OFG Bancorp (OFG) - Net Assets
Based on the latest financial reports, OFG Bancorp (OFG) has net assets worth $1.39 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.47 Billion) and total liabilities ($11.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of OFG Bancorp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.39 Billion |
| % of Total Assets | 11.15% |
| Annual Growth Rate | 12.25% |
| 5-Year Change | 30.01% |
| 10-Year Change | 51.02% |
| Growth Volatility | 136.07 |
OFG Bancorp - Net Assets Trend (1988–2025)
This chart illustrates how OFG Bancorp's net assets have evolved over time, based on quarterly financial data. Also explore OFG Bancorp total assets for the complete picture of this company's asset base.
Annual Net Assets for OFG Bancorp (1988–2025)
The table below shows the annual net assets of OFG Bancorp from 1988 to 2025. For live valuation and market cap data, see OFG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.39 Billion | +10.81% |
| 2024-12-31 | $1.25 Billion | +5.10% |
| 2023-12-31 | $1.19 Billion | +14.49% |
| 2022-12-31 | $1.04 Billion | -2.50% |
| 2021-12-31 | $1.07 Billion | -1.55% |
| 2020-12-31 | $1.09 Billion | -88.12% |
| 2019-12-31 | $9.14 Billion | +814.34% |
| 2018-12-31 | $999.88 Million | +5.80% |
| 2017-12-31 | $945.11 Million | +2.68% |
| 2016-12-31 | $920.41 Million | +2.60% |
| 2015-12-31 | $897.08 Million | -4.79% |
| 2014-12-31 | $942.20 Million | +6.47% |
| 2013-12-31 | $884.91 Million | +2.47% |
| 2012-12-31 | $863.61 Million | +24.16% |
| 2011-12-31 | $695.55 Million | -5.02% |
| 2010-12-31 | $732.33 Million | +121.81% |
| 2009-12-31 | $330.17 Million | +26.35% |
| 2008-12-31 | $261.32 Million | -27.30% |
| 2007-12-31 | $359.46 Million | +6.85% |
| 2006-12-31 | $336.43 Million | -1.57% |
| 2005-12-31 | $341.79 Million | +52.91% |
| 2004-12-31 | $223.52 Million | +15.47% |
| 2003-12-31 | $193.58 Million | +16.31% |
| 2002-12-31 | $166.43 Million | +51.15% |
| 2001-12-31 | $110.11 Million | -6.59% |
| 2000-12-31 | $117.87 Million | -4.94% |
| 1999-12-31 | $124.00 Million | +22.41% |
| 1998-12-31 | $101.30 Million | +13.31% |
| 1997-12-31 | $89.40 Million | 0.00% |
| 1996-12-31 | $89.40 Million | +11.89% |
| 1995-12-31 | $79.90 Million | +14.63% |
| 1994-12-31 | $69.70 Million | +124.12% |
| 1992-12-31 | $31.10 Million | +27.46% |
| 1991-12-31 | $24.40 Million | +9.42% |
| 1990-12-31 | $22.30 Million | +4.69% |
| 1989-12-31 | $21.30 Million | +10.36% |
| 1988-12-31 | $19.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to OFG Bancorp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 15770.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $904.63 Million | 65.08% |
| Common Stock | $59.88 Million | 4.31% |
| Other Comprehensive Income | $-16.91 Million | -1.22% |
| Other Components | $442.40 Million | 31.83% |
| Total Equity | $1.39 Billion | 100.00% |
OFG Bancorp Competitors by Market Cap
The table below lists competitors of OFG Bancorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FAIRFAX INDIA HLDGS
F:F5X
|
$1.84 Billion |
|
Banpu Public Company Limited
BK:BANPU
|
$1.84 Billion |
|
Guangdong Xianglu Tungsten Co Ltd
SHE:002842
|
$1.84 Billion |
|
Beijing Sojo Electric Co Ltd
SHE:300444
|
$1.84 Billion |
|
KSB Ltd
NSE:KSB
|
$1.84 Billion |
|
Shenzhen Jufei Optoelectronics
SHE:300303
|
$1.84 Billion |
|
SIGMAROC PLC LS -01
F:M2I2
|
$1.84 Billion |
|
Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd
SHG:600116
|
$1.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OFG Bancorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,254,371,000 to 1,390,005,000, a change of 135,634,000 (10.8%).
- Net income of 205,104,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 96,604,000.
