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Ofg Bancorp (OFG) Tax Rate: 2009-2024

Historic Tax Rate for Ofg Bancorp (OFG) over the last 13 years, with Dec 2024 value amounting to 21.90%.

  • Ofg Bancorp's Tax Rate fell 842.00% to 15.53% in Q3 2025 from the same period last year, while for Sep 2025 it was 16.69%, marking a year-over-year decrease of 1115.00%. This contributed to the annual value of 21.90% for FY2024, which is 953.00% down from last year.
  • Per Ofg Bancorp's latest filing, its Tax Rate stood at 21.90% for FY2024, which was down 30.32% from 31.43% recorded in FY2023.
  • Ofg Bancorp's Tax Rate's 5-year high stood at 31.90% during FY2022, with a 5-year trough of 21.62% in FY2020.
  • Its 3-year average for Tax Rate is 28.41%, with a median of 31.43% in 2023.
  • Per our database at Business Quant, Ofg Bancorp's Tax Rate surged by 1,028bps in 2021 and then slumped by 953bps in 2024.
  • Over the past 5 years, Ofg Bancorp's Tax Rate (Yearly) stood at 21.62% in 2020, then skyrocketed by 1,028bps to 31.90% in 2021, then remained steady at 31.90% in 2022, then slumped by 47bps to 31.43% in 2023, then crashed by 953bps to 21.90% in 2024.