Quarterly ResultApr 21, 2026, 08:51 AM
OFG Bancorp Reports Q1 2026 EPS of $1.26
AI Summary
OFG Bancorp reported diluted EPS of $1.26 for Q1 2026, a slight decrease from $1.27 in Q4 2025 but a significant increase from $1.00 in Q1 2025. Total core revenues grew to $185.8 million, supported by strong business momentum and disciplined strategy execution. The company demonstrated robust capital management by repurchasing $44.5 million in common shares and increasing its dividend by 17%, alongside strong credit performance and deposit expansion.
Key Highlights
- Diluted EPS was $1.26, up from $1.00 in 1Q25.
- Total core revenues reached $185.8 million.
- Net interest margin stood at 5.36%.
- Repurchased $44.5 million of common shares.
- Increased dividend by 17%.