{"schema_version":"secwatch.filing_event.v1","accession":"0001030469-24-000015","form_type":"8-K","ticker":"OFG","cik":"0001030469","company_name":"OFG BANCORP","filed_at":"2024-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.943361+00:00","generated_at":"2026-06-03T17:53:15.120947+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"OFG Bancorp Q1 EPS $1.05, up 9.4% YoY; core revenues $174.2M, NIM 5.40%","bullets":["EPS diluted $1.05 vs $0.96 in 1Q23; total core revenues $174.2M, up 5.9% YoY.","Net interest margin 5.40%, return on avg tangible common equity 17.92%, efficiency ratio 52.49%.","CET1 ratio improved to 14.45%; tangible book value $23.55 per share vs $20.57 in 1Q23.","Loans held for investment $7.54B, up 10.0% YoY; net charge-offs $19.8M (includes $3.5M fully reserved PPP loans).","Nonperforming loan rate 1.10%, lowest in five quarters; early delinquency 2.41%."],"urls":{"canonical":"https://secwatch.observer/filing/0001030469-24-000015","json":"https://secwatch.observer/filing/0001030469-24-000015.json","markdown":"https://secwatch.observer/filing/0001030469-24-000015.md","text":"https://secwatch.observer/filing/0001030469-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1030469/000103046924000015/0001030469-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1030469/000103046924000015/ofg-20240418.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T17:53:15.120947+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":"0d2ba3ab062e004107f7e5ddeb19369d5fadf160","claim":"OFG BANCORP reported first quarter ended March 31, 2024 results: EPS $1.05.","evidence_excerpt":"EPS diluted of $1.05 compared to $0.98 in 4Q23 and $0.96 in 1Q23.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1030469/000103046924000015/0001030469-24-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"EPS","value":"$1.05"},{"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"}