OFG Bancorp (OFG) Financial Statements & Analysis

OFG Bancorp (OFG) Income Statement

OFG Bancorp reported revenue of $623.93M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 5.6% from $660.94M a year earlier. Net income was $205.10M, up 3.5% year over year, a net margin of 32.9%. Gross margin was 98.5% and operating margin 42.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $230.65M, up 43.5% from the same quarter a year earlier.

OFG Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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OFG Bancorp income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	623.93	660.94	640.14	589.61	539.08	541.21	429.88	400.92	387.77
Cost of Revenue	248.09	244.09	148.65	57.61	42.05	157.59	147.79	100.63	154.61
Gross Profit	614.52	578.69	579.50	540.89	497.03	383.62	282.09	300.29	233.16
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	215.13	178.53	176.42	185.75	151.67	151.38	92.27	88.95	91.66
Operating Expenses	348.52	324.94	314.26	296.79	282.43	288.80	206.84	167.49	165.07
Operating Income	266.01	253.75	265.25	244.11	214.60	94.83	75.25	132.80	68.09
Other Income/Expense
Interest Income	780.94	750.28	648.88	515.57	449.20	473.35	373.80	360.42	345.65
Interest Expense	172.47	161.84	88.01	33.49	41.83	64.92	51.00	44.53	41.48
Other Income/Expense	-31.89	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	234.12	253.75	265.25	244.11	214.60	94.83	75.25	132.80	68.09
Income Tax Expense	29.01	55.58	83.38	77.87	68.45	20.50	21.41	48.39	15.44
Net Income	205.10	198.17	181.87	166.24	146.15	74.33	53.84	84.41	52.65
Net Income - Continuous Operations	205.10	198.17	181.87	166.24	146.15	74.33	53.84	84.41	52.65
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	25.39	280.54	291.82	24.31	238.53	118.58	84.93	143.02	78.55
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	19.14	26.79	27.29	24.31	23.93	23.76	9.68	10.22	10.46
Earnings Per Share
Basic EPS	5.00	4.00	4.00	3.00	3.00	1.00	1.00	2.00	1.00
Diluted EPS	5.00	4.00	4.00	3.00	3.00	1.00	1.00	2.00	1.00
Basic Shares Outstanding	44.55	46.64	47.26	48.03	50.96	51.36	51.34	45.40	43.94
Diluted Shares Outstanding	44.76	46.90	47.55	48.44	51.37	51.56	51.72	51.35	51.10

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About OFG Bancorp Financial Statements

What was OFG Bancorp's revenue in fiscal 2025?

OFG Bancorp reported revenue of $623.93M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 5.6% from $660.94M a year earlier.

Is OFG Bancorp profitable?

Yes. OFG Bancorp earned net income of $205.10M in fiscal 2025, a net margin of 32.9%. In fiscal 2024 it earned $198.17M.

What is OFG Bancorp's operating margin?

OFG Bancorp's operating income was $266.01M on revenue of $623.93M in fiscal 2025, an operating margin of 42.6%, compared with 38.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition