OFG Bancorp
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of OFG Bancorp generated cash of $295,657,000, which is more than the previous year. Cash used in financing activities reached the amount of $1,306,797,000 last year. Net change in cash is therefore $197,709,000.
Cash Flow
| 2014 | 175M | 559.85M | -782.70M |
|---|---|---|---|
| 2015 | 97.08M | 153.04M | -286.84M |
| 2016 | 78.51M | 568.06M | -672.84M |
| 2017 | 151.44M | 187.30M | -363.98M |
| 2018 | 133.35M | -488.76M | 317.24M |
| 2019 | 109.61M | 842.17M | -549.09M |
| 2020 | -88.62M | 881.08M | 510.35M |
| 2021 | 100.04M | -182.93M | -49.03M |
| 2022 | 164.45M | -1.51B | -124.70M |
| 2023 | 295.65M | -1.40B | 1.30B |
OFG Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 550.46M | 2.02B | 2.15B | 852.75M | 450.06M | 488.23M | 510.43M | 536.70M | 573.42M | 621.26M |
Operating activities | ||||||||||
Net income | 181.87M | 166.23M | 146.15M | 74.32M | 53.84M | 84.41M | 52.64M | 59.18M | -2.50M | 85.18M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 27.28M | 24.31M | 23.93M | 23.75M | 9.68M | 10.21M | 10.45M | 11.09M | 13.00M | 12.36M |
Stock-based compensation expense | 5.00M | 4.18M | 6.24M | 2.17M | 2.13M | 1.40M | 1.01M | 1.27M | 1.63M | 1.03M |
| Deferred income tax benefit | 5.00M | 4.18M | 6.24M | 2.17M | 2.13M | 1.40M | 1.01M | 1.27M | 1.63M | 1.03M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -5.79M | 8.67M | -34.13M | 9.99M | 17.20M | -30.67M | -452K | 458K | -3.90M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20.18M |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.29M |
Cash generated by operating activities | 295.65M | 164.45M | 100.04M | -88.62M | 109.61M | 133.35M | 151.44M | 78.51M | 97.08M | 175M |
Investing activities | ||||||||||
Purchases Of Investments | -1.07B | -1.46B | -417.06M | -38.23M | -2.20M | -271.63M | -182.05M | -206.02M | -501.25M | -386.41M |
Investments In Property Plant And Equipment | -17.85M | -30.99M | -23.05M | -15.26M | -12.96M | -11.49M | -6.46M | -5.29M | -5.28M | -7.90M |
Acquisitions Net | 0 | 4.78M | 93.25M | -402K | 67.27M | -474.17M | -101.78M | 173.18M | 107.35M | 21.60M |
Cash generated by investing activities | -1.40B | -1.51B | -182.93M | 881.08M | 842.17M | -488.76M | 187.30M | 568.06M | 153.04M | 559.85M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 283K | 583K | 1.29M | 508K | 0 | -315K | 0 | 0 |
Payments for dividends | -41.01M | -30.09M | -20.97M | -20.89M | -20.88M | -24.82M | -24.41M | -24.00M | -31.62M | -28.34M |
Repurchases of common stock | -18.65M | -64.11M | -141.87M | -2.22M | 0 | 0 | 0 | -315K | -8.95M | -16.94M |
Repayments of term debt | 0 | -36.50M | -39.17M | -202.93M | -264.34M | -241.40M | 0 | -587.44M | -48.42M | -287.07M |
Cash used in financing activities | 1.30B | -124.70M | -49.03M | 510.35M | -549.09M | 317.24M | -363.98M | -672.84M | -286.84M | -782.70M |
Net Change In Cash | 197.70M | -1.47B | -131.92M | 1.30B | 402.69M | -38.17M | -25.23M | -26.27M | -36.71M | -47.84M |
Cash at end of period | 748.17M | 550.46M | 2.02B | 2.15B | 852.75M | 450.06M | 485.20M | 510.43M | 536.70M | 573.42M |
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