- Other factors increased equity by 27,134,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $205.10 Million | +14.76% |
| Other Comprehensive Income | $-96.60 Million | -6.95% |
| Other Changes | $27.13 Million | +1.95% |
| Total Change | $- | 10.81% |
Book Value vs Market Value Analysis
This analysis compares OFG Bancorp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.56x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 29.83x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | $1.53 | $45.74 | x |
| 1989-12-31 | $1.52 | $45.74 | x |
| 1990-12-31 | $1.59 | $45.74 | x |
| 1991-12-31 | $1.66 | $45.74 | x |
| 1992-12-31 | $1.93 | $45.74 | x |
| 1994-12-31 | $3.14 | $45.74 | x |
| 1995-12-31 | $3.62 | $45.74 | x |
| 1996-12-31 | $3.93 | $45.74 | x |
| 1997-12-31 | $4.08 | $45.74 | x |
| 1998-12-31 | $4.63 | $45.74 | x |
| 1999-12-31 | $5.31 | $45.74 | x |
| 2000-12-31 | $5.38 | $45.74 | x |
| 2001-12-31 | $5.24 | $45.74 | x |
| 2002-12-31 | $7.64 | $45.74 | x |
| 2003-12-31 | $7.05 | $45.74 | x |
| 2004-12-31 | $8.49 | $45.74 | x |
| 2005-12-31 | $13.61 | $45.74 | x |
| 2006-12-31 | $13.64 | $45.74 | x |
| 2007-12-31 | $14.75 | $45.74 | x |
| 2008-12-31 | $10.70 | $45.74 | x |
| 2009-12-31 | $13.58 | $45.74 | x |
| 2010-12-31 | $19.89 | $45.74 | x |
| 2011-12-31 | $15.62 | $45.74 | x |
| 2012-12-31 | $19.06 | $45.74 | x |
| 2013-12-31 | $16.69 | $45.74 | x |
| 2014-12-31 | $18.01 | $45.74 | x |
| 2015-12-31 | $17.43 | $45.74 | x |
| 2016-12-31 | $18.02 | $45.74 | x |
| 2017-12-31 | $18.50 | $45.74 | x |
| 2018-12-31 | $19.47 | $45.74 | x |
| 2019-12-31 | $20.22 | $45.74 | x |
| 2020-12-31 | $21.06 | $45.74 | x |
| 2021-12-31 | $20.81 | $45.74 | x |
| 2022-12-31 | $21.52 | $45.74 | x |
| 2023-12-31 | $25.10 | $45.74 | x |
| 2024-12-31 | $26.74 | $45.74 | x |
| 2025-12-31 | $29.35 | $45.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OFG Bancorp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.76%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.78%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 8.97x
- Recent ROE (14.76%) is above the historical average (11.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | -2.59% | -2.22% | 0.09x | 13.04x | $-2.43 Million |
| 1990 | 4.48% | 3.36% | 0.09x | 14.10x | $-1.23 Million |
| 1991 | 8.61% | 6.14% | 0.09x | 15.96x | $-340.00K |
| 1992 | 22.51% | 16.06% | 0.08x | 16.80x | $3.89 Million |
| 1994 | 17.36% | 17.41% | 0.09x | 10.68x | $5.13 Million |
| 1995 | 18.40% | 17.23% | 0.10x | 10.98x | $6.71 Million |
| 1996 | 18.57% | 30.24% | 0.05x | 11.95x | $7.66 Million |
| 1997 | 18.57% | 16.67% | 0.09x | 11.95x | $7.66 Million |
| 1998 | 21.13% | 17.31% | 0.10x | 11.87x | $11.27 Million |
| 1999 | 22.87% | 18.76% | 0.09x | 13.65x | $14.97 Million |
| 2000 | 16.60% | 13.10% | 0.08x | 15.70x | $7.78 Million |
| 2001 | 7.69% | 6.06% | 0.08x | 15.88x | $-2.54 Million |
| 2002 | 23.10% | 22.23% | 0.07x | 14.96x | $21.81 Million |
| 2003 | 26.51% | 26.91% | 0.07x | 14.49x | $31.96 Million |
| 2004 | 26.72% | 28.38% | 0.06x | 14.96x | $37.37 Million |
| 2005 | 9.90% | 13.93% | 0.05x | 13.27x | $-341.10K |
| 2006 | -1.52% | -2.05% | 0.06x | 13.00x | $-38.75 Million |
| 2007 | 11.48% | 12.43% | 0.06x | 16.69x | $5.32 Million |
| 2008 | 10.25% | 6.95% | 0.06x | 23.75x | $658.30K |
| 2009 | 6.95% | 5.81% | 0.06x | 19.84x | $-10.07 Million |
| 2010 | 1.34% | 3.27% | 0.04x | 9.99x | $-63.40 Million |
| 2011 | 4.95% | 10.60% | 0.05x | 9.62x | $-35.11 Million |
| 2012 | 2.84% | 8.09% | 0.03x | 10.65x | $-61.81 Million |
| 2013 | 11.12% | 20.28% | 0.06x | 9.20x | $9.95 Million |
| 2014 | 9.04% | 17.90% | 0.06x | 7.91x | $-9.04 Million |
| 2015 | -0.28% | -0.65% | 0.05x | 7.91x | $-92.21 Million |
| 2016 | 6.43% | 15.34% | 0.06x | 7.06x | $-32.86 Million |
| 2017 | 5.57% | 13.58% | 0.06x | 6.55x | $-41.86 Million |
| 2018 | 8.44% | 21.05% | 0.06x | 6.58x | $-15.58 Million |
| 2019 | 5.15% | 12.52% | 0.05x | 8.89x | $-50.74 Million |
| 2020 | 6.84% | 13.73% | 0.06x | 9.05x | $-34.27 Million |
| 2021 | 13.67% | 27.11% | 0.05x | 9.26x | $39.23 Million |
| 2022 | 15.95% | 27.78% | 0.06x | 9.42x | $62.00 Million |
| 2023 | 15.24% | 24.98% | 0.06x | 9.51x | $62.52 Million |
| 2024 | 15.80% | 24.09% | 0.07x | 9.17x | $72.73 Million |
| 2025 | 14.76% | 23.78% | 0.07x | 8.97x | $66.10 Million |
Industry Comparison
This section compares OFG Bancorp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OFG Bancorp (OFG) | $1.39 Billion | -2.59% | 7.97x | $1.84 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About OFG Bancorp
OFG Bancorp, a financial holding company, provides a range of banking and financial services in the United States. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers savings accounts, certificates of deposit, individual retirement accounts personal, and commercial non-interest and interest-bearing checking accounts; time deposit products; and corporat… Read more