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Side-by-side financial comparison of OFG BANCORP (OFG) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.
OFG BANCORP is the larger business by last-quarter revenue ($184.3M vs $143.3M, roughly 1.3× Piedmont Realty Trust, Inc.). OFG BANCORP runs the higher net margin — 30.3% vs -31.4%, a 61.7% gap on every dollar of revenue. On growth, OFG BANCORP posted the faster year-over-year revenue change (0.9% vs 0.4%). Over the past eight quarters, OFG BANCORP's revenue compounded faster (2.8% CAGR vs 0.0%).
OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....
Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.
OFG vs PDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $184.3M | $143.3M |
| Net Profit | $55.9M | $-45.0M |
| Gross Margin | — | — |
| Operating Margin | 25.7% | — |
| Net Margin | 30.3% | -31.4% |
| Revenue YoY | 0.9% | 0.4% |
| Net Profit YoY | 11.0% | -27.9% |
| EPS (diluted) | $1.27 | $-0.10 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $143.3M | ||
| Q4 25 | $184.3M | $142.9M | ||
| Q3 25 | $186.2M | $139.2M | ||
| Q2 25 | $182.4M | $140.3M | ||
| Q1 25 | $178.6M | $142.7M | ||
| Q4 24 | $182.7M | $143.2M | ||
| Q3 24 | $174.7M | $139.3M | ||
| Q2 24 | $179.8M | $143.3M |
| Q1 26 | — | $-45.0M | ||
| Q4 25 | $55.9M | $-43.2M | ||
| Q3 25 | $51.8M | $-13.5M | ||
| Q2 25 | $51.8M | $-16.8M | ||
| Q1 25 | $45.6M | $-10.1M | ||
| Q4 24 | $50.3M | $-30.0M | ||
| Q3 24 | $47.0M | $-11.5M | ||
| Q2 24 | $51.1M | $-9.8M |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | — | ||
| Q3 25 | 33.0% | — | ||
| Q2 25 | 36.1% | — | ||
| Q1 25 | 33.3% | — | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 35.4% | — | ||
| Q2 24 | 39.6% | — |
| Q1 26 | — | -31.4% | ||
| Q4 25 | 30.3% | -30.3% | ||
| Q3 25 | 27.8% | -9.7% | ||
| Q2 25 | 28.4% | -12.0% | ||
| Q1 25 | 25.5% | -7.1% | ||
| Q4 24 | 27.6% | -20.9% | ||
| Q3 24 | 26.9% | -8.3% | ||
| Q2 24 | 28.4% | -6.8% |
| Q1 26 | — | $-0.10 | ||
| Q4 25 | $1.27 | $-0.34 | ||
| Q3 25 | $1.16 | $-0.11 | ||
| Q2 25 | $1.15 | $-0.14 | ||
| Q1 25 | $1.00 | $-0.08 | ||
| Q4 24 | $1.10 | $-0.25 | ||
| Q3 24 | $1.00 | $-0.09 | ||
| Q2 24 | $1.08 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $2.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.4B | $1.5B |
| Total Assets | $12.5B | $4.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.3M | ||
| Q4 25 | $1.0B | $731.0K | ||
| Q3 25 | $740.3M | $3.0M | ||
| Q2 25 | $851.8M | $3.3M | ||
| Q1 25 | $710.6M | $2.9M | ||
| Q4 24 | $591.1M | $109.6M | ||
| Q3 24 | $680.6M | $133.6M | ||
| Q2 24 | $740.4M | $138.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.2B |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.3B | $1.6B | ||
| Q2 24 | $1.2B | $1.7B |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $12.5B | $4.0B | ||
| Q3 25 | $12.2B | $4.0B | ||
| Q2 25 | $12.2B | $4.0B | ||
| Q1 25 | $11.7B | $4.0B | ||
| Q4 24 | $11.5B | $4.1B | ||
| Q3 24 | $11.5B | $4.1B | ||
| Q2 24 | $11.3B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.49× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.40× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.34× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $217.7M | — |
| Free Cash FlowOCF − Capex | $199.3M | — |
| FCF MarginFCF / Revenue | 108.1% | — |
| Capex IntensityCapex / Revenue | 10.0% | 110.3% |
| Cash ConversionOCF / Net Profit | 3.90× | — |
| TTM Free Cash FlowTrailing 4 quarters | $345.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $217.7M | $140.6M | ||
| Q3 25 | $39.5M | $35.8M | ||
| Q2 25 | $35.9M | $50.1M | ||
| Q1 25 | $83.1M | $3.7M | ||
| Q4 24 | $252.5M | $198.1M | ||
| Q3 24 | $58.1M | $42.9M | ||
| Q2 24 | $95.1M | $66.8M |
| Q1 26 | — | — | ||
| Q4 25 | $199.3M | — | ||
| Q3 25 | $35.5M | — | ||
| Q2 25 | $31.8M | — | ||
| Q1 25 | $78.7M | — | ||
| Q4 24 | $231.2M | — | ||
| Q3 24 | $51.8M | — | ||
| Q2 24 | $90.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | 108.1% | — | ||
| Q3 25 | 19.1% | — | ||
| Q2 25 | 17.4% | — | ||
| Q1 25 | 44.1% | — | ||
| Q4 24 | 126.5% | — | ||
| Q3 24 | 29.6% | — | ||
| Q2 24 | 50.3% | — |
| Q1 26 | — | 110.3% | ||
| Q4 25 | 10.0% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | 2.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.90× | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 1.82× | — | ||
| Q4 24 | 5.02× | — | ||
| Q3 24 | 1.24× | — | ||
| Q2 24 | 1.86× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
