OFG Bancorp (OFG Bancorp) Equity-to-Asset

: 0.11 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. OFG Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,193.48 Mil. OFG Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $11,344.45 Mil. Therefore, OFG Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.

The historical rank and industry rank for OFG Bancorp's Equity-to-Asset or its related term are showing as below:

OFGpA.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.12 Max: 0.15
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of OFG Bancorp was 0.15. The lowest was 0.11. And the median was 0.12.

OFGpA.PFD's Equity-to-Asset is ranked better than
68.18% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs OFGpA.PFD: 0.11

OFG Bancorp Equity-to-Asset Historical Data

The historical data trend for OFG Bancorp's Equity-to-Asset 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.11

OFG Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.11	0.11	0.11	0.11	0.11

Competitive Comparison

For the Banks - Regional subindustry, OFG Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

OFG Bancorp Equity-to-Asset Distribution

For the Banks industry and Financial Services sector, OFG Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where OFG Bancorp's Equity-to-Asset falls into.

OFG Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

OFG Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1193.48	/	11344.453
	=	0.11

OFG Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1193.48	/	11344.453
	=	0.11

OFG Bancorp (NYSE:OFGpA.PFD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

OFG Bancorp Equity-to-Asset Related Terms

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OFG Bancorp (OFG Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OFG Bancorp (NYSE:OFGpA.PFD) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

OFG:USA OFP:Germany

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.