OFG Bancorp (OFG) financial statements
OFG Bancorp reported revenue of $731M in fiscal 2025, up 8.0% a year over 9 years.
Net income was $205M.
Free cash flow was $199M, and the company returned $52M in dividends.
The diluted share count fell 12% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from OFG Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $366M | $383M | $396M | $0 | $0 | $0 | $0 | $0 | $712M | $731M |
| Operating income | — | — | — | $0 | $0 | $0 | $0 | $0 | — | — |
| Interest expense | $57M | $41M | $45M | $51M | $65M | $42M | $33M | $88M | — | — |
| Pre-tax income | $85M | $68M | $133M | $75M | $95M | $215M | $244M | $265M | $254M | $234M |
| Income tax | $26M | $15M | $48M | $21M | $20M | $68M | $78M | $83M | $56M | $29M |
| Net income | $59M | $53M | $84M | $54M | $74M | $146M | $166M | $182M | $198M | $205M |
| EPS (diluted) | $1.03 | $0.88 | $1.52 | $0.92 | $1.32 | $2.81 | $3.44 | $3.83 | $4.23 | $4.58 |
| Diluted shares | 51M | 51M | 51M | 52M | 52M | 51M | 48M | 48M | 47M | 45M |
| Net margin | 16.2% | 13.8% | 21.3% | — | — | — | — | — | 27.8% | 28.0% |
Balance sheet
Fiscal years, from OFG Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $510M | $485M | $447M | $851M | $2.2B | $2.0B | $550M | $748M | $591M | $1.0B |
| Property, plant and equipment | $70M | $68M | $69M | $81M | $84M | $92M | $107M | $104M | $105M | $94M |
| Goodwill | $86M | $86M | $86M | $86M | $86M | $86M | $84M | $84M | $84M | $84M |
| Total assets | $6.5B | $6.2B | $6.6B | $9.3B | $9.8B | $9.9B | $9.8B | $11.3B | $11.5B | $12.5B |
| Total liabilities | $5.6B | $5.2B | $5.6B | $8.3B | $8.7B | $8.8B | $8.8B | $10.2B | $10.2B | $11.1B |
| Shareholders' equity | $920M | $945M | $1000M | $1.0B | $1.1B | $1.1B | $1.0B | $1.2B | $1.3B | $1.4B |
| Net debt | -$510M | -$485M | -$447M | -$851M | -$2.2B | -$2.0B | -$550M | -$748M | -$591M | -$1.0B |
Cash flow
Fiscal years, from OFG Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $79M | $151M | $133M | $110M | $35M | $100M | $164M | $296M | $252M | $218M |
| Capital spending | $5M | $6M | $11M | $13M | $15M | $23M | $31M | $18M | $21M | $18M |
| Free cash flow | $73M | $145M | $122M | $97M | $20M | $77M | $133M | $278M | $231M | $199M |
| Stock-based compensation | $1M | $1M | $1M | $2M | $2M | $6M | $4M | $5M | $7M | $6M |
| Dividends paid | $10M | $11M | $13M | $14M | $14M | $20M | $30M | $41M | $46M | $52M |
| Share buybacks (net) | $0 | $0 | — | — | — | — | — | — | — | — |
| Net borrowing | -$2M | — | — | — | — | — | — | — | — | — |
| Free cash flow margin | 20.0% | 37.9% | 30.8% | — | — | — | — | — | 32.5% | 27.3% |
| Dividends per share | $0.20 | $0.21 | $0.25 | $0.28 | $0.28 | $0.38 | $0.62 | $0.86 | $0.97 | $1.16 |
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Open OFG in InvestinglyQuestions
What was OFG Bancorp's revenue in 2025?
$731M in fiscal 2025, from its 10-K filing.
How much free cash flow does OFG Bancorp generate?
$199M in fiscal 2025 (operating cash flow minus capital spending).
From OFG Bancorp's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.