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OFG Bancorp (OFG) Financials

OFG Bancorp logo
$41.44 +0.25 (+0.61%)
Closing price 03:59 PM Eastern
Extended Trading
$41.48 +0.05 (+0.11%)
As of 04:04 PM Eastern
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Annual Income Statements for OFG Bancorp

Annual Income Statements for OFG Bancorp

This table shows OFG Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders		 198 182 166 145 68 47 72 39 45 -16 71
Consolidated Net Income / (Loss)		 198 182 166 146 74 54 84 53 59 -2.50 85
Net Income / (Loss) Continuing Operations		 198 182 166 146 74 54 84 53 59 -2.50 85
Total Pre-Tax Income 		254 265 244 215 95 75 133 68 85 -20 122
Total Revenue		 712 689 614 541 533 405 396 383 366 390 426
Net Interest Income / (Expense)		 588 561 482 407 408 323 316 304 299 337 408
Total Interest Income		 750 649 516 449 473 374 360 346 357 407 485
Loans and Leases Interest Income		 614 555 460 434 457 340 321 312 322 368 436
Investment Securities Interest Income		 137 94 55 15 16 34 39 33 35 39 50
Total Interest Expense		 162 88 33 42 65 51 45 41 57 69 77
Deposits Interest Expense		 150 76 32 39 60 39 33 30 29 27 34
Long-Term Debt Interest Expense		 11 8.74 1.25 2.82 1.39 4.22 3.78 3.95 9.11 13 13
Federal Funds Purchased and Securities Sold Interest Expense		 0.54 3.31 0.00 0.00 1.34 7.42 7.79 7.22 19 30 30
Total Non-Interest Income		 123 128 132 133 124 82 80 79 67 53 17
Other Service Charges		 88 97 99 100 81 48 54 45 53 74 79
Net Realized & Unrealized Capital Gains on Investments		 -0.01 -1.15 -0.21 -1.46 12 8.58 0.00 6.95 -12 0.89 3.76
Other Non-Interest Income		 36 33 33 35 32 26 26 27 26 -23 -66
Provision for Credit Losses		 82 61 24 0.22 93 97 56 113 65 162 61
Total Non-Interest Expense		 376 363 346 326 345 233 207 202 216 249 243
Salaries and Employee Benefits		 160 156 143 133 133 83 77 80 77 79 85
Net Occupancy & Equipment Expense		 87 86 73 69 68 40 41 41 37 39 41
Marketing Expense		 9.71 8.74 8.24 7.00 5.85 5.21 5.08 5.62 5.49 6.45 7.01
Other Operating Expenses		 120 112 121 116 122 82 84 76 96 124 110
Income Tax Expense		 56 83 78 68 20 21 48 15 26 -18 37
Basic Earnings per Share		 $4.25 $3.85 $3.46 $2.85 $1.32 $0.92 $1.59 $0.88 $1.03 ($0.37) $1.58
Weighted Average Basic Shares Outstanding		 45.39M 47.08M 47.60M 51.37M 51.56M 51.72M 51.35M 51.10M 51.09M 51.46M 52.33M
Diluted Earnings per Share		 $4.23 $3.83 $3.44 $2.81 $1.32 $0.92 $1.52 $0.88 $1.03 ($0.37) $1.50
Weighted Average Diluted Shares Outstanding		 46.90M 47.55M 48.44M 51.37M 51.56M 51.72M 51.35M 51.10M 51.09M 51.46M 52.33M
Weighted Average Basic & Diluted Shares Outstanding		 45.39M 47.08M 47.60M 51.37M 51.56M 51.72M 51.35M 51.10M 51.09M 51.46M 52.33M
Cash Dividends to Common per Share		 $1.00 $0.88 $0.70 $0.40 $0.28 $0.28 $0.25 $0.24 $0.24 $0.36 $0.34

Quarterly Income Statements for OFG Bancorp

This table shows OFG Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 46 50 47 51 50 47 45 44 46 46 42
Consolidated Net Income / (Loss)		 46 50 47 51 50 47 45 44 46 46 42
Net Income / (Loss) Continuing Operations		 46 50 47 51 50 47 45 44 46 46 42
Total Pre-Tax Income 		59 53 62 71 68 68 66 66 65 68 63
Total Revenue		 179 183 175 180 174 182 172 170 165 169 157
Net Interest Income / (Expense)		 149 149 148 147 144 144 142 140 136 135 127
Total Interest Income		 189 190 189 188 183 176 166 158 149 146 135
Loans and Leases Interest Income		 153 155 154 154 150 149 142 136 128 125 116
Investment Securities Interest Income		 36 35 35 33 34 27 24 22 21 21 18
Total Interest Expense		 40 41 41 40 39 33 24 18 13 10 8.17
Deposits Interest Expense		 36 37 38 38 37 27 21 16 12 10 7.99
Long-Term Debt Interest Expense		 3.15 3.15 2.81 2.52 2.53 3.35 2.37 2.43 0.59 0.18 0.18
Federal Funds Purchased and Securities Sold Interest Expense		 0.71 - 0.00 - - - 0.73 - - - 0.00
Total Non-Interest Income		 30 34 27 32 30 39 31 30 29 33 31
Other Service Charges		 21 23 18 24 22 29 23 23 22 25 22
Net Realized & Unrealized Capital Gains on Investments		 0.00 - 0.00 0.00 -0.01 - 0.00 -1.15 0.00 - 0.00
Other Non-Interest Income		 8.46 11 8.45 8.44 8.11 9.99 7.69 8.19 7.12 8.34 8.17
Provision for Credit Losses		 26 30 21 16 15 20 16 15 9.45 8.76 7.12
Total Non-Interest Expense		 93 100 92 93 91 94 90 89 90 92 87
Salaries and Employee Benefits		 40 43 38 38 40 41 38 38 38 38 35
Net Occupancy & Equipment Expense		 21 23 22 21 21 22 22 22 21 20 18
Marketing Expense		 2.62 2.42 2.47 2.45 2.38 2.44 2.21 2.06 2.04 2.43 1.93
Other Operating Expenses		 30 32 29 31 28 28 28 27 29 31 32
Income Tax Expense		 14 2.44 15 20 18 22 21 22 19 22 21
Basic Earnings per Share		 $1.01 $1.09 $1.01 $1.09 $1.06 $1.00 $0.95 $0.93 $0.97 $0.97 $0.88
Weighted Average Basic Shares Outstanding		 44.91M 45.39M 45.90M 46.56M 47.00M 47.08M 47.06M 47.13M 47.53M 47.60M 47.56M
Diluted Earnings per Share		 $1.00 $1.10 $1.00 $1.08 $1.05 $0.99 $0.95 $0.93 $0.96 $0.97 $0.87
Weighted Average Diluted Shares Outstanding		 45.51M 46.90M 46.85M 47.13M 47.34M 47.55M 47.39M 47.49M 47.94M 48.44M 47.93M
Weighted Average Basic & Diluted Shares Outstanding		 44.91M 45.39M 45.90M 46.56M 47.00M 47.08M 47.06M 47.13M 47.53M 47.60M 47.56M
Cash Dividends to Common per Share		 $0.30 $0.25 $0.25 $0.25 $0.25 $0.22 $0.22 $0.22 $0.22 $0.20 $0.20

