OFG Bancorp (OFG) Revenue & Revenue Breakdown
OFG Bancorp Revenue Highlights
Latest Revenue (Y)
$777.26M
Latest Revenue (Q)
$220.13M
OFG Bancorp Revenue by Period
OFG Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $777.26M | 26.64% |
| 2022-12-31 | $613.77M | 13.54% |
| 2021-12-31 | $540.58M | 13.50% |
| 2020-12-31 | $476.29M | 21.05% |
| 2019-12-31 | $393.47M | 2.89% |
| 2018-12-31 | $382.44M | 3.30% |
| 2017-12-31 | $370.23M | 7.10% |
| 2016-12-31 | $345.70M | -0.75% |
| 2015-12-31 | $348.31M | -18.20% |
| 2014-12-31 | $425.80M | -0.08% |
| 2013-12-31 | $426.12M | 113.07% |
| 2012-12-31 | $199.99M | 4.58% |
| 2011-12-31 | $191.24M | 21.42% |
| 2010-12-31 | $157.50M | -23.76% |
| 2009-12-31 | $206.57M | 108.51% |
| 2008-12-31 | $99.07M | -14.77% |
| 2007-12-31 | $116.23M | 89.41% |
| 2006-12-31 | $61.36M | -49.41% |
| 2005-06-30 | $121.30M | - |
| 2004-06-30 | $121.30M | -8.97% |
| 2003-06-30 | $133.25M | 17.45% |
| 2002-06-30 | $113.45M | 25.71% |
| 2001-06-30 | $90.25M | 86.33% |
| 2000-06-30 | $48.44M | -28.43% |
| 1999-06-30 | $67.68M | -13.35% |
| 1998-06-30 | $78.10M | 18.33% |
| 1997-06-30 | $66.00M | 20.22% |
| 1996-06-30 | $54.90M | 15.34% |
| 1995-06-30 | $47.60M | 21.74% |
| 1994-06-30 | $39.10M | 60.25% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $220.13M | 3.34% |
| 2024-03-31 | $213.02M | -0.88% |
| 2023-12-31 | $214.91M | 24.59% |
| 2023-09-30 | $172.49M | 1.63% |
| 2023-06-30 | $169.72M | 2.98% |
| 2023-03-31 | $164.80M | -2.22% |
| 2022-12-31 | $168.54M | 7.26% |
| 2022-09-30 | $157.13M | 12.77% |
| 2022-06-30 | $139.34M | 1.86% |
| 2022-03-31 | $136.80M | -3.86% |
| 2021-12-31 | $142.30M | 5.23% |
| 2021-09-30 | $135.22M | 9.77% |
| 2021-06-30 | $123.19M | 3.92% |
| 2021-03-31 | $118.54M | -2.70% |
| 2020-12-31 | $121.83M | 5.94% |
| 2020-09-30 | $114.99M | -8.61% |
| 2020-06-30 | $125.83M | -5.83% |
| 2020-03-31 | $133.62M | 39.27% |
| 2019-12-31 | $95.95M | -4.05% |
| 2019-09-30 | $100.00M | -1.43% |
| 2019-06-30 | $101.45M | 5.59% |
| 2019-03-31 | $96.08M | -6.37% |
| 2018-12-31 | $102.62M | 5.85% |
| 2018-09-30 | $96.95M | 3.14% |
| 2018-06-30 | $94.00M | 5.78% |
| 2018-03-31 | $88.86M | 0.11% |
| 2017-12-31 | $88.77M | -6.84% |
| 2017-09-30 | $95.28M | -1.21% |
| 2017-06-30 | $96.44M | 7.47% |
| 2017-03-31 | $89.74M | 1.00% |
| 2016-12-31 | $88.85M | -1.77% |
| 2016-09-30 | $90.45M | 10.17% |
| 2016-06-30 | $82.10M | -2.60% |
| 2016-03-31 | $84.29M | 2.10% |
| 2015-12-31 | $82.56M | -30.23% |
| 2015-09-30 | $118.33M | 71.02% |
| 2015-06-30 | $69.19M | -22.08% |
| 2015-03-31 | $88.80M | -10.54% |
| 2014-12-31 | $99.26M | 1.43% |
| 2014-09-30 | $97.86M | -2.26% |
| 2014-06-30 | $100.12M | -1.72% |
| 2014-03-31 | $101.87M | -5.30% |
| 2013-12-31 | $107.58M | 15.64% |
| 2013-09-30 | $93.03M | -11.81% |
| 2013-06-30 | $105.49M | 8.34% |
| 2013-03-31 | $97.37M | 382.68% |
| 2012-12-31 | $20.17M | -74.19% |
| 2012-09-30 | $78.17M | 40.06% |
| 2012-06-30 | $55.81M | 7.67% |
| 2012-03-31 | $51.83M | 59.25% |
| 2011-12-31 | $32.55M | -40.20% |
| 2011-09-30 | $54.43M | -8.63% |
| 2011-06-30 | $59.57M | 33.29% |
| 2011-03-31 | $44.69M | 39.04% |
| 2010-12-31 | $32.14M | -24.53% |
| 2010-09-30 | $42.59M | -19.26% |
| 2010-06-30 | $52.75M | 38.28% |
| 2010-03-31 | $38.15M | -1744.98% |
| 2009-12-31 | $-2.32M | -104.03% |
| 2009-09-30 | $57.47M | -29.51% |
| 2009-06-30 | $81.54M | 70.19% |
| 2009-03-31 | $47.91M | -19.05% |
| 2008-12-31 | $59.19M | -30.16% |
| 2008-09-30 | $84.74M | 141.54% |
| 2008-06-30 | $35.09M | 3.88% |
| 2008-03-31 | $33.77M | -4.71% |
| 2007-12-31 | $35.44M | - |
OFG Bancorp generated $220.13M in revenue during Q2 2024, up 3.34% compared to the previous quarter, and up 133.58% compared to the same period a year ago.
OFG Bancorp Revenue Breakdown
OFG Bancorp Revenue Breakdown by Product
Quarterly Revenue by Product
| Product/Service | Sep 18 | Jun 18 | Mar 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
| Country | Sep 18 | Jun 18 | Mar 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BPOP | Popular | $3.91B | $1.09B |
| OFG | OFG Bancorp | $777.26M | $220.13M |
| FCF | First Commonwealth Financial | $626.39M | $175.81M |
| FBNC | First Bancorp | $546.25M | $143.42M |
| FBMS | First Bancshares | $387.64M | $91.03M |
| NFBK | Northfield Bancorp, Inc. (Staten Island, NY) | $220.69M | $63.08M |
| HBCP | Home Bancorp | $178.87M | $49.13M |
| ORRF | Orrstown Financial Services | $176.01M | $50.45M |
| PKBK | Parke Bancorp | $118.56M | $31.15M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| FBIZ | First Business Financial Services | $89.23M | $50.94M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| OPOF | Old Point Financial | $80.28M | $21.59M |
| RBKB | Rhinebeck Bancorp | $66.39M | $17.29M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
| FCCO | First Community | $10.42M | $25.48M |
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 Q2 2024 was $220.13M, a 3.34% increase from the previous quarter (Q1 2024), and a 29.71% increase year-over-year (Q2 2023). The company'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). OFG's quarterly revenue for Q4 2023 was $214.91M, a 24.59% increase from the previous quarter (Q3 2023), and a 27.51% increase year-over-year (Q4 2022).
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%.