---
schema_version: "secwatch.filing_event.v1"
accession: "0001030469-25-000012"
form_type: "8-K"
ticker: "OFG"
cik: "0001030469"
company_name: "OFG BANCORP"
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T07:50:03.525728+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OFG Bancorp Q1 2025 EPS $1.00, down from $1.05 YoY; core revenue up 2.4%

## Summary
- EPS diluted $1.00 vs $1.05 in Q1 2024; total core revenues $178.3M vs $174.2M YoY.
- Loans held for investment $7.85B (+0.8% QoQ); customer deposits $9.76B (+$308M QoQ).
- Provision for credit losses $25.7M vs $15.1M YoY; net charge-offs 1.05% of avg loans.
- CET1 ratio 14.27%; tangible book value per share $26.66, up 13.2% YoY.
- Repurchased $23.4M common shares; increased quarterly common dividend by 20%.

## SEC filing metadata
- accession: 0001030469-25-000012
- form_type: 8-K
- ticker: OFG
- cik: 0001030469
- company_name: OFG BANCORP
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030469/000103046925000012/0001030469-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030469/000103046925000012/ofg-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001030469-25-000012
- JSON: https://secwatch.observer/filing/0001030469-25-000012.json
- Plain text: https://secwatch.observer/filing/0001030469-25-000012.txt

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