Annual Cash Flow Statements for OFG Bancorp

This table details how cash moves in and out of OFG Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents		 -157 198 -1,473 -132 1,303 403 -38 -25 -26 -37 -48
Net Cash From Operating Activities		 253 296 164 100 35 110 133 151 79 97 175
Net Cash From Continuing Operating Activities		 253 296 164 100 35 110 133 152 79 97 175
Net Income / (Loss) Continuing Operations		 198 182 166 146 74 54 84 53 59 -2.50 85
Consolidated Net Income / (Loss)		 198 182 166 146 74 54 84 53 59 -2.50 85
Provision For Loan Losses		 82 61 24 0.22 93 97 - 113 65 162 61
Depreciation Expense		 21 20 16 14 13 8.51 8.90 8.99 9.42 11 10
Amortization Expense		 1.86 3.79 5.56 2.72 2.37 11 12 -2.86 14 21 25
Non-Cash Adjustments to Reconcile Net Income		 -15 28 -43 -80 -88 -41 7.88 -32 -65 -67 19
Changes in Operating Assets and Liabilities, net		 -35 0.71 -4.21 16 -59 -19 20 12 -4.11 -28 -25
Net Cash From Investing Activities		 -336 -1,405 -1,513 -183 758 842 -489 187 568 153 494
Net Cash From Continuing Investing Activities		 -336 -1,405 -1,513 -183 758 842 -489 187 568 153 560
Purchase of Property, Leasehold Improvements and Equipment		 -21 -18 -31 -23 -15 -13 -11 -6.47 -5.30 -5.28 -7.92
Purchase of Investment Securities		 -4,400 -4,707 -4,353 -2,454 -1,656 -1,219 -1,701 -1,016 -995 -1,304 -1,212
Sale of Property, Leasehold Improvements and Equipment		 0.00 0.04 4.78 0.57 0.05 2.23 1.67 0.57 123 0.00 0.03
Sale and/or Maturity of Investments		 4,086 3,320 2,866 2,293 2,429 2,004 1,222 1,219 1,443 1,366 1,673
Net Cash From Financing Activities		 -74 1,307 -125 -49 510 -549 317 -364 -673 -287 -783
Net Cash From Continuing Financing Activities		 -74 1,307 -125 -49 510 -549 317 -364 -673 -287 -783
Net Change in Deposits		 -153 1,195 6.91 153 736 -265 100 126 -61 -198 -451
Issuance of Debt		 0.00 0.00 -35 0.00 0.00 - - - - - -
Repayment of Debt		 125 173 -1.55 -39 -13 - - - - - -
Repurchase of Common Equity		 -70 -19 -64 -50 -2.23 0.00 0.00 - - -8.95 -17
Payment of Dividends		 -46 -41 -30 -21 -21 -21 -25 -24 -24 -32 -28
Other Financing Activities, Net		 71 -1.69 -0.91 0.28 -189 -263 242 -466 -588 -48 -286
Cash Interest Paid		 157 80 27 35 56 41 41 41 56 68 82
Cash Income Taxes Paid		 40 15 5.13 2.79 6.26 39 18 0.03 10 14 7.11

Quarterly Cash Flow Statements for OFG Bancorp

This table details how cash moves in and out of OFG Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 119 -89 -60 -14 6.22 215 -266 -49 297 -265 -492
Net Cash From Operating Activities		 83 38 58 95 61 108 89 47 52 49 26
Net Cash From Continuing Operating Activities		 83 38 58 95 61 108 89 47 52 49 26
Net Income / (Loss) Continuing Operations		 46 50 47 51 50 47 45 44 46 46 42
Consolidated Net Income / (Loss)		 46 50 47 51 50 47 45 44 46 46 42
Provision For Loan Losses		 26 30 21 16 15 20 16 15 9.45 8.76 7.12
Depreciation Expense		 5.09 4.85 5.43 5.31 5.29 5.10 5.08 5.17 5.04 5.22 3.24
Amortization Expense		 0.91 1.67 1.74 -0.27 -1.28 0.62 2.59 0.70 -0.12 -1.96 2.50
Non-Cash Adjustments to Reconcile Net Income		 -20 -40 12 16 -3.87 38 11 -14 -6.83 -22 -12
Changes in Operating Assets and Liabilities, net		 26 -8.74 -30 7.09 -3.96 -2.05 8.40 -4.07 -1.57 13 -17
Net Cash From Investing Activities		 -97 -207 -187 -106 164 -856 -573 -46 70 -22 -374
Net Cash From Continuing Investing Activities		 -97 -207 -187 -106 164 -856 -573 -46 70 -22 -374
Purchase of Property, Leasehold Improvements and Equipment		 -4.35 -4.06 -6.38 -4.72 -6.19 -6.25 -3.95 -4.54 -3.12 -6.17 -7.45
Purchase of Investment Securities		 -987 -1,030 -1,360 -1,312 -699 -1,542 -1,304 -1,220 -642 -887 -1,050
Sale of Property, Leasehold Improvements and Equipment		 0.00 - - - 0.00 - 0.01 0.01 0.02 0.02 0.02
Sale and/or Maturity of Investments		 894 827 1,179 1,211 868 692 735 1,178 715 871 683
Net Cash From Financing Activities		 134 79 69 -3.06 -218 964 218 -50 175 -292 -144
Net Cash From Continuing Financing Activities		 134 79 69 -3.06 -218 964 218 -50 175 -292 -144
Net Change in Deposits		 317 8.78 11 33 -206 1,225 5.14 -25 -10 -283 -136
Repayment of Debt		 -70 55 70 - -0.00 -100 74 -0.62 199 -0.27 -0.39
Repurchase of Common Equity		 -23 -46 -0.10 -24 0.00 - -2.19 -14 -2.89 - -
Payment of Dividends		 -11 -12 -12 -12 -10 -11 -10 -11 -9.57 -9.58 -7.18
Other Financing Activities, Net		 -78 73 - -0.05 -2.17 -151 151 - -1.74 0.00 -
Cash Interest Paid		 40 38 40 39 39 30 22 16 11 8.59 6.61
Cash Income Taxes Paid		 3.02 6.27 22 6.73 5.09 12 - 3.44 0.00 0.70 0.96

