OFG BANCORP (OFG) Form 8-K — Oct 21, 2026
OFG Bancorp reported 3Q26 diluted EPS of $1.33, up 14.7% from $1.16 in 3Q25 but down from $1.39 in 2Q26, on total core revenues of $185.7 million. The Puerto Rico bank posted strong profitability with a 5.23% net interest margin, 1.86% return on assets, and 17.06% return on tangible common equity, while loans held for investment grew 1.8% sequentially to $8.45 billion. The company also repurchased $13.5 million of common shares and kept its CET1 ratio at a robust 14.10%. Credit quality remains stable with net charge-offs improving to 0.70% and nonperforming loans down to 0.74%, though delinquencies ticked up on seasonal auto trends.
Key figures
- Eps
- 1.33
- Revenue
- 185700000
- Net Income
- 56611000
- Revenue Yoy
- 1.0% core revenue growth
- Total Assets
- 12144479000
- Cash Position
- 566773000
- Nim
- 5.23%
- Roa
- 1.86%
- Ppnr
- $89.9M
- Rotce
- 17.06%
- Tce ratio
- 10.34%
- Cet1 ratio
- 14.10%
- Loan growth qoq
- 1.8%
- Loan growth yoy
- 4.1%
- Efficiency ratio
- 51.83%
- Share repurchases
- $13.5M
- Dividend per share
- $0.35
- Deposits change qoq
- -0.8%
- Net charge off rate
- 0.70%
- New loan production
- $693.8M
- Customer deposits eop
- $9.66B
- Early delinquency rate
- 2.65%
- Total delinquency rate
- 3.91%
- Nonperforming loan rate
- 0.74%
- Provision for credit losses
- $18.1M
- Loans held for investment eop
- $8.45B
- Tangible book value per share
- $29.66
AI analysis
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