Ofg Bancorp annual operating income
2019
2020
2021
2022
2023
Ofg Bancorp Operating Income Growth & History (OFG)
Ofg Bancorp's operating income was $689.3M for fiscal 2023.
View full Ofg Bancorp company overviewOfg Bancorp annual operating income history
| Fiscal year | Period ended | Operating income | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | $689.3M | $75.5M | +12.30% |
| 2022 | 2022-12-31 | $613.8M | $73.2M | +13.54% |
| 2021 | 2021-12-31 | $540.6M | $7.8M | +1.46% |
| 2020 | 2020-12-31 | $532.8M | $127.5M | +31.46% |
| 2019 | 2019-12-31 | $405.3M | — | — |
Ofg Bancorp quarterly operating income
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
| Fiscal quarter | Period ended | Operating income | Change | YoY change |
|---|---|---|---|---|
| Q3 2024 | 2024-09-30 | $174.7M | $2.3M | +1.31% |
| Q2 2024 | 2024-06-30 | $179.8M | $10.1M | +5.94% |
| Q1 2024 | 2024-03-31 | $174.4M | $9.7M | +5.86% |
| Q4 2023 | 2023-12-31 | $182.3M | $13.7M | +8.14% |
| Q3 2023 | 2023-09-30 | $172.5M | $15.4M | +9.77% |
| Q2 2023 | 2023-06-30 | $169.7M | $18.4M | +12.17% |
| Q1 2023 | 2023-03-31 | $164.8M | $28.0M | +20.47% |
| Q4 2022 | 2022-12-31 | $168.5M | $26.2M | +18.44% |
| Q3 2022 | 2022-09-30 | $157.1M | $21.9M | +16.20% |
| Q2 2022 | 2022-06-30 | $151.3M | $16.9M | +12.54% |
| Q1 2022 | 2022-03-31 | $136.8M | $8.2M | +6.37% |
| Q4 2021 | 2021-12-31 | $142.3M | — | — |
| Q3 2021 | 2021-09-30 | $135.2M | — | — |
| Q2 2021 | 2021-06-30 | $134.4M | — | — |
| Q1 2021 | 2021-03-31 | $128.6M | — | — |
Ofg Bancorp operating income trends
Between the periods ended 2019-12-31 and 2023-12-31, Ofg Bancorp's operating income increased from $405.3M to $689.3M, a change of $284.0M. The latest reported quarter, Q3 2024, shows $174.7M.
About the metric
What operating income means
Operating income is the profit or loss a company generates from its core business after cost of revenue and operating expenses, but before non-operating items such as interest and income taxes.
Calculation and source
SEC-reported operating income
TickerStat standardizes operating income reported in company SEC filings for aligned fiscal periods. It is not adjusted EBIT, an analyst estimate, or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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