OFG BANCORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Ofg Bancorp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Ofg Bancorp Interest Expense for the quarter ending March 31, 2024 was $39.3M, a 200% increase year-over-year.
  • Ofg Bancorp Interest Expense for the twelve months ending March 31, 2024 was $114M, a 194% increase year-over-year.
  • Ofg Bancorp annual Interest Expense for 2023 was $88M, a 163% increase from 2022.
  • Ofg Bancorp annual Interest Expense for 2022 was $33.5M, a 19.9% decline from 2021.
  • Ofg Bancorp annual Interest Expense for 2021 was $41.8M, a 35.6% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $88M +$54.5M +163% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $33.5M -$8.34M -19.9% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $41.8M -$23.1M -35.6% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $64.9M +$13.9M +27.3% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $51M +$6.48M +14.5% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $44.5M +$3.05M +7.35% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $41.5M -$15.7M -27.4% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-03
2016 $57.2M -$12M -17.4% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-08
2015 $69.2M -$7.59M -9.88% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-13
2014 $76.8M -$7.18M -8.55% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-10
2013 $84M -$19.6M -18.9% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-15
2012 $104M -$52M -33.4% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-26
2011 $156M -$13.1M -7.76% Dec 31, 2010 Dec 31, 2011 10-K 2013-03-15
2010 $169M 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.