OFG BANCORP (OFG) Form 8-K — Jul 21, 2026
OFG Bancorp reported second quarter 2026 diluted EPS of $1.39, an increase of 20.9% compared to the prior year and 10.3% sequentially, driven by strong operating momentum across all business segments. Total core revenues rose 4.5% year-over-year to $190.3 million, supported by a net interest margin of 5.45% and a return on average tangible common equity of 17.94%. The company achieved solid loan growth with new production of $755.0 million, bringing total loans held for investment to $8.30 billion, while deposits increased 0.9% sequentially to $9.98 billion.
Key figures
- Eps
- 1.39
- Loans
- 8.30 billion
- Revenue
- 190.3 million
- Deposits
- 9.98 billion
- Net Income
- 58.78 million
- Total Assets
- 12.15 billion
- Return On Assets
- 1.93%
- Efficiency Ratio
- 54.04%
- Net Interest Margin
- 5.45%
- Tangible Book Value Per Share
- 31.12
- Net charge offs
- 28.8 million
- Non performing loans
- 67.3 million
- Provision for credit losses
- 13.0 million
Price after filing
Close on the filing date to close N calendar days later (from $51.17). Historical, not a forecast.
AI analysis
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