OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending services; financial planning and insurance services; and corporate and individual trust, and retirement services. It also provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. In addition, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments; and management and participation in public offerings and private placements of debt and equity securities. Further, it offers money management and investment banking services; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company operates through a network of 50 branches in Puerto Rico and 2 branches in USVI. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.
Earnings for OFG Bancorp (OFG)
Earnings in 2023 (TTM): $265.25 M
According to OFG Bancorp's latest financial reports the company's current earnings (TTM) are $265.25 M. The earnings displayed on this page is the company's Pretax Income.
Earnings history of OFG Bancorp
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $265.25 M | $181.87 M |
| 2022 | $244.11 M | $166.24 M |
| 2021 | $214.6 M | $146.15 M |
| 2020 | $94.83 M | $74.33 M |
| 2019 | $75.81 M | $54.19 M |
| 2018 | $132.8 M | $84.41 M |
| 2017 | $68.09 M | $52.65 M |
| 2016 | $85.18 M | $59.19 M |
| 2015 | $-20,058,000 | $-2,504,000 |
| 2014 | $122.43 M | $85.18 M |
| 2013 | $89.74 M | $98.45 M |
| 2012 | $27.86 M | $24.56 M |
| 2011 | $35.32 M | $34.45 M |
| 2010 | $5.54 M | $9.83 M |
| 2009 | $29.92 M | $22.95 M |
| 2008 | $17.47 M | $26.79 M |
| 2007 | $42.82 M | $41.27 M |
| 2006 | $-6,737,000 | $-5,106,000 |
| 2004 | $54.96 M | $56.61 M |
| 2003 | $69.23 M | $63.65 M |
| 2002 | $55.6 M | $51.32 M |
| 2001 | $39.17 M | $38.45 M |
| 2000 | $7.32 M | $8.47 M |
| 1999 | $19.67 M | $19.57 M |
| 1998 | $30 M | $26.6 M |
| 1997 | $25.3 M | $21.4 M |
| 1996 | $19.7 M | $16.6 M |
| 1995 | $18.3 M | $14.7 M |
| 1994 | $15 M | $12.1 M |
| 1993 | $ | $9.8 M |
| 1992 | $8.9 M | $7 M |
| 1991 | $2.6 M | $2.1 M |
| 1990 | $ | $1000 K |
| 1989 | $ | $ |
| 1988 | $ | $-500,000 |
| 1987 | $ | $-3,800,000 |
| 1986 | $ | $2.3 M |