OFG Bancorp (OFG) Income Statement
OFG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOFG revenue and net income
Where OFG's revenue goes
2025Each bar shows an amount and its share of revenue. OFG kept 23.8% of revenue as net income.
OFG profit margins
OFG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.8% | +13.0% | +9.8% | +8.4% |
| Gross profit | +6.2% | +4.3% | +9.9% | +14.7% |
| Operating income | +4.8% | +2.9% | +22.9% | — |
| Net income | +3.5% | +7.3% | +22.5% | — |
| EPS (diluted) | +8.5% | +9.8% | +27.3% | +26.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OFG quarterly EPS vs estimates
OFG Bancorp beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 21, 2026 (estimate $1.25).
OFG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $862.6M | $822.8M | $728.2M | $598.5M | $539.1M | $541.2M | $429.9M | $400.9M | $387.8M | $385.9M |
| Cost of revenue | $248.1M | $244.1M | $148.6M | $57.6M | $42.0M | $157.6M | $147.8M | $100.6M | $154.6M | $122.2M |
| Gross profit | $614.5M | $578.7M | $579.5M | $540.9M | $497.0M | $383.6M | $282.1M | $300.3M | $233.2M | $263.7M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $182.5M | $180.7M | $176.4M | $161.1M | $151.7M | $151.4M | $92.3M | $88.9M | $91.7M | $92.4M |
| Total operating expenses | $348.5M | $324.9M | $314.3M | $296.8M | $282.4M | $288.8M | $206.8M | $167.5M | $165.1M | $178.5M |
| Operating income | $266.0M | $253.7M | $265.2M | $244.1M | $214.6M | $94.8M | $75.2M | $132.8M | $68.1M | $85.2M |
| Interest income | $780.9M | $750.3M | $618.4M | $515.6M | $449.2M | $473.3M | $373.8M | $360.4M | $345.6M | $356.6M |
| Interest expense | $172.5M | $161.8M | $88.0M | $33.5M | $41.8M | $64.9M | $51.0M | $44.5M | $41.5M | $57.2M |
| Income before taxes | $234.1M | $253.7M | $265.2M | $244.1M | $214.6M | $94.8M | $75.2M | $132.8M | $68.1M | $85.2M |
| Income taxes | $29.0M | $55.6M | $83.4M | $77.9M | $68.5M | $20.5M | $21.4M | $48.4M | $15.4M | $26.0M |
| Net income | $205.1M | $198.2M | $181.9M | $166.2M | $146.2M | $74.3M | $53.8M | $84.4M | $52.6M | $59.2M |
| EBITDA | $291.4M | $280.5M | $291.8M | $268.5M | $238.5M | $118.6M | $84.9M | $143.0M | $78.5M | $96.3M |
| EPS (diluted) | $4.58 | $4.22 | $3.82 | $3.46 | $2.84 | $1.37 | $1.62 | $1.51 | $1.33 | $1.02 |
| Gross margin | 71.2% | 70.3% | 79.6% | 90.4% | 92.2% | 70.9% | 65.6% | 74.9% | 60.1% | 68.3% |
| Operating margin | 30.8% | 30.8% | 36.4% | 40.8% | 39.8% | 17.5% | 17.5% | 33.1% | 17.6% | 22.1% |
| Net margin | 23.8% | 24.1% | 25.0% | 27.8% | 27.1% | 13.7% | 12.5% | 21.1% | 13.6% | 15.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $230.6M | $226.4M | $228.8M | $216.7M | $210.3M | $206.8M | $210.1M | $204.9M | $206.6M | $201.3M | $202.9M | $184.0M |
| Cost of revenue | $52.9M | $62.8M | $44.5M | $73.7M | $64.1M | $65.8M | $71.2M | $62.5M | $55.9M | $54.4M | $52.4M | $40.4M |
| Gross profit | $177.8M | $163.6M | $184.3M | $143.0M | $146.2M | $141.0M | $138.8M | $142.3M | $150.6M | $146.9M | $150.5M | $143.7M |
| Sales, general & admin | $55.4M | $54.8M | $104.8M | $45.7M | $45.1M | $45.3M | $48.0M | $43.8M | $44.0M | $45.1M | $46.6M | $42.7M |