Annual Balance Sheets for OFG Bancorp

This table presents OFG Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Assets		 11,501 11,344 9,819 9,900 9,826 9,298 6,583 6,189 6,502 7,099 7,449
Cash and Due from Banks		 584 744 546 2,015 2,142 845 442 478 505 532 569
Trading Account Securities		 2,738 2,715 2,012 961 503 1,074 1,267 1,153 1,353 1,598 1,389
Loans and Leases, Net of Allowance		 7,616 7,373 6,683 0.00 0.00 6,642 4,432 4,056 4,148 4,434 4,827
Customer and Other Receivables		 32 26 29 35 33 22 17 28 24 15 18
Premises and Equipment, Net		 105 104 107 92 84 81 69 68 70 75 81
Goodwill		 84 84 84 86 86 86 86 86 86 86 86
Intangible Assets		 15 21 28 36 46 57 3.37 - - - -
Other Assets		 327 278 330 6,675 6,931 490 264 317 313 356 472
Total Liabilities & Shareholders' Equity		 11,501 11,344 9,819 9,900 9,826 9,298 6,583 6,189 6,502 7,099 7,449
Total Liabilities		 10,246 10,151 8,776 8,831 8,740 8,252 5,583 5,244 5,581 6,202 6,507
Interest Bearing Deposits		 9,605 9,762 8,568 8,603 8,416 7,699 4,908 4,799 4,664 4,718 4,924
Short-Term Debt		 75 0.00 0.32 0.80 2.42 190 456 194 656 943 980
Bankers Acceptance Outstanding		 32 26 29 35 33 22 17 28 24 15 18
Other Short-Term Payables		 147 116 125 96 154 - - 87 95 92 -
Long-Term Debt		 326 201 27 65 102 115 115 136 142 435 440
Other Long-Term Liabilities		 62 46 27 30 33 226 88 - - - 145
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - - -
Total Equity & Noncontrolling Interests		 1,254 1,193 1,042 1,069 1,086 1,045 1,000 945 920 897 942
Total Preferred & Common Equity		 1,254 1,193 1,042 1,069 1,086 1,045 1,000 945 920 897 942
Total Common Equity		 1,254 1,193 1,042 1,069 994 953 908 853 828 805 850
Common Stock		 700 699 697 697 683 681 679 594 594 593 592
Retained Earnings		 772 639 516 400 300 280 253 201 178 149 181
Treasury Stock		 -297 -228 -211 -151 -103 -102 -104 -105 -105 -105 -97
Accumulated Other Comprehensive Income / (Loss)		 -90 -67 -93 5.16 11 -1.01 -11 -2.95 1.60 14 20
Other Equity Adjustments		 170 151 134 118 103 96 90 165 160 154 154

Quarterly Balance Sheets for OFG Bancorp

This table presents OFG Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 11,729 11,461 11,259 11,159 10,257 10,032 10,058 10,058
Cash and Due from Banks		 703 675 735 750 529 796 844 810
Trading Account Securities		 2,803 2,624 2,497 2,511 2,100 1,734 1,950 2,104
Loans and Leases, Net of Allowance		 7,671 7,589 7,482 7,383 7,104 6,958 0.00 0.00
Customer and Other Receivables		 35 26 29 26 31 36 30 29
Premises and Equipment, Net		 104 105 104 105 103 104 105 106
Goodwill		 84 84 84 84 84 84 84 86
Intangible Assets		 14 16 18 19 22 24 26 30
Other Assets		 315 342 310 282 283 296 7,018 6,893
Total Liabilities & Shareholders' Equity		 11,729 11,461 11,259 11,159 10,257 10,032 10,058 10,058
Total Liabilities		 10,434 10,143 10,031 9,944 9,162 8,932 8,968 9,064
Interest Bearing Deposits		 9,923 9,609 9,605 9,548 8,542 8,538 8,565 8,855
Short-Term Debt		 0.00 0.00 0.00 0.00 151 0.00 0.13 0.14
Bankers Acceptance Outstanding		 35 26 29 26 31 36 30 29
Other Short-Term Payables		 155 158 140 122 115 107 120 125
Long-Term Debt		 256 271 201 201 301 227 227 27
Other Long-Term Liabilities		 65 80 56 47 22 24 26 28
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,295 1,318 1,228 1,216 1,095 1,100 1,090 994
Total Preferred & Common Equity		 1,295 1,318 1,228 1,216 1,095 1,100 1,090 994
Total Common Equity		 1,295 1,318 1,228 1,216 1,095 1,100 1,090 994
Common Stock		 698 699 698 696 697 696 695 695
Retained Earnings		 802 738 707 672 607 577 548 484
Treasury Stock		 -321 -251 -251 -227 -228 -226 -213 -211
Accumulated Other Comprehensive Income / (Loss)		 -58 -33 -86 -82 -128 -90 -78 -104
Other Equity Adjustments		 174 165 161 156 147 143 138 129

