---
schema_version: "secwatch.filing_event.v1"
accession: "0001030469-21-000023"
form_type: "8-K"
ticker: "OFG"
cik: "0001030469"
company_name: "OFG BANCORP"
filed_at: "2021-07-21T23:59:59+00:00"
generated_at: "2026-06-30T03:35:07.178713+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OFG Bancorp Q2 2021 EPS $0.78, loan origination up 27.7% QoQ, provision benefit $8.3M

## Summary
- Diluted EPS $0.78 vs $0.56 in Q1 and $0.39 a year ago.
- Total core revenues $133.3M, up 4.4% from $127.7M in Q1.
- New loan origination $673.6M, up 27.7% QoQ led by commercial and auto.
- Provision for credit losses a net benefit of $8.3M from reserve releases.
- Tangible book value per share $18.13; CET1 ratio 13.95%.

## SEC filing metadata
- accession: 0001030469-21-000023
- form_type: 8-K
- ticker: OFG
- cik: 0001030469
- company_name: OFG BANCORP
- filed_at: 2021-07-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030469/000103046921000023/0001030469-21-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030469/000103046921000023/ofg-8KERQ22021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001030469-21-000023
- JSON: https://secwatch.observer/filing/0001030469-21-000023.json
- Plain text: https://secwatch.observer/filing/0001030469-21-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.