OFG Bancorp (OFG) — Financial statements
Income statement, balance sheet, and cash flow for OFG Bancorp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 863↑4.8% | 823↑13.0% | 728↑21.7% | 599↑11.0% | 539 | |
| Cost of Revenue | 248↑1.6% | 244↑64.2% | 149↑158.0% | 58↑37.0% | 42 | |
| Gross Profit | 615↑6.2% | 579↓0.1% | 580↑7.1% | 541↑8.8% | 497 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 175↑2.1% | 171↑2.0% | 168↑9.7% | 153↑5.6% | 145 | |
| Selling & Marketing Expenses | 8↓17.3% | 10↑11.1% | 9↑6.1% | 8↑17.7% | 7 | |
| SG&A Expenses | 183↑1.0% | 181↑2.4% | 176↑9.5% | 161↑6.2% | 152 | |
| Other Expenses | 166↑15.0% | 144↑3.6% | 139↑2.6% | 136↑3.8% | 131 | |
| Operating Expenses | 349↑7.3% | 325↑3.4% | 314↑5.9% | 297↑5.1% | 282 | |
| Total Costs & Expenses | 597↑4.8% | 569↑22.9% | 463↑30.6% | 354↑9.2% | 324 | |
| Operating Results | ||||||
| Operating Income | 266↑4.8% | 254↓4.3% | 265↑8.7% | 244↑13.7% | 215 | |
| Depreciation & Amortization | 19↓28.5% | 27↓1.8% | 27↑12.2% | 24↑1.6% | 24 | |
| EBITDA | 285↑1.6% | 281↓3.9% | 292↑8.7% | 269↑12.6% | 239 | |
| EBIT | 266↑4.6% | 254↓3.8% | 265↑8.3% | 244↑13.8% | 215 | |
| Interest & Other Income | ||||||
| Net Interest Income | 608↑3.4% | 588↑4.9% | 561↑16.3% | 482↑18.3% | 407 | |
| Interest Income | 781↑4.1% | 750↑15.6% | 649↑25.9% | 516↑14.8% | 449 | |
| Interest Expense | 172↑6.6% | 162↑83.9% | 88↑162.8% | 33↓19.9% | 42 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -32 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 234↓7.7% | 254↓4.3% | 265↑8.7% | 244↑13.7% | 215 | |
| Income Tax Expense | 29↓47.8% | 56↓33.3% | 83↑7.1% | 78↑13.8% | 68 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 205↑3.5% | 198↑9.0% | 182↑9.4% | 166↑13.7% | 146 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 205↑3.5% | 198↑9.0% | 182↑9.4% | 166↑13.7% | 146 | |
| Bottom-Line Net Income | 205↑3.5% | 198↑9.0% | 182↑9.4% | 166↑14.7% | 145 | |
| EPS (Basic) | 4.53↑6.6% | 4.25↑10.4% | 3.85↑11.3% | 3.46↑21.4% | 2.85 | |
| EPS (Diluted) | 4.49↑6.1% | 4.23↑10.7% | 3.82↑11.0% | 3.44↑22.4% | 2.81 | |
| Weighted Average Shares | 47↓0.1% | 47↓1.3% | 47↓1.6% | 48↓5.7% | 51 | |
| Weighted Average Diluted Shares | 47↑1.0% | 47↓1.4% | 48↓1.8% | 48↓5.7% | 51 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.