Annual Metrics And Ratios for OFG Bancorp

This table displays calculated financial ratios and metrics derived from OFG Bancorp's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 3.26% 12.30% 13.54% 1.46% 31.46% 2.35% 3.43% 4.54% -6.08% -8.42% -0.23%
EBITDA Growth		 -4.47% 9.02% 14.70% 110.63% 16.26% -38.38% 106.65% -31.72% 789.64% -92.26% 5.59%
EBIT Growth		 -4.34% 8.66% 13.75% 126.31% 26.01% -43.34% 95.04% -20.06% 524.67% -116.38% 36.44%
NOPAT Growth		 8.96% 9.40% 13.74% 96.63% 38.05% -36.21% 60.34% -11.05% 521.53% -116.48% -13.47%
Net Income Growth		 8.96% 9.40% 13.74% 96.63% 38.05% -36.21% 60.34% -11.05% 2,463.66% -102.94% -13.47%
EPS Growth		 10.44% 11.34% 22.42% 112.88% 43.48% -39.47% 72.73% -14.56% 378.38% -124.67% -13.29%
Operating Cash Flow Growth		 -14.60% 79.78% 64.38% 186.17% -68.11% -17.80% -11.94% 92.89% -19.13% -44.52% -2.68%
Free Cash Flow Firm Growth		 55.84% -161.79% 14.72% -14.31% -13.83% 229.58% -142.52% -19.50% 739.03% -76.73% -63.18%
Invested Capital Growth		 18.74% 30.37% -5.74% -4.66% -11.92% -13.96% 23.15% -25.79% -24.47% -3.70% -8.88%
Revenue Q/Q Growth		 0.06% 2.03% 4.47% 1.72% 6.87% -1.79% 4.20% -0.48% 0.59% -4.00% -0.32%
EBITDA Q/Q Growth		 -5.10% 0.96% 11.83% 4.80% 38.99% -32.95% 35.12% -23.86% 72.38% -80.48% -3.16%
EBIT Q/Q Growth		 -5.81% 0.11% 8.70% 9.52% 53.40% -38.11% 22.64% -10.09% 124.54% -171.05% -1.73%
NOPAT Q/Q Growth		 1.93% 0.13% 8.55% 7.33% 48.55% -32.34% 10.00% 2.97% 38.76% -173.65% 0.59%
Net Income Q/Q Growth		 1.93% 0.13% 8.55% 7.33% 48.55% -32.34% 10.00% 2.97% 38.76% -113.13% 0.59%
EPS Q/Q Growth		 2.67% 0.52% 9.90% 8.91% 55.29% -34.75% 9.35% 4.76% 60.94% -470.00% 1.35%
Operating Cash Flow Q/Q Growth		 -21.52% 24.73% 33.20% 29.44% -70.47% 8.82% 12.05% 11.45% -2.15% 21.42% -15.96%
Free Cash Flow Firm Q/Q Growth		 -141.42% 58.46% -18.74% 32.17% -0.76% 50.10% -806.44% 17.44% -7.73% 103.14% -88.25%
Invested Capital Q/Q Growth		 4.19% -9.87% 4.73% -1.57% 1.79% -0.38% 7.66% -6.14% -0.66% -3.37% 0.00%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 38.85% 41.99% 43.25% 42.82% 20.62% 23.32% 38.73% 19.39% 29.68% 3.13% 37.08%
EBIT Margin		 35.65% 38.48% 39.77% 39.70% 17.80% 18.57% 33.54% 17.78% 23.26% -5.14% 28.75%
Profit (Net Income) Margin		 27.85% 26.39% 27.08% 27.04% 13.95% 13.28% 21.32% 13.75% 16.16% -0.64% 20.01%
Tax Burden Percent		 78.10% 68.57% 68.10% 68.10% 78.38% 71.55% 63.56% 77.32% 69.48% 12.48% 69.57%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 21.90% 31.43% 31.90% 31.90% 21.62% 28.45% 36.44% 22.68% 30.52% 0.00% 30.43%
Return on Invested Capital (ROIC)		 13.00% 14.76% 15.09% 12.57% 5.85% 3.69% 5.93% 3.52% 2.96% -0.61% 3.44%
ROIC Less NNEP Spread (ROIC-NNEP)		 13.00% 14.76% 15.09% 12.57% 5.85% 3.69% 5.93% 3.52% 2.96% 0.22% 3.44%
Return on Net Nonoperating Assets (RNNOA)		 3.20% 1.50% 0.66% 0.99% 1.12% 1.58% 2.75% 2.13% 3.55% 0.33% 5.89%
Return on Equity (ROE)		 16.19% 16.27% 15.75% 13.56% 6.97% 5.26% 8.68% 5.64% 6.51% -0.27% 9.32%
Cash Return on Invested Capital (CROIC)		 -4.14% -11.60% 20.99% 17.35% 18.52% 18.70% -14.81% 33.12% 30.84% 3.17% 12.73%
Operating Return on Assets (OROA)		 2.22% 2.51% 2.48% 2.18% 0.99% 0.95% 2.08% 1.07% 1.25% -0.28% 1.57%
Return on Assets (ROA)		 1.73% 1.72% 1.69% 1.48% 0.78% 0.68% 1.32% 0.83% 0.87% -0.03% 1.09%
Return on Common Equity (ROCE)		 16.19% 16.27% 15.75% 12.98% 6.37% 4.79% 7.86% 5.09% 5.85% -0.25% 8.39%
Return on Equity Simple (ROE_SIMPLE)		 15.80% 15.24% 15.95% 13.67% 6.84% 5.15% 8.44% 5.57% 6.43% -0.28% 9.04%
Net Operating Profit after Tax (NOPAT)		 198 182 166 146 74 54 84 53 59 -14 85
NOPAT Margin		 27.85% 26.39% 27.08% 27.04% 13.95% 13.28% 21.32% 13.75% 16.16% -3.60% 20.01%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.82% 0.00%
SG&A Expenses to Revenue		 35.99% 36.41% 36.56% 38.77% 38.83% 31.50% 31.04% 32.89% 32.67% 31.94% 31.24%
Operating Expenses to Revenue		 52.79% 52.72% 56.30% 60.26% 64.81% 57.55% 52.29% 52.66% 58.97% 63.73% 57.00%
Earnings before Interest and Taxes (EBIT)		 254 265 244 215 95 75 133 68 85 -20 122
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 276 289 265 231 110 95 153 74 109 12 158
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.55 1.44 1.19 1.15 0.88 1.14 0.82 0.42 0.59 0.33 0.70
Price to Tangible Book Value (P/TBV)		 1.68 1.58 1.33 1.30 1.01 1.34 0.91 0.47 0.66 0.37 0.78
Price to Revenue (P/Rev)		 2.73 2.49 2.02 2.28 1.64 2.68 1.89 0.94 1.33 0.68 1.40
Price to Earnings (P/E)		 9.80 9.46 7.46 8.51 12.86 22.98 10.32 9.26 10.77 0.00 8.34
Dividend Yield		 2.36% 2.41% 2.69% 1.62% 1.65% 1.32% 1.72% 2.94% 2.16% 5.96% 2.55%
Earnings Yield		 10.20% 10.58% 13.41% 11.75% 7.77% 4.35% 9.69% 10.80% 9.29% 0.00% 11.99%
Enterprise Value to Invested Capital (EV/IC)		 1.06 0.84 0.67 0.00 0.00 0.47 0.61 0.24 0.51 0.53 0.65
Enterprise Value to Revenue (EV/Rev)		 2.47 1.71 1.17 0.00 0.00 1.58 2.44 0.78 2.38 3.08 3.59
Enterprise Value to EBITDA (EV/EBITDA)		 6.36 4.07 2.71 0.00 0.00 6.76 6.29 4.04 8.00 98.16 9.69
Enterprise Value to EBIT (EV/EBIT)		 6.93 4.44 2.95 0.00 0.00 8.49 7.26 4.41 10.21 0.00 12.50
Enterprise Value to NOPAT (EV/NOPAT)		 8.88 6.47 4.33 0.00 0.00 11.87 11.43 5.70 14.70 0.00 17.96
Enterprise Value to Operating Cash Flow (EV/OCF)		 6.97 3.98 4.38 0.00 0.00 5.83 7.23 1.98 11.08 12.36 8.74
