OFG Bancorp

OFG · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$822,775$728,151$598,506$539,084
% Growth13%21.7%11%
Cost of Goods Sold$244,088$148,648$57,612$42,050
Gross Profit$578,687$579,503$540,894$497,034
% Margin70.3%79.6%90.4%92.2%
R&D Expenses$0$0$0$0
G&A Expenses$170,962$167,672$152,828$144,669
SG&A Expenses$180,676$176,415$161,068$151,668
Sales & Mktg Exp.$9,714$8,743$8,240$6,999
Other Operating Expenses$144,263$139,191$135,721$130,763
Operating Expenses$324,939$314,255$296,789$282,431
Operating Income$253,748$265,248$244,105$214,603
% Margin30.8%36.4%40.8%39.8%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$253,748$265,248$244,105$214,603
Tax Expense$55,578$83,376$77,866$68,452
Net Income$198,170$181,872$166,239$146,151
% Margin24.1%25%27.8%27.1%
EPS4.253.853.462.85
% Growth10.4%11.3%21.4%
EPS Diluted4.233.823.442.81
Weighted Avg Shares Out46,63747,25848,03350,956
Weighted Avg Shares Out Dil46,90247,55248,43651,370
Supplemental Information
Interest Income$750,277$648,880$515,573$449,199
Interest Expense$161,837$88,010$33,493$41,829
Depreciation & Amortization$26,787$27,286$24,312$23,931
EBITDA$280,535$291,817$268,532$238,534
% Margin34.1%40.1%44.9%44.2%