secwatch.observer — SEC 8-K summary
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Issuer:     OFG BANCORP (OFG)
CIK:        0001030469
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0001030469-21-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030469/000103046921000023/0001030469-21-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030469/000103046921000023/ofg-8KERQ22021.htm
  HTML page:      https://secwatch.observer/filing/0001030469-21-000023

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