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 3.11 0.00 0.00 2.34 0.00 0.61 1.41 16.34 4.85
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.32 0.17 0.03 0.06 0.10 0.29 0.57 0.35 0.87 1.54 1.51
Long-Term Debt to Equity		 0.26 0.17 0.03 0.06 0.09 0.11 0.11 0.14 0.15 0.49 0.47
Financial Leverage		 0.25 0.10 0.04 0.08 0.19 0.43 0.46 0.60 1.20 1.52 1.71
Leverage Ratio		 9.33 9.47 9.34 9.15 8.97 7.76 6.57 6.80 7.48 7.91 8.54
Compound Leverage Factor		 9.33 9.47 9.34 9.15 8.97 7.76 6.57 6.80 7.48 7.91 8.54
Debt to Total Capital		 24.23% 14.40% 2.53% 5.76% 8.74% 22.62% 36.33% 25.88% 46.43% 60.56% 60.11%
Short-Term Debt to Total Capital		 4.54% 0.00% 0.03% 0.07% 0.20% 14.08% 29.01% 15.24% 38.19% 41.44% 41.49%
Long-Term Debt to Total Capital		 19.69% 14.40% 2.50% 5.69% 8.54% 8.53% 7.32% 10.64% 8.24% 19.13% 18.62%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 7.73% 6.81% 5.86% 7.21% 5.35% 4.04% 3.89%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 75.77% 85.60% 97.47% 94.24% 83.52% 70.57% 57.82% 66.90% 48.21% 35.39% 35.99%
Debt to EBITDA		 1.45 0.69 0.10 0.28 0.95 3.23 3.72 4.45 7.34 112.75 8.99
Net Debt to EBITDA		 -0.66 -1.88 -1.96 -8.42 -18.56 -5.72 0.82 -2.04 2.67 68.94 5.34
Long-Term Debt to EBITDA		 1.18 0.69 0.10 0.28 0.93 1.22 0.75 1.83 1.30 35.61 2.79
Debt to NOPAT		 2.02 1.10 0.16 0.45 1.40 5.68 6.76 6.27 13.48 -98.12 16.67
Net Debt to NOPAT		 -0.92 -2.98 -3.12 -13.34 -27.44 -10.04 1.48 -2.87 4.90 -59.99 9.89
Long-Term Debt to NOPAT		 1.64 1.10 0.16 0.44 1.37 2.14 1.36 2.58 2.39 -30.99 5.16
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 4.27% 8.63% 9.00% 9.46% 9.86% 10.12% 10.00% 10.07%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -63 -143 231 202 235 273 -211 496 616 73 315
Operating Cash Flow to CapEx		 1,183.50% 1,659.22% 627.34% 444.98% 229.83% 1,020.55% 1,357.58% 2,566.78% 0.00% 1,837.63% 2,216.59%
Free Cash Flow to Firm to Interest Expense		 -0.39 -1.62 6.91 4.82 3.63 5.35 -4.73 11.95 10.77 1.06 4.11
Operating Cash Flow to Interest Expense		 1.56 3.36 4.91 2.39 0.54 2.15 3.00 3.65 1.37 1.40 2.28
Operating Cash Flow Less CapEx to Interest Expense		 1.43 3.16 4.13 1.85 0.30 1.94 2.77 3.51 3.44 1.33 2.18
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.06 0.07 0.06 0.05 0.06 0.05 0.06 0.06 0.05 0.05 0.05
Fixed Asset Turnover		 6.82 6.54 6.17 6.15 6.46 5.40 5.79 5.54 5.05 5.03 5.21
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,656 1,394 1,069 1,135 1,190 1,351 1,570 1,275 1,718 2,275 2,362
Invested Capital Turnover		 0.47 0.56 0.56 0.47 0.42 0.28 0.28 0.26 0.18 0.17 0.17
Increase / (Decrease) in Invested Capital		 261 325 -65 -56 -161 -219 295 -443 -557 -87 -230
Enterprise Value (EV)		 1,759 1,177 720 -716 -1,075 639 964 300 870 1,199 1,530
Market Capitalization		 1,942 1,720 1,240 1,233 872 1,088 747 359 488 265 595
Book Value per Share		 $27.33 $25.36 $21.92 $21.45 $19.36 $18.57 $17.71 $19.41 $18.86 $18.35 $19.03
Tangible Book Value per Share		 $25.17 $23.13 $19.56 $19.00 $16.79 $15.78 $15.96 $17.45 $16.90 $16.39 $17.10
Total Capital		 1,656 1,394 1,069 1,135 1,190 1,351 1,570 1,275 1,718 2,275 2,362
Total Debt		 401 201 27 65 104 306 570 330 798 1,378 1,420
Total Long-Term Debt		 326 201 27 65 102 115 115 136 142 435 440
Net Debt		 -183 -543 -519 -1,949 -2,040 -540 125 -151 290 842 843
Capital Expenditures (CapEx)		 21 18 26 22 15 11 9.82 5.90 -118 5.28 7.90
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -12 0.00
Net Nonoperating Obligations (NNO)		 401 201 27 65 104 306 570 330 798 1,378 1,420
Total Depreciation and Amortization (D&A)		 23 24 21 17 15 19 21 6.13 24 32 35
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $4.25 $3.85 $3.46 $2.85 $1.32 $0.92 $1.59 $0.88 $1.03 ($0.37) $1.58
Adjusted Weighted Average Basic Shares Outstanding		 45.39M 47.08M 47.60M 48.95M 51.39M 51.40M 51.32M 43.97M 43.91M 43.87M 44.61M
Adjusted Diluted Earnings per Share		 $4.23 $3.83 $3.44 $2.81 $1.32 $0.92 $1.52 $0.88 $1.03 ($0.37) $1.50
Adjusted Weighted Average Diluted Shares Outstanding		 46.90M 47.55M 48.44M 48.95M 51.39M 51.40M 51.32M 43.97M 43.91M 43.87M 44.61M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.59 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 45.39M 47.08M 47.60M 51.37M 51.56M 51.72M 51.35M 51.10M 51.09M 51.46M 52.33M
Normalized Net Operating Profit after Tax (NOPAT)		 198 182 166 146 87 71 84 53 59 -14 85
Normalized NOPAT Margin		 27.85% 26.39% 27.08% 27.04% 16.32% 17.53% 21.32% 13.75% 16.16% -3.60% 20.01%
Pre Tax Income Margin		 35.65% 38.48% 39.77% 39.70% 17.80% 18.57% 33.54% 17.78% 23.26% -5.14% 28.75%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.57 3.01 7.29 5.13 1.46 1.48 2.98 1.64 1.49 -0.29 1.59
NOPAT to Interest Expense		 1.22 2.07 4.96 3.49 1.15 1.06 1.90 1.27 1.04 -0.20 1.11
EBIT Less CapEx to Interest Expense		 1.44 2.81 6.51 4.59 1.23 1.26 2.76 1.50 3.55 -0.37 1.49
NOPAT Less CapEx to Interest Expense		 1.09 1.86 4.18 2.96 0.91 0.85 1.68 1.13 3.10 -0.28 1.01
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 23.03% 22.55% 18.10% 14.35% 28.11% 38.79% 29.40% 46.38% 40.56% -1,262.90% 33.27%
Augmented Payout Ratio		 58.52% 32.81% 56.67% 48.47% 31.10% 38.79% 29.40% 46.38% 40.56% -1,620.33% 53.17%

