secwatch / observer

OFG BANCORP — fact timeline

Source-grounded facts extracted from OFG BANCORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

OFG OFG BANCORP JSON
Earnings Releases

OFG BANCORP reported first quarter ended March 31, 2026 results: revenue $185.8 million, EPS $1.26.

“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.”

Ganesh Kumar retired as Chief Strategy Officer, U.S. Business at OFG BANCORP.

“Mr. Ganesh Kumar entered into that certain Separation and Retirement Agreement (the “ Separation Agreement ”) with the Company in connection with his retirement as the Company’s Chief Strategy Officer, U.S. Business, effective December 2, 2024”

Roberto García was elected as Director at OFG BANCORP.

“On September 20, 2024, the Board elected Lynda Grindstaff and Roberto García to the Board of Directors effective immediately.”

Lynda Grindstaff was elected as Director at OFG BANCORP.

“On September 20, 2024, the Board elected Lynda Grindstaff and Roberto García to the Board of Directors effective immediately.”
Shareholder Votes

OFG BANCORP shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2024-05-08 meeting.

“The voting results were as follows: For Against Abstain Broker Non-Votes 40,886,692 685,106 26,268 2,342,333 Proposal 3 – Ratification of Selection of Independent Registered Public Accounting Firm The proposal to ratify the selection of KPMG LLP as the Company’s independent registered public accountants for the year ending December 31, 2024 was approved.”
Shareholder Votes

OFG BANCORP shareholders approved Advisory Vote on Executive Compensation at the 2024-05-08 meeting.

“,200 530,866 2,342,333 Néstor de Jesús 40,339,221 1,258,845 2,342,333 Annette Franqui 40,570,165 1,027,901 2,342,333 Susan Harnett 38,290,227 3,307,839 2,342,333 Angel Vázquez 41,295,917 302,149 2,342,333 Rafael Vélez 41,127,419 470,647 2,342,333 Proposal 2 – Advisory Vote on Executive Compensation The compensation of the Company’s named executive officers, as described in the Proxy Statement, was approved on an advisory basis by a majority of the votes represented at the meeting.”
Shareholder Votes

OFG BANCORP shareholders approved Election of Director: Rafael Vélez at the 2024-05-08 meeting.

“☐ Item 5.07. Submission of Matters to a Vote of Security Holders At the annual meeting of shareholders of OFG Bancorp (the “Company”) held on May 8, 2024 (the “Annual Meeting”), the proposals listed below were submitted to a vote of shareholders as set forth in the Company’s definitive proxy statement (the “Proxy Statement”) for the Annual Meeting.”
Shareholder Votes

OFG BANCORP shareholders approved Election of Director: Angel Vázquez at the 2024-05-08 meeting.

“☐ Item 5.07. Submission of Matters to a Vote of Security Holders At the annual meeting of shareholders of OFG Bancorp (the “Company”) held on May 8, 2024 (the “Annual Meeting”), the proposals listed below were submitted to a vote of shareholders as set forth in the Company’s definitive proxy statement (the “Proxy Statement”) for the Annual Meeting.”
Shareholder Votes

OFG BANCORP shareholders approved Election of Director: Susan Harnett at the 2024-05-08 meeting.

“☐ Item 5.07. Submission of Matters to a Vote of Security Holders At the annual meeting of shareholders of OFG Bancorp (the “Company”) held on May 8, 2024 (the “Annual Meeting”), the proposals listed below were submitted to a vote of shareholders as set forth in the Company’s definitive proxy statement (the “Proxy Statement”) for the Annual Meeting.”
Shareholder Votes

OFG BANCORP shareholders approved Election of Director: Annette Franqui at the 2024-05-08 meeting.

“☐ Item 5.07. Submission of Matters to a Vote of Security Holders At the annual meeting of shareholders of OFG Bancorp (the “Company”) held on May 8, 2024 (the “Annual Meeting”), the proposals listed below were submitted to a vote of shareholders as set forth in the Company’s definitive proxy statement (the “Proxy Statement”) for the Annual Meeting.”
Shareholder Votes

OFG BANCORP shareholders approved Election of Director: Néstor de Jesús at the 2024-05-08 meeting.

