For the quarter ending 2025-09-30, OFG made $374,088K in revenue. $51,838K in net income. Net profit margin of 13.86%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans | 161,334 | 156,987 | ||
| Mortgage-backed securities | 29,244 | 28,222 | ||
| Investment securities and other | 9,567 | 9,138 | ||
| Total interest income | 200,145 | 194,347 | ||
| Deposits | 39,742 | 37,879 | ||
| Securities sold under agreements to repurchase | 986 | 120 | ||
| Advances from fhlb and other borrowings | 4,693 | 4,420 | ||
| Total interest expense | 45,421 | 42,419 | ||
| Net interest income | 154,724 | 151,928 | ||
| Provision for credit losses | 28,258 | 21,678 | ||
| Net interest income after provision for credit losses | 126,466 | 130,250 | ||
| Banking service revenue | 15,930 | 15,982 | ||
| Wealth management revenue | 9,014 | 8,918 | ||
| Mortgage banking activities | 4,312 | 5,347 | ||
| Total banking and financial service revenues | 29,256 | 30,247 | ||
| Other non-interest income | 2,197 | 184 | ||
| Net loss on sale of securities | - | 0 | ||
| Total non-interest income | 31,453 | 30,431 | ||
| Compensation and employee benefits | 39,836 | 39,565 | ||
| Occupancy, equipment and infrastructure costs | 14,994 | 14,629 | ||
| Electronic banking charges | 12,657 | 12,276 | ||
| Information technology expenses | 6,805 | 6,678 | ||
| Professional and service fees | 5,336 | 4,813 | ||
| Taxes, other than payroll and income taxes | 4,153 | 3,743 | ||
| Insurance | 2,721 | 3,025 | ||
| Advertising, business promotion, and strategic initiatives | 2,875 | 2,544 | ||
| Loan servicing and clearing expenses | 2,288 | 2,172 | ||
| Communication | 1,080 | 1,221 | ||
| Printing, postage, stationery and supplies | 1,022 | 983 | ||
| Director and investor relations | 296 | - | ||
| Foreclosed real estate and other repossessed assets (income) expenses, net | 521 | -310 | ||
| Other | 3,006 | 2,843 | ||
| Total non-interest expense | 96,548 | 94,802 | ||
| Income before income taxes | 61,371 | 65,879 | ||
| Income tax expense | 9,533 | 14,078 | ||
| Net income available to common shareholders | 51,838 | 51,801 | ||
| Average common shares outstanding (in shares) | 44,430,000 | 44,854,000 | ||
| Average common shares outstanding and equivalents (in shares) | 44,658,000 | 45,033,000 | ||
| Basic (in dollars per share) | 1.17 | 1.15 | ||
| Diluted (in dollars per share) | 1.16 | 1.15 | ||
OFG BANCORP (OFG)
OFG BANCORP (OFG)