Quarterly Metrics And Ratios for OFG Bancorp

This table displays calculated financial ratios and metrics derived from OFG Bancorp's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 2.37% 0.24% 1.31% 5.94% 5.86% 8.14% 9.77% 12.17% 20.47% 18.44% 16.20%
EBITDA Growth		 -9.02% -20.02% -6.28% 6.48% 2.67% 3.84% 7.77% 8.71% 16.96% 64.80% -1.12%
EBIT Growth		 -12.47% -22.86% -6.24% 8.32% 4.27% 0.43% 5.41% 10.83% 20.41% 40.17% 2.00%
NOPAT Growth		 -8.29% 8.05% 4.74% 15.75% 7.49% 0.50% 7.05% 9.25% 23.21% 39.32% 0.60%
Net Income Growth		 -8.29% 8.05% 4.74% 15.75% 7.49% 0.50% 7.05% 9.25% 23.21% 39.32% 0.60%
EPS Growth		 -4.76% 11.11% 5.26% 16.13% 9.38% 2.06% 9.20% 10.71% 26.32% 46.97% 7.41%
Operating Cash Flow Growth		 36.20% -64.40% -34.51% 101.70% 16.84% 119.84% 243.31% -6.61% 33.15% 517.32% 9.19%
Free Cash Flow Firm Growth		 -76.51% 24.18% 101.04% 78.70% 75.01% -349.60% -377.27% -234.68% -212.88% 25.54% 198.68%
Invested Capital Growth		 9.50% 18.74% 2.72% 7.70% 7.61% 30.37% 51.49% 27.23% 23.22% -5.74% -11.41%
Revenue Q/Q Growth		 -2.25% 4.55% -2.81% 3.07% -4.28% 5.66% 1.63% 2.98% -2.22% 7.26% 3.85%
EBITDA Q/Q Growth		 10.36% -13.99% -9.64% 6.08% -2.99% 0.79% 2.67% 2.28% -1.88% 4.60% 3.56%
EBIT Q/Q Growth		 12.62% -14.56% -13.30% 4.92% -0.75% 3.85% 0.17% 1.00% -4.41% 8.99% 5.33%
NOPAT Q/Q Growth		 -9.48% 7.12% -8.08% 2.90% 6.64% 3.84% 1.58% -4.45% -0.30% 10.61% 3.68%
Net Income Q/Q Growth		 -9.48% 7.12% -8.08% 2.90% 6.64% 3.84% 1.58% -4.45% -0.30% 10.61% 3.68%
EPS Q/Q Growth		 -9.09% 10.00% -7.41% 2.86% 6.06% 4.21% 2.15% -3.13% -1.03% 11.49% 3.57%
Operating Cash Flow Q/Q Growth		 117.02% -34.17% -38.85% 55.90% -43.28% 21.10% 88.34% -9.69% 6.73% 89.11% -48.77%
Free Cash Flow Firm Q/Q Growth		 57.80% -4,336.75% 109.75% -1.24% 81.87% 42.15% -100.68% -18.74% -281.06% -35.74% -2.52%
Invested Capital Q/Q Growth		 -6.31% 4.19% 11.24% 0.85% 1.59% -9.87% 16.64% 0.76% 23.08% 4.73% -2.04%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 36.64% 32.46% 39.46% 42.44% 41.23% 40.68% 42.65% 42.22% 42.51% 42.36% 43.44%
EBIT Margin		 33.29% 28.89% 35.36% 39.63% 38.93% 37.55% 38.20% 38.76% 39.52% 40.43% 39.79%
Profit (Net Income) Margin		 25.52% 27.56% 26.90% 28.44% 28.49% 25.57% 26.02% 26.03% 28.05% 27.51% 26.68%
Tax Burden Percent		 76.66% 95.38% 76.07% 71.75% 73.17% 68.09% 68.09% 67.15% 70.98% 68.05% 67.05%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 23.34% 4.62% 23.93% 28.25% 26.83% 31.91% 31.91% 32.85% 29.02% 31.95% 32.95%
Return on Invested Capital (ROIC)		 12.31% 12.86% 12.20% 14.64% 14.57% 14.31% 13.69% 14.51% 15.10% 15.32% 14.42%
ROIC Less NNEP Spread (ROIC-NNEP)		 12.31% 12.86% 12.20% 14.64% 14.57% 14.31% 13.69% 14.51% 15.10% 15.32% 14.42%
Return on Net Nonoperating Assets (RNNOA)		 2.24% 3.16% 3.65% 2.69% 2.70% 1.46% 3.14% 1.74% 1.81% 0.67% 0.89%
Return on Equity (ROE)		 14.55% 16.02% 15.85% 17.33% 17.27% 15.76% 16.82% 16.25% 16.91% 15.99% 15.31%
Cash Return on Invested Capital (CROIC)		 4.01% -4.14% 9.72% 6.54% 6.24% -11.60% -26.80% -8.88% -6.13% 20.99% 26.19%
Operating Return on Assets (OROA)		 2.08% 1.80% 2.32% 2.64% 2.56% 2.45% 2.54% 2.52% 2.51% 2.52% 2.26%
Return on Assets (ROA)		 1.60% 1.72% 1.76% 1.89% 1.88% 1.67% 1.73% 1.69% 1.78% 1.71% 1.52%
Return on Common Equity (ROCE)		 14.55% 16.02% 15.85% 17.33% 17.27% 15.76% 16.82% 16.25% 16.91% 15.99% 15.31%
Return on Equity Simple (ROE_SIMPLE)		 14.98% 0.00% 14.75% 15.66% 15.25% 0.00% 16.58% 16.25% 16.06% 0.00% 15.41%
Net Operating Profit after Tax (NOPAT)		 46 50 47 51 50 47 45 44 46 46 42
NOPAT Margin		 25.52% 27.56% 26.90% 28.44% 28.49% 25.57% 26.02% 26.03% 28.05% 27.51% 26.68%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 35.64% 37.32% 36.03% 34.41% 36.18% 36.23% 36.12% 36.21% 37.13% 36.02% 35.11%
Operating Expenses to Revenue		 52.33% 54.58% 52.42% 51.70% 52.40% 51.63% 52.27% 52.37% 54.75% 54.37% 55.68%
Earnings before Interest and Taxes (EBIT)		 59 53 62 71 68 68 66 66 65 68 63
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 65 59 69 76 72 74 74 72 70 71 68
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.40 1.55 1.59 1.43 1.42 1.44 1.25 1.10 1.05 1.19 1.14
Price to Tangible Book Value (P/TBV)		 1.52 1.68 1.72 1.56 1.55 1.58 1.39 1.22 1.17 1.33 1.29
Price to Revenue (P/Rev)		 2.54 2.73 2.94 2.48 2.46 2.49 2.03 1.83 1.78 2.02 1.93
Price to Earnings (P/E)		 9.36 9.80 10.76 9.15 9.28 9.46 7.55 6.75 6.55 7.46 7.41
Dividend Yield		 2.62% 2.36% 2.16% 2.51% 2.49% 2.41% 2.95% 3.31% 3.20% 2.69% 2.60%
Earnings Yield		 10.68% 10.20% 9.30% 10.92% 10.77% 10.58% 13.24% 14.81% 15.27% 13.41% 13.50%
Enterprise Value to Invested Capital (EV/IC)		 0.88 1.06 1.06 0.86 0.83 0.84 0.84 0.48 0.40 0.67 0.34
Enterprise Value to Revenue (EV/Rev)		 1.91 2.47 2.37 1.73 1.68 1.71 1.92 0.97 0.82 1.17 0.60
Enterprise Value to EBITDA (EV/EBITDA)		 5.07 6.36 5.79 4.14 4.02 4.07 4.52 2.26 1.92 2.71 1.48
Enterprise Value to EBIT (EV/EBIT)		 5.58 6.93 6.26 4.48 4.37 4.44 4.89 2.44 2.07 2.95 1.57
Enterprise Value to NOPAT (EV/NOPAT)		 7.05 8.88 8.68 6.37 6.32 6.47 7.13 3.57 3.02 4.33 2.30
