Welcome to our dedicated page for OFG Bancorp news (Ticker: OFG), a resource for investors and traders seeking the latest updates and insights on OFG Bancorp stock.
OFG Bancorp reports news as a diversified financial holding company for Oriental Bank and related financial services subsidiaries. The company operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws, with retail and commercial banking, lending, wealth management, insurance, financial services and banking technology offered primarily in Puerto Rico and the U.S. Virgin Islands.
Recurring developments include quarterly earnings, loan and deposit trends, credit quality, net interest income, balance sheet management, and customer activity in products such as Libre, Elite and My Biz accounts. News also covers common stock dividends, share repurchase authorizations, debt ratings tied to Oriental Bank, and capital actions across the holding company and bank franchise.
OFG Bancorp (NYSE: OFG) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per common share for the quarter ending September 30, 2026. The dividend is payable on October 15, 2026 to shareholders of record as of September 30, 2026.
OFG Bancorp (NYSE: OFG) reported 2Q26 diluted EPS of $1.39, up from $1.26 in 1Q26 and $1.15 in 2Q25, on total core revenues of $190.3 million versus $185.8 million in 1Q26 and $182.2 million in 2Q25. Net interest margin was 5.45%, ROAA 1.93%, ROTCE 17.94% and efficiency ratio 54.04%.
Total interest income reached $197.2 million, while interest expense was $39.9 million. Pre-provision net revenues were $87.5 million. Provision for credit losses fell to $13.0 million from $22.5 million in 1Q26. Net charge-offs were $28.8 million (1.40% of average loans) and non-performing loans declined to $67.3 million (0.81% of average loans), largely due to sales of a telecom and a U.S. commercial loan.
Loans held for investment ended at $8.30 billion, customer deposits at $9.74 billion, and cash at $745.7 million. CET1 ratio was 14.07%, tangible common equity ratio 10.90%, and tangible book value per share $31.12.
OFG Bancorp (NYSE: OFG) will report its second quarter 2026 financial results on Tuesday, July 21, 2026, before the market opens. The company will host a conference call that same morning at 10:00 AM ET, accessible via phone and live webcast.
OFG Bancorp (NYSE: OFG) declared a regular quarterly cash dividend of $0.35 per common share for the quarter ending June 30, 2026. The dividend is payable July 15, 2026 to holders of record at June 30, 2026.
OFG Bancorp (NYSE: OFG) reported 1Q26 EPS diluted $1.26 and total core revenues $185.8M. Management repurchased $44.5M of common stock and raised the quarterly dividend by 17%. Key metrics: NIM 5.36%, loans $8.24B, deposits $9.66B (down $263.4M sequentially), and CET1 13.75%.
Performance showed ongoing loan growth, improved credit trends with net charge-offs of $21.4M (1.05% of average loans), and operating efficiency with an efficiency ratio of 50.97%.
OFG Bancorp (NYSE: OFG) will report first quarter 2026 financial results on Tuesday, April 21, 2026 before the market opens and will hold a conference call that morning at 10:00 AM ET.
Participants can join via toll-free phone (800-579-2543), international phone (785-424-1789) using Conference ID OFGQ126, or via live webcast on the company website. A replay will be available shortly after the call.
OFG (NYSE:OFG) received issuer-level ratings from KBRA: OFG senior unsecured debt at BBB, subordinated BBB-, short-term K3; Oriental Bank ratings affirmed at BBB+ (deposit/senior) and K2 (short-term). The Outlook for all long-term ratings is Stable.
KBRA cites Puerto Rico's economic recovery, diversified nonbank subsidiaries, parent assets of approximately $1.4 billion, and dividends comprising ~70% of OFG revenue as key drivers.
OFG Bancorp (NYSE: OFG) increased its regular quarterly cash dividend by 17% to $0.35 per common share from $0.30 for the quarter ending March 31, 2026. The dividend is payable April 15, 2026 to holders of record at March 31, 2026 as part of the company’s capital actions this year.
OFG Bancorp (NYSE: OFG) announced a new $200 million stock repurchase authorization approved by its Board of Directors on January 28, 2026. The open-ended plan is additive to a prior repurchase program that had $38.1 million available as of December 31, 2025.
This capital action increases the company’s repurchase capacity and is intended for share repurchases under Board authorization.
OFG Bancorp (NYSE: OFG) reported 4Q25 and full-year 2025 results. 4Q25 diluted EPS $1.27 (up from $1.09 YoY) and 2025 diluted EPS $4.58 (vs $4.23 in 2024). Total core revenues were $185.4M in 4Q25 and $729.8M for 2025. Key metrics: NIM 5.12%, ROA 1.81%, efficiency ratio 56.65%, and tangible book value per share $29.96. Credit activity included $26.9M net charge-offs in 4Q25 and nonperforming loan rate of 1.59%. Capital actions: $40.1M repurchased in 4Q25 and $91.6M for the year. Management cited loan growth, record new loan production, and discrete tax benefits impacting 4Q25 results.