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Side-by-side financial comparison of OFG BANCORP (OFG) and Terreno Realty Corp (TRNO). Click either name above to swap in a different company.
OFG BANCORP is the larger business by last-quarter revenue ($184.3M vs $137.5M, roughly 1.3× Terreno Realty Corp). Terreno Realty Corp runs the higher net margin — 115.1% vs 30.3%, a 84.8% gap on every dollar of revenue. On growth, Terreno Realty Corp posted the faster year-over-year revenue change (32.6% vs 0.9%). Over the past eight quarters, Terreno Realty Corp's revenue compounded faster (27.2% CAGR vs 2.8%).
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....
Terreno Realty Corp is a publicly traded real estate investment trust that specializes in owning, operating, and acquiring high-quality industrial real estate assets. Its portfolio mainly includes distribution warehouses and logistics facilities located in high-demand coastal U.S. metropolitan markets, serving tenants across e-commerce, last-mile delivery, retail supply chain, and light manufacturing segments.
OFG vs TRNO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $184.3M | $137.5M |
| Net Profit | $55.9M | $158.2M |
| Gross Margin | — | — |
| Operating Margin | 25.7% | — |
| Net Margin | 30.3% | 115.1% |
| Revenue YoY | 0.9% | 32.6% |
| Net Profit YoY | 11.0% | 107.9% |
| EPS (diluted) | $1.27 | $1.54 |
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.
| Q4 25 | $184.3M | $137.5M | ||
| Q3 25 | $186.2M | $116.2M | ||
| Q2 25 | $182.4M | $112.2M | ||
| Q1 25 | $178.6M | $110.4M | ||
| Q4 24 | $182.7M | $103.7M | ||
| Q3 24 | $174.7M | $99.6M | ||
| Q2 24 | $179.8M | $94.2M | ||
| Q1 24 | $174.4M | $85.0M |
| Q4 25 | $55.9M | $158.2M | ||
| Q3 25 | $51.8M | $103.4M | ||
| Q2 25 | $51.8M | $93.3M | ||
| Q1 25 | $45.6M | $48.1M | ||
| Q4 24 | $50.3M | $76.1M | ||
| Q3 24 | $47.0M | $36.6M | ||
| Q2 24 | $51.1M | $35.7M | ||
| Q1 24 | $49.7M | $36.1M |
| 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 24 | 38.9% | — |
| Q4 25 | 30.3% | 115.1% | ||
| Q3 25 | 27.8% | 88.9% | ||
| Q2 25 | 28.4% | 83.1% | ||
| Q1 25 | 25.5% | 43.6% | ||
| Q4 24 | 27.6% | 73.4% | ||
| Q3 24 | 26.9% | 36.8% | ||
| Q2 24 | 28.4% | 37.9% | ||
| Q1 24 | 28.5% | 42.4% |
| Q4 25 | $1.27 | $1.54 | ||
| Q3 25 | $1.16 | $1.00 | ||
| Q2 25 | $1.15 | $0.90 | ||
| Q1 25 | $1.00 | $0.47 | ||
| Q4 24 | $1.10 | $0.78 | ||
| Q3 24 | $1.00 | $0.37 | ||
| Q2 24 | $1.08 | $0.37 | ||
| Q1 24 | $1.05 | $0.40 |
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 | $25.0M |
| Total DebtLower is stronger | — | $943.3M |
| Stockholders' EquityBook value | $1.4B | $4.1B |
| Total Assets | $12.5B | $5.4B |
| Debt / EquityLower = less leverage | — | 0.23× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $25.0M | ||
| Q3 25 | $740.3M | $26.2M | ||
| Q2 25 | $851.8M | $128.4M | ||
| Q1 25 | $710.6M | $156.5M | ||
| Q4 24 | $591.1M | $18.1M | ||
| Q3 24 | $680.6M | $243.7M | ||
| Q2 24 | $740.4M | $182.0M | ||
| Q1 24 | $754.4M | $649.6M |
| Q4 25 | — | $943.3M | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $742.4M | ||
| Q1 25 | — | $741.9M | ||
| Q4 24 | — | $823.4M | ||
| Q3 24 | — | $672.2M | ||
| Q2 24 | — | $772.0M | ||
| Q1 24 | — | $771.8M |
| Q4 25 | $1.4B | $4.1B | ||
| Q3 25 | $1.4B | $4.0B | ||
| Q2 25 | $1.3B | $3.9B | ||
| Q1 25 | $1.3B | $3.9B | ||
| Q4 24 | $1.3B | $3.7B | ||
| Q3 24 | $1.3B | $3.6B | ||
| Q2 24 | $1.2B | $3.4B | ||
| Q1 24 | $1.2B | $3.4B |
| Q4 25 | $12.5B | $5.4B | ||
| Q3 25 | $12.2B | $5.3B | ||
| Q2 25 | $12.2B | $5.0B | ||
| Q1 25 | $11.7B | $4.9B | ||
| Q4 24 | $11.5B | $4.8B | ||
| Q3 24 | $11.5B | $4.6B | ||
| Q2 24 | $11.3B | $4.5B | ||
| Q1 24 | $11.2B | $4.4B |
| Q4 25 | — | 0.23× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.22× | ||
| Q1 24 | — | 0.22× |
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 | $271.9M |
| Free Cash FlowOCF − Capex | $199.3M | — |
| FCF MarginFCF / Revenue | 108.1% | — |
| Capex IntensityCapex / Revenue | 10.0% | — |
| Cash ConversionOCF / Net Profit | 3.90× | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $345.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $217.7M | $271.9M | ||
| Q3 25 | $39.5M | $79.5M | ||
| Q2 25 | $35.9M | $60.6M | ||
| Q1 25 | $83.1M | $61.4M | ||
| Q4 24 | $252.5M | $232.7M | ||
| Q3 24 | $58.1M | $70.0M | ||
| Q2 24 | $95.1M | $64.3M | ||
| Q1 24 | $61.0M | $47.0M |
| 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 24 | $54.8M | — |
| 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 24 | 31.4% | — |
| 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 24 | 3.5% | — |
| Q4 25 | 3.90× | 1.72× | ||
| Q3 25 | 0.76× | 0.77× | ||
| Q2 25 | 0.69× | 0.65× | ||
| Q1 25 | 1.82× | 1.28× | ||
| Q4 24 | 5.02× | 3.06× | ||
| Q3 24 | 1.24× | 1.91× | ||
| Q2 24 | 1.86× | 1.80× | ||
| Q1 24 | 1.23× | 1.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OFG
Segment breakdown not available.
TRNO
| Disposal Group Disposed Of By Sale Not Discontinued Operations | $109.5M | 80% |
| Other | $23.8M | 17% |
| At Market Equity Offering Program500Million | $4.1M | 3% |