Enterprise Value to Operating Cash Flow (EV/OCF)		 4.99 6.97 5.25 3.48 3.85 3.98 5.46 3.66 2.98 4.38 2.85
Enterprise Value to Free Cash Flow (EV/FCFF)		 23.02 0.00 11.07 13.60 13.75 0.00 0.00 0.00 0.00 3.11 1.23
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.20 0.32 0.21 0.16 0.17 0.17 0.41 0.21 0.21 0.03 0.03
Long-Term Debt to Equity		 0.20 0.26 0.21 0.16 0.17 0.17 0.27 0.21 0.21 0.03 0.03
Financial Leverage		 0.18 0.25 0.30 0.18 0.19 0.10 0.23 0.12 0.12 0.04 0.06
Leverage Ratio		 9.12 9.33 9.00 9.15 9.20 9.47 9.72 9.59 9.51 9.34 10.09
Compound Leverage Factor		 9.12 9.33 9.00 9.15 9.20 9.47 9.72 9.59 9.51 9.34 10.09
Debt to Total Capital		 16.48% 24.23% 17.04% 14.05% 14.17% 14.40% 29.19% 17.08% 17.23% 2.53% 2.67%
Short-Term Debt to Total Capital		 0.00% 4.54% 0.00% 0.00% 0.00% 0.00% 9.74% 0.00% 0.01% 0.03% 0.01%
Long-Term Debt to Total Capital		 16.48% 19.69% 17.04% 14.05% 14.17% 14.40% 19.44% 17.08% 17.22% 2.50% 2.66%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 83.52% 75.77% 82.96% 85.95% 85.83% 85.60% 70.81% 82.92% 82.77% 97.47% 97.33%
Debt to EBITDA		 0.95 1.45 0.93 0.68 0.69 0.69 1.57 0.81 0.82 0.10 0.12
Net Debt to EBITDA		 -1.66 -0.66 -1.39 -1.81 -1.88 -1.88 -0.27 -2.02 -2.24 -1.96 -3.30
Long-Term Debt to EBITDA		 0.95 1.18 0.93 0.68 0.69 0.69 1.05 0.81 0.82 0.10 0.11
Debt to NOPAT		 1.32 2.02 1.39 1.04 1.08 1.10 2.49 1.27 1.30 0.16 0.18
Net Debt to NOPAT		 -2.31 -0.92 -2.08 -2.78 -2.96 -2.98 -0.42 -3.18 -3.53 -3.12 -5.11
Long-Term Debt to NOPAT		 1.32 1.64 1.39 1.04 1.08 1.10 1.66 1.27 1.30 0.16 0.18
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -89 -211 4.98 -51 -50 -278 -481 -240 -202 111 173
Operating Cash Flow to CapEx		 1,909.68% 943.74% 911.79% 2,015.82% 986.11% 1,720.93% 2,250.70% 1,041.14% 1,684.96% 795.41% 347.95%
Free Cash Flow to Firm to Interest Expense		 -2.22 -5.14 0.12 -1.27 -1.28 -8.52 -20.10 -13.06 -15.42 10.67 21.24
Operating Cash Flow to Interest Expense		 2.07 0.93 1.41 2.36 1.55 3.29 3.71 2.57 3.99 4.68 3.17
Operating Cash Flow Less CapEx to Interest Expense		 1.96 0.83 1.26 2.24 1.39 3.10 3.55 2.32 3.75 4.09 2.26
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.06 0.06 0.07 0.07 0.07 0.07 0.07 0.07 0.06 0.06 0.06
Fixed Asset Turnover		 6.86 6.82 6.83 6.80 6.66 6.54 6.46 6.41 6.35 6.17 6.09
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,551 1,656 1,589 1,428 1,416 1,394 1,547 1,326 1,316 1,069 1,021
Invested Capital Turnover		 0.48 0.47 0.45 0.51 0.51 0.56 0.53 0.56 0.54 0.56 0.54
Increase / (Decrease) in Invested Capital		 135 261 42 102 100 325 526 284 248 -65 -132
Enterprise Value (EV)		 1,369 1,759 1,688 1,226 1,172 1,177 1,295 637 528 720 352
Market Capitalization		 1,817 1,942 2,092 1,760 1,720 1,720 1,372 1,206 1,146 1,240 1,135
Book Value per Share		 $28.54 $27.33 $28.31 $26.12 $25.86 $25.36 $23.24 $23.14 $22.89 $21.92 $20.90
Tangible Book Value per Share		 $26.38 $25.17 $26.15 $23.95 $23.66 $23.13 $20.98 $20.86 $20.58 $19.56 $18.47
Total Capital		 1,551 1,656 1,589 1,428 1,416 1,394 1,547 1,326 1,316 1,069 1,021
Total Debt		 256 401 271 201 201 201 451 227 227 27 27
Total Long-Term Debt		 256 326 271 201 201 201 301 227 227 27 27
Net Debt		 -448 -183 -404 -535 -549 -543 -77 -569 -618 -519 -783
Capital Expenditures (CapEx)		 4.35 4.06 6.38 4.72 6.19 6.25 3.95 4.53 3.10 6.15 7.43
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 256 401 271 201 201 201 451 227 227 27 27
Total Depreciation and Amortization (D&A)		 6.00 6.51 7.17 5.04 4.01 5.71 7.67 5.87 4.92 3.26 5.74
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.01 $1.09 $1.01 $1.09 $1.06 $1.00 $0.95 $0.93 $0.97 $0.97 $0.88
Adjusted Weighted Average Basic Shares Outstanding		 44.91M 45.39M 45.90M 46.56M 47.00M 47.08M 47.06M 47.13M 47.53M 47.60M 47.56M
Adjusted Diluted Earnings per Share		 $1.00 $1.10 $1.00 $1.08 $1.05 $0.99 $0.95 $0.93 $0.96 $0.97 $0.87
Adjusted Weighted Average Diluted Shares Outstanding		 45.51M 46.90M 46.85M 47.13M 47.34M 47.55M 47.39M 47.49M 47.94M 48.44M 47.93M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 44.91M 45.39M 45.90M 46.56M 47.00M 47.08M 47.06M 47.13M 47.53M 47.60M 47.56M
Normalized Net Operating Profit after Tax (NOPAT)		 46 50 47 51 50 47 45 44 46 46 42
Normalized NOPAT Margin		 25.52% 27.56% 26.90% 28.44% 28.49% 25.57% 26.02% 26.03% 28.05% 27.51% 26.68%
Pre Tax Income Margin		 33.29% 28.89% 35.36% 39.63% 38.93% 37.55% 38.20% 38.76% 39.52% 40.43% 39.79%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.48 1.29 1.50 1.77 1.73 2.10 2.75 3.59 4.98 6.52 7.66
NOPAT to Interest Expense		 1.14 1.23 1.14 1.27 1.26 1.43 1.88 2.41 3.53 4.44 5.13
EBIT Less CapEx to Interest Expense		 1.37 1.19 1.35 1.65 1.57 1.90 2.59 3.34 4.74 5.93 6.75
NOPAT Less CapEx to Interest Expense		 1.03 1.13 0.99 1.15 1.11 1.24 1.71 2.16 3.30 3.85 4.22
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 24.07% 23.03% 22.93% 22.47% 22.57% 22.55% 22.04% 20.63% 19.24% 18.10% 16.71%
Augmented Payout Ratio		 72.37% 58.52% 35.47% 36.23% 31.07% 32.81% 32.31% 29.84% 38.40% 56.67% 64.91%