“☐ Item 5.07. Submission of Matters to a Vote of Security Holders At the annual meeting of shareholders of OFG Bancorp (the “Company”) held on May 8, 2024 (the “Annual Meeting”), the proposals listed below were submitted to a vote of shareholders as set forth in the Company’s definitive proxy statement (the “Proxy Statement”) for the Annual Meeting.”
Shareholder Votes

OFG BANCORP shareholders approved Election of Director: Jorge Colón Gerena at the 2024-05-08 meeting.

“☐ Item 5.07. Submission of Matters to a Vote of Security Holders At the annual meeting of shareholders of OFG Bancorp (the “Company”) held on May 8, 2024 (the “Annual Meeting”), the proposals listed below were submitted to a vote of shareholders as set forth in the Company’s definitive proxy statement (the “Proxy Statement”) for the Annual Meeting.”
Shareholder Votes

OFG BANCORP shareholders approved Election of Director: José R. Fernández at the 2024-05-08 meeting.

“☐ Item 5.07. Submission of Matters to a Vote of Security Holders At the annual meeting of shareholders of OFG Bancorp (the “Company”) held on May 8, 2024 (the “Annual Meeting”), the proposals listed below were submitted to a vote of shareholders as set forth in the Company’s definitive proxy statement (the “Proxy Statement”) for the Annual Meeting.”
Earnings Releases

OFG BANCORP reported first quarter ended March 31, 2024 results: EPS $1.05.

“EPS diluted of $1.05 compared to $0.98 in 4Q23 and $0.96 in 1Q23.”
Earnings Releases

OFG BANCORP reported the year ended December 31, 2023 results: revenue $682.7 million, EPS $3.83.

“Full Year 2023: EPS diluted of $3.83 compared to $3.44 in 2022. Total core revenues of $682.7 million compared to $607.8 million.”
Earnings Releases

OFG BANCORP reported the quarter ended December 31, 2023 results: revenue $175.6 million, EPS $0.98.

“4Q23: EPS diluted of $0.98 compared to $0.95 in 3Q23 and $0.97 in 4Q22. Total core revenues of $175.6 million compared to $172.2 million in 3Q23 and $168.3 million in 4Q22.”
Earnings Releases

OFG BANCORP reported the quarter ended September 30, 2023 results: EPS $0.95.

“On October 20, 2023, OFG Bancorp (the "Company") announced the results for the quarter ended September 30, 2023.”
Earnings Releases

OFG BANCORP reported the second quarter ended June 30, 2023 results: revenue $170.5 million, EPS $0.93.

“OFG Bancorp Reports 2Q23 Results SAN JUAN, Puerto Rico, July 20, 2023 – OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the second quarter ended June 30, 2023. EPS diluted of $0.93 compared to $0.96 in 1Q23 and $0.84 in 2Q22. Total core revenues of $170.5 million compared to $164.4 million in 1Q23 and $146.3 million in 2Q22.”
Shareholder Votes

OFG BANCORP shareholders approved Ratification of selection of KPMG LLP as independent registered public accounting firm at the 2023-04-26 meeting.

“Proposal 5 – Ratification of Selection of Independent Registered Public Accounting Firm The proposal to ratify the selection of KPMG LLP as the Company’s independent registered public accountants for the year ending December 31, 2023 was approved. The voting results were as follows (there were no broker non-votes): For Against Abstain 43,680,667 534,081 2,747”
Shareholder Votes

OFG BANCORP shareholders approved Amendment to 2007 Omnibus Performance Incentive Plan at the 2023-04-26 meeting.

“Proposal 4 – Amendment to 2007 Omnibus Performance Inventive Plan The proposal to amend the 2007 Omnibus Performance Incentive Plan, as amended and restated, as described in the Proxy Statement, was approved by a majority of the issued and outstanding shares of common stock. The voting results were as follows: For Against Abstain Broker Non-Votes 40,182,318 1,407,486 14,109 2,613,582”
Shareholder Votes

OFG BANCORP shareholders approved Advisory vote on the frequency of votes on executive compensation at the 2023-04-26 meeting.

