---
schema_version: "secwatch.filing_event.v1"
accession: "0001030469-23-000037"
form_type: "8-K"
ticker: "OFG"
cik: "0001030469"
company_name: "OFG BANCORP"
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T17:57:58.776412+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OFG Bancorp reports Q3 2023 EPS $0.95, core revenues $172.2M, up 10% YoY

## Summary
- Diluted EPS $0.95 vs $0.93 in 2Q23 and $0.87 in 3Q22.
- Core revenues $172.2M, up 10% YoY; net interest income $141.8M.
- Net interest margin 5.80%, ROAA 1.76%, efficiency ratio 52.36%.
- Loans held for investment $7.26B, up 2% QoQ and 8.6% YoY.
- CET1 ratio 14.03%, tangible book value per share $21.01.

## SEC filing metadata
- accession: 0001030469-23-000037
- form_type: 8-K
- ticker: OFG
- cik: 0001030469
- company_name: OFG BANCORP
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000037/0001030469-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000037/ofg-20231020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001030469-23-000037
- JSON: https://secwatch.observer/filing/0001030469-23-000037.json
- Plain text: https://secwatch.observer/filing/0001030469-23-000037.txt

## Key facts
- Earnings Releases
  OFG BANCORP reported the quarter ended September 30, 2023 results: EPS $0.95.
  - Period: the quarter ended September 30, 2023
  - EPS: $0.95
  - Result: reported results
  source text: On October 20, 2023, OFG Bancorp (the "Company") announced the results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000037/0001030469-23-000037-index.htm

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