Frequently Asked Questions About OFG Bancorp's Financials

When does OFG Bancorp's financial year end?

According to the most recent income statement we have on file, OFG Bancorp's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has OFG Bancorp's net income changed over the last 10 years?

OFG Bancorp's net income appears to be on an upward trend, with a most recent value of $198.17 million in 2024, rising from $85.18 million in 2014. The previous period was $181.87 million in 2023. Check out OFG Bancorp's forecast to explore projected trends and price targets.

How has OFG Bancorp revenue changed over the last 10 years?

Over the last 10 years, OFG Bancorp's total revenue changed from $425.80 million in 2014 to $711.69 million in 2024, a change of 67.1%.

How much debt does OFG Bancorp have?

OFG Bancorp's total liabilities were at $10.25 billion at the end of 2024, a 0.9% increase from 2023, and a 57.5% increase since 2014.

How much cash does OFG Bancorp have?

In the past 10 years, OFG Bancorp's cash and equivalents has ranged from $442.10 million in 2018 to $2.14 billion in 2020, and is currently $584.47 million as of their latest financial filing in 2024.

How has OFG Bancorp's book value per share changed over the last 10 years?

Over the last 10 years, OFG Bancorp's book value per share changed from 19.03 in 2014 to 27.33 in 2024, a change of 43.6%.


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This page (NYSE:OFG) was last updated on 5/29/2025 by MarketBeat.com Staff
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