OFG Bancorp
ofgbancorp.comWhat Do They Do?
Provides commercial, consumer, auto and mortgage loans, deposit accounts and related banking services to individuals and businesses, mainly in Puerto Rico and the U.S. Virgin Islands.
10-K for FY2025, filed Feb 25, 2026OFG provides comprehensive banking and financial services and solutions to its clients through the Bank and various other subsidiaries…View ↗
The Bank, OFG’s main subsidiary, is a full-service Puerto Rico commercial bank with its main office located in San Juan, Puerto Rico. The…View ↗
Banking activities include the Bank’s branches and mortgage banking activities with traditional retail banking products such as deposits…View ↗
How Do They Make Money?
Borrowers pay interest on commercial loans; brokerage clients can be charged transaction-based or asset-based fees, and OFG earns commissions on insurance policies issued by unaffiliated insurers.
10-K for FY2025, filed Feb 25, 2026Commercial loans: Commercial loans include lines of credit and term facilities to finance business operations and to provide working…View ↗
Oriental Financial Services, a Puerto Rico limited liability company, is OFG’s subsidiary engaged in securities brokerage and investment…View ↗
Oriental Insurance, a Puerto Rico limited liability company, is OFG’s subsidiary engaged in insurance agency services in Puerto Rico.…View ↗
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10-K for FY2025, filed Feb 25, 2026
FY2025 revenue by reportable segment ↗
$780.9M
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10-K for FY2025, filed Feb 25, 2026
$780.9M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Banking
|
82%
FY2022: 90%
|
Banking, FY2025
$636.8M Sources
|
|
Wealth Management
|
0.0%
FY2022: 0.0%
|
Wealth Management, FY2025
$21K Sources
|
|
Treasury
|
19%
FY2022: 11%
|
Treasury, FY2025
$149.6M Sources
|
Who Are Their Customers?
Individuals and businesses use the bank for deposits and loans, while retail and institutional clients use its brokerage and investment-advisory services. The bank serves customers through branches and a digital platform; auto loans are generated mainly through approved dealers.
10-K for FY2025, filed Feb 25, 2026OFG’s principal funding source is customer deposits. Through its branch network and digital sales platform, the Bank offers personal…View ↗
The Bank, OFG’s main subsidiary, is a full-service Puerto Rico commercial bank with its main office located in San Juan, Puerto Rico. The…View ↗
Auto loans: OFG provides financing for the purchase of new or used motor vehicles. These loans are generated mainly through dealers…View ↗
Oriental Financial Services, a Puerto Rico limited liability company, is OFG’s subsidiary engaged in securities brokerage and investment…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 26 cents of every revenue dollar as net income in FY2025 and turned 26 cents into free cash flow.
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 6, 2026
Open tableView ↗
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