OFG BANCORP Annual Amortization of Intangible Assets in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
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.
Summary
Ofg Bancorp quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • 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, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $6.9M -$1.6M -18.8% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $8.5M -$1.3M -13.3% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $9.8M -$1.27M -11.4% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $11.1M +$9.9M +846% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $1.17M -$149K -11.3% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $1.32M -$154K -10.5% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $1.47M -$204K -12.2% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-03
2016 $1.68M -$229K -12% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-08
2015 $1.91M -$263K -12.1% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-13
2014 $2.17M -$408K -15.8% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-10
2013 $2.58M +$2.35M +1020% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-15
2012 $230K +$87K +60.8% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-26
2011 $143K +$48K +50.5% Dec 31, 2010 Dec 31, 2011 10-K 2013-03-15
2010 $95K Dec 31, 2009 Dec 31, 2010 10-K 2013-03-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.