Ofg Bancorp (OFG) Tax Rate (2010 - 2026)
Ofg Bancorp's Tax Rate came in at 21.09% for Q2 2026, down 0.32 percentage points from 21.40% a year earlier and down 0.57 percentage points from the prior quarter.
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Analysis
Ofg Bancorp (OFG) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ofg Bancorp reported Tax Rate of 12.56%, down 6.30 percentage points year-over-year; for FY2025, it came in at 12.39%, down 9.51 percentage points from FY2024.
- Tax Rate has declined in each of the last three years, with a five-year change of -9.22 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 21.90% in FY2024 (-9.53 pp), 31.43% in FY2023 (-0.47 pp), 31.90% in FY2022 (unchanged) and 31.90% in FY2021 (+10.28 pp).
- The five-year range for quarterly Tax Rate is 4.62% (Q4 2024) to 32.95% (Q3 2022).
- The fastest year-over-year change in Tax Rate over five years came in Q3 2021 (a gain of 13.32 percentage points), and the weakest in Q4 2024 (a drop of 27.29 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 23.98% |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 22.68% |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 22.26% |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 23.29% |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 24.40% |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 16.36% |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 24.29% |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 18.08% |
| 10 | Ofg Bancorp | 2.14 Bn | -846.10 Mn | - | 21.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.17% |
| Jun 30, 2026 | 21.09% |
| Mar 31, 2026 | 21.66% |
| Sep 30, 2025 | 15.53% |
| Jun 30, 2025 | 21.40% |
| Mar 31, 2025 | 23.38% |
| Dec 31, 2024 | 4.62% |
| Sep 30, 2024 | 23.95% |
| Jun 30, 2024 | 28.25% |
| Mar 31, 2024 | 26.83% |
| Dec 31, 2023 | 31.91% |
| Sep 30, 2023 | 31.91% |
| Jun 30, 2023 | 32.85% |
| Mar 31, 2023 | 29.02% |
| Dec 31, 2022 | 31.94% |
| Sep 30, 2022 | 32.95% |
| Jun 30, 2022 | 31.88% |
| Mar 31, 2022 | 30.69% |
| Dec 31, 2021 | 31.54% |
| Sep 30, 2021 | 32.02% |
API Access
Ofg Bancorp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=OFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "OFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=OFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();