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 (OFG) increased its regular quarterly cash dividend to $0.40 per common share for the quarter ending December 31, 2026. The board-approved dividend represents a 14% increase and is payable January 15, 2027, to shareholders of record on December 31, 2026.
OFG Bancorp (OFG) reported third-quarter 2026 diluted earnings per share of $1.33, higher year over year but lower sequentially.
EPS compared with $1.39 in 2Q26 and $1.16 in 3Q25. Core revenues were $185.7 million, versus $190.3 million and $184.0 million, respectively. Pre-provision net revenues rose to $89.9 million, while non-interest expense fell to $96.3 million. Credit-loss provision was $18.1 million, above the prior quarter but below a year earlier.
Quarter-end loans held for investment reached $8.45 billion; customer deposits fell to $9.66 billion. Net charge-off and nonperforming loan rates declined both sequentially and annually. Net interest margin was 5.23%, return on average assets was 1.86%, and the efficiency ratio was 51.83%. OFG repurchased $13.5 million of common shares. Tangible book value per share fell sequentially to $29.66, primarily reflecting the change in accumulated other comprehensive loss.
OFG Bancorp (OFG) will report its third quarter 2026 financial results on Wednesday, October 21, 2026, before the market opens, and hold a conference call at 10:00 AM ET the same day.
Investors can join the call via toll-free phone at (800) 579-2543 or internationally at (785) 424-1789 using Conference ID OFGQ326, or listen through a live webcast on the company’s website at www.ofgbancorp.com. A webcast replay will be available shortly after the event, and participants are encouraged to visit the webcast link in advance to pre-register or download any required software.
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.