“Proposal 3 – Advisory Vote on the Frequency of Votes on Executive Compensation With respect to the advisory vote on the frequency of the shareholder advisory vote on the compensation of the Company’s named executive officers, the choice of “one year” obtained a majority of the votes cast. The voting results were as follows: 1 Year 2 Years 3 Years Abstain 37,449,719 2,272 4,116,018 3,591”
Shareholder Votes

OFG BANCORP shareholders approved Advisory vote on executive compensation at the 2023-04-26 meeting.

“Proposal 2 – Advisory Vote on Executive Compensation The compensation of the Company’s named executive officers, as described in the Proxy Statement, was approved on an advisory basis by a majority of the votes represented at the meeting. The voting results were as follows: For Against Abstain Broker Non-Votes 40,875,764 712,287 15,862 2,613,582”
Shareholder Votes

OFG BANCORP shareholders approved Election of seven directors for a one-year term at the 2023-04-26 meeting.

“The voting results with respect to each nominee were as follows: Directors For Withheld Broker Non-Votes Julian S. Inclán 40,303,200 1,300,713 2,613,582 José R. Fernández 41,462,638 141,275 2,613,582 Jorge Colón Gerena 41,395,553 208,360 2,613,582 Néstor de Jesús 40,740,181 863,732 2,613,582 Annette Franqui 41,439,951 163,962 2,613,582 Susan Harnett 37,362,796 4,241,117 2,613,582 Rafael Vélez 41,419,998 183,915 2,613,582”

Angel Vázquez was elected as Director at OFG BANCORP.

“On April 26, 2023, the Board elected Angel Vázquez to the Board of Directors effective immediately.”

Mari Evelyn Rodríguez was appointed as Chief Retail Banking Officer at OFG BANCORP.

“Ms. Mari Evelyn Rodríguez was appointed Chief Retail Banking Officer.”

César Ortiz was appointed as Chief Risk Officer at OFG BANCORP.

“Mr. César Ortiz, our Managing Director, Retail Business Development since March 2022, was appointed Chief Risk Officer.”

Ganesh Kumar was appointed as Chief Strategy Officer, U.S. Business at OFG BANCORP.

“Dr. Ganesh Kumar, our Chief Operating Officer since 2017, was appointed to a new position as Chief Strategy Officer, U.S. Business.”
Earnings Releases

OFG BANCORP reported first quarter ended March 31, 2023 results: revenue $164.4 million, EPS $0.96.

“EPS diluted of $0.96 compared to $0.97 in 4Q22 and $0.76 in 1Q22. Total core revenues of $164.4 million compared to $168.3 million in 4Q22 and $136.4 million in 1Q22.”
Governance Changes

OFG BANCORP: Eliminated age limitations for directors by amending Section 2 of Article II of Bylaws (effective 2023-01-25).

“Effective January 25, 2023, OFG Bancorp (the “Company”) amended Section 2 of Article II of its Bylaws to eliminate any age limitations in connection with serving as a director of the Company.”
Earnings Releases

OFG BANCORP reported the quarter and year ended December 31, 2022 results: revenue Total core revenues of $168.3 million, EPS EPS diluted of $0.97.

“OFG Bancorp Reports 4Q22 & 2022 Results SAN JUAN, Puerto Rico, January 26, 2023 – OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the fourth quarter and year ended December 31, 2022. Summary 4Q22 : EPS diluted of $0.97 compared to $0.87 in 3Q22 and $0.66 in 4Q21. Total core revenues of $168.3 million compared to $156.8 million in 3Q22 and $141.0 million in 4Q21.”

Annette Franqui was appointed as Director at OFG BANCORP.

“The Board also nominated Annette Franqui for election to the Board at the 2022 annual meeting of shareholders with her term expected to commence at the Company’s regularly scheduled Board meeting in July.”

Rafael Vélez was elected as Director at OFG BANCORP.

“On October 28, 2021, the Board elected Rafael Vélez to the Board of Directors effective immediately.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.