| Total operating expenses | $103.3M | $94.8M | $105.0M | $81.6M | $80.4M | $81.5M | $86.1M | $80.6M | $79.4M | $78.9M | $82.1M | $77.8M |
| Operating income | $74.5M | $68.8M | $79.3M | $61.4M | $65.9M | $59.4M | $52.8M | $61.8M | $71.3M | $67.9M | $68.4M | $65.9M |
| Interest income | $197.2M | $194.1M | $197.2M | $200.1M | $194.3M | $189.2M | $190.2M | $189.0M | $187.7M | $183.4M | $176.2M | $165.7M |
| Interest expense | $39.9M | $40.3M | $44.5M | $45.4M | $42.4M | $40.2M | $41.0M | $41.2M | $40.3M | $39.3M | $32.7M | $23.9M |
| Income before taxes | $74.5M | $68.8M | $47.4M | $61.4M | $65.9M | $59.4M | $52.8M | $61.8M | $71.3M | $67.9M | $68.4M | $65.9M |
| Income taxes | $15.7M | $14.9M | −$8.5M | $9.5M | $14.1M | $13.9M | $2.4M | $14.8M | $20.1M | $18.2M | $21.8M | $21.0M |
| Net income | $58.8M | $53.9M | $55.9M | $51.8M | $51.8M | $45.6M | $50.3M | $47.0M | $51.1M | $49.7M | $46.6M | $44.9M |
| EBITDA | $80.3M | $74.6M | $85.6M | $67.9M | $72.2M | $65.8M | $59.1M | $68.7M | $78.1M | $74.6M | $75.3M | $72.7M |
| EPS (diluted) | $1.39 | $1.26 | $1.27 | $1.16 | $1.15 | $1.00 | $1.09 | $1.00 | $1.08 | $1.05 | $0.98 | $0.95 |
| Gross margin | 77.1% | 72.3% | 80.6% | 66.0% | 69.5% | 68.2% | 66.1% | 69.5% | 72.9% | 73.0% | 74.2% | 78.1% |
| Operating margin | 32.3% | 30.4% | 34.7% | 28.3% | 31.3% | 28.7% | 25.1% | 30.2% | 34.5% | 33.7% | 33.7% | 35.8% |
| Net margin | 25.5% | 23.8% | 24.4% | 23.9% | 24.6% | 22.0% | 24.0% | 22.9% | 24.8% | 24.7% | 23.0% | 24.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OFG's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OFG financial results
In fiscal year 2025 (ended December 31, 2025), OFG Bancorp reported revenue of $862.6 million, up 4.8% from the year before. It had net income of $205.1 million (up 3.5%), a net profit margin of 23.8%. Diluted earnings per share came to $4.58. Over five years revenue grew at an average rate of 9.8% a year.
See the OFG stock overview for the latest quote and news, or the OFG chart for price history and technical indicators.
OFG income statement FAQ
What is OFG Bancorp's annual revenue?
OFG Bancorp reported total revenue of $862.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 4.8% from $822.8 million the previous year.
Is OFG Bancorp profitable?
Yes. OFG Bancorp reported net income of $205.1 million in fiscal 2025, a net profit margin of 23.8%; its operating margin was 30.8%.
What is OFG Bancorp's gross margin?
OFG Bancorp's gross margin was 71.2% in fiscal 2025: for every $100 of revenue, OFG Bancorp kept $71 after the direct cost of its products and services.
How fast is OFG Bancorp growing?
Revenue grew 9.8% a year on average over the last five fiscal years, from $541.2 million to $862.6 million.
What are OFG Bancorp's earnings per share?
OFG Bancorp earned $4.58 per diluted share in fiscal 2025, compared with $4.22 a year earlier.
When will OFG Bancorp report its next earnings?
OFG Bancorp is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 before the market opens.
When does OFG Bancorp's fiscal year end?
OFG Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.