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OFG Bancorp (FRA:OFP) Deferred Tax : €51.6 Mil (TTM As of Mar. 2024)


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What is OFG Bancorp Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

OFG Bancorp's change in deferred tax for the three months ended in Mar. 2024 was €3.5 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was €51.6 Mil.

OFG Bancorp Deferred Tax Historical Data

The historical data trend for OFG Bancorp's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OFG Bancorp Deferred Tax Chart

OFG Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.66 22.89 56.30 57.70 61.76

OFG Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.38 17.71 15.34 15.04 3.50

OFG Bancorp Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €51.6 Mil.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

OFG Bancorp Deferred Tax Related Terms

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OFG Bancorp (FRA:OFP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OFG Bancorp (FRA:OFP) » Definitions » Deferred Tax
Comparable Companies
TFIN NBTB FBK RNST TBBK TRMK WSBC MCHB CLBK MBIN NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
OFG:USA
Address
254 Munoz Rivera Avenue, San Juan, PRI, 00918
Website
https://www.ofgbancorp.com
OFG Bancorp is a financial holding company, through its subsidiaries provides banking and financial services. It operates through three segments namely Banking, Wealth Management, and Treasury. It serves to clients such as commercial, consumer, auto, and mortgage lending, checking and savings accounts, financial planning, insurance, financial services, and investment brokerage, and corporate and individual trust and retirement services. It provides services in the region of Puerto Rico.

OFG Bancorp (FRA:OFP) Headlines

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