to 17.87% in 2025, then soared by 221 bps to 21.6% in 2026.
- Per Business Quant, the three latest OFG Tax Rate figures stand at 21.6% (Q1 2026), 17.87% (Q4 2025), and 15.48% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Ofg Bancorp | 1.93 Bn | 1.29 Bn | - | 21.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.60 |
| Mar 31, 2026 | 21.60 |
| Dec 31, 2025 | -17.87 |
| Dec 31, 2025 | -17.87 |
| Sep 30, 2025 | 15.48 |
| Sep 30, 2025 | 15.48 |
| Jun 30, 2025 | 21.37 |
| Jun 30, 2025 | 21.37 |
| Mar 31, 2025 | 23.38 |
| Mar 31, 2025 | 23.38 |
| Dec 31, 2024 | 4.62 |
| Dec 31, 2024 | 4.62 |
| Sep 30, 2024 | 23.95 |
| Sep 30, 2024 | 23.95 |
| Jun 30, 2024 | 28.25 |
| Jun 30, 2024 | 28.25 |
| Mar 31, 2024 | 26.80 |
| Mar 31, 2024 | 26.80 |
| Dec 31, 2023 | 31.91 |
| Dec 31, 2023 | 31.91 |
| Sep 30, 2023 | 31.91 |
| Sep 30, 2023 | 31.91 |
| Jun 30, 2023 | 32.85 |
| Jun 30, 2023 | 32.85 |
| Mar 31, 2023 | 29.02 |
| Mar 31, 2023 | 29.02 |
| Dec 31, 2022 | 31.94 |
| Dec 31, 2022 | 31.94 |
| Sep 30, 2022 | 32.95 |
| Sep 30, 2022 | 32.95 |
| Jun 30, 2022 | 31.84 |
| Jun 30, 2022 | 31.84 |
| Mar 31, 2022 | 30.69 |
| Mar 31, 2022 | 30.69 |
| Dec 31, 2021 | 31.54 |
| Dec 31, 2021 | 31.54 |
| Sep 30, 2021 | 31.98 |
| Sep 30, 2021 | 31.98 |
| Jun 30, 2021 | 32.04 |
| Jun 30, 2021 | 32.04 |
| Mar 31, 2021 | 31.93 |
| Mar 31, 2021 | 31.93 |
| Dec 31, 2020 | 22.04 |
| Dec 31, 2020 | 22.04 |
| Sep 30, 2020 | 18.67 |
| Sep 30, 2020 | 18.67 |
| Jun 30, 2020 | 24.96 |
| Jun 30, 2020 | 24.96 |
| Mar 31, 2020 | 14.16 |
| Mar 31, 2020 | 14.16 |
| Dec 31, 2019 | 68.31 |
| Dec 31, 2019 | 68.31 |
| Sep 30, 2019 | 11.92 |
| Sep 30, 2019 | 11.92 |
| Jun 30, 2019 | 31.25 |
| Jun 30, 2019 | 31.25 |
| Mar 31, 2019 | 33.03 |
| Mar 31, 2019 | 33.03 |
| Dec 31, 2018 | 42.82 |
| Dec 31, 2018 | 42.82 |
| Sep 30, 2018 | 34.66 |
| Sep 30, 2018 | 34.66 |
| Jun 30, 2018 | 32.81 |
| Jun 30, 2018 | 32.81 |
| Mar 31, 2018 | 32.13 |
| Mar 31, 2018 | 32.13 |
| Dec 31, 2017 | 28.49 |
| Dec 31, 2017 | 28.49 |
| Sep 30, 2017 | 14.44 |
| Sep 30, 2017 | 14.44 |
| Jun 30, 2017 | 18.93 |
| Jun 30, 2017 | 18.93 |
| Mar 31, 2017 | 37.79 |
| Mar 31, 2017 | 37.79 |
| Dec 31, 2016 | 41.08 |
| Dec 31, 2016 | 41.08 |
| Sep 30, 2016 | 19.35 |
| Sep 30, 2016 | 19.35 |
| Jun 30, 2016 | 29.00 |
| Jun 30, 2016 | 29.00 |
| Mar 31, 2016 | 28.54 |
| Mar 31, 2016 | 28.54 |
| Dec 31, 2015 | 95.32 |
| Dec 31, 2015 | 95.32 |
| Sep 30, 2015 | 10.95 |
| Sep 30, 2015 | 10.95 |
| Jun 30, 2015 | -32.86 |
| Jun 30, 2015 | -32.86 |
| Mar 31, 2015 | -48.73 |
| Mar 31, 2015 | -48.73 |
| Dec 31, 2014 | -63.02 |
| Dec 31, 2014 | -63.02 |
| Sep 30, 2014 | 29.05 |
| Sep 30, 2014 | 29.05 |
| Jun 30, 2014 | 33.25 |
| Jun 30, 2014 | 33.25 |
| Mar 31, 2014 | 33.17 |
| Mar 31, 2014 | 33.17 |
| Dec 31, 2013 | 32.13 |
| Dec 31, 2013 | 32.13 |
| Sep 30, 2013 | 25.13 |
| Sep 30, 2013 | 25.13 |
| Jun 30, 2013 | -569.74 |
| Jun 30, 2013 | -569.74 |
| Mar 31, 2013 | 25.16 |
| Mar 31, 2013 | 25.16 |
| Sep 30, 2012 | 9.64 |
| Sep 30, 2012 | 9.64 |
| Jun 30, 2012 | 6.60 |
| Jun 30, 2012 | 6.60 |
| Mar 31, 2012 | 15.39 |
| Mar 31, 2012 | 15.39 |
| Dec 31, 2011 | 19.37 |
| Dec 31, 2011 | 19.37 |
| Sep 30, 2011 | 3.34 |
| Sep 30, 2011 | 3.34 |
| Jun 30, 2011 | -5.55 |
| Jun 30, 2011 | -5.55 |
| Mar 31, 2011 | 67.75 |
| Mar 31, 2011 | 67.75 |
| Dec 31, 2010 | -491.38 |
| Dec 31, 2010 | -491.38 |
| Sep 30, 2010 | 14.13 |
| Sep 30, 2010 | 14.13 |
| Jun 30, 2010 | 5.01 |
| Jun 30, 2010 | 5.01 |