OFG Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
OFG Bancorp has total assets of $11.5B and total equity of $1.3B. Total deposits are $9.6B, and total loans are $7.6B. It earns a Net Interest Margin of 6.1%. It has sufficient allowance for bad loans, which are currently at 1% of total loans. Cash and short-term investments are $680.6M.
Key information
8.7x
Asset to equity ratio
6.1%
Net interest margin
| Total deposits | US$9.61b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.0% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$680.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: OFP's Assets to Equity ratio (8.7x) is low.
Allowance for Bad Loans: OFP has a sufficient allowance for bad loans (203%).
Low Risk Liabilities: 95% of OFP's liabilities are made up of primarily low risk sources of funding.
Loan Level: OFP has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: OFP's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: OFP has an appropriate level of bad loans (1%).