{"schema_version":"secwatch.filing_event.v1","accession":"0001030469-26-000043","form_type":"8-K","ticker":"OFG","cik":"0001030469","company_name":"OFG BANCORP","filed_at":"2026-10-21T12:29:58+00:00","discovered_at":"2026-10-21T12:35:00.299984+00:00","generated_at":"2026-10-21T12:35:19.858814+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"OFG Bancorp 3Q26 EPS $1.33, up 14.7% YoY; core revenue $185.7M, provision $18.1M","bullets":["Diluted EPS $1.33 vs $1.39 in 2Q26 and $1.16 in 3Q25 (+14.7% YoY); total core revenues $185.7M vs $190.3M sequentially and $184.0M a year ago (+1.0%).","Provision for credit losses $18.1M vs $13.0M in 2Q26 and $28.3M in 3Q25, driven by $17.5M for loan growth and $1.3M seasonal auto delinquency; NCO rate 0.70%, NPL rate 0.74%.","Net interest margin 5.23%, ROA 1.86%, ROTCE 17.06%, efficiency ratio 51.83%; pre-provision net revenue $89.9M vs $87.5M in 2Q26 and $89.6M in 3Q25.","Loans held for investment $8.45B, up 1.8% sequentially and 4.1% YoY; new loan production $693.8M vs $755.0M in 2Q26 and $623.9M in 3Q25; customer deposits $9.66B, down 0.8% sequentially.","Repurchased $13.5M of common shares; CET1 14.10% vs 14.07% in 2Q26; tangible book value per share $29.66 vs $31.12 sequentially, reflecting AOCI change."],"urls":{"canonical":"https://secwatch.observer/filing/0001030469-26-000043","json":"https://secwatch.observer/filing/0001030469-26-000043.json","markdown":"https://secwatch.observer/filing/0001030469-26-000043.md","text":"https://secwatch.observer/filing/0001030469-26-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1030469/000103046926000043/0001030469-26-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1030469/000103046926000043/ofg-20261021.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-21T12:35:19.858814+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}