{"schema_version":"secwatch.filing_event.v1","accession":"0001030469-24-000004","form_type":"8-K","ticker":"OFG","cik":"0001030469","company_name":"OFG BANCORP","filed_at":"2024-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.156664+00:00","generated_at":"2026-06-06T18:58:37.959178+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"OFG Bancorp 4Q23 EPS $0.98, FY23 EPS $3.83; record loans and deposits","bullets":["EPS diluted $0.98 in 4Q23 vs $0.95 in 3Q23 and $0.97 in 4Q22; FY23 EPS $3.83 vs $3.44.","Total core revenues $175.6M in 4Q23, up from $172.2M in 3Q23; FY23 $682.7M vs $607.8M.","Record loans $7.53B (+10.2% YoY), customer deposits $9.60B (+12.1% YoY), and tangible common equity >$1B.","Tangible book value per share $23.13, up from $21.01 in 3Q23; CET1 ratio 14.12%.","Net interest margin 5.62%; nonperforming loan rate 1.22% – lowest in five quarters."],"urls":{"canonical":"https://secwatch.observer/filing/0001030469-24-000004","json":"https://secwatch.observer/filing/0001030469-24-000004.json","markdown":"https://secwatch.observer/filing/0001030469-24-000004.md","text":"https://secwatch.observer/filing/0001030469-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1030469/000103046924000004/0001030469-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1030469/000103046924000004/ofg-20240124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:58:37.959178+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":"a258c3e3cd7ecff3cf5ab2b75dd54e1c1a6f0c91","claim":"OFG BANCORP reported the year ended December 31, 2023 results: revenue $682.7 million, EPS $3.83.","evidence_excerpt":"Full Year 2023: EPS diluted of $3.83 compared to $3.44 in 2022. Total core revenues of $682.7 million compared to $607.8 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1030469/000103046924000004/0001030469-24-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$682.7 million"},{"label":"EPS","value":"$3.83"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f35c7f4c7113dd9f5d7fa880f94cb3e95dff5118","claim":"OFG BANCORP reported the quarter ended December 31, 2023 results: revenue $175.6 million, EPS $0.98.","evidence_excerpt":"4Q23: EPS diluted of $0.98 compared to $0.95 in 3Q23 and $0.97 in 4Q22. Total core revenues of $175.6 million compared to $172.2 million in 3Q23 and $168.3 million in 4Q22.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1030469/000103046924000004/0001030469-24-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Revenue","value":"$175.6 million"},{"label":"EPS","value":"$0.98"},{"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"}