OFG Bancorp (FRA:OFP)

OFG Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	710.6	591.14	748.17	550.31	2,023	2,154
Investment Securities	85.7	91.6	570.2	531.58	31.98	25.74
Trading Asset Securities	0.02	0.02	0.01	0.01	0.02	0.02
Mortgage-Backed Securities	2,700	2,629	2,117	1,440	863.82	432.94
Total Investments	2,786	2,720	2,687	1,972	895.82	458.7
Gross Loans	7,853	7,792	7,534	6,835	6,403	6,662
Allowance for Loan Losses	-181.17	-175.86	-161.11	-152.67	-155.94	-204.81
Net Loans	7,671	7,616	7,373	6,683	6,247	6,457
Property, Plant & Equipment	122.24	123.71	125.83	132.18	120.97	115.17
Goodwill	84.24	84.24	84.24	84.24	86.07	86.07
Other Intangible Assets	13.55	14.78	20.69	27.59	36.09	45.9
Loans Held for Sale	16.8	17.73	28.35	40.59	82.66	43.94
Accrued Interest Receivable	70.03	71.67	71.4	62.4	56.56	65.55
Other Receivables	64.3	70.19	47.86	61.42	88.76	78.85
Restricted Cash	-	-	-	0.16	0.18	1.38
Other Current Assets	103.6	103.62	88.62	83.48	96.39	94.68
Long-Term Deferred Tax Assets	6.3	6.25	4.92	55.49	99.06	162.48
Other Real Estate Owned & Foreclosed	10.93	10.6	14.81	15.83	16.98	13.41
Other Long-Term Assets	69.24	70.44	49.52	50.92	50.06	48.38
Total Assets	11,729	11,501	11,344	9,819	9,900	9,826
Accrued Expenses	155	145.77	115.05	124.13	95.44	153.69
Interest Bearing Deposits	6,216	2,925	2,961	5,553	5,740	5,527
Institutional Deposits	1,103	1,049	747.2	384.4	360.8	628.4
Non-Interest Bearing Deposits	2,601	5,627	6,050	2,630	2,502	2,259
Total Deposits	9,920	9,602	9,759	8,568	8,602	8,414
Short-Term Borrowings	-	345.22	-	26.61	29.28	31.97
Current Portion of Leases	5.54	7.43	-	-	-	-
Accrued Interest Payable	3.02	3.23	3.07	0.74	0.8	1.57
Other Current Liabilities	35.27	31.53	25.58	28.61	35.33	33.35
Long-Term Debt	-	-	0	0.32	-	0.71
Federal Home Loan Bank Debt, Long-Term	255.64	55.95	200.77	0.1	0.01	35.3
Long-Term Leases	15.26	13.95	24.03	27.37	30.5	32.57
Trust Preferred Securities	-	-	-	-	36.08	36.08
Long-Term Deferred Tax Liabilities	44.22	40.72	22.44	-	-	-
Other Long-Term Liabilities	-	1.01	0.94	0.87	0.8	0.73
Total Liabilities	10,434	10,246	10,151	8,776	8,831	8,740
Preferred Stock, Redeemable	-	-	-	-	-	92
Total Preferred Equity	-	-	-	-	-	92
Common Stock	59.89	59.89	59.89	59.89	59.89	59.89
Additional Paid-In Capital	638.48	639.79	638.67	636.79	637.06	622.65
Retained Earnings	975.93	941.53	790.29	650.27	517.63	403.37
Treasury Stock	-320.93	-296.99	-228.35	-211.14	-150.57	-102.95
Comprehensive Income & Other	-58	-89.84	-67.01	-93.41	5.16	11.02
Total Common Equity	1,295	1,254	1,193	1,042	1,069	993.98
Shareholders' Equity	1,295	1,254	1,193	1,042	1,069	1,086
Total Liabilities & Equity	11,729	11,501	11,344	9,819	9,900	9,826
Total Debt	276.44	422.56	224.8	54.4	95.87	136.63
Net Cash (Debt)	434.18	168.59	523.39	495.91	1,928	2,018
Net Cash Growth	-18.03%	-67.79%	5.54%	-74.27%	-4.46%	299.50%
Net Cash Per Share	9.35	3.59	11.01	10.24	37.52	39.13
Filing Date Shares Outstanding	44.91	45.39	47.08	47.6	48.95	51.39
Total Common Shares Outstanding	44.92	45.44	47.07	47.58	49.64	51.39
Book Value Per Share	28.83	27.60	25.36	21.91	21.54	19.34
Tangible Book Value	1,198	1,155	1,089	930.57	947	862.01
Tangible Book Value Per Share	26.66	25.43	23.13	19.56	19.08	16.77

Source: S&P Global Market Intelligence. Banks template. Financial Sources.