---
schema_version: "secwatch.filing_event.v1"
accession: "0001030469-22-000038"
form_type: "8-K"
ticker: "OFG"
cik: "0001030469"
company_name: "OFG BANCORP"
filed_at: "2022-10-20T23:59:59+00:00"
generated_at: "2026-06-23T02:09:22.684108+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# OFG Bancorp Q3 2022 EPS $0.87, core revenue up 7.2% QoQ; dividend raised to $0.20

## Summary
- Diluted EPS $0.87 vs $0.84 in Q2 2022 and $0.81 in Q3 2021.
- Core revenues $156.8M (+7.2% QoQ); net interest margin 5.23% vs 4.80% in Q2.
- Quarterly dividend increased to $0.20 per share from $0.15 in Q2 2022.
- Provision for credit losses $7.1M; net charge-offs $11.3M, including $6.6M on two commercial loans.
- CET1 ratio 13.34% (up from 12.80% in Q2); tangible book value per share $18.46.

## SEC filing metadata
- accession: 0001030469-22-000038
- form_type: 8-K
- ticker: OFG
- cik: 0001030469
- company_name: OFG BANCORP
- filed_at: 2022-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030469/000103046922000038/0001030469-22-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030469/000103046922000038/ofg-20221020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001030469-22-000038
- JSON: https://secwatch.observer/filing/0001030469-22-000038.json
- Plain text: https://secwatch.observer/filing/0001030469-22-000038.txt

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