OFG
Income statement / Annual
Last year (2023), OFG Bancorp's total revenue was $628.61 M,
an increase of 2.42% from the previous year.
In 2023, OFG Bancorp's net income was $181.87 M.
See OFG Bancorp’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
| Operating Revenue |
$628.61 M
|
$613.77 M
|
$540.58 M
|
$476.29 M
|
$393.47 M
|
$382.44 M
|
$370.23 M
|
$345.70 M
|
$348.31 M
|
$425.80 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$59.84 M |
| Gross Profit |
$628.61 M |
$613.77 M |
$540.58 M |
$476.29 M |
$393.47 M |
$382.44 M |
$370.23 M |
$345.70 M |
$348.31 M |
$365.96 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
0.86 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$167.67 M
|
$294.74 M
|
$272.97 M
|
$145.52 M
|
$167.08 M
|
$160.45 M
|
$156.45 M
|
$164.48 M
|
$171.76 M
|
$204.22 M
|
| Selling & Marketing
Expenses |
$8.74 M
|
$8.24 M
|
$7.00 M
|
$5.85 M
|
$5.21 M
|
$5.08 M
|
$5.62 M
|
$5.49 M
|
$6.45 M
|
$7.01 M
|
| Selling, General &
Administrative Expenses |
$176.42 M
|
$294.74 M
|
$272.97 M
|
$151.38 M
|
$167.08 M
|
$160.45 M
|
$156.45 M
|
$164.48 M
|
$171.76 M
|
$204.22 M
|
| Other Expenses |
$0.00 |
-$63.82 M |
-$598.95 M |
-$532.84 M |
-$484.75 M |
-$268.01 M |
-$393.18 M |
-$100.42 M |
$0.00 |
$0.00 |
| Operating Expenses |
$640.14 M |
$230.92 M |
-$325.98 M |
-$381.47 M |
-$317.67 M |
-$179.07 M |
-$236.73 M |
$20.42 M |
$22.67 M |
$23.01 M |
| Cost And Expenses |
$276.30 M |
$230.92 M |
-$325.98 M |
-$381.47 M |
-$317.67 M |
-$179.07 M |
-$212.80 M |
$16.65 M |
$12.10 M |
$82.85 M |
| Interest Income |
$648.88 M |
$515.57 M |
$449.20 M |
$473.35 M |
$373.80 M |
$360.42 M |
$345.65 M |
$356.59 M |
$406.57 M |
$485.26 M |
| Interest Expense |
$88.01 M |
$33.49 M |
$41.83 M |
$64.92 M |
$51.00 M |
$44.53 M |
$41.48 M |
$57.17 M |
$69.20 M |
$76.78 M |
| Depreciation &
Amortization |
$27.29 M
|
$24.31 M
|
$23.93 M
|
$23.76 M
|
$9.68 M
|
$10.22 M
|
$10.46 M
|
$11.10 M
|
$13.01 M
|
$12.37 M
|
| EBITDA |
$291.82 M
|
$268.53 M
|
$242.96 M
|
$116.39 M
|
$0.00
|
$141.76 M
|
$0.00
|
$96.28 M
|
$0.00
|
$352.71 M
|
| EBITDA Ratio |
0.46 |
0.49 |
0.44 |
0.25 |
0.22 |
0.49 |
0.32 |
0.44 |
0.18 |
0.5 |
| Operating Income Ratio
|
0.42
|
0.45
|
0.4
|
0.2
|
0.19
|
0.46
|
0.3
|
0.41
|
0.14
|
0.47
|
| Total Other
Income/Expenses Net |
$717,000.00
|
-$87.31 M
|
-$11.54 M
|
-$19.74 M
|
-$17.77 M
|
$1.26 M
|
-$80,000.00
|
-$7.00 M
|
-$20.06 M
|
-$230.28 M
|
| Income Before Tax |
$265.25 M |
$244.11 M |
$214.60 M |
$94.83 M |
$75.81 M |
$132.80 M |
$68.09 M |
$85.18 M |
-$20.06 M |
$122.43 M |
| Income Before Tax Ratio
|
0.42
|
0.4
|
0.4
|
0.2
|
0.19
|
0.35
|
0.18
|
0.25
|
-0.06
|
0.29
|
| Income Tax Expense |
$83.38 M |
$77.87 M |
$68.45 M |
$20.50 M |
$21.62 M |
$48.39 M |
$15.44 M |
$25.99 M |
-$17.55 M |
$37.25 M |
| Net Income |
$181.87 M |
$166.24 M |
$146.15 M |
$74.33 M |
$54.19 M |
$84.41 M |
$52.65 M |
$59.19 M |
-$2.50 M |
$85.18 M |
| Net Income Ratio |
0.29 |
0.27 |
0.27 |
0.16 |
0.14 |
0.22 |
0.14 |
0.17 |
-0.01 |
0.2 |
| EPS |
3.85 |
3.46 |
2.85 |
1.32 |
1.06 |
1.64 |
0.88 |
1.03 |
-0.0566 |
1.58 |
| EPS Diluted |
3.82 |
3.44 |
2.81 |
1.32 |
1.05 |
1.64 |
0.86 |
1.03 |
-0.0487 |
1.5 |
| Weighted Average Shares
Out |
$47.26 M
|
$48.03 M
|
$50.96 M
|
$51.36 M
|
$51.34 M
|
$51.35 M
|
$43.94 M
|
$43.91 M
|
$44.23 M
|
$45.02 M
|
| Weighted Average Shares
Out Diluted |
$47.55 M
|
$48.44 M
|
$51.37 M
|
$51.56 M
|
$51.72 M
|
$51.35 M
|
$51.10 M
|
$51.09 M
|
$51.46 M
|
$52.33 M
|
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