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OFG Bancorp (OFG) Revenue & Revenue Breakdown

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OFG Bancorp Revenue Highlights

Latest Revenue (Y)

$777.26M

Latest Revenue (Q)

$215.90M

OFG Bancorp Revenue by Period

OFG Bancorp Revenue by Year

DateRevenueChange
2023-12-31$777.26M26.64%
2022-12-31$613.77M13.54%
2021-12-31$540.58M13.50%
2020-12-31$476.29M21.05%
2019-12-31$393.47M2.89%
2018-12-31$382.44M3.30%
2017-12-31$370.23M7.10%
2016-12-31$345.70M-0.75%
2015-12-31$348.31M-18.20%
2014-12-31$425.80M-0.08%
2013-12-31$426.12M113.07%
2012-12-31$199.99M4.58%
2011-12-31$191.24M21.42%
2010-12-31$157.50M-23.76%
2009-12-31$206.57M108.51%
2008-12-31$99.07M-14.77%
2007-12-31$116.23M89.41%
2006-12-31$61.36M-49.41%
2005-06-30$121.30M-
2004-06-30$121.30M-8.97%
2003-06-30$133.25M17.45%
2002-06-30$113.45M25.71%
2001-06-30$90.25M86.33%
2000-06-30$48.44M-28.43%
1999-06-30$67.68M-13.35%
1998-06-30$78.10M18.33%
1997-06-30$66.00M20.22%
1996-06-30$54.90M15.34%
1995-06-30$47.60M21.74%
1994-06-30$39.10M60.25%
1993-06-30$24.40M-

OFG Bancorp generated $777.26M in revenue during NA 2023, up 26.64% compared to the previous quarter, and up 203.24% compared to the same period a year ago.

OFG Bancorp Revenue by Quarter

DateRevenueChange
2024-09-30$215.90M-2.23%
2024-06-30$220.82M3.66%
2024-03-31$213.02M-0.88%
2023-12-31$214.91M24.59%
2023-09-30$172.49M1.63%
2023-06-30$169.72M2.98%
2023-03-31$164.80M-2.22%
2022-12-31$168.54M7.26%
2022-09-30$157.13M12.77%
2022-06-30$139.34M1.86%
2022-03-31$136.80M-3.86%
2021-12-31$142.30M5.23%
2021-09-30$135.22M9.77%
2021-06-30$123.19M3.92%
2021-03-31$118.54M-2.70%
2020-12-31$121.83M5.94%
2020-09-30$114.99M-8.61%
2020-06-30$125.83M-5.83%
2020-03-31$133.62M39.27%
2019-12-31$95.95M-4.05%
2019-09-30$100.00M-1.43%
2019-06-30$101.45M5.59%
2019-03-31$96.08M-6.37%
2018-12-31$102.62M5.85%
2018-09-30$96.95M3.14%
2018-06-30$94.00M5.78%
2018-03-31$88.86M0.11%
2017-12-31$88.77M-6.84%
2017-09-30$95.28M-1.21%
2017-06-30$96.44M7.47%
2017-03-31$89.74M1.00%
2016-12-31$88.85M-1.77%
2016-09-30$90.45M10.17%
2016-06-30$82.10M-2.60%
2016-03-31$84.29M2.10%
2015-12-31$82.56M-30.23%
2015-09-30$118.33M71.02%
2015-06-30$69.19M-22.08%
2015-03-31$88.80M-10.54%
2014-12-31$99.26M1.43%
2014-09-30$97.86M-2.26%
2014-06-30$100.12M-1.72%
2014-03-31$101.87M-5.30%
2013-12-31$107.58M15.64%
2013-09-30$93.03M-11.81%
2013-06-30$105.49M8.34%
2013-03-31$97.37M382.68%
2012-12-31$20.17M-74.19%
2012-09-30$78.17M40.06%
2012-06-30$55.81M7.67%
2012-03-31$51.83M59.25%
2011-12-31$32.55M-40.20%
2011-09-30$54.43M-8.63%
2011-06-30$59.57M33.29%
2011-03-31$44.69M39.04%
2010-12-31$32.14M-24.53%
2010-09-30$42.59M-19.26%
2010-06-30$52.75M38.28%
2010-03-31$38.15M-1744.98%
2009-12-31$-2.32M-104.03%
2009-09-30$57.47M-29.51%
2009-06-30$81.54M70.19%
2009-03-31$47.91M-19.05%
2008-12-31$59.19M-30.16%
2008-09-30$84.74M141.54%
2008-06-30$35.09M3.88%
2008-03-31$33.77M-4.71%
2007-12-31$35.44M-

