---
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"
generated_at: "2026-10-21T12:35:19.858814+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OFG Bancorp 3Q26 EPS $1.33, up 14.7% YoY; core revenue $185.7M, provision $18.1M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001030469-26-000043
- JSON: https://secwatch.observer/filing/0001030469-26-000043.json
- Plain text: https://secwatch.observer/filing/0001030469-26-000043.txt

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