OFG
OFG Bancorp
NYSE: OFG · FINANCIAL SERVICES · BANKS - REGIONAL
$44.90
-2.09% today
Updated 2026-04-29
Market cap
$1.94B
P/E ratio
9.48
P/S ratio
3.05x
EPS (TTM)
$4.84
Dividend yield
2.73%
52W range
$35 – $47
Volume
0.3M
OFG Bancorp (OFG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $249.55M | $331.87M | $385.60M | $395.04M | $300.83M | $324.85M | $303.34M | $485.38M | $475.93M | $386.42M | $385.91M | $387.77M | $400.92M | $429.88M | $541.21M | $539.08M | $598.51M | $728.15M | $822.77M | $862.62M |
| Revenue growth (YoY) | — | +33.0% | +16.2% | +2.4% | -23.8% | +8.0% | -6.6% | +60.0% | -1.9% | -18.8% | -0.1% | +0.5% | +3.4% | +7.2% | +25.9% | -0.4% | +11.0% | +21.7% | +13.0% | +4.8% |
| Cost of revenue | $192.57M | $222.18M | $236.59M | $204.12M | $190.80M | $170.18M | $127.20M | $156.85M | $137.42M | $230.70M | $122.24M | $154.61M | $100.63M | $147.79M | $157.59M | $42.05M | $57.61M | $148.65M | $244.09M | $248.09M |
| Gross profit | $56.98M | $109.68M | $149.01M | $190.92M | $110.03M | $154.68M | $176.14M | $328.52M | $338.51M | $155.72M | $263.67M | $233.16M | $300.29M | $282.09M | $383.62M | $497.03M | $540.89M | $579.50M | $578.69M | $614.52M |
| Gross margin | 22.8% | 33.1% | 38.6% | 48.3% | 36.6% | 47.6% | 58.1% | 67.7% | 71.1% | 40.3% | 68.3% | 60.1% | 74.9% | 65.6% | 70.9% | 92.2% | 90.4% | 79.6% | 70.3% | 71.2% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $24.63M | $28.38M | $38.16M | $45.29M | $50.19M | $53.50M | $53.56M | $101.85M | $95.22M | $89.66M | $86.96M | $86.05M | $83.86M | $87.06M | $145.52M | $144.67M | $152.83M | $167.67M | $170.96M | $174.51M |
| Operating income | $-6.74M | $42.82M | $17.47M | $29.92M | $5.54M | $35.32M | $27.86M | $89.74M | $122.43M | $-20.06M | $85.18M | $68.09M | $132.80M | $75.25M | $94.83M | $214.60M | $244.10M | $265.25M | $253.75M | $266.01M |
| Operating margin | -2.7% | 12.9% | 4.5% | 7.6% | 1.8% | 10.9% | 9.2% | 18.5% | 25.7% | -5.2% | 22.1% | 17.6% | 33.1% | 17.5% | 17.5% | 39.8% | 40.8% | 36.4% | 30.8% | 30.8% |
| EBITDA | $2.70M | $48.31M | $22.91M | $35.90M | $11.39M | $40.94M | $32.93M | $102.63M | $134.80M | $-7.05M | $96.28M | $78.55M | $143.02M | $84.93M | $118.58M | $238.53M | $268.53M | $291.82M | $280.54M | $285.15M |
| EBITDA margin | 1.1% | 14.6% | 5.9% | 9.1% | 3.8% | 12.6% | 10.9% | 21.1% | 28.3% | -1.8% | 24.9% | 20.3% | 35.7% | 19.8% | 21.9% | 44.2% | 44.9% | 40.1% | 34.1% | 33.1% |
| EBIT | $-6.74M | $42.82M | $17.47M | $29.92M | $5.54M | $35.32M | $27.86M | $89.74M | $122.43M | $-20.06M | $85.18M | $68.09M | $132.80M | $75.25M | $94.83M | $214.60M | $244.22M | $264.53M | $253.75M | $266.01M |
| Interest expense | $188.19M | $215.63M | $227.73M | $188.47M | $168.60M | $156.59M | $103.52M | $83.96M | $76.78M | $69.20M | $57.16M | $41.48M | $44.52M | $51.00M | $64.92M | $41.83M | $33.49M | $88.01M | $161.84M | $172.47M |
| Income tax | $-1.63M | $1.56M | $-9.32M | $6.97M | $-4.30M | $866000.00 | $3.30M | $-8.71M | $37.25M | $-17.55M | $25.99M | $15.44M | $48.39M | $21.41M | $20.50M | $68.45M | $77.87M | $83.38M | $55.58M | $29.01M |
| Effective tax rate | 24.2% | 3.6% | -53.4% | 23.3% | -77.6% | 2.5% | 11.9% | -9.7% | 30.4% | 87.5% | 30.5% | 22.7% | 36.4% | 28.5% | 21.6% | 31.9% | 31.9% | 31.4% | 21.9% | 12.4% |
| Net income | $-5.11M | $41.27M | $26.79M | $22.95M | $9.83M | $34.45M | $24.55M | $98.45M | $85.18M | $-2.50M | $59.19M | $52.65M | $84.41M | $53.84M | $74.33M | $146.15M | $166.24M | $181.87M | $198.17M | $205.10M |
| Net income growth (YoY) | — | +908.2% | -35.1% | -14.4% | -57.1% | +250.3% | -28.7% | +300.9% | -13.5% | -102.9% | +2463.7% | -11.0% | +60.3% | -36.2% | +38.0% | +96.6% | +13.7% | +9.4% | +9.0% | +3.5% |
| Profit margin | -2.0% | 12.4% | 6.9% | 5.8% | 3.3% | 10.6% | 8.1% | 20.3% | 17.9% | -0.6% | 15.3% | 13.6% | 21.1% | 12.5% | 13.7% | 27.1% | 27.8% | 25.0% | 24.1% | 23.8% |