---
schema_version: "secwatch.filing_event.v1"
accession: "0001030469-26-000022"
form_type: "8-K"
ticker: "OFG"
cik: "0001030469"
company_name: "OFG BANCORP"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:02:41.038652+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OFG Bancorp Q1 2026 EPS $1.26, core revenues $185.8M, dividend up 17%

## Summary
- Diluted EPS $1.26 vs $1.27 Q4 2025 and $1.00 Q1 2025; net interest margin 5.36%.
- Core revenues $185.8M, up from $185.4M Q4 2025 and $178.3M Q1 2025.
- Loans held for investment $8.24B, up $34M sequentially; new loan production $608.9M (+8.9% YoY).
- Repurchased $44.5M of shares, increased dividend 17%; CET1 ratio 13.75%.
- Net charge-offs $21.4M (1.05% of avg loans), down from $26.9M (1.32%) in Q4 2025.

## SEC filing metadata
- accession: 0001030469-26-000022
- form_type: 8-K
- ticker: OFG
- cik: 0001030469
- company_name: OFG BANCORP
- filed_at: 2026-04-21T23:59:59+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/1030469/000103046926000022/0001030469-26-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030469/000103046926000022/ofg-20260421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001030469-26-000022
- JSON: https://secwatch.observer/filing/0001030469-26-000022.json
- Plain text: https://secwatch.observer/filing/0001030469-26-000022.txt

## Key facts
- Earnings Releases
  OFG BANCORP reported first quarter ended March 31, 2026 results: revenue $185.8 million, EPS $1.26.
  - Period: first quarter ended March 31, 2026
  - Revenue: $185.8 million
  - EPS: $1.26
  - Result: reported results
  source text: OFG Bancorp Reports 1Q26 Results SAN JUAN, Puerto Rico, April 21, 2026 – OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the first quarter ended March 31, 2026. EPS diluted of $1.26 compared to $1.27 in 4Q25 and $1.00 in 1Q25. Total core revenues of $185.8 million compared to $185.4 million in 4Q25 and $178.3 million in 1Q25.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1030469/000103046926000022/0001030469-26-000022-index.htm

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