---
schema_version: "secwatch.filing_event.v1"
accession: "0001030469-25-000003"
form_type: "8-K"
ticker: "OFG"
cik: "0001030469"
company_name: "OFG BANCORP"
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T18:15:14.525467+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OFG Bancorp Q4 EPS $1.09, full-year $4.23; core revenue up 3.6% YoY

## Summary
- Q4 diluted EPS $1.09 vs $1.00 in Q3 and $0.98 in Q4 2023; full-year 2024 EPS $4.23 vs $3.83 in 2023.
- Q4 total core revenues $181.9M, up from $174.1M in Q3 and $175.6M in Q4 2023; NIM 5.40%.
- Provision for credit losses $30.2M included $7.6M specific reserve on four U.S. commercial loans and $5.7M qualitative reserve for auto delinquencies.
- Bought back $45.9M of shares in Q4; $29.7M remaining authorization; CET1 ratio 14.26%.
- Tangible book value per share $25.43 vs $26.15 in Q3, reflecting buybacks and lower OCI.

## SEC filing metadata
- accession: 0001030469-25-000003
- form_type: 8-K
- ticker: OFG
- cik: 0001030469
- company_name: OFG BANCORP
- filed_at: 2025-01-22T23:59:59+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/1030469/000103046925000003/0001030469-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030469/000103046925000003/ofg-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001030469-25-000003
- JSON: https://secwatch.observer/filing/0001030469-25-000003.json
- Plain text: https://secwatch.observer/filing/0001030469-25-000003.txt

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