OFG BANCORP Quarterly Amortization of Intangible Assets in USD from Q1 2011 to Q3 2024
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Taxonomy & unit
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us-gaap: USD
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Description
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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
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Summary
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Ofg Bancorp quarterly/annual Amortization of Intangible Assets history and growth rate from Q1 2011 to Q3 2024.
- Ofg Bancorp Amortization of Intangible Assets for the quarter ending September 30, 2024 was $1.5M, a 11.8% decline year-over-year.
- Ofg Bancorp Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $6.25M, a 12.9% decline year-over-year.
- Ofg Bancorp annual Amortization of Intangible Assets for 2023 was $6.9M, a 18.8% decline from 2022.
- Ofg Bancorp annual Amortization of Intangible Assets for 2022 was $8.5M, a 13.3% decline from 2021.
- Ofg Bancorp annual Amortization of Intangible Assets for 2021 was $9.8M, a 11.4% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)