---
schema_version: "secwatch.filing_event.v1"
accession: "0001030469-23-000003"
form_type: "8-K"
ticker: "OFG"
cik: "0001030469"
company_name: "OFG BANCORP"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T07:43:19.208945+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OFG Bancorp Q4 2022 EPS $0.97, core revenues $168.3M, NIM expands to 5.69%

## Summary
- Diluted EPS $0.97 vs $0.87 in Q3 and $0.66 in Q4 2021; full year EPS $3.44 vs $2.81.
- Total core revenues $168.3M, up 7.3% QoQ; net interest margin 5.69% vs 5.23% in Q3.
- Loans held for investment $6.84B, up 2.3% QoQ; new loan origination $616.4M, record auto loans $221.4M.
- Tangible book value per share $19.56 vs $18.46 in Q3; CET1 ratio 13.64%.
- Net interest income $135.3M vs $126.5M in Q3; provision for credit losses $8.8M.

## SEC filing metadata
- accession: 0001030469-23-000003
- form_type: 8-K
- ticker: OFG
- cik: 0001030469
- company_name: OFG BANCORP
- filed_at: 2023-01-26T23:59:59+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/1030469/000103046923000003/0001030469-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000003/ofg-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001030469-23-000003
- JSON: https://secwatch.observer/filing/0001030469-23-000003.json
- Plain text: https://secwatch.observer/filing/0001030469-23-000003.txt

## Key facts
- Earnings Releases
  OFG BANCORP reported the quarter and year ended December 31, 2022 results: revenue Total core revenues of $168.3 million, EPS EPS diluted of $0.97.
  - Period: the quarter and year ended December 31, 2022
  - Revenue: Total core revenues of $168.3 million
  - EPS: EPS diluted of $0.97
  - Result: reported results
  source text: OFG Bancorp Reports 4Q22 & 2022 Results SAN JUAN, Puerto Rico, January 26, 2023 – OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the fourth quarter and year ended December 31, 2022. Summary 4Q22 : EPS diluted of $0.97 compared to $0.87 in 3Q22 and $0.66 in 4Q21. Total core revenues of $168.3 million compared to $156.8 million in 3Q22 and $141.0 million in 4Q21.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000003/0001030469-23-000003-index.htm

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