{"schema_version":"secwatch.filing_event.v1","accession":"0001030469-23-000029","form_type":"8-K","ticker":"OFG","cik":"0001030469","company_name":"OFG BANCORP","filed_at":"2023-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.932639+00:00","generated_at":"2026-06-13T05:20:44.041478+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"OFG Bancorp Q2 EPS $0.93, core revenues $170.5M, NIM 5.90%, loan production $691.8M","bullets":["EPS diluted $0.93 vs $0.84 in 2Q22; core revenues $170.5M, up 16.5% YoY.","Net interest income $139.6M, up from $115.1M YoY; net interest margin 5.90%.","New loan production $691.8M, up 23% YoY; loans held for investment $7.12B.","Repurchased 565,299 shares in quarter; CET1 ratio 14.01%, tangible book value $21.06.","Provision for credit losses $15.0M, including $9.1M specific reserve for three US commercial loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001030469-23-000029","json":"https://secwatch.observer/filing/0001030469-23-000029.json","markdown":"https://secwatch.observer/filing/0001030469-23-000029.md","text":"https://secwatch.observer/filing/0001030469-23-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1030469/000103046923000029/0001030469-23-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1030469/000103046923000029/ofg-20230720.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:20:44.041478+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ea4cebc03bda1fc5e6238f6e3bbf48e862475105","claim":"OFG BANCORP reported the second quarter ended June 30, 2023 results: revenue $170.5 million, EPS $0.93.","evidence_excerpt":"OFG Bancorp Reports 2Q23 Results SAN JUAN, Puerto Rico, July 20, 2023 – OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the second quarter ended June 30, 2023. EPS diluted of $0.93 compared to $0.96 in 1Q23 and $0.84 in 2Q22. Total core revenues of $170.5 million compared to $164.4 million in 1Q23 and $146.3 million in 2Q22.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1030469/000103046923000029/0001030469-23-000029-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$170.5 million"},{"label":"EPS","value":"$0.93"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}