Name | Value |
---|---|
Revenues | 220.8M |
Cost of Revenue | 0.7M |
Gross Profit | 220.1M |
Operating Expense | 37.6M |
Operating I/L | 180.0M |
Other Income/Expense | 0.0M |
Interest Income | 187.7M |
Pretax | 71.3M |
Income Tax Expense | 20.1M |
Net Income/Loss | 51.1M |
OFG Bancorp is a financial holding company that offers a wide range of banking and financial services. Its revenue streams come from various sources, including checking and savings accounts, commercial and consumer lending, financial planning and insurance services, securities brokerage and investment advisory services, insurance agency and reinsurance businesses, retirement plan administration, treasury-related functions, asset/liability management activities, money management, investment banking services, and public and private placements of debt and equity securities. The company operates through three segments: Banking, Wealth Management, and Treasury, and has a network of 50 branches in Puerto Rico and 2 branches in USVI.