secwatch.observer — SEC 8-K summary
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Issuer:     OFG BANCORP (OFG)
CIK:        0001030469
Form:       8-K
Filed at:   2026-07-21T12:45:45+00:00
Accession:  0001030469-26-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OFG Bancorp Q2 2026 EPS $1.39, up 20.9% YoY; core revenues $190.3M, up 4.5% YoY
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- Diluted EPS $1.39 vs $1.15 in 2Q25 (+20.9%); core revenues $190.3M vs $182.2M (+4.5%).
- Net interest margin 5.45%; return on avg tangible common equity 17.94%; efficiency ratio 54.04%.
- Provision for credit losses $13.0M, down from $21.7M in 2Q25; net charge-offs $28.8M (1.40% of avg loans) vs $12.8M (0.64%) in 2Q25.
- Non-performing loans $67.3M (0.81% of avg loans) vs $97.4M (1.19%) in 2Q25; CET1 ratio 14.07% vs 13.99% in 2Q25.
- Loans held for investment $8.30B, up 0.8% sequentially; new loan production $755M, up 24% sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030469/000103046926000034/0001030469-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030469/000103046926000034/ofg-20260721.htm
  HTML page:      https://secwatch.observer/filing/0001030469-26-000034

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