OFG Bancorp generated $215.90M in revenue during Q3 2024, up -2.23% compared to the previous quarter, and up 127.21% compared to the same period a year ago.

OFG Bancorp Revenue Breakdown

OFG Bancorp Revenue Breakdown by Product

Quarterly Revenue by Product

Product/ServiceSep 18Jun 18Mar 18
Treasury---
Intersegment Elimination$-616.00K$-542.00K$-361.00K
Wealth Management---
Banking$616.00K$542.00K$361.00K
Consolidated Total---
Major Segment$616.00K$542.00K$361.00K

OFG Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Sep 18: Banking (100.00%), Major Segment (100.00%), and Intersegment Elimination (-100.00%).

OFG Bancorp Revenue Breakdown by Country

Quarterly Revenue by Country

CountrySep 18Jun 18Mar 18
Wealth Management---
Banking$616.00K$542.00K$361.00K
Consolidated Total---
Intersegment Elimination$-616.00K$-542.00K$-361.00K
Major Segment$616.00K$542.00K$361.00K
Treasury---

OFG Bancorp's latest quarterly revenue breakdown by geography, as of Sep 18: Banking (100.00%), Major Segment (100.00%), and Intersegment Elimination (-100.00%).

OFG Bancorp Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BPOPPopular$3.91B$1.10B
OFGOFG Bancorp$777.26M$215.90M
FCFFirst Commonwealth Financial$626.39M$179.04M
FBNCFirst Bancorp$546.25M$145.66M
FBMSFirst Bancshares$387.64M$93.56M
NFBKNorthfield Bancorp, Inc. (Staten Island, NY)$220.69M$62.90M
HBCPHome Bancorp$178.87M$51.02M
ORRFOrrstown Financial Services$176.01M$95.37M
PKBKParke Bancorp$118.56M$32.84M
FNWBFirst Northwest Bancorp$104.92M$28.21M
FNWDFinward Bancorp$96.53M$22.47M
FBIZFirst Business Financial Services$89.23M$50.94M
FFNWFirst Financial Northwest$80.93M$20.09M
OPOFOld Point Financial$80.28M$21.99M
RBKBRhinebeck Bancorp$66.39M$6.01M
CWBCCommunity West Bancshares$61.39M$27.26M
LSBKLake Shore Bancorp$36.39M$9.64M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$8.04M
FCCOFirst Community$10.42M$26.72M

OFG Revenue FAQ

What is OFG Bancorp’s yearly revenue?

OFG Bancorp's yearly revenue for 2023 was $777.26M, representing an increase of 26.64% compared to 2022. The company's yearly revenue for 2022 was $613.77M, representing an increase of 13.54% compared to 2021. OFG's yearly revenue for 2021 was $540.58M, representing an increase of 13.50% compared to 2020.

What is OFG Bancorp’s quarterly revenue?

OFG Bancorp's quarterly revenue for Q3 2024 was $215.9M, a -2.23% decrease from the previous quarter (Q2 2024), and a 25.17% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $220.82M, a 3.66% increase from the previous quarter (Q1 2024), and a 30.11% increase year-over-year (Q2 2023). OFG's quarterly revenue for Q1 2024 was $213.02M, a -0.88% decrease from the previous quarter (Q4 2023), and a 29.26% increase year-over-year (Q1 2023).

What is OFG Bancorp’s revenue growth rate?

OFG Bancorp's revenue growth rate for the last 3 years (2021-2023) was 43.78%, and for the last 5 years (2019-2023) was 97.54%.